Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: ACCOUNTING STANDARD :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: empanelment :: VAT Audit :: form 3cd :: VAT RATES :: list of goods taxed at 4% :: ACCOUNTING STANDARDS
« Mergers and Acquisitions »
 Indian Steel Tycoon Hires StanChart Banker to Lead M&A
 Deals of the day-Mergers and acquisitions Nov 14, 2017
 Largest cybersecurity M&A deals in 2017
 State Bank of India eyes profitable expansion outside home
 Deals of the day-Mergers and acquisitions Nov 6, 2017
 Large merger and acquisitions back in Indian pharma
 RBI norms may spur digital wallet mergers
 How Indian businesses are evolving M&A strategies
 Deals of the day-Mergers and acquisitions Nov 3, 2017
 Ease of doing business in India remains a major concern: Airtel’s Sunil Mittal
 Mergers and Acquisitions hit by demonetisation, GST roll out

NCLT process will cleanse the system; another Swachh India in the making
August, 31st 2017

The insolvency and the bankruptcy process is a very positive process and a reform was long needed. The good thing about this process is that it is a well defined timeframe of 270 days within which we will get a clear resolution or else liquidation. There is enough incentive and pressure both on the borrower and the bankers as well to find a sustainable solution within this period for resolution. This kind of healthy tension of time versus a need to resolve versus liquidate will work favourably.

Do you expect a lot of mergers and acquisitions in the next few months because many potential acquirers, including some stressed funds might look at these NCLT cases as potential value buys?

It is going to be an interesting aspect with bidders coming and making a bid for assets on the basis of true enterprise value and that will help in cleansing the process and this to me is one more aspect of what I call as a Swachh Bharat in the making.

The growth trajectory, how do you look at the economy right now? Do you see green shoots back in the economy, do you see demand back on the ground what is the feedback that you get from some of your clients?

A lot of the reforms will over time produce significant transformative results. But in the short run, we run some of the challenges which are frictional whether it is out of the GST, IBC and RERA. So once the frictional aspects of transition settle down, I am looking to a transformative phase of the Indian economy.

How do you look at a particular situation wherein perhaps there might be cases of NCLT wherein the promoters may be a little resistant to the entire process because they feel that they have not been given enough time by the bankers, do you expect these practical difficulties on the ground?

As I understand promoters can be one of the bidders. We have to see how that process goes and how their bids are taken by the NCLT process.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Website Ranking Website Ranking Company Website Positioning Alexa Ranking Website Promotion Website top 10 ranking website top 10 promotion search engine result promotion Strategic Internet Marketing Website Optimization Website Ranking Factors

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions