The author in this article discusses the procedure of Voluntary Liquidation of Corporate persons and the related laws and provisions. It further discusses that Voluntary liquidation allows a company to liquidate its assets and wind up the business; this is becoming a popular choice for the promoters to shut unprofitable companies.
The author in this article discusses the process of Liquidation of Corporate persons and the fact that when all the assets of the corporate debtor have been completely liquidated, the liquidator moves in an application to the adjudicating authority for dissolution of such corporate debtor.
The author in this article discusses Chapter 2 of the Insolvency and Bankruptcy Code that contains the provisions for the process of CIRP and it could be said that the enactment of the Code could help in reducing the number of NPA in a faster manner.
The author in this article discusses the SEBI circular on Pandemic and that the step by the SEBI as an advisory can be said as a precautionary measure as the possible investors or stakeholders can suffer loss, and disclosure of the impact on the company will enable them to assess the risk associated with the company while investing.
The author in this article discusses the impact of Taxation Laws Amendment Bill, 2019 on Corporate taxes. The author further discusses the related provisions and figures to the same for better understanding.