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...
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...
On the 8th day of June 2021, the Honorable High Court of Kerala heard and decided a Civil Writ Petition matter filed seeking Writ of Mandamus against the police authorities to register the First Information Report and conduct the investigation.
On the 8th Day of June 2021, the Honourable Kerala High Court heard and decided a Criminal Miscellaneous Petition (Cr. M.C) under section 482 of the Criminal Procedure Code, 1973 (Cr. P.C).
The petition was filed challenging the validity of Environmental Impact Assessment, 2006 rules on the buildings whose construction was started before the issue of rules.
On the 11th day of June 2021, the Honourable High Court of Kerala disposed of a Civil Writ Petition in which the Petitioner had sought a prohibitory order of performing unauthorized furniture manufacturing adjacent to the residential area.