Special Courts Bill, 1978 (In re)

Introduction The present case deals with the constitutionality validity of the Special courts Bill, 1978 which was referred to the Supreme Court under Article 143 of the Indian Constitution. Facts of the Case On August 1, 1978 the President of…

Marshall sons P ltd v. ITO

Introduction Merger or amalgamation is known as the merging of two or more companies into a single entity, with one company surviving and the other ceasing to exist. The assets and liabilities of the combined company or companies are acquired…

Insolvency process for Corporate Persons

Overview The Insolvency and Bankruptcy Code, 2016 (the “IBC”), was brought into effect on May 28, 2016. This article will dwell upon the bankruptcy cycle of the Corporate Person in India under the Code. The legislation tries to unite the…