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Introduction The Insolvency and Bankruptcy Code, 2016 represents a watershed moment in Indian commercial legislation, fundamentally transforming how insolvency and bankruptcy pr
CAN THE GST DEPARTMENT EDIT OR REDUCE THE GST AMOUNT BY A RESOLUTION PROFESSIONAL?
Powers of Resolution Professional of the GST department stays hand tied as considered powerless to amend the prices of GST. Access to the power to alter GST prices stays with limit
Evolution of Law for Protecting the Rights of the Secured Lenders – Journey from Suit Proceedings to Corporate Insolvency Resolution Process
Introduction Any creditor or lender involved in the issue of a secured credit instrument is referred to as a secured creditor. Any credit product that is backed by collatera
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The tax structure comprises the federal government, state governments, and municipal governments. In India, taxes are classified into two parts: direct and indirect taxes. Direct t
Cryptocurrency- brief overview of regulation.
Cryptocurrencies have gained a lot of traction in recent times in India which is home to one of the largest markets for cryptocurrencies in the world. According to a report, the co
Information Utility & IBC 2016
Resolution in a time-bound manner is one of the main objects of the Insolvency and Bankruptcy Code, 2016 which has now become realistic by designing a tool that endeavors to provid
Section 18 of the Limitation Act applicable to IBC proceedings : Hon’ble Supreme Court of India
The Supreme Court held that Section 18 of the Limitation Act applies to actions brought under the Insolvency and Bankruptcy Code. “An acknowledgement in a balance sheet witho
Historical Evolution of the Insolvency and Bankruptcy Code (IBC): A Transformational Journey in Indian Insolvency Law
Introduction The enactment of the Insolvency and Bankruptcy Code, 2016 marked a watershed moment in India’s economic and legal history. Before this unified legislation
OFFENCES/PENAL PROVISIONS UNDER CENTRAL GOODS AND SERVICES TAX ACT (CGST), 2017
OFFENCES/PENAL PROVISIONS CENTRAL GOODS AND SERVICES TAX ACT (CGST), 2017 The Act, declares the offences that attract penalty as a consequence, apart from the requirement to pay th
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