Category: Trending

MAGISTRATES GET A GREEN FLAG IN EXERCISING SUO MOTO TO ORDER FURTHER INVESTIGATION UNDER CrPC.

nclt

The Supreme Court of India, in an attempt to safeguard the rights of the innocent, as envisaged under Article 21 of the Constitution of India, has extended a few powers of investigation to the magistrates. Before this landmark judgment, some judgments restricted the Magistrates to direct investigation in cases, u/s 156 (3) of the Criminal […]

Pending Suits Against Either of The Parties Is No Basis Of Halting The Insolvency Proceedings U/S 7 OF THE IBC

IBC lawyer

The National Company Law Appellate Tribunal (NCLAT) has yet again come out with an elemental judgment concerning the initiation of proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC).    This time the judgment revolves around the corporate debtor (CD) and the Financial Creditor (FC) and the crux of it remains that a suit pending […]