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Phoenix Legal
The Supreme Court of India ("Supreme Court"), in a recent judgment in the matter of Maharashtra Seamless Steel Ltd. v. Padmanabhan Venkatesh & Ors...
HSA Advocates
Success of the Insolvency & Bankruptcy code hinges on timely resolution of stressed assets and a conducive ecosystem.
Singh & Associates
The Hon'ble National Company Law Appellate Tribunal in Flat Buyers Association Winter Hills-77, Gurgaon vs Umang Realtech Private Limited through IRP & Ors [CA(AT)(Insolvency) No. 926 of 2019] introduced the concept of ...
Dhir & Dhir Associates
As per Section 9 of Insolvency and Bankruptcy Code, 2016 ('IBC'/ 'the Code'), an operational creditor can file an application for initiation of the Corporate Insolvency Resolution Process ('CIRP').
LexCounsel Law Offices
The medium to long term financial effects of Coronavirus are yet to unfold, but the magnitude is already anticipated to be huge.
Singh & Associates
I &B Code 2016 allows a creditor of a Company under Section 7 and 9 of IBC and the Company itself under Section 10 of IBC to file an application before the NCLT to initiate CIRP against the Corporate Debtor in case of default, ...
Singh & Associates
Insolvency and Bankruptcy Code, 2016 was enacted with the objective of maximization of value of assets, to promote entrepreneurship, availability of credit and balance of interests of all stakeholders.
Singh & Associates
In the Corporate Insolvency Resolution Process initiated under the I&B Code 2016, the claim is an important factor to be decided in the Resolution Plan for the Corporate Debtor.
Singh & Associates
The word "Dispute" is significant for the maintainability of every application filed under Section 9 of the IB Code.
Singh & Associates
In the Union Budget 2020-21, amendment has been proposed to be made in Section 140 and Section 288 of Income Tax Act, 1961 in order to give power to the Interim Resolution Professional/Resolution Professional ...
Singh & Associates
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019 (Ordinance) had come into effect from 28th December 2019 after getting the assent from the Hon'ble President.
Singh & Associates
Further, the section also provides that if prosecution of a corporate debtor has been initiated during the resolution plan it will stand discharged.
Rajani Associates
The Insolvency and Bankruptcy Code ("IBC") had attracted interests of NPA-laden Indian Banks, entrepreneurs (Indian and International), and professionals like CAs CS and lawyers alike.
Obhan & Associates
The insolvency of Jaypee Infratech Limited (JIL)and the fate of its various stakeholders, including distressed home buyers, has occupied space on our screens for years on end now
King, Stubb & Kasiva
There are hundreds of cases that have been filed and closed under Insolvency and Bankruptcy Code, 2016 ("IBC") or are being battled out.
Rajani Associates
India has improved its ranking on the World Bank's "Ease of Doing Business" 2020 report. As per the report, India has moved up 14 positions to 63rd position as compared to 77th position in 2018
LexCounsel Law Offices
Proceedings under the Code are not for ascertaining or crystallizing the quantum of damages.
This update summarises some of these developments along with our expectations for the year 2020.
Vaish Associates Advocates
We are pleased to share with you a copy of our newsletter "Between the Lines", February 2020, a briefing on legal matters of current interest.
Singh & Associates
High Court can interfere under Article 226/227 of the Constitution against NCLT order, which lacks jurisdiction on a particular matter.
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