Tag: Devahuti Tamuli

DELAYED POSSESSION: NCDRC DIRECTS BUILDER TO REFUND ENTIRE AMOUNT RECEIVED FROM THE BUYER

The Real Estate today is one of the biggest sectors and a driving force of the Indian economy. However it is not without any deficiencies, the foremost being unexplainable delay on the part of builders in delivering possession to the customers who invest their hard earned money in the hope of having a dream home.…
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APPLICABILITY OF THE LAW OF LIMITATION TO PROCEEDINGS UNDER INSOLVENCY AND BANKRUPTCY CODE (IBC)

Law governing insolvency, liquidation and reorganisation has seen a paradigm shift with the enactment of the Insolvency and Bankruptcy Code (”the Code” or IBC for short). The fundamental change in approach to the law relating to insolvency and reorganisation of defaulting or non performing business entities is aimed at maximising value of assets, promote entrepreneurship,…
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NOTIFICATION DATED 24th MARCH 2020 OF MINISTRY OF CORPORATE AFFAIRS ENHANCING THRESHOLD OF DEFAULT TO OPERATE PROSPECTIVELY

With the imposition of nationwide lockdown due to the COVID-19 pandemic, the central government felt that small to medium enterprises may not be able to meet the timelines for repayment of their loans thereby getting dragged in insolvency and resolution proceedings under the IBC. To address this concern the central government in exercise of powers…
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DRAFT ENVIRONMENT IMPACT ASSESSMENT (EIA) 2020- AN ANALYSIS

Environmental law in India has gone through an enormous change over the years. Initially, India lacked a comprehensive environmental legislation to cover within its ambit the evolving issues related to the environment. …