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Phoenix Legal
In a recent decision1 , the Supreme Court of India ("Supreme Court") reiterated that the burden to prove that a 'property' is a joint property of a Hindu Undivided Family...
Dhir & Dhir Associates
The Hon'ble Supreme Court of India recently in its judgment in the matter of Jaypee Infratech Limited (JIL) held that mortgagees of the Corporate Debtor are not financial creditors...
Dhaval Vussonji & Associates
To have a better understanding of this Article, this Article should be read in conjunction with our previous Article.
Dhaval Vussonji & Associates
The Supreme Court has examined the term "financial debt" and "financial creditor" in great detail to clarify the meaning and role of a financial creditor in an insolvency resolution process.
Dhaval Vussonji & Associates
NCLT initiated CIRP against JIL on 9th August 2017.
Khaitan & Co
NCLT, by its order of 16.05.2018 held six (6) transactions to be preferential, undervalued and fraudulent, and permitted their avoidance.
Argus Partners
Assignment of debt is one of the most common forms of transactions in financial markets. It essentially entails transfer of a debt from a creditor (assignor) to a third-party (assignee).
Cyril Amarchand Mangaldas
The Finance Act, 2019 (Amendment) proposes to make some significant amendments to the Indian Stamp Act, 1899 (Act).
S.S. Rana & Co. Advocates
The Indian banking sector is being faced by the challenges posed by the non-performing assets which are the loans or advances for which the payment remains outstanding.
Khaitan & Co
Recently in the case of Standard Chartered Bank v. Deputy Director, Directorate of Enforcement, the Appellate Tribunal, Prevention of Money Laundering Act, New Delhi has clarified the anomaly...
Dhaval Vussonji & Associates
In India, there are several types of Transfers of Immovable Property and which are covered by various statues.
NovoJuris Legal
The Ministry of Corporate Affairs vide its notification dated 7 May 2018 has notified following sections effective from 7 May 2018.
DNV & Co
In the first part, we discussed about the framework of raising ECB under Track I.
Khaitan & Co
The Maharashtra Real Estate Regulatory Authority has vide its circular dated 8 November 2017 bearing Reference No 11/2017 given a welcome clarification to the provisions of Section 15 of The Real Estate (Regulation and Development) Act, 2016.
LexCounsel Law Offices
Security interests over movable property can be created by way of mortgage, pledge, hypothecation, lien and charge.
Clyde & Co
Online lending transactions are in their nascent stage in India and given the increase in peer to peer lending through e-commerce marketplace it is of extreme importance to regulate e-lending transactions.
Tuli & Co
The last few years have seen increasing volumes of business for start-up ventures, proprietorships and small business concerns with entrepreneurs looking to infuse more capital into their businesses...
Clyde & Co
The Reserve Bank of India ("RBI"), has issued notification dated August 03, 2017, pursuant to which it has decided that it will continue not to issue letter of credits ("LC") on behalf of government...
SNG & Partners
The Board of Directors should pass a resolution for borrowing and to mortgage the property.
Singh & Associates
Redemption is the act of buying back the property after tendering the amount due to the creditor.
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