Tag: Insolvency and Bankruptcy

Impact of Provident Fund Dues on Approval of Resolution Plans under the Insolvency and Bankruptcy Code, 2016

Employee Provident Fund (“EPF”) dues pertain to contributions that are to be made by the employer on behalf of the employee as a part of the employee welfare scheme mandated by the Employees Provident Fund

Balance sheet entries can amount to acknowledgement of debt under Section 18 of Limitation Act

The Supreme Court in Asset Reconstruction Company (India) Limited vs. Bishal Jaiswal & Anr.[1] has ruled that entries in balance sheets can amount to acknowledgement of debt for the purpose of extending limitation under Section

INDIALAW LLP IN NEWS (THE ECONOMIC TIMES– MUMBAI EDITION , 17 FEBRUARY 2020)

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

Shiju, Sr. partner explaining the implications of Essar judgment on IBC process on CNBC

IndiaLaw LLP in News (Business Standard – Mumbai Edition , 09 December 2019)