In today’s rapidly evolving technological landscape, the integration of artificial intelligence (AI) into insolvency proceedings presents both challenges and opportunities for practitioners.
Challenges and Opportunities in Implementing the Insolvency and Bankruptcy Code
The Insolvency and Bankruptcy Code, 2016 (IBC) marks a significant milestone in the realm of insolvency and bankruptcy resolution in India. With its passage by Parliament and Presidential assent on May 28, 2016, the IBC revolutionized the legal framework surrounding insolvency and bankruptcy.
Power of RERA Authority to Impose Penalties on Builders
If the promoter fails to follow RERA’s orders, they will have to pay a penalty. This amount could be up to 5% of the evaluated cost of the property. If the Appellate Tribunal’s orders are not complied with, a penalty will have to be paid.
Timely Filing of Claims in case of Real Estate Projects undergoing CIRP
At the initiation of CIRP when a public notice is issued under Section 15, claims of creditors are invited; but in some scenarios in real estate cases, homebuyers are often unable to take note of the public announcement of CIRP owing to different factors.
EUTHANASIA AND RIGHT TO DIE WITH DIGNITY: CONSTITUTIONAL AND LEGAL PERSPECTIVES IN INDIA
The Constitution Bench in Gian Kaur (supra) went on to declare Section 309 IPC as constitutional. The Court held that the right to live with human dignity cannot be construed to include within its ambit the right to terminate natural life, at least before the commencement of the process of certain natural death.
Rights over My Parents’ and Grandparents’ Property
Ancestral Property: If the property has been passed down through generations without being divided, the grandson has a right to claim his share as a coparcener under Hindu law. Self-Acquired Property: If the grandfather’s property is self-acquired, the grandson generally does not have an automatic right.
THE IMPACT OF REMOTE WORK ON THE FUTURE OF EMPLOYMENT
Remote work offers several advantages such as increased flexibility in working hours, reduced commuting time and expenses, improved work-life balance, access to a global talent pool, and a higher level of job satisfaction among employees.
Director Liability in Financial Distress: Interactions Between the IBC, 2016, and the Companies Act, 2013
Director liability during financial distress- An interplay of the IBC, 2016 and the Companies Act, 2013. It is undisputed that in times of solvency, director’s responsibilities are mainly directed towards shareholders, under the guidance of the Companies Act.
Protecting the Rights of Creditors and Debtors under the Insolvency and Bankruptcy Code in India
The Insolvency and Bankruptcy Code (for short “I&B Code”), enacted in 2016, marked a significant reform in India’s economic landscape by streamlining the insolvency resolution process and providing a balanced framework.
Understanding Possession for Fit-Out Basis: A Comprehensive Overview
Possession for fit-out basis is a term that has gained significant traction in the real estate sector, particularly in burgeoning urban areas like Noida. This concept allows property buyers to take early possession.
PRINCIPLES OF CONDONATION OF DELAY
In the legal domain, the concept of condonation of delay is of notable importance, as highlighted by the Supreme Court of India.
The Rise of the Gig Economy in India
India’s gig economy has seen significant growth due to the proliferation of technology and increased internet penetration.
Navigating the Legal Landscape: Labor and Employment Law
In the intricate tapestry of legal frameworks that govern modern workplaces, labor and employment law stand as formidable pillars.
NCLAT Chennai Bench: Tribunal Dismisses Review Application Seeking Recall of Order
In a recent decision, the National Company Law Appellate Tribunal (NCLAT), Chennai Bench, comprising of Justice M. Venugopal, Justice Sharad Kumar Sharma.
Abuse of Dominant Position: Section 4 of Competition Act 2002
The term ‘Dominant Position’ refers to a position of superiority relative to others within a given context, often attributed to various factors. While occupying a dominant position is not inherently problematic, the improper exploitation thereof is deemed objectionable.