Monthly Archives: March 2021

Rohingyas

Expulsion of Rohingyas violates Article 21 and international norms and it is also like sending them to death or torture: Petitioner to Supreme Court

Expulsion of Rohingyas violates Article 21 and international norms and it is also like sending them to death or torture: Petitioner to Supreme Court A petition has been filed by Mohammed Salimullah to the supreme court for the release of Rohingyas and refrains the government from making an order for their deportation. The pleas also

insolvency

CORPORATE INSOLVENCY RESOLUTION PROCESS (CIRP) & it’s INITIATION

The Corporate Insolvency Resolution Process (CIRP) is defined as a recovery mechanism for the creditors’ benefits. The concept of CIRP is given under the Insolvency and Bankruptcy Code, 2016 (IBC). If in case, a corporate entity stands unable to pay debts (insolvent), then, the concerned creditor or the corporate entity may initiate for CIRP. The

Supreme Court Bars Banks from Charging Interest on Interest or Penal Interest on Any Borrower during Loan Moratorium

Today the SC directed that there should be no interest on interest or penal interest on the installments which were due during the loan moratorium period from March 1 to August 31 in 2020 on any borrower, irrespective of the loan amount. If such interest; already collected, it should either refunded to the borrower or

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