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Corporate Law : Patna HC denied bail to an alleged solver gang leader in the NEET UG 2024 paper leak case, citing a deep-rooted conspiracy that co...
Corporate Law : A detailed analysis of the Supreme Court's verdict on the Tata Sons vs. Cyrus Mistry case, covering corporate governance, minority...
Corporate Law : Delhi HC rules that harbouring terrorists under UAPA endangers national security, legitimizes terrorism, and carries penalties up ...
Corporate Law : Calls for a High Court Bench in West UP remain ignored. SC urged to intervene in judicial disparities affecting millions. Know the...
Corporate Law : Understand the key differences between an Agreement to Sell and a Sale Deed, their legal implications, and why registration is cru...
Corporate Law : The Competition Commission of India seeks public feedback on the draft Cost of Production Regulations 2025, replacing the 2009 rul...
Corporate Law : CBI dismantles a virtual asset-backed cybercrime network defrauding German nationals, arresting key accused and recovering digital...
Corporate Law : Key IBC case law updates from Oct-Dec 2024, covering Supreme Court and High Court decisions on CoC powers, resolution plans, relat...
Corporate Law : The Government clarified that no cooperative sector companies in Maharashtra are declared corrupt under IBC, 2016, and Barshi Text...
Corporate Law : CCI's directive restricting WhatsApp data sharing for ads faces an interim stay by NCLAT. Government awaits legal resolution on da...
Corporate Law : Supreme Court clarified procedures for summons, warrants, and bail under the Prevention of Money Laundering Act (PMLA), emphasizin...
Corporate Law : NCLAT Delhi held that by approval of the Resolution Plan, all dues and claims of pre-CIRP stand extinguished. Thus, appellant is n...
Corporate Law : Kerala High Court held that levy of cess on the cinema tickets under section 3C of the Kerala Local Authorities Entertainment Tax ...
Corporate Law : Calcutta High Court quashes rejection of appeal due to delay, orders appellate authority to reconsider the delay condonation and a...
Corporate Law : NCLAT Delhi held that invocation of guarantee subsequent to initiation of CIRP cannot be the base for any claim to be admitted in ...
Corporate Law : Instruction No. 118 mandates weekly Jan-Sunwai sessions via VC for SEZ grievance redressal, ensuring timely resolutions and monthl...
Corporate Law : The government revises wheat stock limits for traders, retailers, and processors until March 31, 2025, to ensure price stability a...
Corporate Law : India approves Credit Guarantee Scheme for e-NWR loans to boost agri-finance. Scheme valid till 2030-31, covering default risks fo...
Corporate Law : FSSAI drafts amendments to labelling rules, emphasizing RDA visibility, milk product logos, and coffee-chicory mix declarations. P...
Corporate Law : IRDAI penalizes UIB Insurance Brokers ₹1 crore for delayed premium remittances. The company must review pending transactions and...
This article looks at the big picture on the quality of the Insolvency Process, that the Code has set rolling, in terms of the quality of results. The initial setbacks did not result in the authorities attempting quick fix solutions to the bane of Indian economy, the unscrupulous promoters who have used every reform to their benefit, facilitated by some professional elements who flourish only on the basis of their skills to give a legal cover to the self promoting activities of the promoters.
The Insolvency and Bankruptcy Code was promulgated in late 2016, with Resolution being the soul of the Code. There are many pillars of the Code, but when it comes to implementation, the main pillar is time bound execution, which we look at in this part.
Arbitration And Conciliation (Amendment) Bill, 2018 is introduced in Lok Sabha on 18th July 2018 to amend the Arbitration and Conciliation Act, 1996 to minimise the need to approach the Courts for appointment of arbitrators with a view to make India a hub of institutional arbitration for both domestic and international arbitration.
Non-banking entities are allowed to raise deposits from the public under the provisions of various statutes enacted by the Central Government and the State Governments. However, the regulatory framework for deposit taking activity in the country is not seamless.
Lok Sabha passes Negotiable Instrument (Amendment) Bill, 2018 a bill further to amend the Negotiable Instruments Act, 1881 by which it has proposed to insert section 143A -Power to direct interim compensation and Section 148-Power of Appellate Court to order payment pending appeal against conviction. Bill No. 281-C of 2017 THE NEGOTIABLE INSTRUMENTS (AMENDMENT) BILL, […]
The Financial Creditors have realized claims of approximately Rs. 47,426.75 crore in 26 cases where resolution plans are submitted under the IBC framework since its enactment.
Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018 was introduced in Lok Sabha to to repeal and replace the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 Notes on Clauses of Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018 Clause 1 of the Bill provides for the short title and commencement. Clause 2 of the Bill […]
Criminal Law (Amendment) Bill, 2018 was introduced in Lok Sabha to further amend the Indian Penal Code, Indian Evidence Act, 1872, the Code of Criminal Procedure, 1973 and the Protection of Children from Sexual Offences Act, 2012.
The Micro, Small and Medium Enterprises Development Act, 2006 (the said Act) was enacted to provide for facilitating the promotion and development and enhancing the competitiveness of micro, small and medium enterprises.
In order to protect the sanctity of the CIRP, the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 lays down a strict procedure if an applicant wants to withdraw a case after its admission under IBC 2016. Henceforth, such withdrawal would be permissible only with the approval of the Committee of Creditors with 90 percent of the voting share.
