Mondaq Asia Pacific: Insolvency/Bankruptcy/Re-structuring
Corrs Chambers Westgarth
The winding up application was not automatically stayed and an order was ultimately made to wind up the company.
Clyde & Co
The plaintiff, Mr Berryman, was a self-employed carpenter who suffered an injury at work on 7 July 2009 when a large rock crushed his foot.
Mayer Brown JSM
Did you know that a scheme of arrangement can be used to reduce the creditor constituency in a liquidation, so that time and costs can be saved for the benefit of all parties?
Mayer Brown JSM
The last two years have seen a number of foreign incorporated companies generating court decisions in Hong Kong that provide timely and important guidance in windings-up with cross-border issues.
Mayer Brown JSM
Did you know that when a liquidator makes a court application, it is important to identify the appropriate applicant, not only as a procedural matter, but also from a costs perspective?
Phoenix Legal
The NCLT was recently announced as the adjudicating authority for insolvency proceedings relating to companies, limited liability partnerships and other body corporates under the Insolvency and Bankruptcy Code 2016.
IC Legal
In the backdrop of Vijay Mallya episode and season of corporate defaults when public sector banks and financial institutions are helplessly chasing their dues in largely protracted legal battles...
Phoenix Legal
With increasing globalisation, there has been a surge in cross-border investment activity. In such a setting, issues of insolvency can have global ramifications.
Khaitan & Co
As a demonstration of India's combined political will, the much awaited and debated Insolvency and Bankruptcy Code, 2016 was passed by the Upper House of the Parliament on 11 May 2016 (shortly after being passed by the Lower House on 5 May 2016).
LexCounsel Law Offices
The Code envisages that the insolvency resolution processes will be conducted by insolvency professionals.
Trilegal
The Insolvency and Bankruptcy Code passed by the Parliament is a welcome overhaul of the existing framework dealing with insolvency of corporates, individuals, partnerships and other entities.
Phoenix Legal
The upper house of Parliament (the Rajya Sabha) passed the Insolvency and Bankruptcy Code 2016 on May 11 2016. The code was previously passed by the lower house of Parliament (the Lok Sabha) on May 5 2016.
Phoenix Legal
In 1989 Madras Petrochem Ltd was declared a 'sick unit' by the BIFR in accordance with the Sick Industrial Companies (Special Provisions) Act.
Phoenix Legal
The introduction of the Insolvency and Bankruptcy Code, 2015 (the Code) in the Lok Sabha by Finance Minister Arun Jaitley on December 21, 2015 was greeted by unanimous applause and a sigh of relief from all stakeholders.
Phoenix Legal
In Pegasus Assets Reconstruction P Ltd v M/s Haryana Concast Limited a division bench of the Supreme Court held that a company court cannot wield any control in respect of a sale of secured assets by a secured creditor.
Phoenix Legal
No single umbrella legislation governs insolvency and bankruptcy proceedings in India. Instead, there is a slew of legislation governing the legal framework, including:
Budidjaja & Associates
The New Insurance Law provides that the procedures and requirements relating to a creditor's application are to be governed through the OJK regulations.
ABNR Law
Registered vessels with a gross weight of 20 cubic metres or more and registered aircraft can also be secured by way of a mortgage.
GRATA Law Firm
The International Comparative Legal Guide : Corporate Recovery & Insolvency 2016, 10th edition. A practical cross-border insight into corporate recovery and insolvency work.
GRATA Law Firm
The Law sets out an exhaustive list of grounds when a company director may be held secondarily liable for liabilities of the company.
Latest Video
Most Popular Recent Articles
Trilegal
The Insolvency and Bankruptcy Code passed by the Parliament is a welcome overhaul of the existing framework dealing with insolvency of corporates, individuals, partnerships and other entities.
S.S. Rana & Co. Advocates
The constitution of the aforesaid Tribunals is in exercise of the powers conferred by Sections 408 and 410 respectively of the new Companies Act, 2013.
Corrs Chambers Westgarth
The Report comes as banking and finance industry reforms have been recently introduced or are subject to discussion.
LexCounsel Law Offices
The Code envisages that the insolvency resolution processes will be conducted by insolvency professionals.
Rajani Associates
The concept of Strategic Debt Restructuring ("SDR") has been introduced by the Reserve Bank of India in the SDR Scheme to help banks recover their loans by taking control of the distressed listed companies.
Phoenix Legal
With increasing globalisation, there has been a surge in cross-border investment activity. In such a setting, issues of insolvency can have global ramifications.
Kaden Boriss
The case expands possibilities for claimants to recover where an insolvent company has potentially applicable insurance.
LexCounsel Law Offices
The Ujwal Discom Assurance Yojana ("UDAY"), a scheme for the financial turnaround of power distribution companies ("Discoms"), was approved by the Cabinet on November 5, 2015...
Corrs Chambers Westgarth
The Court clarified the rights of a liquidator to disclaim "unprofitable contracts", finding the disclaimer a nullity.
Khaitan & Co
As a demonstration of India's combined political will, the much awaited and debated Insolvency and Bankruptcy Code, 2016 was passed by the Upper House of the Parliament on 11 May 2016 (shortly after being passed by the Lower House on 5 May 2016).
Article Search Using Filters
Related Topics
Mondaq Advice Centre (MACs)
Popular Authors
Popular Contributors
Up-coming Events Search
Tools
Font Size:
Translation
Channels
Mondaq on Twitter