The insolvency regulator, in a discussion paper on issues related to the real estate sector said, "From a stakeholder perspective, the presence of such competent authorities in CoC meetings can enhance transparency and build confidence among homebuyers and other stakeholders in the resolution process."
In order to allow associations of home allottees participate in the resolution process, IBBI has proposed to bring an explanation stating the powers of CoC to use its discretion and relax certain conditions for such associations.
Diese Geschichte stammt aus der November 08, 2024-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der November 08, 2024-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
RBI seeks info on NBFCs' supply-chain financing
Shadow banks told to rework offers
Adani case, Manipur may take centre stage in winter session
Govt lists banking law Bill for Lok Sabha discussions on Day 1
CCPA seeks to polish diamond framework
Invites stakeholder views for norms
Aligning with global audit standards critical to Viksit Bharat vision
AJAY BHUSHAN PANDEY, chairman, National Financial Reporting Authority (NFRA), in an interview with Ruchika Chitravanshi in New Delhi, says the latest reforms proposed to India's audit standards are historic and long overdue. Edited excerpts:
Global fund managers' India euphoria fizzling out
The recent global fund flow data suggests that one big cycle of foreign fund allocation into India may have come to an end and the trend could remain soft for a longer time, according to a report by Elara Capital.
UK FTA talks restart soon; complex issues persist
Issues like labour, environment remain tricky as talks may begin in Jan
Major port cargo contracts 3.2% to 68 mt in Oct
Central government-owned ports, also known as major ports, recorded a rare 3.2 per cent year-on-year (Y-o-Y) contraction in their cargo volumes during October, primarily due to a fall in crude oil and coal shipments, according to government data.
Luxury automakers hike prices up to 3% amid rising costs
Amid mounting inflationary pressures, escalating material costs, and rising operational expenses, luxury carmakers Mercedes-Benz India and BMW India have announced price increases of up to 3 per cent on their entire model ranges effective from January 1, 2025.
Punit Goenka withdraws from ZEEL MD reappointment
ZEE Entertainment CEO Punit Goenka (pictured), who resigned from the post of managing director (MD) last week, has also withdrawn himself from reappointment for the post in the coming annual general meeting (AGM), according to an exchange filing.
Qcom to create 10x more Mamaearths, Boats in 3-4 years
AADIT PALICHA, co-founder and chief executive officer of quick commerce firm Zepto, speaks to Aryaman Gupta and Shivani Shinde in an interview about the capex plans, slowdown in FMCG sector, and predatory pricing. Edited excerpts: