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What the Companies Act 2013 Really Means for Your Startup
Why the Companies Act 2013 Matters for Startups India's Companies Act, 2013 runs to 470+ sections....
Compounding of Offences under the Companies Act: Procedure, Penalties & Strategy
Introduction: When Companies Break the Law Running a company is complex — deadlines are missed,...
Section 12A: Recent Development In IBC, 2016
INTRODUCTION Many creditors, whether operational or financial, may file an application for initiation of the corporate insolvency resolution process before the adjudicating authority, which is NCLT. The Insolvency and Bankruptcy Code, 2016. Thus, it became of utmost...
First Indian Company To Undergo Cross Border Insolvency: Jet Airways
INTRODUCTION As a result of the National Company Law Appellate Tribunal's decision to establish a "Joint Corporate Insolvency Resolution Process" under the Insolvency and Bankruptcy Code (IBC), Jet Airways became the first Indian company to experience cross-border...
Status of Homebuyers as Financial Creditors
Introduction Taking money from the allottees of the real estate project is a common phenomenon. Further, this money is used by the developers for construction purposes. This is a true fact that sometimes developers take money from the allottees but do not fulfil the...
Concept of International Arbitration
ABSTRACT Usually disputes between the parties take too much time to settle. With loss of time the parties also suffer loss of finance occurred due to complex and long-stretched battle between the parties. Without a doubt it can be said that court proceedings are...
Cross Border Insolvency
INTRODUCTION It's very common to hear the news about companies, industries, or firms going bankrupt. The companies go bankrupt for various reasons, like poor decision-making, non-repayment of debt, increased competition, disputes with creditors or other members of the...
The Emergency of 1975: A Constitutional Crisis Remembered on June 25
The Significance of June 25 The government of India has declared 25th June as “Samvidhan Hatya Diwas” to recall the emergency imposed by then honourable prime minister Indira Gandhi unconstitutionally citing the reason of internal disturbance. It was a critical period...
Exemption of Black Coat/Gown In Summers
In response to the extreme summer heat, the Karnataka High Court, through a circular issued on April 16, has granted a temporary exemption to advocates appearing in district and trial courts from the requirement to wear black coats. Advocates are now permitted to wear...
The Story Behind Fake Rape Cases
We used the word "story" because there is always a victim's and accused's backstory attached to every rape case. Additionally, Section 376 of the Indian Penal Code, which punishes rape, carries a severe penalty in our nation. However, girls frequently take advantage...
The Impact of the Pandemic and Economic Downturn on Corporate Insolvency
The pandemic and economic downturn have affected companies initiating insolvency proceedings under the India Bankruptcy Code (IBC) in various ways: • Increase in Insolvency Cases: Companies are struggling to meet their financial obligations, leading to corporate...