NCLT

NCLAT: Lease and Rental dues do not constitute Operational Debt under the Insolvency and Bankruptcy Code

This declared by the NCLAT in the case of  Ravindranath Reddy v. G. Kishan. In this case, an appeal before the National Company Law Appellate Tribunal (NCLAT) was filed by Mr. Ravindranath Reddy, the director of M/S Walnut Packaging...

Reverse Corporate Insolvency Resolution Procedure [Reverse CIRP]: A Novel Experiment Conducted By The NCLAT

The Insolvency and Bankruptcy Code, as mentioned in the objects and reasons, was enacted to provide effective resolution procedure for timely resolution of debtors, and to maximise the value of the debtor’s assets. To pursue these objects, it provides...

TATA’s Boardroom Battle enters the Court Room

The scramble for the leadership at the TATA Sons which began with the ouster of Cyrus Mistry from the Chairmanship of TATA Industries on 24th October has seen various events till date. It led to the removal of the...

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Call for Content Writing Freelancers for The Law Brigade Publishers, Stipend 2.5k/month [Apply by April 20]

The Law Brigade Group is an online, open-access journal publisher. The Law Brigade enjoys being India's only research startup...