Mondaq Asia Pacific: Insolvency/Bankruptcy/Re-structuring
Worrells Solvency & Forensic Accountants
Article discusses what happens if there is a tax refund owing to the debtor in bankruptcy.
Worrells Solvency & Forensic Accountants
An empathetic article about the personal impact bankruptcy can have on the individual mentally, both before and after the fact.
Worrells Solvency & Forensic Accountants
Article highlights why directors should take steps to ensure that the company properly maintains & retains books & records.
Herbert Smith Freehills
In Swiss Cosmeceutics (Asia) Ltd [2019] HKCFI 336, Mr Justice Harris of the Hong Kong Court of First Instance declined to wind up a company despite it failing to establish a bona fide defence
IndiaLaw LLP
List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims.
Singhania & Co
The banks can still opt for Project Sashakt as a resolution mechanism for stressed assets apart from the other measures.
AMLEGALS
The present application was moved by M/s. Sun Pharmaceutical Industries Limited, formerly known as Ranbaxy Laboratories,before the National Company Law Tribunal Chandigarh Bench in the case of Parabolic Drugs, ...
AMLEGALS
The present application was moved by M/s. Sun Pharmaceutical Industries Limited, formerly known as Ranbaxy Laboratories,before the National Company Law Tribunal Chandigarh Bench in the case of Parabolic Drugs...
IndiaLaw LLP
List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims
VGC Law Firm
The default referred to herein above is in respect of a financial debt owed to any financial creditor.
AMLEGALS
This appeal has been preferred by Alloysmin Industries against the order passed by the National Company Law Tribunal, New Delhi, Bench III on 17.09.2018.
IndiaLaw LLP
List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims
Argus Partners
The NCLAT, vide its order dated December 14, 2018 in the case of Company Appeal (AT) (Insolvency) No. 169 of 2017, has rejected the appeal filed by Edelweiss Asset Reconstruction Company Limited, ...
Khurana and Khurana
The Hon'ble National Company Law Tribunal or NCLT (Mumbai) Bench in M/S Citicare Super Speciality Hospital vs. Vighnaharta Health Visionaries Pvt. Ltd
IndiaLaw LLP
The Supreme Court of India in the matter of Dharani Sugars & Chemical Ltd Vs. Union of India struck down Circular dated 12th February 2018 issued by RBI as ultra vires of section 35AA of the
IndiaLaw LLP
List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims.
Khurana and Khurana
The Hon'ble National Company Law Tribunal or NCLT (Mumbai) Bench in M/S Citicare Super Speciality Hospital vs. Vighnaharta Health Visionaries Pvt. Ltd. has held that claims towards outstanding rent ...
IndiaLaw LLP
List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims
Singh & Associates
Re-establishes the fact that the circulars/directives issued by the Reserve Bank of India from time to time are statutory in nature and are binding on all financial institutions;
IndiaLaw LLP
List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims
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VGC Law Firm
The same have been briefly discussed in the present article.
AMLEGALS
The amount of any liability in respect of any of the guarantee or indemnity for any of the items referred to in sub-clauses (a) to (h) of this clause.
IndusLaw
The Specific Relief (Amendment) Act, 2018 (the "Amendment Act") amending the provisions of the Specific Relief Act, 1963 (the "Act") came into force on August 1, 2018.
Nishith Desai Associates
With almost two years since the introduction of the Insolvency and Bankruptcy Code, 2016 ("IBC" and "Code"), there have been various challenges in the effective implementation of the Code.
Dhaval Vussonji & Associates
In our earlier article titled, "Homebuyers now Financial Creditors: Too many cooks spoil the resolution process?", we analysed the impact of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, ...
VGC Law Firm
It is apparent from the ongoing practice that IRPs consider the date of receipt of order as the date of the appointment.
Clarus Law Associates
On 11.10.2018, a division bench of the Hon'ble Supreme Court of India comprising of Justice R.F. Nariman and Justice Navin Sinha in the matter of B.K. Educational Services Private Limited v Parag Gupta And Associates, ...
Fair & Just Legal Solutions LLP
The Insolvency and Bankruptcy Code, 2016 ("Code") is considered as one of the biggest economic reforms.
IndusLaw
2018 proved to be a constitutional litmus test for the Insolvency and Bankruptcy Code, 2016, with ten writ petitions and one special leave petition assailing the constitutional validity of the Code.
King, Stubb & Kasiva
In case of cash flow insolvency the company is unable to pay debt as it falls due and in balance sheet insolvency the total liability exceeds its realisable assets.
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