The issues that are adversely affecting the efficiency and effectiveness of the resolution process and for increasing the possibility of resolution, value of resolution plan, and ending timely resolution.
Category: Legal Advisory
Taxation of Virtual Digital Assets
The Hon’ble Finance Minister stated that the scale and frequency of transactions in the VDA market made it necessary to legislate for a special tax structure.
The best time to file a case under RERA is NOW
RERA was implemented to acknowledge and solve discrepancies and issues of home buyers. By establishing rules for the sale of real estate and requiring developers to adhere to certain criteria, it protects the interests of homebuyers.
Corporate Social Responsibility and its Insolvency
In the past few decades, business leaders as well as philosophers came up with a new phenomenon which is Corporate Social Responsibility (CSR). Under CSR Businesses are responsible to the society that exists around them. And under CSR only it becomes their moral duty to safeguard that society and help that society to grow.
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?
Unveiling The Dark Side of Subvention Scheme
Subvention schemes, brings to light incidents of harassment, and analyses how fraud continues to exist in the market despite regulatory interventions such as the NHB decision to end subvention schemes.
Maternity Leave- A Fundamental Human Right
the Hon’ble Supreme Court of India held that provisions of the Maternity Benefit Act, 1961 even applied to women who work on a casual basis, or on a muster roll basis daily wage and not only for those who work on a regular basis.
The Authority Of The Nclt To Review Itself
The reviewing court can reverse the original decision or amend it as needed. With the passing of time, the judiciary has been paving the way for clearing the doubt regarding the power to review and recall.
Cheque bounce cases against non-residents of India (NRIs) and exemption from personal experience.
The offence of cheque bounce is punishable u/s 138 with a fine which can extend to twice the cheque amount or imprisonment for a term not exceeding 2 years.
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.
The Moral Doctrine of Active and Passive Euthanasia
In India, the legal framework surrounding euthanasia seeks to strike a balance between individual autonomy and stringent safeguards to prevent abuse.
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.
Newly Specified Timelines by MCA for Speeding up Merger Approvals
MCA has specified the timeline to speed up the process of Fast Track Mergers. Earlier there was no time limit for Official Liquidators and Registrar of Companies to give objections and suggestions to the CG and CG to pass the confirmation order of the scheme of merger and amalgamation.
Difference Between Lease Deed and Leave and License
Leave and license agreements are commonly used among landlords and tenants in India, especially in the rental housing segment. It is defined in Section 52 of the Indian Easements Act, of 1882.