Expert Knowledge,
Straight from Practitioners.
Tax tips, legal guides, and financial advice written by the same verified CAs, Advocates, and Advisors you can consult on ConsultEase.
Join our free webinar today (5 PM-6 PM) on Case Laws Covered in Limited Insolvency Examination by CA RK Gupta
About the Course: All the 59 case laws of SC, HC, NCLAT, and NCLT shall be briefly discussed along with tricks to remember the same. Those attending the webinar shall be provided with the complete text of the case laws. Very useful for those appearing for
FM restricted the amount of withdrawal from yes bank at Rs.50,000.
S.O. 993(E).—In exercise of the powers conferred by sub-section (2) of section 45 of the Banking Regulation Act, 1949 (10 of 1949), the Central Government, after considering an application made by the Reserve Bank of India under subsection (1) of that section, hereby makes an
Draft ‘Yes Bank Ltd. Reconstruction Scheme, 2020′
Draft ‘Yes Bank Ltd. Reconstruction Scheme, 2020’ Preamble Yes Bank Ltd. is a banking company registered under the Companies Act, 1956 and carrying on the business of banking in India; The rapidly deteriorating financial position of Yes Bank Ltd. relating to liquidity, capital and other
Information Utility & lodgment of Default under IBC, 2016
Information Utility & lodgment of Default under IBC, 2016 Under the Insolvency & Bankruptcy Code, 2016 it is always very crucial for the Adjudicating Authority and the Insolvency Professionals to identify the reasonableness of default, dispute and other financial information of Debtors such as records
Rajasthan HC in the case of Ultra Tech Nathdwara Cement Ltd.
Citations: Committee of Creditors of Essar Steel India Ltd. Through Authorised Signatory Vs. Satish Kumar Gupta & Ors. HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JODHPUR D.B. Civil Writ Petition No. 9480/2019 Ultra Tech Nathdwara Cement Ltd., (formerly known as Binani Cements Ltd.) Registered Office
Rajasthan High Court quashed the notice against Ultratech cement
Introduction: In concluding remarks Court said “We are of the firm view that the authorities should have adopted a pragmatic GB approach and immediately withdrawn the demands rather than indulging in totally frivolous litigation, thereby unnecessarily adding to the overflowing dockets of cases in
Circulars in relation to Insolvency Professionals & CIRP under Insolvency & Bankruptcy Code, 2016
Circulars in relation to Insolvency Professionals & CIRP under Insolvency & Bankruptcy Code, 2016 Circulars issued by IBBI in the exercise of powers under Clause (e) of sub-section (2) of Section 208 r/w/s 196 of IBC, 2016 regarding certain functions to be performed by every
IBBI Imposes Penalty on an Insolvency Professional; Penalty Levied For Moratorium Violation by Allowing Transfer of Assets of a Corporate Debtor During CIRP
IBBI Imposes Penalty on an Insolvency Professional; Penalty Levied For Moratorium Violation by Allowing Transfer of Assets of a Corporate Debtor During CIRP 1. Brief Facts of the Case:- In exercise of its power under section 218 of the Code read with the IBBI (Inspection
The Provincial Insolvency Act, 1920
The Provincial Insolvency Act, 1920 An Act to consolidate and amend the Law relating to Insolvency 2 * * *, as administered by Courts having jurisdiction outside the Presidency-towns 30 lfc * Whereas it is expedient to consolidate and amend the law relating to insolvency
NCLT in the case of Sunteck Realty Limited Versus Goodwill Theatres Private Limited
Case Covered: Sunteck Realty Limited Versus Goodwill Theatres Private Limited Facts of the Case: This Petition is filed by the Petitioner, Sunteck Realty Limited, under Section 9 of Insolvency & Bankruptcy Code, 2016 (Code) against the Corporate Debtor, Goodwill Theatres Private Limited, alleging that the
IBCMCA Notifies Minimum Default threshold at Rs.10 lakh for MSME pre-pack Insolvency Resolution
MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 4th April 2021/Chaitra 14, 1943 (Saka) THE INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) ORDINANCE, 2021 NO. 3 OF 2021 Promulgated by the President in the Seventy-second Year of the Republic of India. An Ordinance further to
IBCNCLT don’t have rights to declare any provision ultra vires (Pdf Attach)
In a recent judgment by Delhi High court has observed that NCLT dont have the power of assuming the IBC as ultra vires. Introduction In the case of “Insolvency and Bankruptcy Board of India vs. State Bank of India & Ors. (2022),” as reported on
FAQs
Questions people often ask
About Our Blog
Getting Help Beyond the Blog
Content & Accuracy
Download the app
Expert help is just one call away.
Join thousands who already use Consultease for quick, trusted, and private advice on tax, business, property, and personal matters.