This[1] is a major case in NCLT, and played a major factor for some drastic changes in the bankruptcy code and the functioning of high courts and made several amendments to companies act 2013. An employees’ union has filed an
This article first discusses Bankruptcy and the procedure for application of Bankruptcy under the IBC, 2016. Furthermore, the article elaborates on the Bankruptcy order and the Bankruptcy trustee assigned under the code.
Introduction: In case of State Bank of India v. Mr. V. Ramakrishnan and Others (decided on August 14, 2018), the Hon’ble Supreme Court resolved the issue relating to applicability of moratorium passed under Section 14 of the Insolvency and Bankruptcy
Introduction: The Insolvency and Bankruptcy Code (“IBC”) intends to consolidate and amend the laws relating to reorganization and insolvency resolution of corporate firms. This Code replaced the erstwhile Part VII of the Companies Act, 1956 (“1956 Act”), under which Sections 433(e)
