Month / August 2022
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Surety’s Right of Subrogation under IBC:
Since the advent of IBC, the issue relating to the right of subrogation of the surety under Sections 140 and 141 of the Indian Contracts Act, 1872 has become a talking point…
August 4, 2022 -
Vidarbha Industries Power Limited -vs- Axis bank Limited
Admission of application u/s 7 of IBC is not a mechanical process In an appeal filed by Vidarbha Industries Power Limited (“VIPL”) against the order of NCLAT whereby the NCLAT refused to…
August 4, 2022 -
Doctrine of Indoor Management
Shruti S Sareen, Associate Partner & Bhavya Guliani, Trainee Associate The Doctrine of Indoor Management famously known as Turquand’s Law is a 150 year old rule which protects outsiders against the actions…
August 4, 2022
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