Date: 19 January 2021
#ibc #insolvency #bankruptcy #supremecourt #homeowners #realtors #regulator
https://m.businesstoday.in/story/sc-upholds-100-homebuyer-threshold-for-insolvency-application-against-realtors/1/428435.html
#ibc #insolvency #bankruptcy #supremecourt #homeowners #realtors #regulator
https://m.businesstoday.in/story/sc-upholds-100-homebuyer-threshold-for-insolvency-application-against-realtors/1/428435.html
Business Today
SC upholds 100-homebuyer threshold for insolvency application against realtors
The threshold is the requirement that there should be at least 100 allottees or 10 per cent of the total allottees, whichever is less, to support an insolvency application against a real estate project
Date: 23 March 2021
#supremecourt #banking #balancesheet
https://m.economictimes.com/markets/stocks/news/waiver-of-compound-interest-on-loans-to-have-limited-impact-for-banks/articleshow/81651862.cms
#supremecourt #banking #balancesheet
https://m.economictimes.com/markets/stocks/news/waiver-of-compound-interest-on-loans-to-have-limited-impact-for-banks/articleshow/81651862.cms
The Economic Times
What’ll be the real impact of SC order on bank balance sheets?
Analysts said it remains to be seen if the cost of refunding compound interest on loans of over Rs 2 crore will be compensated by the government, as was the case earlier or will it be absorbed by the banks themselves.