Latest News on Defaulters
Showing of 0 - 10 from 25 results
Defaulters - Total results - 25
Mar 11, 2019
Sebi seeks powers to grant immunity, impose lesser penalty in select cases of assistance in probeOn the proposal regarding power to grant immunity, Sebi is of the view that such powers currently lies only with the central government
Feb 28, 2019
IL&FS board begins legal action against defaulters of subsidiary IFIN after detecting irregularities, fraudEarlier this month, state-owned gas utility GAIL India terminated a Rs 270-crore pipe laying contract it had awarded to financially-troubled IL&FS and replaced it with another contractor.
Feb 13, 2019
Bad loans under Pradhan Mantri Mudra Yojana stands at Rs 7,277 cr till March 2018Loans extended under PMMY from inception of the scheme up to March 2018 by all member lending institutions (MLIs) were Rs 5.71 lakh crore,
Aug 27, 2018
Bankers race to resolve Rs 3.8 trillion bad loans for around 70 accounts as 6-month RBI deadline ends todayBanks are trying to come up with a resolution plan for these accounts as going to NCLT will mean large haircuts.
Jul 03, 2018
Chasing all defaulters may chill economic activity, cautions Nitin GadkariGadkari said in a democracy it is also essential to listen to the Opposition and take everybody's views on board for the better benefit of all the people,
Mar 21, 2018
Fraud at listed firms: Stock market regulator Sebi to rein in erring auditors, valuersThe proposed move assumes significance as the role of auditors and valuers has come under scanner in a number of high-profile cases such as the Satyam and Kingfisher frauds, as also the PNB scam, WhatsApp leak and the Fortis matter in the recent past
Dec 15, 2017
Soon 'payee' in a cheque bounce case will get incentive as govt plans to amend law, fast track trialsNarendra Modi govt plans to amend Negotiable Instrument Act, 1881 to strictly deal with cheque bounce cases
Nov 29, 2017
Arun Jaitley says govt has not waived off loans of big NPA defaulters, faults UPA for banking messUnder the new Insolvency and Bankruptcy Code, cases have been instituted in the National Company Law Tribunal (NCLT) for time-bound recovery from 12 largest defaulters.
Sep 18, 2017
Vijay Mallya episode: Law Ministry okays draft bill on fugitive economic offendersFugitive Economic Offenders Bill 2017 will give powers to the government to confiscate property of economic offenders and defaulters who flee India, albeit with a new provision
Sep 08, 2017
Bank NPAs: RBI has identified second list of large defaulters, says Deputy Governor Viral AcharyaGoing forward, the RBI hopes that banks utilise the IBC extensively and file for insolvency proceedings on "their own without waiting for regulatory directions