by Amicus Publico LLP | Aug 10, 2024 | Corporate & Commercial
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...
by Amicus Publico LLP | Aug 1, 2024 | Corporate & Commercial
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...
by Amicus Publico LLP | Jul 24, 2024 | Corporate & Commercial, Cyber Crime Law
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...
by Amicus Publico LLP | Jul 19, 2024 | Corporate & Commercial
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...
by Amicus Publico LLP | Apr 2, 2024 | Corporate & Commercial
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...
