The Insolvency and Bankruptcy Code (Amendment) Bill, 2025, as reported by the Select Committee passed in Lok Sabha on Monday. A total of 12 amendments are being proposed in the Insolvency and Bankruptcy Code (IBC) to strengthen the existing framework…
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The Corporate Laws Amendment Bill 2026 proposes a stricter compliance framework for limited liability partnerships mandating double entry accounting introducing a daily penalty structure for defaults strengthening Registrar enforcement powers and formalising automatic transfer of assets and liabilities upon conversion.
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“The combined impact across the four channels on growth, inflation, the fiscal balance, and external balances is likely to be significant,” Nageswaran said.
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Officials told that in the absence of relief on the lines of Vodafone Idea (Vi), the telecom operators need to deposit the instalment in accordance with a Supreme Court order and that a failure to do so would be treated…
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The issues were discussed among the respective ministers on the sidelines of the 14th ministerial conference of the World Trade Organization (WTO MC14), the government said Sunday.
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The government has announced a slew of measures, including cutting excise duty on petrol and diesel during the month and will not hesitate to announce more to shield the vulnerable sectors of the economy, sources said.
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