Question
Who are the persons who are not eligible to make an
application for the initiation of the corporate insolvency resolution process under the IBC?Solution
Section 6-Persons who may initiate corporate insolvency resolution process: Where any corporate debtor commits a default, a financial creditor, an operational creditor or the corporate debtor itself may initiate corporate insolvency resolution process in respect of such corporate debtor in the manner as provided under this Chapter.
Under section 428, the period of detention undergone by a convict cannot be set off during
A sells to B, by deed, “my house in Calcutta”. A had no house in Calcutta, but it appears that he had a house at Howrah, of which B had been in poss...
The case of Pickard v. Sears is related
One of the objectives of the Indian Constitution is ‘Economic Justice’. It has been provided under which of the following?
Authorities jointly responsible for implementation and enforcement of FSSA, 2006 is
Dying declaration is made admissible under which section of the Indian Evidence Act, 1872?
Whoever counterfeits, or knowingly performs any part of the process of counterfeiting, any currency-note or bank-note, shall be punished with___________...
What is the punishment for attempt u/s 15 of the Prevention of Corruption Act, 1988?
Suit for recovery of possession of immovable property under section 6 of Specific Relief Act can be filed:
Section 4 of the Specific Relief Act, 1963, states that this Act can only be used to enforce _______ and NOT to enforce penal laws.