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Top News In திவால்நிலை சட்டம் சீர்திருத்தங்கள் குழு Today - Breaking & Trending Today

Ipso Facto Termination In India

Ipso Facto Termination In India
livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.

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India's Sustained Economic Recovery Will Require Changes to Its Bankruptcy Law - Carnegie India - Carnegie Endowment for International Peace

Summary
One of the key drivers of economic recovery in India will be the efficient movement of capital from inefficient firms to efficient ones. The economic downturn caused by the coronavirus pandemic has been severe, and India’s economy was one of the worst affected in 2020–2021. Though the economy is recovering faster than initial estimates, sustained economic recovery will not take place if stressed businesses cannot restructure their debts properly or if failing firms cannot be resolved efficiently. India’s bankruptcy law is key to solving these challenges.
In 2016 India enacted the Insolvency and Bankruptcy Code, 2016 (IBC), which was a landmark reform to the nation’s financial system and the first comprehensive law to regulate insolvency. ....

United States , France General , United Kingdom , New Delhi , City Of , Lily Vadera , Bhargavi Zaveri , Dan Andrews , Rajeswari Sengupta , Ajay Shah , Pratik Datta , Arpan Chaturvedi , Josh Felman , Arvind Subramanian , Anirudh Burman , Anjali Sharma , Harsh Vardhan , Ruchika Chitravanshi , Sachin Chaturvedi , Jyoti Singh , Bahramn Vakil , Raghavendra Kamath , Rakesh Mohan , Shayan Ghosh , Raghuram Rajan , Rajnish Kumar ,

Dewan Housing: Why Insolvency Resolution Processes Need A Greater Degree Of Certainty - Insolvency/Bankruptcy/Re-structuring

Dewan Housing: Why insolvency resolution processes need a
greater degree of certainty
In November 2019, after reports of a large-scale financial scam,
Dewan Housing Finance Corporation Ltd (DHFL) became the first
non-banking financial company to be referred to the National
Company Law Tribunal (NCLT) for insolvency proceedings.
In February 2020, 24 applicants submitted expressions of
interest for DHFL. Applicants were allowed to bid for either the
entire company or parts of the business. The last date for
submission of a resolution plan was April 16. The deadline
was extended multiple times, including on account of the COVID-19
pandemic, until November 9.
While the Adani group was reportedly among the initial 24 ....

Dalmia Bharat , Dewan Housing Finance Corporation Ltd , National Company , National Housing Bank , Supreme Court , Bankruptcy Law Review Committee , United Nations Commission On International , Bankruptcy Law Reforms Committee , Company Law Tribunal , Piramal Enterprises , Dewan Housing , Oaktree Capital , Bankruptcy Code , United Nations Commission , Trade Law , Binani Cement , Law Appellate Tribunal , Reserve Bank , Dewan Housing Why Insolvency Resolution Processes Needa Greater Degree Of Certainty , Corporate Commercial Law , Corporate And Company Law , Insolvency Bankruptcy Re Structuring , Insolvency Bankruptcy , டால்மியா பாரத் , திவான் வீட்டுவசதி நிதி நிறுவனம் லிமிடெட் , தேசிய நிறுவனம் ,

NCLAT Holds Lease Rentals As 'Operational Debt' - Insolvency/Bankruptcy/Re-structuring

the NCLAT dealt with the issue Can
lease rentals arising out of use and occupation of a cold storage
unit be categorized as operational debt under Section
5(21) of I&B Code?
Section 5(21) of IBC states that Operational debt
means a claim in respect of the provision of goods or services
including employment or a debt in respect of the payment of dues
arising under any law for the time being in force and payable to
the Central Government, any State Government or any local
authority.
Facts
NAFED/Operational Creditor and the Corporate Debtor entered into
a Leave and License Agreement for the usage of cold storage ....

Anup Sushil Dubey , Marketing Federation Of India Ltd , National Agriculture , Services Tax , Bankruptcy Law Reforms Committee , Appellate Authority , Court Analysis , Co Operative Marketing Federation , India Ltd , Central Government , State Government , Operational Creditor , Corporate Debtor , License Agreement , Demand Notice , Adjudicating Authority , Suspended Board , Operational Debt , Law Reforms Committee , Consumer Protection Act , Central Goods , Services Tax Act , அனுப்பி சுஷில் டுபேய் , சந்தைப்படுத்தல் கூட்டமைப்பு ஆஃப் இந்தியா லிமிடெட் , சேவைகள் வரி , திவால்நிலை சட்டம் சீர்திருத்தங்கள் குழு ,

A case for pre-packs: Insolvency resolution in India could benefit from pre-packs

A case for pre-packs: Insolvency resolution in India could benefit from pre-packs
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Madhya Pradesh , United Kingdom , Bibek Debroy Aditya Sinha , National Company Law Tribunal , Bankruptcy Law Reforms Committee , National Company Law Appellate Tribunal , Bibek Debroy , Aditya Sinha , Bankruptcy Code , Corporate Insolvency Resolution Process , Competition Act , Mills Company Vs Surendra Trading , மத்யா பிரதேஷ் , ஒன்றுபட்டது கிஂக்டம் , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் , திவால்நிலை சட்டம் சீர்திருத்தங்கள் குழு , தேசிய நிறுவனம் சட்டம் மேல்முறையீடு தீர்ப்பாயம் , பிபெக் டெப்ராய் , திவால்நிலை குறியீடு , பெருநிறுவன நொடித்துப்போனது தீர்மானம் ப்ரோஸெஸ் , போட்டி நாடகம் , ஆலைகள் நிறுவனம் எதிராக சூரென்ற வர்த்தக ,