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Fair & Just Legal Solutions LLP
The NCLT, Mumbai, accepted the application of Nisus and passed the order for commencement of insolvency resolution process.
VGC Law Firm
It is apparent from the ongoing practice that IRPs consider the date of receipt of order as the date of the appointment.
Singh & Associates
Section 21(6A)(b) of the I&B Code 2016 read with Regulation 16A of I&B (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 provides for the mechanism w.r.t representation of class of financial creditors ...
Singh & Associates
The NCLAT, while allowing the appeal, observed that the amended Resolution Plan was in consonant with the section 30(2) of the Code, 2016.
Singh & Associates
The Reliance Communication-Ericsson legal battle, which led the Anil Ambani controlled company to the insolvency court, has been a watershed moment not just for reflecting the state of the telecom sector, ...
Singh & Associates
The Ministry of Corporate Affairs, Government of India have released the draft with respect to provisions to be introduced as Chapter for Cross Border Insolvency under the present Insolvency and Bankruptcy Code 2016.
Singh & Associates
Under the I&B Code, an Insolvency Professional (hereinafter referred as 'IP' or 'IRP') plays a vital role during Corporate Insolvency Resolution Process (CIRP).
Singh & Associates
In June 2018, came an amendment in the Insolvency and Bankruptcy Code, 2016 ("the Code") which have introduced many new changes in the Code.
Singhania & Partners LLP, Solicitors and Advocates
In the Insolvency Resolution Process for Corporate Persons, an issue is generally discussed as to the status of statutory dues payable by the Corporate Person – whether the same will qualify...
Khaitan & Co
The IBBI notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 ...
Dhaval Vussonji & Associates
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, which came into force on 6th June, 2018 provides for various amendments to the Insolvency and Bankruptcy Code, 2016.
Tuli & Co
The Financial Resolution and Deposit Insurance Bill 2017 (Bill), which was tabled in the Parliament in August 2017 as a result of India's G-20 commitment, had attracted some criticism following concerns over its controversial ‘Bail-in' provision which allowed for the use of public deposits for restructuring of a failing financial institution's liabilities.
Vaish Associates Advocates
A division bench of the Delhi High Court in the matter of Ruchika Singh Chhabra v. M/s. Air France India and Another (decided on May 30, 2018) made certain stern observations in an alleged sexual harassment case.
Cross border insolvency had no clear legal framework in India and The Ministry of Corporate Affairs, on June 20, 2018 issued a public notice inviting comments and suggestions on...
Singh & Associates
The Insolvency and Bankruptcy Code, 2016 nearly after two years of its operation has undergone some significant amendments by way of the Insolvency and Bankruptcy Code (Amendment) Ordinance 2018.
Our Insolvency and Restructuring Advice Centre Experts:
Recent Added Documents from our Experts
Dhir & Dhir Associates
While the case for employees may be rooted in social welfare, liquidation as a going concern of a financially troubled entity also makes sound business sense.
Dhir & Dhir Associates
The pros and cons, present need and future utility of such a process are briefly assessed below.
Dhir & Dhir Associates
The present legal framework in India to deal with the Insolvency and Bankruptcy situation is legislated in the provisions of the Insolvency and Bankruptcy Code, 2016 ...
Dhir & Dhir Associates
The M&C Rules are unique in many ways from the existing provisions for mediation and conciliation in India.
Dhir & Dhir Associates
The efforts of Goolrukh Gupta, a Parsi woman who married outside her community, to be allowed entry into the ‘Fire Temple' and ‘Tower of Silence', to attend the last rites of her parents has brought into focus...
Dhir & Dhir Associates
On 9th March, 2018, Supreme Court of India, in the matter Kerala State Electricity Board and Anr. Vs. Kurien E. Kathilal and Anr. (MANU/SC/0231/2018) ...
Dhir & Dhir Associates
On 6th March, 2018, the NCLAT, in the matter SBI VS SKC Retails Ltd. through IRP & anr., held that the Applicant is liable to incur the expenses of resolution professional as per sub-regulation...
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