REMEDIES FOR NON – REGISTRATION OF FIR

It is stated under Section 154(3) of the Code of Criminal Procedure that if a person is refused by an officer-in-charge of a police station to register his/her report, then that person has the option to send the content of the information of crime in written form to the concerned Superintendent of Police via post so that the information could be recorded and investigated upon.

Importance of Non-Disclosure Agreement

Whenever the decision makers are involved in sensitive discussions of any commercial, it is always important to ensure an NDA is signed between the parties which instills a degree of trust and confidence, which in turn can assist in open negotiations and exploring wider horizons.

Newly Specified Timelines by MCA for Speeding up Merger Approvals

MCA has specified the timeline to speed up the process of Fast Track Mergers. Earlier there was no time limit for Official Liquidators and Registrar of Companies to give objections and suggestions to the CG and CG to pass the confirmation order of the scheme of merger and amalgamation.

Pre-packaged Insolvency Resolution Process

the Insolvency Law Committee in 2020 constituted a sub-committee to study Pre-packaged Insolvency Resolution Process (PPIRP). On the basis of this subcommittee’s recommendations, the Insolvency and Bankruptcy Code was amended on 4/4/2021 through an ordinance to bring effect to this change.