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INDIAN GOVT WORKING ON LAW FOR EASY START, EXIT OF BUSINESS.
NEW DELHI, Dec 3 Asia Pulse - The government is in the process of putting in place a framework that facilitates an efficient regime for corporate rehabilitation and liquidation, Corporate Affairs Minister Prem Chand Gupta said.
"The new Company Law being framed by the government will provide a framework that would allow efficient turnaround as well as quick liquidation process that would help realise the best value for stakeholders and the lenders," Gupta said.
There is need for an effective system and framework for restructuring, rehabilitation or winding up of companies, Gupta said at the inauguration of a training programme on Insolvency and Restructuring organised by the Institute of Company Secretaries of India and INSOL International here.
"When a company is passing through a phase wherein it is unable to utilise its assets efficiently or manage its operations properly, it becomes necessary that remedial measures be initiated to stem the tide. This becomes all the ...
- Govt working on law for easy start, exit of business: Gupta.
- News wire article from: PTI - The Press Trust of India Ltd. December 1, 2007 700+ words
...stakeholders and the lenders," Gupta said. There is need for an...winding up of companies, Gupta said at the inauguration of...Company Secretaries of India and INSOL International here. "When a company is...assets are lying unused," Gupta said. India does not have...
- GUPTA PREVIEWS COMPLETE COMPONENT-BASED DEVELOPMENT AND DEPLOYMENT SUITE FOR...
- Press release article from: PR Newswire August 24, 1995 700+ words
...Wash., Aug. 24 /PRNewswire/ -- Gupta Corporation (Nasdaq: GPTA) today announced...the next 90 days. "Microsoft Corp. and Gupta have continued to leverage our strong relationship...application development," said Umang Gupta, chairman and CEO of Gupta Corporation...
- Gupta's candidates certain to win InfoUSA board seats.
- Newspaper article from: Omaha World-Herald (Omaha, NE) June 6, 2007 700+ words
Byline: Virgil Larson Jun. 6--Vin Gupta's candidates for his company's board...couple of percentage points of throwing Gupta himself off the InfoUSA board last year...annual meeting, Netter again attacked Gupta over his announced attempt two years ago...
- GUPTA ANNOUNCES AVAILABILITY OF SQLWINDOWS FOR MICROSOFT SQL SERVER 6.0
- Press release article from: PR Newswire August 7, 1995 700+ words
...and Windows NT(TM) environments, Gupta Corporation (Nasdaq: GPTA) today announced...being taken. The product integrates both Gupta's leading development product SQLWindows...indicative of the strong relationship between Gupta and Microsoft," said Umang Gupta, chairman...
- Gupta Technologies Focuses on Large Customer Base and Reinvests in Core...
- Press release article from: Business Wire November 12, 2001 700+ words
...BUSINESS WIRE)--Nov. 12, 2001 Gupta Technologies, LLC (www.guptaworldwide...development tools, and to its loyal customers. Gupta Technologies will focus on the RDBMS market...role in pioneering relational databases. Gupta's new direction embraces the anticipated...
- Gupta Corp. names Sam Inman president and chief operating officer; re-organizes...
- Press release article from: Business Wire April 11, 1995 700+ words
...it prepares for its next growth phase, Gupta Corporation today announced it has named...stint at IBM. In his new capacity at Gupta Corporation, Inman will share management of the company with Umang Gupta, co-founder, chairman and chief executive...
- Gupta targets upsizers with client server starter suite; Opens the door to...
- Press release article from: Business Wire January 31, 1995 700+ words
...Focusing squarely on the upsizer community, Gupta Corporation (NASDAQ:GPTA) Tuesday introduced...release of SQLWindows 5 (5.0.1), Gupta today announced the SQLWindows Client...SQLWindows. As part of the Starter Suite, Gupta for the first time will be offering an...
- GUPTA INTRODUCES SQLHOST FOR VISUAL BASIC
- Press release article from: PR Newswire November 7, 1995 700+ words
...powerful client/server business solutions, Gupta Corporation (Nasdaq: GPTA) today announced...R) for Visual Basic(R). SQLHost, Gupta's high-performance connectivity middleware...worldwide since 1990. The newest member of Gupta's SQLHost product family, SQLHost for...