4863 Crores is equal to 323 Crores?
Introduction There is a word out in the legal arena about a review committee to be formed for the review…
Videocon: Insolvency & Acquisition
What Happened? In December 2020, SBI filed an Insolvency petition filed against Videocon Industries Limited (Videocon). Later in that month,…
MORATORIUM & ITS BENEFITS
INTRODUCTION The term Moratorium is not defined under the IBC, 2016. The oxford dictionary defines moratorium as “a legal authorization…
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…