The article discusses India's ranking in the Ease of Doing Business Index, highlighting its challenges in resolving insolvency-related problems, which negatively impact foreign investment. To address these issues, India passed the Insolvency and Bankruptcy Code in 2016, aiming at creating a unified framework for insolvency resolution. The article outlines the key features of the code, including strict timelines, infrastructure development, and processes for corporate and individual bankruptcy.
Read Full ArticleIndian carrier SpiceJet accused of 'cannibalizing' grounded flight engine by flight engine finance lessor before the Delhi High Court.
Merely using the phrase that departure of a person will affect the economic interests of the country alone is not sufficient to sustain an LOC, the Delhi High Court has held while hearing a person's challenge to a Look Out Circular issued against him. What is the relation between 'country's economic interests' & Look Out Circular? Find out here.
Supreme Court grants bail to undertrial jailed for over 9 years, holding that prolonged incarceration violates Article 21 right to speedy trial.
27 May, 2026 07:16 PM
Explore why 5.25L+ NGOs prefer Section 8 Company Registration for legal credibility, CSR funding access, tax benefits, and structured growth.
27 May, 2026 06:05 PM
Orissa HC refused to quash proceedings in a crypto fraud case, holding cryptocurrency cannot shield accused persons from criminal liability for fraud.
27 May, 2026 05:29 PM
Bombay High Court set aside a divorce decree, holding wives are not maids, and awarded the wife Rs 20,000 monthly maintenance and housing support.
27 May, 2026 04:13 PM
Supreme Court upholds Bihar’s 2025 Special Intensive Revision of electoral rolls, affirming ECI’s constitutional power under Article 324.
27 May, 2026 03:07 PM
Supreme Court quashes criminal and DV proceedings against husband’s relatives, holding vague and general allegations are insufficient.
27 May, 2026 02:43 PM
![Merely stating person's departure will 'affect country's economic interests' insufficient for LOC: Delhi HC [Read Judgment]](/secure/uploads/2023/12/lj_6791_WhatsApp_Image_2023-12-29_at_4.12.22_PM.jpeg)
