IntroductionOn 15 June 2017 ICC (Paris) released a document, numbered 470/1272, titled Decision of the ICC in respect of a revision of UCP 600 following a comprehensive consultation. The ICC Executive Committee essentially said: “In line with the majority recommendation of National Committees, it is not considered, at this stage, to be appropriate to undertake … Continue reading MY WISH LIST FOR THE NEXT UCP
Articles
If you have heard about the ISBP, raise your hand
While going about one’s day to day business, one often stumbles upon the truth. But one then picks oneself up, pretends that nothing has happened, and moves on. For some, ignorance is bliss, and knowledge is not for sharing. If to no one else, these laments of mine could surely apply to some of the … Continue reading If you have heard about the ISBP, raise your hand
THE EMPIRE STRIKES BACK
[This is another blast from the past (1996), when I was wearing another hat as the President of a finance company in Bombay. Nowadays I simply watch from the galleries the market and the smart Johnnies making the same mistakes over and over again. My core interest over the last two decade is on what … Continue reading THE EMPIRE STRIKES BACK
QUO VADIS, NBFC?[1]
(It is a re-print of an old article of 1996 on the beginning of the end of NBFCs) Year end is the time for introspection, to take stock and to do crystal gazing. To look at the latest balance sheet, arrive at the losses and the gains, and rework one’s strategy for the future. It’s … Continue reading QUO VADIS, NBFC?[1]
If you have heard about the ISBP, raise your hand
While going about one’s day to day business, one often stumbles upon the truth. But one then picks oneself up, pretends that nothing has happened, and moves on. For some, ignorance is bliss, and knowledge is not for sharing. If to no one else, these laments of mine could surely apply to some of the … Continue reading If you have heard about the ISBP, raise your hand
