Lessons from BluSmart Insolvency Case & Application of IBC, 2016
BluSmart, India’s first all-electric cab service, revolutionized the ride-hailing industry through its commitment to sustainability and zero-emission transport. Founded in…
Can a balance sheet lie? Legal tools to deal with Financial Misrepresentation.
Introduction Financial statements are intended to present a true and fair view of a company’s financial position. However, history has…
Breaking The Chains: A Deep Dive Into Bankruptcy And Financial Distress
INTRODUCTION Bankruptcy and financial distress are two related concepts that can have a significant impact on individuals, businesses, and the…
BANKRUPTCY
Bankruptcy in the Legal Sense: An In-Depth Overview Introduction Bankruptcy, in a legal context, refers to a formal process through…
The Evolution of Bankruptcy Law in India: A Critical Analysis of the Insolvency and Bankruptcy Code (IBC) 2016
Introduction The evolution of bankruptcy law in India has been marked by a series of legislative reforms aimed at addressing…
Eligibility of Suspended Director to Submit a Resolution Plan: A Legal Analysis
The Insolvency and Bankruptcy Code, 2016 (IBC) was enacted to address issues concerning the resolution of corporate insolvency in India.…
The Evolution of the Insolvency and Bankruptcy Code (IBC): Key Amendments and Their Impact on Corporate Insolvency
Introduction The Insolvency and Bankruptcy Code (IBC), enacted in 2016, marked a significant overhaul of India’s insolvency and bankruptcy framework.…
Corporate Insolvency Resolution Process (CIRP)
INTRODUCTION: CIRP is the process through which it is determined whether the person who has defaulted is capable of repayment…
INTERFACE BETWEEN INSOLVENCY AND BANKRUPTCY CODE 2016 AND THE LIMITATION ACT 1963
The preamble of the IBC provides for a time bound resolution of the corporate debtor where an application for corporate…