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Debt Recovery & Insolvency: A Guide to Resolution
Importance of Debt Recovery Tribunals (DRTs) Insolvency describes a situation when an individual, company, or any other organization is unable to fulfill […]
Who is an Undischarged Insolvent?
The phrase “undischarged insolvent” is not specifically defined in IBC. The term “undischarged insolvent” is mentioned under clause 3 of section 79, […]
Definition of Connected Person
Connected Person Of the many terms used in the Insolvency and Bankruptcy Code (IBC), 2016, the term ‘connected person’ often finds […]
Arbitration of Insolvency Disputes: A Case Study of Indus Biotech Private Ltd. Vs. Kotak India Venture Fund-I
Introduction Insolvency Disputes The National Company Law Tribunal (“NCLT”) Mumbai Bench, on 9th June 2020 pronounced its decision in the case of […]
Unravelling IBC Ordinance 2020
Decoding IBC Ordinance 2020: With a nation-wide lockdown in force businesses and financial markets are facing the brunt of the economic fallout […]
Related Party – Definition and Concept
The term Related Party is given under Section 5(24) of the Insolvency and Bankruptcy Code. The Code describes it as a commutative […]
