IMPERIAL TOBACCORBS rates the cigarette manufacturer a “buy” following the announcement of price increases. It notes that this should more than offset the impact of increased excise rates in Spain. Imperial’s profit pool should remain largely unchanged from FY10 and continued cost savings should allow the group to deliver marginal profit growth. The broker notes that its investment case remains intact and reiterates its £23.80 target price.AVOCET MININGEvolution Securities retains its rating of the gold mining company as “neutral”, with exploration in West Africa key. It notes that Avocet is worth less with the likely sale of southeast Asian assets and sets a target price of 225p/200p. But, the broker says that the potential success from the drilling programme next year could replace the company’s lost ounces.BAE SYSTEMSExecution Noble reiterates its “buy” rating, with shares falling by 19 per cent since October. BAE’s P/E discount versus the US peers has widened to 160 basis points. The broker says that recent beneficial moves in BAE’s pension discount rate, and the possibility of near term closing of the Platform Solutions disposal makes the discount excessive. Sunday 12 December 2010 10:26 pm whatsapp KCS-content Show Comments ▼ Share whatsapp BEST OF THE BROKERS More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute
Show Comments ▼ KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Share whatsapp 3i doubles its investments whatsapp Tags: NULL 3I RAMPED up investments in the final quarter of last year to hit a total of £510m in the last nine months of 2010, the listed private equity firm said yesterday.The figure was more than double the investment made in the same period in 2009, its interim management statement said.Buyout deals made up 93 per cent or £472m of that total, up from 35 per cent in the last nine months of 2009.It also realised £105m from exiting investments in the three months, taking its nine-month total to £398m. This was about half the £777m realised in the same nine months in 2009, but left out £350m expected from two further exits, of engine maker MWM in October and Hyva in December that have not yet completed. Evolution Securities analyst Bill Barnard said the nature of deal flow meant income from realisations and investments varied considerably from period to period. “Ultimately this is a game of quality, not quantity,” he said. “3i had a burst of action before Christmas; it is seeing growth coming back after private equity fell off a cliff in 2008 and 2009, but the market remains slow.”3i spent £183m in the three months to December on deals including buying jewellery supplier Amor Group from Pamplona Capital; Stork Materials Technology from Candover, calibration firm Trescal from Astorg Partners and medical distributor OneMed from Nordic firm CapMan.3i shares closed 1.15 per cent higher at 317.7p. Thursday 27 January 2011 8:51 pm
WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTreehuggerHow To Protect Yourself Against CyberthreatsTreehuggerUndoGeorgetown UniversityLearn from Anywhere This Summer with Georgetown’s Online Summer CoursesGeorgetown UniversityUndoPhotoStickHow To Back Up All Your Old Photos In SecondsPhotoStickUndoHaving turned heads with the world’s first pink Formula 1 car in 2017 and building upon three successful seasons as Principal Sponsor, BWT and Racing Point have expanded their relationship so that the team will be known as “BWT Racing Point F1 Team”.As unveiled to assembled media and guests today at the home of BWT in Mondsee, Austria, the team’s distinctive pink livery – a firm favourite amongst racing fans across the globe – will remain, with BWT branding featuring even more prominently on the team’s new car, the RP20, states a Press relead.“Since 2017, we have thoroughly enjoyed building a successful partnership with BWT and we’re delighted to be celebrating our fourth year together by welcoming them as our Title Partner. This expanded collaboration truly reflects the loyalty, commitment and energy that they bring to the Racing Point family. I’m pleased we could launch our season here in Mondsee at the home of BWT and shine a spotlight on the valuable work being done by BWT to drive sustainability. We have enjoyed many memorable moments both on and off track already and we now look forward to adding more in the 2020 season,” said Otmar Szafnauer, CEO & Team Principal, BWT Racing Point F1 Team.Andreas Weißenbacher, CEO of BWT, added: “Over the past three years we have brought our distinctive pink colour into Formula 1 and built a very strong relationship with Racing Point. We are committed to helping this team achieve its objectives and this is why we have chosen to increase our support by becoming title partner. Working together in this way we believe the team can be much more competitive on the track in 2020. We will also support the team’s push to become more sustainable. Together we will cut down the use of disposable bottles at the track, minimise plastic waste and facilitate the local treatment and consumption of water.”Scuderia Alphatauri Honda reveal new F1 Car launch programmeA Fitting TributeSituated on the scenic shores of Lake Mondsee, BWT’s Austrian Headquarters provided the perfect backdrop for the announcement of a collaboration built on technological advancement and sustainability.Race drivers Lance Stroll and Sergio Perez were joined by CEO & Team Principal Otmar Szafnauer and Sporting Director Andy Stevenson, as the partnership was formally launched ahead of pre-season testing in Barcelona later this week.A Shared ObjectiveBWT has long been committed to the reduction of plastics through the adoption of reusable vessels and