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 promise at their end. One option that can be availed of […]

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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 plain white shirts, salwar-kameez, or sarees of any muted color, accompanied […]

Corporate and business lawyer

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 insolvency. It refers to a situation where a company is unable to meet its financial obligations. • Operational Challenges: […]

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