We often hear about Sanctions, read about them on the news. While we know countries that have Sanctions against them, how do Sanctions impact our day to day business affairs, and our economy? Read on.
Maximization of asset value to boost entrepreneurship, loan availability, and stakeholder balance is one of the IBC’s primary goals. Various financial assistance programmes are available to help an MSME expand its borrowing capacity.
With numerous companies facing the wrath of the COVID-19 pandemic and the resulting financial challenges, the Insolvency and Bankruptcy Code ("IBC"), still in its early stages, has sparked a lot of debate.
Due Diligence is a critical exercise before initiating any new business relationship, yet tends to get tedious. With teams adapting to remote work models, AI has emerged as a hero in the Due Diligence landscape. Here's how AI can help you run efficient & accurate risk assessments.
Run targeted risk checks on Individuals & use the New sources added to our 1000+ regulators to enrich litigation and regulatory compliance checks.
The latest amendment to the IBC renders Promoters of a company ineligible to participate as a resolution applicant.
Due diligence is important before investing in a company or a firm. Siemens Gamesa Renewable Energy's India Unit recently fired a top executive over lack of DD. Internal investigations found that he failed to conduct appropriate DD when engaging a consultancy with a political connection.
Wilful defaulters are considered as entities that do not pay back money despite the ability to do so. The concept of 'Wilful Defaulter' has been explained by the Master Circular issued by RBI (under the Banking Regulation Act, 1949).