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By Sachin Gupta
The Insolvency and Bankruptcy Code, 2016 (IBC), implements a "creditor-in-possession" regime that vests decision making powers of the insolvent company with a "committee of creditors" (CoC) ...
By Jayashree Shukla Dasgupta, Swati Sharma
The right to travel abroad has been recognised as an integral right of every Indian citizen. It would not be out of place to mention that it has in fact been recognised as a fundamental right under Article 21 of the Constitution of India.
By Sachin Gupta, Karan Kanwal
The object of introducing Section 138 in the Negotiable Instruments Act, 1881 (hereinafter referred to as "NI Act") is to enhance the acceptability of cheques in the settlement of liabilities.
By Namrta Sudan Rai
The lack of transparency and inefficiency in the real estate sector has created a demand for the proper vigilance mechanism. To address this concern, the Government of India brought a change...
By Kunal Godhwani
The moratorium in terms of Insolvency and Bankruptcy Code, 2016 (‘IBC') means a period wherein no judicial proceedings for recovery, enforcement of security interest, sale or transfer of assets, or termination of essential contracts can be instituted or continued against the Corporate Debtor.
By Alok Dhir
Moratorium under section 14 of the Insolvency and Bankruptcy Code, 2016 (IBC), means a period when no judicial proceedings for recovery...
By Ashu Kansal
In 2016, the Government enacted the Insolvency & Bankruptcy Code, 2016 (IBC), which came as a rescue for the snail-paced debt recovery regime and provided a consolidated legal framework...
By Dhir & Dhir Associates
G.S.R (E).─ In exercise of the powers conferred by section 247 read with sections 458, 459 and 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules.
By Alok Dhir
The Insolvency and Bankruptcy Code, 2016 (IBC), is a watershed in the history of India's banking credit culture.
By KPS Kohli, Raghav Soni
The recently introduced legal, regulatory and policy changes that have been introduced in the Indian BFSI sector have not only geared up the pace at which the sector is operating but has also created...
By Sachin Gupta, Ashu Kansal
The 9th of August, 2017 came as a nightmare to innumerable homebuyers as the National Company Law Tribunal (‘NCLT') admitted insolvency proceedings against one of India's biggest real estate developers, Jaypee Infratech Ltd. on a petition filed by IDBI Bank.
By Dhir & Dhir Associates
The Department of Industrial Policy and Promotion (DIPP) has notified India's Consolidated Foreign Direct Investment Policy 2017 ("FDI Policy 2017"), effective from August 28, 2017.
By Varsha Banerjee
The transition from a fragmented legal system to a unified Insolvency and Bankruptcy Code 2016 (IBC) is marked by challenges to implement it effectively and expeditiously.
By Namrta Sudan Rai
With the new governance ambience in the country, there have been a plethora of legal and regulatory amendments in order to keep up with the pace at which India is being pegged in terms of growth...
By KPS Kohli
With the promulgation of the Insolvency and Bankruptcy Code, 2016 ("IBC"), India gains a comprehensive legislation which deals with insolvency and bankruptcy of companies, "LLPs", individuals and partnership firms.