The fast-track CIRP is designed to expedite the insolvency process for smaller companies and enable their efficient restructuring or liquidation.
Category: Grievance Redressal
Deciphering the Enigma of Interim Moratorium under IBC
Insolvency and Bankruptcy Code, 2016 brings in the concept of Interim Moratorium, which offers protection to individuals during the insolvency process.
Recovery of due amount under the MSMED, 2006
How a unit registered under MSME can recover the money as per the provisions of the Act? What are the liabilities of the buyer to make a payment towards the MSME registered unit?
Biotechnology Regulatory Bill, 2013: A Boon or A Bane?
The Biotechnology Regulatory Authority of India is established by the Bill as an autonomous body to oversee the control of biotech organisms and goods.
The attachment of assets by the ED under the PMLA Act is not permissible once a company has entered insolvency
Asset attachment by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA) is critical in combating money laundering and criminal activities.
Can an employee be compelled to work against his wishes?
Forcing an employee to work against his will is neither ethical nor legal. In some cases, an employee is made to do work for long hours without adequate compensation or breaks such actions may even be considered harassment or discrimination.
BAIL FOR APPREHENSION OF ARREST
In accordance with Section 438 of the Criminal Procedure Code, bail must be provided before an arrest can be made. A person may apply for bail before the session’s court of the High Court if they anticipate being detained for an offense for which there is no possibility of bail.
AN OVERVIEW OF COMMERCIAL COURTS
Commercial Law Act, 2016, came into force on 23.10.2015. Wherein the Act had limited the specific value of the suit to not less than Rupees One crore and the commercial courts were established at all the District levels.
Legal Remedies For Cheque Bounce
Cheque bounce is a criminal offence stipulated under Section 138 of the Negotiable Instruments Act, 1881. The aggrieved party can file a criminal as well as a civil case against the accused who must have had a legal obligation to repay the amount.
Important compliances for private limited company
It is often said that one major disadvantage of a company structure is that there are more compliances. The cost of non-compliance is always more than the cost of compliance.
Non-Bailable Warrant under section 138 in Negotiable Instrument Act, 1881
The legal authority to issue a non-bailable warrant if it is required to assure or force the appearance of the accused in a cheque bounce case under Section 138 of the Negotiable Instruments Act, 1881.
Crypto Assets and Insolvency
the legal status of cryptocurrencies in India is still unclear, and the lack of clear regulation creates uncertainty for investors and businesses operating in the industry.
A judiciary-Executive Tussle over Judicial Appointments
The conflict between the Executive and the Judiciary regarding judicial appointment is not new. Its most visible manifestation was when Prime Minister Indira Gandhi appointed Justice A.N. Ray as the Chief Justice in 1975 out of turn, as a “reward” for his pro-government stance in the Kesavananda Bharti Case. This led to much public outcry, on the grounds of violation of judicial independence.
Judges & Social Media: Managing the Risks
Criminal Procedure Jurisprudence explains the evidentiary value that social media posts carry. Certainly, there are advantages and good policy reasons for accessing social media evidence used in criminal proceedings.
The Secretary, Ministry of Defense vs. Babita Puniya & Ors. SCC, 17 Feburary 2020
A quest for equality of opportunity for women seeking Permanent Commissions in the Indian Army forms the rationale of the instant case.