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RERA Orders Passed During a Moratorium: What the NCLAT Decided in the Raghuleela Builders Case
A buyer who has paid in full for a unit that was never delivered has an obvious grievance. If the developer is admitted into insolvency while the buyer’s RERA appeal is pendi
Does the IBBI Lose Disciplinary Jurisdiction Once an Insolvency Professional Becomes a Liquidator? The Madras High Court’s Answer
An insolvency professional who is appointed resolution professional, and who is later appointed liquidator by the same tribunal, may feel that he has moved from one statutory world
When Assets Surface Mid-CIRP: Why the NCLAT Ordered a Fresh Form G in Masatya Technologies
A resolution plan is a bid for a defined pool of assets. Bidders price what the information memorandum discloses. If assets of significant value are added to that pool after bids h
Section 34 Specific Relief Act 1963: Declaratory Suit Guide
Introduction The Himachal Pradesh High Court recently delivered a significant ruling concerning Section 34 of the Specific Relief Act, 1963, and Order 7 Rule 11 (d) of the Code of
Supreme Court Ruling in Shakti Yezdani vs Jayanand Jayant Salgaonkar: Supreme Court Clarifies Nomination vs Succession Rights
Introduction The Indian legal landscape witnessed a significant clarification in December 2023 when the Supreme Court of India delivered its landmark judgment in Shakti Yezdani &am
Withdrawal of Resolution Plan & Performance Security Forfeiture in India’s Corporate Insolvency Resolution Process
Examining the Implications of Transferring Shareholding of Successful Resolution Applicant Introduction The corporate insolvency resolution process under the Insolvency and Bankrup
Decisions of Committee of Creditors to Liquidate under IBC: A NCLAT Judgment Analysis
Understanding the Role of Single Operational Creditor in CoC Under IBC and the Requirement of Reasoning for Liquidation The Insolvency and Bankruptcy Code, 2016 has fundamentally t
Is a Profit-Sharing Investment a Financial Debt under the IBC? Joint Ventures, Section 5(8) and the Realpro Realty Decision
Two parties pool money to develop a property. One puts in seventy-five per cent, the other twenty-five. They share costs, profits and losses in the same ratio. The document calls t
Interpretation of Section 498-A IPC by the Supreme Court
Introduction The insertion of Section 498-A into the Indian Penal Code through the Criminal Law (Second Amendment) Act of 1983 marked a watershed moment in Indian criminal jurispru
Suspension, VRS and Probation: CCS Rules 1965 Employment Guide
A Deep Dive into the Legal Framework Governing Employee Relations in India Introduction Employment law in India operates within a complex framework that balances the rights and obl
