
Limitation period for filing applications under I&B Code
The Hon’ble Supreme Court, in Tech Sharp Engineers Private Limited v. Sanghvi Movers Limited (Civil Appeal No. 296 of 2020), on September 19, 2022, held “a claim may not be barred by limitation, it is

Resolution Plan that fails to address Statutory Dues is bound to be rejected by the Adjudicating Authority: Supreme Court
The Hon’ble Division Bench, Supreme Court comprising of Justice Indira Banerjee, and Justice A.S. Bopanna, in State Tax Officer (1) v. Rainbow Papers Limited (Civil Appeal No. 1664 of 2020), on 6th September, 2022, held that a

LIABILITY OF A PERSONAL GUARANTOR SHALL NOT EXTINGUISH UPON SUBSEQUENT RENUNCIATION OF INDIAN CITIZENSHIP: NCLT KOLKATA BENCH
NCLT Kolkata Bench, comprising of Shri Rohit Kapoor, Member (Judicial) and Shri Harish Chander Suri, Member (Technical), in SBI v. Sudip Bijoy Dutta, Director of Ess Dee Aluminium Ltd.(Company Petition No. 54/KB/ 2021), on 16th June, 2022

GOVT. OF MAHARASHTRA EASES THE PROCESS OF CONVERTING AGRICULTURAL LAND FOR NON-AGRICULTURAL PURPOSES:
The process of converting the agricultural land for Non-Agricultural (N.A.) usage which routinely took months and sometimes years and running from pillar to post, has now been made easy with an amendment to Sections 42

MATTERS CAN BE REFERRED TO ARBITRATION UNDER MSMED ACT, THOUGH THERE IS NO PRIOR ARBITRATION AGREEMENT
The Punjab and Haryana High Court bench comprising Justice Lisa Gill in a recent judgment1 held that even though there is no arbitration agreement between the parties, the dispute can be referred to arbitration as
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