Sachin Bansal’s Big Ticket Investment of 739 Crore In A NBFC Creates Ripples in The Financial World
The poster boy of the Indian start-up industry, Sachin Bansal, famously known as the Flipkart co-founder, has been hogging the limelight recently, as he seems to be on a [...]
Bankruptcy for Individuals & Partnership Firms
Bankruptcy as the term implies refers to the legal status of a person or entity wherein it is unable to repay the debts of its creditors. In other words, [...]
Adjudicating Authority for Individuals & Partnership Firms
The banks and financial institutions had been facing numerous difficulties and hindrances in recovering their loans and thereafter getting the securities enforced as charged with them. As a result [...]
Types of Preference Shares
Preference shares is the term given to the shares of priority compared to the equity shares. These shares are bound with preferential right to get the dividends declared by the [...]
E Form DIR 5 : “Ease of surrendering DIN”
DIN surrender has become a heated issue in the present time. The matter became buzzword when Regional Director, Noida issued a show-cause notice to approximately 2.4 lakh directors for [...]
Fresh Start Process
The Insolvency and Bankruptcy code is a landmark piece of legislation providing a facelift to the existing regime in the areas of restructuring and the insolvency and bankruptcy in [...]
Recovery of Debts by Financial Creditors
The Insolvency and the Bankruptcy Code was drafted and enacted to consolidate and amend the laws in relation to reorganization and insolvency resolution of Corporate Persons, Individuals, and Partnership [...]
Recovery of Debts by Operational Creditors
The Insolvency and the Bankruptcy Code was drafted and enacted to consolidate and amend the laws in relation to reorganization and insolvency resolution of Corporate Persons, Individuals, and Partnership [...]
DIR-5: “Exit Route for Surrendering DIN”
DIN is linked with the Permanent Account Number (PAN) or Passport of the applicant and so a person intending to become a director is allowed to obtain one DIN [...]
Process for Issue of Preference Shares
Preference shares are the equity shares which hold a certain degree of priority benefits. In other words, these are equity shares with added benefits. The holder of this type of [...]
Recovery of Debts by Individuals
Ever since the inception of business the recovery of the pending payments has been a haunting process. The business owners have to go through numerous sleepless nights in tension [...]
Recovery of Debts via IBC
In the current era of budding and thriving competitive business environment to upscale the business and to meet the need of working capital the business entity requires immediate funds [...]