Discover and read the best of Twitter Threads about #insolvency
Most recents (8)
NCLT Delhi to shortly pronounce its verdict on the plea by Go Airlines voluntarily seeking initiation of insolvency proceedings against itself.
@GoFirstairways #GoFirstAirlines #Insolvency
@GoFirstairways #GoFirstAirlines #Insolvency
Since there is an administrative meeting going on, the coram of President Justice Ramalingam Sudhakar and technical member LN Gupta is yet to preside.
#GoFirstAirlines #insolvency
#GoFirstAirlines #insolvency
#Pakistan is going thru a complex #macro situation. At its heart is one symptom: the #CAD. Because the CAD has been perennial, this long-standing symptom translated into large foreign liabilities. Short 🧵👇
MNLU has entered into an MoU with Bombay Stock Exchange Institute Limited (“BIL”) to provide specialised undergraduate and graduate courses and diplomas in insolvency law.
We'll be starting with our flagship degree program: "LL.M. in Insolvency and Bankruptcy", and "PG Diploma in Regulatory Compliance Management."
The MoU was signed by our Hon'ble Vice Chancellor, Prof. (Dr.) Dilip Ukey and Mr. Ambarish Datta, MD and CEO at BIL. It is also a moment of pride that our Faculty Coordinator, Dr. @raghavpandeyy, shall be at the forefront of execution of this collaboration.
Did the #Irish Central Bank provide sovereign guarantees to buyers of Irish Bank Bonds and other contractual debt liabilities classified as fixed income securities, before the #GFC struck?
🇩🇪 Longer suspension on #insolvency filings masks credit risk that explodes into wave of #bankruptcies when the moratorium ends
Also nurtures zombie companies that hold back investment and innovation and act as a drain on the #economy
#Germany #recession
bloomberg.com/news/articles/…
Also nurtures zombie companies that hold back investment and innovation and act as a drain on the #economy
#Germany #recession
bloomberg.com/news/articles/…
“Zombie companies” are not a new phenomenon
They restrict the entry of new, more productive companies, diminish job creation in the economy and lock capital into unproductive uses. In a word, they are a menace to the economy and society
#recession
gnseconomics.com/2019/03/11/the…
They restrict the entry of new, more productive companies, diminish job creation in the economy and lock capital into unproductive uses. In a word, they are a menace to the economy and society
#recession
gnseconomics.com/2019/03/11/the…
World economy will follow the “Way of Japan” 🇯🇵
Central bankers will take an active (in practice, permanent) role in the financial markets. The hope is that this would keep the global asset bubble inflated and the world economy going
#recession
gnseconomics.com/2019/03/18/the…
Central bankers will take an active (in practice, permanent) role in the financial markets. The hope is that this would keep the global asset bubble inflated and the world economy going
#recession
gnseconomics.com/2019/03/18/the…
So it doesn’t look like @federalreserve can stop #2ndwave (which looks more like 1st wave doing a #FibonacciTrading 23% pullback before exploding up another 161%)
eand.co/america-surren…
eand.co/america-surren…
And it doesn’t look like @federalreserve can stop the #insolvency and #bankruptcy phase... The last 6 months had the most filings since 2009
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
#AatmaNirbharBharatAbhiyan
Based on 👇
Land,Labour,Liquidity&Laws that are not isolationist but inclusive
Ease of Doing Business
DBT,JanDhan,Aadhar, Micro Insurance,Ujjwala Yojana, Ayushman Bharat, PM Awaas Yojana,PM FasalBima Yojana,Krishi Sinchai,Swachh Bharat--Key Landmarks
Based on 👇
Land,Labour,Liquidity&Laws that are not isolationist but inclusive
Ease of Doing Business
DBT,JanDhan,Aadhar, Micro Insurance,Ujjwala Yojana, Ayushman Bharat, PM Awaas Yojana,PM FasalBima Yojana,Krishi Sinchai,Swachh Bharat--Key Landmarks
GST,IBC&PSU Bank Recapitalisation in last 6 yrs,have been big reforms
52606Cr given via #DBT to 41Cr #JanDhan holders
Free wheat&rice to 69Cr ration card holders
18000Cr tax refunds given
Free cylinders to 8Cr #Ujjwala holders
#20lakhcrores #COVIDー19
#atmanirbharbharat
52606Cr given via #DBT to 41Cr #JanDhan holders
Free wheat&rice to 69Cr ration card holders
18000Cr tax refunds given
Free cylinders to 8Cr #Ujjwala holders
#20lakhcrores #COVIDー19
#atmanirbharbharat
Project DevelopmentCells,working for Promotion of Champion Sectors,in States
#MakeInIndia&Upgradation of Industrial Infra,a success&more will be done to #Decongest economy
3376 SEZs&IndustrialParks with 5 lakhhectares,to be ranked& mapped,in terms of readiness for competition
#MakeInIndia&Upgradation of Industrial Infra,a success&more will be done to #Decongest economy
3376 SEZs&IndustrialParks with 5 lakhhectares,to be ranked& mapped,in terms of readiness for competition
#Insolvency Almost a year since @RBI released the list of 12 large defaulters to be marched to NCLT, and we have seen ONE successful resolution so far. Two, if you count Electrosteel Steels, which exited bankruptcy briefly, only to be pulled back in. Here's a quick check (1/n)
#Insolvency #BhushanSteel NCLT approved Tata @TataSteelLtd's takeover of Bhushan Steel. Tatas offered Rs 35,200 cr to settle the lenders' dues at a 37% haircut. Done deal? Bhushan Steel promoter Neeraj Singhal has filed an objection in the matter, NCLAT hearing on May 21. #IBC
#Insolvency #ElectrosteelSteels resolution plan submitted by @VedantaLimited for Rs 5,320 cr was approved by NCLT, but Renaissance Steel, another contender for the company, is now contesting the bid. NCLAT has ordered a status quo on sale of the company until further hearing.
