Author name: LegalAcademia

Misha Jain The idea of Social Justice can be traced back to the 19th century during the course of the Industrial Revolution, as efforts were made to promote a more egalitarian society and to reduce the exploitation of few marginalized groups due to the vast inequality between rich and poor at that time. This concept […]

Though the Code has brought valuable changes to the existing laws and provided an efficient process of dealing with the insolvency and bankruptcy of the corporate persons but at the same time there are certain critical issues and predicaments which are being faced by the Code. These difficulties need to be resolved so that the

4.1 INTRODUCTION Medha Sarin The Supreme Court and High Courts have time and again interpreted the provisions of governing the IBC and Arbitrationlaws and at the same time progressive even, in evolving definite principles for complying with the provisions of some sectionsspecifically section 8 and section 7 of IBC laws, Arbitration & Conciliation Act is a special law, consolidating and amending the

Shubhangi Tiwari The persistence behind coming of Insolvency and Bankruptcy Code, 2016 (“IBC”) is to curtail down the willful defaulters and revive the Company/Corporate Debtor so as to protect the interests of the creditors of the Corporate Debtor.  Any creditor or employer, to whom the Corporate Debtor owes, can approach the Adjudicating Authority (National Company Law Tribunal “NCLT”) upon