Include land authorities in CoCs, asks IBBI
The Morning Standard|November 08, 2024
IN yet another set of likely changes in rules related to real estate insolvency, the regulator has proposed including land authorities in the Committee of Creditors (CoC) without giving them voting rights.
MONIKA YADAV
Include land authorities in CoCs, asks IBBI

The regulator also proposes an amendment in the law to make it clear that claims of homebuyers must include 8% interest per annum.

Currently, the CoC primarily comprises financial creditors, which often leads to a disconnect regarding land-related regulatory issues, potentially complicating resolution plans.

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FLERE HISTORIER FRA THE MORNING STANDARDSe alt
Disney unveils new song from Snow White
The Morning Standard

Disney unveils new song from Snow White

DISNEY has unveiled a new song 'Waiting on a Wish' from the much-anticipated live-action adaptation of Snow White.

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1 min  |
December 27, 2024
ONE FOR SERIAL PLANT KILLERS
The Morning Standard

ONE FOR SERIAL PLANT KILLERS

THE ZZ plant (Zamioculcas zamiifolia) is a dream come true for those who struggle to keep plants alive. Hardy, low-maintenance, and nearly indestructible, it thrives with minimal care, making it perfect for beginners and busy plant owners.

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1 min  |
December 27, 2024
Garden in bloom
The Morning Standard

Garden in bloom

Shasha's designs showcase exquisite techniques that celebrate the artistry of couture

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2 mins  |
December 27, 2024
Delhi's Winter Date With Bengal
The Morning Standard

Delhi's Winter Date With Bengal

As the winter chill sets in, the craze for date palm jaggery-based sweets is rising in and outside Delhi's mini Kolkata, and there's a new challenger in town. TMS samples through the sweet-mile to see how the old shops are holding up.

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5 mins  |
December 27, 2024
The Morning Standard

Shahrukh, Mohamed help TN down UP

SHAHRUKH Khan's 85-ball 132 not out and Mohamed Ali's 76 not out (75 balls, eight fours, one six) powered Tamil Nadu to a massive 114-run win over Uttar Pradesh at Visakhapatnam in a Group D match of the Vijay Hazare Trophy.

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1 min  |
December 27, 2024
Wrestling continues to grapple for survival
The Morning Standard

Wrestling continues to grapple for survival

The sorry state of affairs in wrestling continues even though Aman Sehrawat, with his Olympic bronze, salvaged some pride earlier this year. As 2024 nears end, Firoz Mirza sheds some light on issues ailing the sport and way forward to reclaim the good old days...

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3 mins  |
December 27, 2024
City pay penalty, Chelsea stunned
The Morning Standard

City pay penalty, Chelsea stunned

ERLING HAALAND had a second-half penalty saved as crisis-torn Manchester City failed to end their dismal run with a 1-1 draw against Everton, while title contenders Chelsea suffered a first home defeat against Fulham since 1979.

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1 min  |
December 27, 2024
Teen Konstas takes bowlers to cleaners on his Test debut
The Morning Standard

Teen Konstas takes bowlers to cleaners on his Test debut

JASPRIT Bumrah had just welcomed Sam Konstas to Test cricket.

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4 mins  |
December 27, 2024
Top Gun 4: Oz batters foil India's plans
The Morning Standard

Top Gun 4: Oz batters foil India's plans

In front of record number of fans at MCG on Day 1, Australia top-four help team post 311/6

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3 mins  |
December 27, 2024
Indian Companies May Raise ₹2 Lakh Cr From Market Via Public Issues In 2025
The Morning Standard

Indian Companies May Raise ₹2 Lakh Cr From Market Via Public Issues In 2025

DESPITE a sharp correction in the equity market in recent months, the initial public offering (IPO) market has remained robust.

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1 min  |
December 27, 2024