As per section 17 of the Insolvency and Bankruptcy Code, from the date of appointment of the interim resolution professional, the interim resolution professional vested with the management of the corporate debtor.
Continue Reading »The Supreme Court has directed that writ petitions involving IBC 2016 and other provisions related to personal guarantors shall not be entertained by any High Court.
Continue Reading »MCA Commencement Notification of Companies(Amendment) Act, 2019Ministry of Corporate Affairs (MCA) has vide its Commencment Notificaition dated 14.08.2019, app..
Continue Reading »Introduction:The Companies (Amendment) Act 2017 ('CAA, 2017') introduced several amendments to the Companies Act 2013, realigning existing provision
Continue Reading »Introduction:The Ministry of Corporate Affairs (MCA) through notification dated 21st February, 2019 introduced the Companies (Incorporation) Amendment Rules, 20..
Continue Reading »Introduction:On April 2, 2019, Supreme Court, in the matter of Dharani Sugars and Chemicals Ltd. Vs. Union of India, delivered a landmark judgement, which deals..
Continue Reading »BACKGROUND The Prevention of Corruption Act, 1988 was enacted to combat corruption in government departments and public sector businesses in India; and to prosec
Continue Reading »BACKGROUND:The Government has introduced amendments in Prevention of Money Laundering Act, 2002(PMLA) through Finance Act, 2018. The amendments aim at further e..
Continue Reading »Introduction:The Ministry of Corporate Affairs (MCA) vide its order dated 13/07/2018 has constituted a 10- member committee to review the penal provisions which..
Continue Reading »Introduction:The concept of Corporate Social Responsibility in India is governed by Section 135 of the Companies Act, 2013 and Rules made thereunder wherein the..
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