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 »

The deadline for resolution plan cannot be violated: says the Supreme Court

In an attempt to ensure that the proceedings of the Insolvency and Bankruptcy Code function without a glitch, the Supreme Court took strict measures to prevent lengthy proceedings. The Supreme…

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 »