Corporate Law articles

Power of NCLT to accept or reject joint application filed by operational creditor

Power is given to Operational Creditor’s u/s 8 and 9 to file application against the corporate debtor in case of default in payment. As per language of Section 8 An operational creditor may, on the occurrence of a default, deliver a demand notice of unpaid operational debtor copy of an invoice demanding payment of the amount involved in...

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Posted Under: Corporate Law |

Whether Pendency of proceeding before DRT is Ground of Rejection under IBC

With the Insolvency and Bankruptcy Code inching in reality, the Debt Recovery Tribunals (DRT) will resolve individual bankruptcy cases, the National Company Law Tribunal will work on corporate insolvency. The reasons for the pile-up of cases varied from legal lacunae to insufficient technical expertise in dealing with such cases. Labour a...

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Posted Under: Corporate Law |

The indomitable visionary Narendra Modiji- An epitome of a great leader: (A BIRTHDAY TRIBUTE)

What makes people react so spontaneously to whatever that this one and the only man does? No political leader worth the name in the entire nation draws so much attention than the controversial and mercurial personality called Narendra Modi. ...

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Posted Under: Corporate Law |

Cabinet Reshuffle: New Faces, New Challenges, New Frontiers

Prime Minister Narendra Modi has completed his cabinet reshuffle. Among the inspiring rejuvenations were Nirmala Sitharaman taking over as the first woman to be a full-time Defence Minister and Olympics Silver Medalist shooter Rajyavardhan Singh Rathore’s accession as the Sports Minister (Independent charge). ...

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Posted Under: Corporate Law |

Aadhaar Card: Everything You need to know about Online Registration

From filing your taxes to opening a bank account to making an investment, Aadhaar today has become an integral part of our financial lives. For those who have not applied for an Aadhaar Card yet, it is advisable to do so immediately, especially since the completion of the entire process may take 15 days to 3 months. ...

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Posted Under: Corporate Law |

Combating Corruption

India’s fight against corruption is led by a robust and time tested institutional and legislative framework including the Prevention of Corruption Act, an independent Central Vigilance Commission, the Comptroller and Auditor General, the Judges (Inquiry) Act, the Lok Pal and Lok Ayukta Act 2013, Whistle Blowers Protection Act 2011, Prev...

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Posted Under: Corporate Law |

Restraint of Trade and its Exceptions

Part XIII of the Constitution of India contains provisions relating to the freedom of trade, commerce and intercourse within the territory of India. The provisions are laid down in articles 301-307. Just as the Legislature cannot take away individual freedom of trade, wise versa the individual cannot barter it away by agreement....

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Posted Under: Corporate Law |

Acquiring Arms License in Delhi- A Short and brief article on Process

It may be happened with you that somebody threatened you over street, in market or some other places to get something from you it may be money, things you are carrying or anything else and you were wondering to have something in your pocket to save yourself....

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Posted Under: Corporate Law |

Hundreds of LLPs may be vanishing soon

After issuing of show cause notices[1] (SCNs) for striking of names of more than 3 lakh non-operating companies, the Registrar has now taken the same action for LLPs. It seems that government has decided to heavily come down on existence of non-operative Limited Liability Partnerships (‘LLPs’) or say fake firms which are causing signi...

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Posted Under: Corporate Law |

Compliances under RERA, 2016

Real Estate under RERA Regime. After 4 months of implementation of RERA, Builders and Developers are in dilemma of legal compliances relating to RERA. THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016 has altered the Real Estate Business altogether and it is a big challenge for professional to help their client with the same. In [&he...

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Posted Under: Corporate Law |
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