India Business News: Under the new rule, the listed entity will have to obtain permission from all holders of non-convertible debt securities within 15 working days of rec
According to government data, the threat of legal action has led many promoters to pay their dues, even before cases are admitted to the National Company Law Tribunal (NCLT). Creditors and suppliers have recovered their dues immediately after filing under the Insolvency & Bankruptcy Code (IBC). Since 2016, settlements totaling over Rs 8.2 lakh crore have been paid out, with Rs 2.9 lakh crore recovered from 720 cases.
Ease of doing business improved in 9 years encouraged enterprise: PM thestatesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestatesman.com Daily Mail and Mail on Sunday newspapers.
and divisible for the excess, including the share premium, through the issuance of a total maximum no. of 79,199,228 new ordinary shares, with no par value, having the same characteristics as those in. | March 30, 2023