News Update Can a Moratorium under Section 14 of Insolvency Bankruptcy Code, leave petitioners without any remedy 17 Sep 2021 In the case of Anjali Rathi v. Today Homes & Infrastructure Pvt. Ltd , the petitioners (Anjali Rathi) were to be given possession of apartment in the Canary Greens, housing…
News Update Supreme Court: Debt can not be claimed on dues not a part of RP once it is approved 14 Apr 2021 A civil appeal was made in case of Ghanashyam Mishra And Sons Private Limited Vs.Edelweiss Asset Reconstruction Company Limited where the court delt with 3 major issues. Whether any creditor…
News Update IBC Amendment Ordinance 2021 promulgated by central government 7 Apr 2021 COVID-19 pandemic has impacted businesses, financial markets and economies all over world, including India, and has impacted the business operations of micro, small and medium enterprises & exposed many of…
News Update Supreme Court upheld the impugned amendment of IBC Act 2020 21 Jan 2021 The petitioners have approached this Court under Article 32 of the Constitution of India. The issue raised was Sections 3, 4 and 10 of the Insolvency and Bankruptcy Code (Amendment)…