NCLT is a resolution and not a recovery mechanism: Bahram N Vakil | RSS News Feed

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NCLT is a resolution and not a recovery mechanism: Bahram N Vakil

We didn’t follow the US because we don’t want ‘debtor in possession’. The newly-formed committee to review amendments to the Insolvency and Bankruptcy Code may have to look to fix contentious tax issues including stamp duty, said Bahram N Vakil ... read more

FINANCIAL CIRCUMSTANCES

If you want to bolster your financial position then read on. Identifying a sizeable slice of deposits as unaccounted cash will not only shore up overall tax collection, but also give govt a chance to show note ban a success. Can your family members access ... read more

Keeping promoters out could hit bankruptcy process, say lawyers

Bahram Vakil of AZB & Partners said that the lack of strong promoter bids could dilute the competitive process between the remaining resolution ... not participate. While bankers say that there are enough bidders for the 12 large cases referred to the NCLT ... read more


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