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Blogs - Adv. Upmanyu Kumar, Author at Centrik

CentrikArticles by: Adv. Upmanyu Kumar

Author: Adv. Upmanyu Kumar

What are Rehabilitation Scheme for Stalled Projects under UP RERA

Posted by Adv. Upmanyu KumarPosted on September 28, 2020September 28, 20200 CommentsCategories RERA ConsultingTags All about Rehabilitation Scheme, Authority under RERA Orders Refund, Delay delivery of the Possession, Interests of the Allottees, Promoter failed to complete the project as per the Terms, Rehabilitation project under RERA, Rehabilitation Scheme for Stalled Projects, Stalled Projects under UP RERA, What are Rehabilitation Scheme

One of a kind orders that transformed a stalled project into a Rehabilitation project under Section 8 of the RERA.

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How IBC is Better than RERA for Homebuyers

Posted by Adv. Upmanyu KumarPosted on September 23, 2020September 24, 20201 Comment on How IBC is Better than RERA for HomebuyersCategories RERA ConsultingTags CIRP against the Builder, Comparison between RERA and IBC, File a Complaint against the builder under RERA, Grievances of the Homebuyers, Orders passed under RERA, Provisions of the RERA act against Promoter, Relief under IBC for Homebuyers, RERA and IBC, RERA for Homebuyers

IBC undoubtedly appears to be a better alternative in comparison to RERA. IBC offers a time bound resolution of the grievance of the homebuyers.

1 Comment on How IBC is Better than RERA for Homebuyers
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Why Filing of Claim is Necessary under IBC

Posted by Adv. Upmanyu KumarPosted on September 23, 2020September 24, 20200 CommentsCategories Benchmarking, Grievance Redressal, Insolvency & Bankruptcy Code 2016Tags best resolution plan for the corporate debtor, claim against the corporate debtor, Claim filed by the Financial Creditors, Creditor fails to file the claim before the Resolution Plan, File claims before IRP, File claims before RP, File the claim before the Resolution Plan, Filing Claim under IBC, IBC Laws for Corporate Debtors

Filing Claim under IBC- It becomes very important to understand why every creditor should file their claims?

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How to choose your Interim Resolution Professional (IRP) for Insolvency Process

Posted by Adv. Upmanyu KumarPosted on September 22, 2020September 24, 20200 CommentsCategories Authentic Legal Advice, Insolvency & Bankruptcy Code 2016, Legal AdvisoryTags Appoint IRP, Choose your IRP for Insolvency Process, CIRP against the corporate debtor, Duties of IRP, File a petition against a defaulting Corporate Debtor before NCLT, How to choose expert IRP, insolvency, Insolvency Resolution Professionals, IRP for Insolvency Process, IRP for the Corporate Debtor, Petitionfiled by either a Financial Creditor, What Does IRP means?, what is the role of a IRP in Insolvency Process

an Insolvency Professional having all the aforementioned requirements may be chosen as An IRP for the corporate debtor. However it may have an advantage over other IRP if the person had already dealt in that specific industry being an RP/IRP.

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A Journey of Homebuyer in IBC Laws

Posted by Adv. Upmanyu KumarPosted on September 21, 2020September 22, 20200 CommentsCategories Insolvency & Bankruptcy Code 2016, Registration And Compliance, RERA ConsultingTags Default of Debt, Financial Creditors under the IBC, Financial debt, Homebuyers under IBC, IBC, IBC for Homebuyers, Indian Homebuyers, NCLT, Real Estate Sector, Status of Homebuyers

A tug of war going on between the companies involved in the real estate sector and the homebuyers since the Insolvency and Bankruptcy Code (IBC) came in force in 2016

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Decline in NPAs Make Banking Sector Profitable in 7 Years

Posted by Adv. Upmanyu KumarPosted on January 1, 20200 CommentsCategories Debt Recovery Management, Legal Advisory, Tax LitigationTags Indian Banking Sector, Non-Banking Financial Companies, progress of banking in India, provisioning for NPAs made banking sector stagnant, trends of banking in india

Fall in Non-Performing Assets and Stressed Assets of the Indian Banking Sector have finally resulted in a profit for the first time in 7 years.

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Remedy for Companies after strike-off order passed by ROC

Posted by Adv. Upmanyu KumarPosted on August 6, 2019December 5, 20190 CommentsCategories Business Advisory, Debt Recovery ManagementTags procedure for the appeal before the NCLT, restoration of the name of Company in the register of the ROC, revival of struck-off company against the order of ROC, struck–off companies can approach NCLT

All the struck–off companies can approach NCLT under section 252 of the company act for the revival of the struck-off company against the order of ROC.

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NCLT Chennai admitted Insolvency Petition against 17 Builders under IBC Law

Posted by Adv. Upmanyu KumarPosted on July 17, 2019July 17, 20190 CommentsCategories Corporate Litigation-All In Way, Debt Recovery Management, RERA ConsultingTags corporate insolvency resolution against the 17 builders, corporate insolvency resolution proceedings under the IBC, financial creditor can file the insolvency petition before the NCLT, Insolvency Petition against Builders under IBC Law by Chennai NCLT

As the majority of the builders have not delivered the possession of the property as promised made by them and breached the terms and conditions on the agreement executed with the homebuyers.

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  • TRANSFER PRICING IN INDIA: REGULATORY FRAMEWORK, KEY PRINCIPLES AND EMERGING TRENDS August 20, 2024
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