Insolvency and Bankruptcy Code

Demonetisation and GST have slowed down capital expenditure by companies - Sakshi Post
Oct 10, 2017
Demonetisation and GST (Goods and Services Tax) have slowed down the process of capex or capital expenditure by companies. 
The Gujarat High Court dismissed Essar Steel’s plea against the RBI directive to the banks to start insolvency proceedings against it. - Sakshi Post
Jul 17, 2017
Essar Steel had moved the high court challenging the RBI’s circular asking the banks to initiate action against the company.
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