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.
SC asserts that bail conditions must be fair and reasonable, ensuring accused’s presence without infringing civil rights, overturns Madhya Pradesh HC’s excessive terms.
04 November, 2024 11:55 AMSC relaxes bail condition for Kerala journalist Sidhique Kappan, removing weekly police station visits in UAPA case linked to Hathras incident.
04 November, 2024 05:16 PMSCBA, SCAORA condemn Ghaziabad court incident, demand inquiry, dismissal of judge, police, and Advocate Protection Act to prevent future violence.
04 November, 2024 11:18 AMSC denies interim relief to death row convict Rajoana; grants Punjab two weeks to respond on plea over delay in mercy petition. Next hearing on Nov 18.
04 November, 2024 03:56 PMSC urges Delhi govt to consider a perpetual firecracker ban amid alarming post-Diwali pollution; seeks report on enforcement and future steps to curb pollution.
04 November, 2024 05:52 PM