The Supreme Court (SC) delivered three judgments in recent weeks deciding questions on arbitration matters. Last week, it set aside the judgment of the Calcutta
Category: Legal
Trouble with Insolvency and bankruptcy Code? What could really disturb its journey – The Financial Express–06.10.2017
The government defied its poor track record on implementation of laws by deploying unprecedented will for effective roll-out of IBC. The Insolvency and Bankruptcy Code
With banking sector bad loans at Rs 8 lakh cr, here is a loophole that can make it worse – The Financial Express–01.10.2017
Though the National Company Law Tribunal (NCLT) has dismissed Edelweiss Asset Reconstruction Company’s petition against the insolvency resolution done in the case of Synergies Dooray,
Mahmood Farooqui’s acquittal will have devastating consequences for rape victims | analysis | Hindustan Times–01.10.2017
While the Mathura case represented a black letter day for adivasi women, the Mahmood Farooqui case represents a black letter day for the woman of
Operational creditors & dispute threshold – The Financial Express–28.09.2017
Abir Roy The scheme for admission of an insolvency petition is different for financial creditors and operational creditors. While financial creditors can directly approach the
Insolvency proceedings: Amend laws to recognise the concept of buyer’s lien | Business Standard Column–25.09.2017
Neither the Real Estate (Regulation and Development) Act (RERA) nor the Insolvency and Bankruptcy Code (IBC) sufficiently addresses the concerns of homebuyers Insolvency proceedings initiated
Bank NPAs crisis: Will IBC be a success? First resolution plan throws up points to ponder – The Financial Express–23.09.2017
The underlying objective of the IBC (Insolvency and Bankruptcy Code) is to revive and restore a company or liquidate it. The first insolvency plan approved
Sanjay Chandra: Supreme Court denies bail to Unitech MD Sanjay Chandra – The Economic Times–22.09.2017
The Supreme Court once again refused to grant bail to UnitechBSE 0.82 % managing director Sanjay Chandra, insisting he could not be freed without ensuring
For capital gains relief, flat possession date counts – The Economic Times–22.09.2017
The date of possession of a new house, and not that of the purchase/sale agreement, will be considered for calculating the eligibility period for claiming
Jaypee insolvency: Quite a legal mess–22.09.2017
The Supreme Court’s intervention in the bankruptcy proceedings against Jaypee Infratech (JIL) is a legal mess. To begin with, the case brings out a deficiency
Central Bureau of Investigation: CBI officials reach the home of the wrong HC Judge and get charged with trespassing – The Economic Times–21.09.2017
Officials of the Central Bureau of Investigation who landed up at a sitting High Court judge’s residence in Odisha to carry out a raid have
Why the Bankruptcy Code is turning into a double-edged sword for banks | Business Standard News++21.09.2017
Are banks getting boxed in after the introduction of the Bankruptcy Code? Some signals seem to be pointing that way. Not only are they looking
Insolvency Code needs a few tweaks | Business Standard Column–20.09.2017
The Supreme Court’s decision to stay the order passed by the Allahabad Bench of the National Company Law Tribunal (NCLT), which initiated insolvency proceedings against
Pre-arbitration bouts cause delays | Business Standard Column–20.09.2017
When contesting parties move court, they have no choice in selecting judges, though in their hearts they would like to have that power. Forum-shopping and
Stayzilla: NCLT orders StayZilla into insolvent liquidation in case file by vendor Jigsaw – The Economic Times–19.09.2017
The National Company Law Tribunal had ordered initiation of insolvency proceedings against hotel and homestay aggregator StayZilla, the consumer internet start-up that sparked national debates
New exit policy where defaulting industrialists go, workers stay is welcome–Times of India–17.09.2017
Till now, the business phrase “exit policy” meant the exit of workers, to allow owners to survive and flourish. Now, for the first time, India
For a law to protect privacy and data–Economic Times–15.09.2017
At Wednesday’s conclave on financial inclusion organised by the UN, finance minister Arun Jaitley was confident that the Aadhaar law would stand the test of
Don’t dither on judicial reforms-Economic Times–15.09.2017
It is welcome that four states and one Union territory — Haryana, Punjab, Himachal Pradesh, Kerala and Chandigarh — have reduced cases pending for over
Jaiprakash Associates: Supreme Court tells Jaypee to pay Rs 50 lakh to 10 buyers – The Economic Times–14.09.2017
The Supreme Court on Wednesday asked realty firm Jaiprakash Associates to pay Rs 50 lakh as an interim relief to 10 homebuyers of its Kalypso
Why SC order on Jaypee Infrastructure is a win-win for all, including flatbuyers – The Financial Express–13.09.2017
The Supreme Court’s decision to persist with insolvency proceedings against Jaypee Infratech while also asking the insolvency resolution professional (IRP) to ensure the concerns of
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