The powers of the management of controlling the assets of the Corporate Debtor or Company is transferred to the Resolution Professional or the liquidator as the case may be.
Insolvency Code has motivated a lot of lenders to suo moto move the court against their borrowers and recover their bad debts without showing any further leniency.
Reliance Communications and its subsidiaries filed pleas in the appellate tribunal to set aside the NCLT’s decision to start insolvency proceedings.
The Government needs to re-look certain provisions of the Insolvency and Bankruptcy Code (IBC) as a situation might emerge where there is only one buyer for a stressed asset
An operational creditor as defined under s 5(20) of the Insolvency and Bankruptcy Code as a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred
Haryana RERA has notified revised RERA regulations and revised form REP -1 for project registration for Haryana which differ from the original form and requirement. Here is the summary
The consumer protection bill, 2018 has been drafted keeping all these changes that require action in this global age of commerce.
A detailed article where you will know every thing about an arbitration clause and how it can impact the Builder-Buyer agreement.
This report is issued by the trademark office intimating similar or conflicting marks and grounds for refusal. The applicant is required to respond to the report in the stated time.
This article is going to shed some light on the list of the frauds by the builders. These frauds have become the front pages’ news and buyers are now in fear that what if they face the same issue.