Resolution of insolvency shouldn’t take above 18 months: T K Viswanathan

Interview with chairman, Bankruptcy Law Reforms Committee Read more »

FCC looking to limit debt collection calls

  Apparently the folks at the Federal Communications Commission (FCC) aren’t big fans of debt collection robocalls, either. Last year, as part of the new budget that was passed, agencies collecting debt on behalf... Read more »

Understanding the statutes of limitations on debt

  The following is provided for informational purposes only and is not intended as legal advice or credit repair. When it comes to old, unpaid debts, there’s a bit of confusion around the term... Read more »

Regulatory net for taxi aggregators

With the Centre and states determined to regulate the services of technology-driven companies, the argument that existing rules do not apply to them will no longer hold ground Read more »

‘The Bankruptcy Bill improves protection for blue-collar employees’

The original Bill contained a provision that required insolvency professionals to deposit a performance security at the time of their appointment Read more »

‘Clubbing creditors could lead to unintended consequences’

The Code appears to club secured creditors with unsecured creditors. This treatment could lead to certain unintended consequences Read more »

Onus on boards to ensure adequacy of internal controls

Although the law lays responsibility primarily on the audit committee for establishing and operating internal control, the board is not absolved of responsibility Read more »

Return of pre-deposit in Sarfaesi suits

A borrower can file an appeal against the DRT before the appellate tribunal only if he deposits 50% of the due amount or 50% ordered by the DRT, whichever is less Read more »

Everything you need to know about chip cards

  If you’ve received a new credit card in the past year or so, you’re probably still adjusting to life with a chip card (sometimes known as a smart card). I was recently... Read more »

Financial stress leads to symptoms of depression, PTSD

  May is Mental Health Awareness Month. It’s estimated that between 20 to 25 percent of all Americans suffer from some form of mental illness. The origins of mental illness are varied and complex.... Read more »