Case Summary

Analysis of Section 7(5) of IBC in light of Vidharbha Industries Power Limited V/s Axis Bank case

Vidharbha Industries Power Limited Vs Axis Bank case

3D tests to be followed by Adjudicating authority while admitting application for initiation of Corporate Insolvency Resolution Process(CIRP) by a corporate debtor. A financial creditor may under Section 7 of the 2016 Insolvency and Bankruptcy Code file an application before the adjudicating authority for initiation of the Corporate Insolvency Resolution Process(CIRP). Section 7(5)(a) states that …

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Nagar Chaurasi- The Symbolism of Unity In Diversity

Nagar Chaurasi- The Symbolism of Unity In Diversity

The Nagar Chaurasi tradition of Rajgarh got registered in multiple world record books by getting a place on Wikipedia.Through Wikipedia, people from all over the world will also read about Nagar Chaurasi which signifies unity in diversity. It is a very proud moment for the whole country and this time 26th Nagar Chaurasi was organized …

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Shreya Singhal Vs. Union of India

Title- Shreya Singhal Vs. Union of India Date of Judgment: 24 March,2015 Bench: J. Chelameswar, Rohinton Fali Nariman Law Points: Sec 66 A of Information technology, Act Facts Two women named Shaheen Dhada and Rinu Srinivasan were arrested in 2012 in Mumbai when one of them posted a statement criticizing the bandh by Shiv Sena …

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Solaman vs Solaman case study

Title: Solaman vs Solaman Citation: (1897) AC 22 (1896) UKHL 1 Benches: Lord Halsbury L.C., Lord Watson., Lord Herschell., Lord Macnaghten., Lord Morris., Lord Davey. Law Points:  Section 6,8,30 and 43 of Companies Act, 1862 Background Basically, company law is set up on the concept of Separate Legal Personality. In Corporate Jurisprudence, the main rule …

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