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A&P Partners
The Government has announced relief for Daily wage workers and construction workers for an amount of Rs.1000 per person for all States and Union Territories.
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...
Chandhiok & Mahajan
COVID – 19 has brought the world to a halt, prompting governments around the world to take strict measures for its containment. India has also announced a 21-day lockdown, starting 25 March 2020.
S.S. Rana & Co. Advocates
Provided that the Central Government may, by notification, specify the minimum amount of default of higher value which shall not be more than one crore rupees."
HSA Advocates
Success of the Insolvency & Bankruptcy code hinges on timely resolution of stressed assets and a conducive ecosystem.
Nexdigm Private Limited
The outbreak of COVID-19 across the globe has been unprecedented, with major economies announcing bailout packages, regulatory relaxations amidst lockdowns.
Dhaval Vussonji & Associates
The purview of this article is the impact of addition of United Arab Emirates to the notification dated 17th January 2020 G.S.R 38 (E) issued by Ministry of Law and Justice.
Argus Partners
The Novel Coronavirus (COVID-19) has been declared a pandemic by the World Health Organization and has affected numerous countries, including India.
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.
Singh & Associates
Winding up of a company means closing of the company by realising its assets, paying off creditors' dues and distribution of the remaining assets to the Shareholders through a Liquidator as per the procedure.
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.
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