The Insolvency and Bankruptcy Code (IBC) was introduced in 2016 which primarily aims at the resolution of corporate insolvency of corporate persons, partnership firms and individuals. The IBC framework is intended to facilitate the financially distressed corporate debtor and not as a mere recovery mechanism for creditors. Accordingly, proceedings before the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT) are resolution centred and not recovery centred.

The future is virtual — but the legal consequences are real.
At Centrik, we explore the evolving techno-legal landscape and decode the challenges of law beyond physical boundaries.

Anti-competitive agreements are a significant area of concern under Indian competition law, governed by the Competition Act, of 2002. These agreements, which have the potential to harm the competitive process and consumer welfare, are strictly regulated by the Competition Commission of India (CCI).

The legal maxim actus curiae neminem gravabit, which means no party should suffer due to the act of the court, is a fundamental prerequisite of a fair judicial process.

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.

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.

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.

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.

In India, similar to other jurisdictions, unregistered trademark owners also have certain rights under common law to protect their enregistered marks.