From Insolvency to Twin Tower Razing: Amid Supertech’s Setbacks, Are Good Days Ahead for Homebuyers?
Tale of Misconduct Indifference: Why Aggrieved Homebuyers went against one resolution professional
Our Associate, Shivek Sharma shares his views on the suspension order passed by the IBBI against Yogesh Kumar Gupta (Resolution Professional), in an article by Economic Times Read the full article here – https://lnkd.in/d7ZcAFBz
Ensuring Independence of a Subsidiary During Insolvency Resolution Process Against the Holding Company
INTRODUCTION The Insolvency and Bankruptcy Code, 2016 (“IBC”) is considered as one of the major reforms introduced in the Indian financial sector. IBC has played a pivotal role in the resolution of stressed assets in a time bound manner and has significantly contributed towards India’s improved ranking in the World Bank’s Ease of Doing Business […]
Personal hearing as a pre-requisite for disqualifying directors – Are courts on the same page?
INTRODUCTION The Ministry of Corporate Affairs has been taking note of corporate compliances by companies and the same is evident from the steps taken by the Registrar of Companies (“RoC”) in the recent past. The RoC has been targeting the directors of defaulting companies under Section 164(2) of the Companies Act, 2013 (“CA 2013”). Section […]
