Once a Resolution Plan is approved by the Adjudicating Authority, the same, irrespective of whether or not they participated in the CIRP, binds all creditors and any claims not forming part of the approved Resolution Plan shall stand extinguished.
On August 23, 2024, the Insolvency and Bankruptcy Board of India (IBBI) introduced a discussion paper proposing crucial amendments to the IBBI(Corporate Insolvency Resolution Process) Regulations, 2017 (CIRP Regulations).
While Social Impact Assessment (SIA) has become significant in evaluating the potential effects of projects, programs, and policies on communities and social st..
Section 2(22) of the Income-tax Act, 1961 (the Act), deals with Dividends. Sub-clause (e) of section 2 sub-section (22) of the Act includes payments made by a private company by way of advance or loan to a shareholder
The GST Council is considering reducing the GST on life, health, and reinsurance premiums, currently at 18%.
Voluntary adoption of Business Responsibility and Sustainability Reporting (BRSR) brings numerous benefits to organizations, enhancing their reputation, risk management, financial performance, and strategic decision-making.
As India celebrates its 78th Independence Day, it's essential to reflect on the radical shift in the ideals of the youth during the pre-independence era and today.
In this article, we'll explore the process and benefits of converting a Sole Proprietorship into a Private Limited Company.
A lease is a contractual arrangement between owner (lessor) & user (lessee) whereby one party, the lessor, grants the right to use a particular assets (such as a parcel of land, building, equipment, or machinery etc.) for a specific period and under specified conditions to the other party, the lessee.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)