Litmus tests passed by IBC continues to create greater Strikes

Unable to close many insolvency cases successfully in 270 days has resulted in passing many Litmus tests by IBC. This has created a symbol of the dark storm and greater…

Read more »

Does the income tax department have rights over immovable property during Liquidation?

In a recent case in Hyderabad concerning the Income Tax Department, it has come out that the department has no right over immovable property and the right falls first to…

Read more »

Home buyers are now part of Financial Creditors: the road ahead

In a recent judgment, the Supreme Court has directed new proceedings for the Jaypee Infratech case. Under the Insolvency and Bankruptcy code, all cases need to be resolved under 180…

Read more »