
PERIOD OF LIMITATION STARTS FROM THE DATE OF DEFAULT, NOT FROM THE DATE OF DECREE: NCLAT
In a recent judgment Sh G Eswara Rao vs. Stressed Assets Stabilisation Fund[i] National Company Law Appellate Tribunal (“NCLAT”), the appellate tribunal under the Insolvency & Bankruptcy Code, 2016 (“I&B Code”) held that period of

ENFORCEABILITY OF EXPARTE FOREIGN JUDGMENTS IN INDIA
The Government of India on 17th January 2020 notified UAE as a ‘reciprocating territory’ for allowing enforcement of judgments passed by UAE courts in India. This notification is issued following execution of India-UAE Agreement in

The Indian Stamp Act 1899 – Amendments-w.e.f. April 1, 2020
“The amendment propose to create the legal and institutional mechanism to enable states to collect stamp duty on securities market instruments at one place by one agency (i.e. through the Stock Exchanges or Clearing Corporations

ENFORCEMENT OF UAE JUDGMENTS IN INDIA – PROCESS & CHALLENGES
In a recent Notification dated 17th January 2020 (“Notification”), the Government of India declared UAE as a ‘reciprocating territory’ for the purpose of enforcing judgments passed by UAE courts in India. The Notification was issued

New Winding-up Rules notified by MCA eases process of closing small businesses
The Ministry of Corporate Affairs (“MCA”) vide its notification dated 24th January, 2020 has notified the long awaited rules for winding up i.e. Companies (Winding Up) Rules, 2020 (“Winding-up Rules”). The Winding-up Rules will come

BANKRUPTCY CODE – PUBLIC ANNOUNCEMENTS
List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims Sr.No NCLT Corporate Debtor Name of Insolvency Professional Insolvency Commencement Date Last Date For Submission Of
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