recyclable filters to reduce waste and pollution in the modern world.With this objective more sharply in focus than ever before, BWT will continue to support the team in its push to achieve sustainability targets, including cutting down on single-use plastics.Watch Asian Wrestling Championships 2020 LIVE Streaming, Highlights, News, Videos, Photos, Results and Rankings on WrestlingTV.inBWT’s innovative technology and outstanding know-how has had an incredibly positive impact on reducing CO2 emissions compared to single-use plastic bottled water. Guests visiting the team’s trackside hospitality buildings to refill their reusable bottles with locally produced – great tasting – BWT Magnesium Mineralized Water will enjoy a first class taste experience combined with a convenient way of drinking.The Best Water Technology Group is Europe’s leading water technology business with a staff of more than 5,000 working on innovative, economical and ecologically friendly water treatment technologies to provide private households, industry, commerce, hotels and municipalities with the safest and most hygienic water possible for their day-to-day needs.BWT provides modern purification systems and services for drinking water and highly purified water (WFI – water for injection) used in pharmaceutical and other processes, heating, boilers, cooling and air conditioning as well as water used in swimming pools.Watch Asian Wrestling Championships 2020 LIVE Streaming, Highlights, News, Videos, Photos, Results and Rankings on WrestlingTV.in By Kunal Dhyani – February 18, 2020 Cricket Cricket BCCI to form committee to take call on compensating domestic cricketers Euro 2020 LIVE broadcast in more than 200 countries, check how you can watch Live Streaming of EURO 2020 in your country Latest Sports NewsSportSports Business Cricket WI vs SA 2nd Test Day 3 Live: South Africa lose early wickets; SA 35/2 (11 ov)- Follow Live Updates RELATED ARTICLESMORE FROM AUTHOR Ahead of Formula 1’s landmark 70th anniversary season, Racing Point F1 Team has announce an expansion of its long-standing partnership with Austrian water technology specialist, BWT – Best Water Technology.CLICK HERE: LIVE Streaming of Asia Wrestling Championships 2020 Latest Sports News Previous articleDsport to broadcast LIVE Davis Cup World Group qualifierNext articleRijiju calls for inquiry into Indian kabaddi team’s Pakistan tour Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. PSL 2021 Playoffs: Schedule, Timing, LIVE streaming, list of champions; all you need to know Cricket Racing Point Formula 1 Team extends BWT title partnership Facebook Twitter Football WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video Share on Facebook Tweet on Twitter Formula 1 Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore Cricket TAGSBWT Racing Point F1 TeamFormula 1Formula 1 partnershipRacing Point F 1Sports Business NewsSports Business News India SHARE Euro 2020, Switzerland vs Turkey LIVE: Shaqiri adds another as Switzerland lead 3-1; Follow Live Updates F1 French GP 2021: Max Verstappen pips Lewis Hamilton to win French GP, Perez finishes 3rd Latest Sports News Football YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinition|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndo Tokyo Olympics: Deepika Kumari to be sole entry to Tokyo Games as Indian women’s recurve team fails to qualify
SIC Insurance Comany Limited (SIC.gh) listed on the Ghana Stock Exchange under the Insurance sector has released it’s 2007 prospectus For more information about SIC Insurance Comany Limited (SIC.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the SIC Insurance Comany Limited (SIC.gh) company page on AfricanFinancials.Document: SIC Insurance Comany Limited (SIC.gh) 2007 prospectus Company ProfileSIC Insurance Company Limited is a leading insurance company in Ghana providing non-life products in the motor, marine and aviation, fire and accident sectors. The motor division covers accidental loss of motorbikes and vehicles and third-party accident, fire and theft. The Marine and Aviation division covers airborne cargoes, ships and fishing vessels, ports and harbour installations and aviation insurance covering aircrafts, cargo and passengers. The Fire division covers accidental destruction of properties including household, personal, commercial and industrial buildings and effects. The Accident division’s coverage ranges from personal and family accidents to cash-in-transit, banker’s indemnity and contractor’s all-risk insurance. SIC Insurance Company also offers workmen’s compensation insurance, general bonds and engineering and construction insurance as well as offering investment, asset and fund management advisory services. SIC Insurance Company was founded in 1955 and its head office is in Accra, Ghana. SIC Insurance Company Limited is listed on the Ghana Stock Exchange
Phoenix Investment Company Limited (PHIN.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2015 abridged results.For more information about Phoenix Investment Company Limited (PHIN.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Phoenix Investment Company Limited (PHIN.mu) company page on AfricanFinancials.Document: Phoenix Investment Company Limited (PHIN.mu) 2015 abridged results.Company ProfilePhoenix Investment Company Limited is an investment holding company that works through two segments; insurance and corporate, to provide life insurance products and general financial services. The company controls Phoenix Beverages Limited as its subsidiary which deals in the manufacturing, distribution and sale of beverages. Phoenix Investment Company Limited is listed on the Stock Exchange of Mauritius.
