Supreme Court agrees to hear operational creditors on August 19, asks them to file amended applications in a week
Jaitley said such an option could be thought of only after the initial rush of bankruptcy cases are cleared
In order to be a member of the committee of creditors, it is necessary for a home buyer to file claims before the insolvency professional
The stay can be seen as digging of the roads for metro work so that future traffic will reduce and mass transit be a reality
The compulsion of RBI circular does not apply till November
Investor protection bodies say new rules force minority stockholders to part with their holdings at a token price
The Code is not a remedy for creditors to pursue their individual rights; it is a symbiotic mechanism for all stakeholders
The committee will give its views to the Ministry of Corporate Affairs on how homebuyers should be treated while bringing down the threshold for approval of a plan to two-thirds of the creditors
A weekly selection of key court orders