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By Apoorv Sarvaria
The default referred to herein above is in respect of a financial debt owed to any financial creditor.
By Manas Shukla, Shah Usman
The account of the corporate debtor was declared as Non-Performing Asset on 31.12.2013.
By Yashika Sarvaria
The analysis given by the NCLAT is reflective of the intention of the legislature while framing the Insolvency and Bankruptcy Code.
By Yashika Sarvaria
The Punjab State Water Supply & Sewerage Board, Bhatinda had issued notice inviting tender for extension and augmentation of water supply, sewerage scheme, pumping station and sewerage treatment plant for various towns...
By Apoorv Sarvaria
Recently, while dealing with an anticipatory bail application filed under Section 438 of the Code of Criminal Procedure, the Kerala High Court has, in Joy V.S v. State of Kerala B.A No. 8741 of 2018 (decided on March 5, 2019) ...
By Shah Usman
The DRT admitted the said applications and passed a decree in favor of the bank.
By Apoorv Sarvaria
The respondent approached the appellate court and the appellate court, though confirming the conviction and compensation amount, reduced the imprisonment from one year to six months.
By Apoorv Sarvaria
Aggrieved by the aforesaid order, an appeal was filed before the Supreme Court.
By Yashika Sarvaria
Thus, the Supreme Court did not explicitly strike down Regulation 30A, but construed it be directory in terms of the facts of each case.
By Apoorv Sarvaria
There have been some changes in the civil dispute resolution practice area through the Specific Relief (Amendment) Act, 2018 which has made some important amendments to the Specific Relief Act, 1963.
By Yashika Sarvaria
In order to prevent unscrupulous promoters from buying back the corporate debtor at low discounted prices, Section 29A was incorporated in the Insolvency and Bankruptcy Code with retrospective effect ...
By Yashika Sarvaria
The same have been briefly discussed in the present article.
By RP Vats
It is apparent from the ongoing practice that IRPs consider the date of receipt of order as the date of the appointment.
By Yashika Sarvaria
The Insolvency and Bankruptcy Code, 2016 in its Section 12 provides that the corporate insolvency resolution process shall be completed within a period of 180 days from the date of admission of the application to initiate such process.
By Shah Usman, Manas Shukla
Globalisation, increase in trade, emergence of new modes of dealings and supplies and e-commerce have created new options and opportunities for consumers.