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Insolvency petition based on admitted debt and default upheld; challenge for malicious initiation rejected, settlement may proceed under resolution fr...
Quashing of FIR and challenge to ECIR over alleged diversion of funds and preferential ESOP pricing dismissed after prima facie money-laundering findi...
Launches a pilot scheme 'FLOW' under the Export Promotion Mission to subsidise overseas logistics, warehousing, fulfilment and market-facing infrastructure to enhance MSME access to foreign markets. Assistance is limited to lease/rental, common facility and operational costs (excluding capital expenditure), available to Indian incorporated entities and specified bodies; support is time bound (up to three years) and subject to project approval, milestones, utilisation certificates and monitoring. Financial aid is offered at 30% of eligible costs with prescribed ceilings per intervention; approved projects must allocate at least 20% of annual merchandise volumes to Indian MSMEs. Governance, due diligence, sustainability and recovery measures are mandated; applications follow prescribed procedures.
Launches a pilot scheme 'FLOW' under the Export Promotion Mission to subsidise overseas logistics, warehousing, fulfilment and market-facing infrastructure to enhance MSME access to foreign markets. Assistance is limited to lease/rental, common facility and operational costs (excluding capital expenditure), available to Indian incorporated entities and specified bodies; support is time bound (up to three years) and subject to project approval, milestones, utilisation certificates and monitoring. Financial aid is offered at 30% of eligible costs with prescribed ceilings per intervention; approved projects must allocate at least 20% of annual merchandise volumes to Indian MSMEs. Governance, due diligence, sustainability and recovery measures are mandated; applications follow prescribed procedures.
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