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Supreme Court Ruling on Specific Performance of a Contract: Personal Testimony Required for Proving Readiness and Willingness
Introduction The Supreme Court of India has held that in suits for specific performance of a contract, the plaintiff must personally prove their readiness and willingness to perfor
Threshold Limit Under IBC: Legal Framework and Judicial Interpretations
Introduction The Insolvency and Bankruptcy Code, 2016 (IBC) represents a landmark legislation in India’s commercial law landscape, designed to consolidate and streamli
Powers of Customs Officers: Section 100-110 Customs Act 1962
Introduction The customs administration in India operates under a robust legal framework that empowers officers with extensive enforcement capabilities to ensure compliance with cu
Personal Guarantors Liable for Corporate Debt: Comprehending Supreme Court’s verdict.
Introduction The provisions of the Insolvency and Bankruptcy Code, 2016 (IBC) regulating the obligation of personal guarantors to corporate debtors were affirmed in a recent
Understanding the Committee of Creditors under the IBC, 2016
Introduction The insolvency resolution framework in India underwent a significant transformation with the enactment of the Insolvency and Bankruptcy Code, 2016 (IBC). At the core o
Corporate Group Insolvency: Legal Framework, Regulatory Evolution and Judicial Precedents in India
Introduction The insolvency landscape in India underwent a paradigm shift with the enactment of the Insolvency and Bankruptcy Code in 2016. While the legislation brought much-neede
The Non-Implementation of Section 243 of the Insolvency and Bankruptcy Code: Legal Implications and Current Status
Introduction The Insolvency and Bankruptcy Code of 2016 marked a watershed moment in India’s legal framework for addressing corporate and individual insolvency. Enacted to co
Income Tax Informants Rewards Scheme 2018 and Evasion Petition Procedure
Introduction The Income Tax Informants Rewards Scheme 2018 represents a significant enhancement in India’s approach towards combating tax evasion through citizen participatio
Article 64 Limitation Act: Possession of Immovable Property (12 Years)
Introduction Property disputes in India often revolve around two distinct yet interconnected concepts: possession and ownership. While ownership refers to the legal right or title
Ex-Parte Decree Remedies: Order 9 Rule 13 CPC Guide
Introduction The principle of natural justice, encapsulated in the Latin maxim “Audi Alteram Partem” (hear both sides), forms the cornerstone of our legal system. Howev