Anglo American Plc (ANGLO.bw) listed on the Botswana Stock Exchange under the Mining sector has released it’s 2018 presentation results for the half year.For more information about Anglo American Plc (ANGLO.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Anglo American Plc (ANGLO.bw) company page on AfricanFinancials.Document: Anglo American Plc (ANGLO.bw) 2018 presentation results for the half year.Company ProfileAnglo American Plc is a diversified mining enterprise with extensive interests in gold, platinum, diamonds, coal, metals, industrial minerals, paper and packaging, and financial and technological support. Anglo American Plc has an international footprint, with operations and undeveloped resources in Africa, Europe, South and North America and Australia. Anglo American’s diamond interests are represented by a 45% share holding in De Beers. The company produces approximately 35% (by value) of the world’s rough diamonds from its mines in Botswana, Canada, Namibia and South Africa. The government of the Republic of Botswana has a 15% beneficial interest. De Beers is a 50/50 partner with GRB in the Debswana Diamond Company. Debswana operates two of the world’s largest diamond mines in Botswana; Jwaneng and Orapa Mines.
I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Most investors make mistakes along the way. It is part of the learning process and to be expected. But you can reduce your investing mistakes by taking the time to research and plan where to invest money to get good returns.At the Motley Fool we believe a long-term approach to stock market investing is the best way to generate steady wealth for a financially stable future. This follows the principles of value investing, as advocated by billionaire investor Warren Buffett. 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Depositing small, but regular cash sums is a common way to get started in investing for beginners. Some brokers offer a regular investment option, such as £1.50 a month, so if you can afford to invest £100 a month in a stock, then the £1.50 fee is only 1.5% of your investment. To discover where to invest money to get good returns, compare brokerage fees and regular investment options.Avoid investing mistakes and become a successful investor by planning your strategy and sticking to it. The stock market is a powerful entity offering a pathway to wealth for anyone from any background. “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. 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9/4/2020 at 5:32 pm Save my name, email, and website in this browser for the next time I comment. TAGSApopka Burglary ReportApopka Police DepartmentBusiness Burglary ReportResidential Burglary ReportVehicle Burglary Report Previous articleScammers are selling lonely quarantiners imaginary dogsNext articleFlorida Dept of Health in Orange Co. urges Fight the Flu: Get your flu shot Denise Connell RELATED ARTICLESMORE FROM AUTHOR 8/31/2020 at 3:12 pm RESIDENCE The Anatomy of Fear 9/4/2020 at 5:53 pm 500 BLOCK STRATHCLYDE CT 9/4/2020 at 10:31 am 200 BLOCK S FOREST AVE VEHICLE Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 9/4/2020 at 11:36 am VEHICLE RESIDENCE 500 BLOCK STRATHCLYDE CT EVENT NO. DATE/TIME TYPE LOCATION VEHICLE 9/1/2020 at 12:01 pm VEHICLE Apopka Police Department Burglary Report: Week Ending September 5thThe Apopka Burglary Report for the week ending September 5th shows eight burglaries reported in Apopka.Chief Michael McKinley of the Apopka Police Department tells us that many vehicle burglaries could have been prevented if everyone remembers to do just two things:Remove all valuables from your vehicleLock your car doorsThe breakdown of the burglaries reported to the Apopka Police Department last week:0 – Business2 – Residential6 – VehicleHere is a list of the burglaries: 500 BLOCK HEBRIDES CT Please enter your comment! VEHICLE 500 BLOCK MT ARGYLL CT Please enter your name here 1600 BLOCK SPINFISHER DR 9/4/2020 at 7:53 am VEHICLE 200 BLOCK BONNIE GLEN LN Share on Facebook Tweet on Twitter LEAVE A REPLY Cancel reply 500 BLOCK HEBRIDES CT Support conservation and fish with NEW Florida specialty license plate 9/4/2020 at 4:09 pm You have entered an incorrect email address! Please enter your email address here
March 16, 2021 Find out more Receive email alerts Reporters Without Borders is very disturbed by the government’s illegal and arbitrary dismissal of four members of the state-owned broadcaster RTV Slovenija’s supervisory board. Appointed for four-year terms by the previous social-democratic government in January 2010, they were fired by the current conservative government last week.“Their dismissal is contrary to the letter and spirit of the law and constitutes unacceptable political interference in RTV’s operations,” Reporters Without Borders said. “If the government could dismiss the supervisory board’s members, they would be independent only in theory. Respect for public broadcasting’s institutions and independence are essential conditions for the rule of law. If the government does not reverse this decision, it will be accused of dealing a very dangerous blow to media freedom in Slovenia.”The four supervisory board members who were dismissed by Prime Minister Janez Janša’s conservative government on 26 July – Nataša Koprivšek, Marjan Sedmak, Aljoša Štampar and Matjaž Medved – were appointed by Borut Pahor’s social-democratic government on 21 January 2010 for four-year terms ending in 2014. Candidates have been invited to