Gemini’s bankruptcy petition stands rejected before NCLT

The National Company Law Tribunal has dismissed an insolvency application filed by Gemini Innovations, raising doubts over the “unnatural” facts listed by the company in its filing

Provisions of IBC to be rechecked said Uday Kotak

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

Insolvency Resolution by Operational Creditor (Section 8)

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

Unhappy of Haryana RERA, Gurgaon buyers move High Court

The buyers in Gurugram are not happy with the Haryana RERA Authority as the result might not be in their favour. Buyers have filed a Writ Petition in Punjab & Haryana High Court as they want judicial remedies.

MahaRERA Chairman suggests to replace MOFA with some other Act

The acts will be in force, one way or the other they may source issue in the smooth working of each other. This probably one of the reasons for which MahaRERA Chairman has suggested to replace MOFA with some other act.