• Tag results for debt

Finance Minister sleeping? Bombay HC annoyed over non-functioning of Debts Recovery Tribunal

The DRT, located in the Scindia House building at Ballard Estate in south Mumbai, has been non-functional since a fire broke in the building on June 2.

published on : 23rd July 2018

Preetha Shaji detained ahead of the 48-hr stir, released by evening

The police had earlier arrested four persons in the case registered following the self-immolation threats to prevent revenue officers from attaching the property.

published on : 18th July 2018

Finance Commission to address West Bengal's debt restructuring demand

The commission has taken a serious note of the expectation of the state government and will explore possible ways within our mandate."

published on : 18th July 2018

Towering debt: Over 6,000 crore tax pending from local bodies in Karnataka

Most of the mobile towers, windmills, private power plants and others, due to the problems associated with tax collection, have not paid any taxes to the state.

published on : 16th July 2018

National Company Law Appellate Tribunal gives stay order till July 16 to Gujarat NRE Coke Ltd

Gujarat NRE Coke had failed to get any suitor for resolution under the Insolvency and Bankruptcy Code (IBC) as an ongoing concern as no plan was accepted by its secured creditors.

published on : 15th July 2018

Jharkhand: Six members of debt-ridden family commit suicide in Hazaribagh

As per the suicide note, family could not bear the pressure due to prolonged disease of the only earning member of the family, which further lead to enormous debts on them.

published on : 15th July 2018

National Company Law Appellate Tribunal directs Jaypee Infratech RP to submit insolvency resolution process​ status report

A two-member bench of the appellate tribunal, headed by Chairman Justice S J Mukhopadhaya, has asked the RP to list out the stage of the corporate insolvency resolution process.

published on : 13th July 2018

SEBI slaps Rs 10 lakh fine on Axis Trustee Services for non-compliance with debenture trustee norms

It found that Axis Trustee failed to appoint nominee directors for debt issues of three companies --- Jaiprakash Associates, Essar Power and Amtek Auto.

published on : 11th July 2018

Fugitive liquor baron Vijay Mallya shrugs off threat of British asset seizures

India wants to extradite the 62-year-old former liquor baron from Britain to face charges of fraud as a group of Indian banks seek to recover more than USD1 billion of loans.

published on : 9th July 2018

Karnataka: Debt-ridden farmer commits suicide in Kalaburagi

Due to crop failure, Rajashekhar attempted to commit suicide on Sunday by consuming poison and he was immediately admitted to Kalaburagi district government hospital.

published on : 6th July 2018

Trapped in debt, Tamil Nadu's Irula community slipping into bonded labour again

Almost all residents of this village belong to the Irula community (a Scheduled Tribe) and have no land to farm on, no education to seek better employment and no access to get either.

published on : 1st July 2018

Telangana Farmer debt relief commission to get new chairman

The special counsel said that the order was meant to facilitate appointing a ‘noted person’ having experience in the field of agriculture, finance and law for the chairman post.

published on : 26th June 2018

Greece nears end to eight-year bailout odyssey

If successful the talks will mark an important milestone for Europe nearly a decade after Greece stunned the world with out-of-control debts.

published on : 21st June 2018

Greek economy crisis: Eurozone ministers seek end to Greece bailout odyssey

After the bailout, Athens will remain on a tight leash through post-programme monitoring that officials said would be stricter for Greece than for Portugal, Ireland and Cyprus.

published on : 21st June 2018

Punjab Chief Minister Amarinder Singh seeks blueprint of national debt waiver scheme for farmers

Underlining Punjab’s important role in defence and the food security of the nation, he made a strong case for gdebt relief for farmers.

published on : 17th June 2018
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