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General Motors has received US Bankruptcy Court approval of $33.3 billion in debtor-in-possession financing from the US Treasury, and the Canadian and Ontario governments. The court previously authorized General Motors (GM) to use up to $15 billion of the facility on an interim basis and now the court has entered an order approving the full facility on a final basis.

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China Approves Stock Index Futures Trading

Invoice factoring can be very helpful for your customers, and it may be an idea you should pitch to them. Learn why ‪Invoice factoring‬ will attract customers to your business. Check out these 4 reasons why Invoice factoring will win approval in our latest blog.

Invoice factoring can be very helpful for your customers, and it may be an idea you should pitch to them. Learn why ‪Invoice factoring‬ will attract customers to your business. Check out these 4 reasons why Invoice factoring will win approval in our latest blog.

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The Companies Amendment Act, 2017 ("Amendment Act") was executed with the sole determination to resolve the challenges arising upon the implementation of the Companies Act 2013.. The primary basis for the Amendment Act 2013, is the report of the Company Law Committee(CLC). The Ministry of Corporate Affairs ("MCA") had established the Company Law Committee with the approval to: (a) Pass instructions on the challenges arising from the enactment of the Companies Act 2013. (b) Review the approvals received from the Bankruptcy Law Reforms Committee, the Law Commission of India, and other agencies, the High-Level Committee on Corporate Social Responsibility. In the beginning, The Ministry of Corporate Affairs (MCA) had disclosed 43 sections of the Amendment Act compatible to its notification dated 9 February, 2018. It also briefed 28 additional sections on 7 May, 2018. As a practice, the modifications released (dated 7 May, 2018) have provided improved transparency on the clarification of the various provisions of the Companies Act. Additionally, the MCA insists to ease the procedural requirements under the Companies Act, including the fines imposed in the event of failure to comply. Additional provisions notified. Modifications to the following main provisions were announced on the 7 May 2018:

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The US Food and Drug Administration (FDA) has now approved the use of Omalizumab, commercially known as Xolair, for the treatment of chronic hives

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