apply for the newly-vacant positions.The government appoints four of the supervisory board’s 11 members but there is no legal provision for their dismissal before their four-year terms are over. Their terms can only end prematurely if they resign or are unable to continue fulfilling their duties as a result of death, illness, imprisonment and so on.The government’s decision is line with a recommendation by the parliamentary committee for education, science, culture, sport and youth, which is dominated by the ruling coalition. The committee “rejected” the RTV supervisory board’s annual report in April and called for the replacement of the four members named by the previous government. In so doing, the committee exceeded its powers. According to law, it is supposed to take note of the report but not to issue recommendations or vote on it.In defence of their actions, the parliamentary committee and government accused the supervisory board of lacking authority and transparency. The board’s chair, Lenart Šetinc, described the accusations as “fabricated and unverified” and said the committee and government had acted in an “illegitimate and illegal” manner out of “purely political motives.”“It does not bode well for the rule of law when the government violates legislation,” Šetinc said. “One of the pillars of RTV’s independence is the article of the law that says that its staff and the members of its supervisory bodies cannot be arbitrarily dismissed by the government.”Concern about growing government influence over the media has been heightened by the announced creation of a new TV station in the next few months by Telekom Slovenije, a telecommunications company that is 72 per cent state-owned. TS is one of the country’s biggest companies and has a near monopoly of telecommunications and Internet access. Many journalists fear that the new TV station, to be called TSMedia, will be subservient to the government, which is at the same trying to exercise more and more control over RTV.According to Slovenian law, a telecommunications company cannot own a TV station. TS nonetheless expects to get the green light from the Postal and Electronic Communications Agency (APEK), and the future TV station has already bought the broadcasting rights for the next three seasons of the UEFA Champions League. Organisation News June 2, 2021 Find out more Follow the news on Slovenia Help by sharing this information Public media independence under threat in the Czech Republic and Slovenia SloveniaEurope – Central Asia to go further SloveniaEurope – Central Asia May 21, 2021 Find out more August 3, 2012 – Updated on January 20, 2016 Government pressure on public broadcasting News Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU RSF_en News Six press freedom NGOs ask the European Commission to respond publicly to Slovenian Prime Minister’s attacks on the media News
Top StoriesTechnical Defaults Under Companies Act To Be Decriminalized : Minister Of Corporate Affairs LIVELAW NEWS NETWORK16 May 2020 11:50 PMShare This – xNirmala Sitharaman, Union Minister of Corporate Affairs, on Sunday announced the plans to decriminalize various technical defaults under the Companies Act 2013.Violations involving minor and procedural defaults such as shortcomings in CSR reporting, inadequacies in board reports, filing defaults, delay in holding AGM etc will be decriminalized, said Nirmala Sitharaman, Finance Minister,…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginNirmala Sitharaman, Union Minister of Corporate Affairs, on Sunday announced the plans to decriminalize various technical defaults under the Companies Act 2013.Violations involving minor and procedural defaults such as shortcomings in CSR reporting, inadequacies in board reports, filing defaults, delay in holding AGM etc will be decriminalized, said Nirmala Sitharaman, Finance Minister, while announcing the last tranche of economic stimulus package on Sunday.Majority of the compoundable offences sections will be shifted to the “Internal Adjudication Mechanism”(IAM) and powers of RD for compounding will be enhanced. 58 Sections will be dealt with by the IAM in place of the earlier 18 sections.Seven compoundable offences will be altogether dropped and five will be dealt under the alternative framework. Lower penalties will be prescribed for small companies, one-person companies, start-ups and producer companies.The Minister said that this move will “de-clog” the criminal courts and the NCLT. Appropriate Ordinance for effecting these changes will be brought in, said the Minister.Ease of doing businessTo increase the ease of doing business, the Minister announced that companies will be allowed to directly list their securities in foreign jurisdictions. Private companies which list Non-Convertible Debentures on stock exchanges will not be regarded as listed companies. Steps will be taken for creating additional benches for NCLAT.The Finance Minister also announced major changes in the regime under the Insolvency and Bankruptcy Code.The Minister Nirmala Sitharaman announced that debts incurred due to COVID-19 lockdown will not be treated as “default” under the Insolvency and Bankruptcy Code 2016. There will be an embargo on fresh insolvency proceedings will be initiated for a period of one year. Minimum threshold to initiate insolvency proceedings will be raised to Rs 1 crore from the Rs 1 lakh. For MSMES, a special insolvency framework will be notified under Section 240A IBC, added the Finance Minister.Next Story