In a recent judgement (Simplex Infrastructure Limited Vs Union of India) dated 05.12.2018, Supreme Court of India dealt with the issue of condoning the delay in challenging an arbitration award under section 34 of the Arbitration and Conciliation Act ..
The provisions dealing with the liquidation of corporate persons are imbibed in the chapter III of the part II of the Insolvency and Bankruptcy code.We at MUDS on having a glance at chapter III derived the interpretation that liquidation process can ..
India being a country of Adhoc arbitrations, the responsibility to manage the arbitrations also is on the arbitrators. The said Management of the case includes framing of arbitration procedure, arranging meetings, fixing deadlines, drafting of procee ..
Arbitration is the private dispute resolution mechanism which is proved to be an effective alternate to the regular National Court dispute resolution through litigations in India. To become an arbitrator, there is no requirement of a legal or technic ..
INTRODUCTION As its name suggest employee stock ownership plan is an extensive employee benefits offering that works as a meaningful way to drive employee satisfaction, motivation and retention.Whereas the employee benefit plan such as medical, life ..
Even though arbitration is a private mechanism for resolving commercial disputes, the supervising courts have powers to supervise the arbitration and even to set aside an arbitration award on the grounds provided in the procedural law of the country. ..
Insolvency refers to the circumstances when a company or an individual cannot meet financial obligations or repay any outstanding financial loan owed to lenders. The company or individual may prevent insolvency proceedings from being initiated agains ..
Preface of the Rules:Financial Action Task Force (FATF)an inter-governmental body established in 1989 formed with the objective to set standards and promote effective implementation of legal, regulatory and operational measures for combating money la ..
IntroductionIt would be a travesty to state that the Companies Act, 2013 (hereinafter �the Act�) has stabilized in its operation since it received the stamp ..
WARNING BELL:2017 saw some stringent action by MCA against erring companies and as a result RoCs removed approximately 2,30,000 companies from the register of companies. Since then, the media has been reporting of an extensive crack down on non-compl ..
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