INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) ACT, 2019 – KEY CHANGES
Background The Insolvency and Bankruptcy Code, 2016 (Code) is one of the most significant measures undertaken by the Government to address the substantial increase in the level of distressed debt in India. The Code sets out a time-bound insolvency resolution process for defaulting corporate debtors and introduces a creditor-in-possession model whereby a committee of creditors […]
UV TECHNOLOGY & REGULATIONS
Pandemic Panic COVID-19 pandemic virtually derails the whole world and makes the entire system stands still. Longer the time it keeps us in, more is the anxiety to come out of it, but in this difficult times what is more required is not just a simple solution but safe solution. Look around, there always been […]
What are Business Legal Compliances
Business legal compliance or statutory compliance is a self-explanatory term, but its absence in most of the businesses shows lacks of knowledge rather than lack of willingness. In this article, we tried to detangle complex legal compliance terminology on it’s the simple and true sense. “Business” in it simple words; an occupation or trade which […]
What is the meaning of ” Force Majeure “
“Force Majeure”, Yes, the widely known term but also the lesser understand term, when this term comes to play, everything else just suspends. Since, the motto of this platform is “Complex to Simple”; here is the simple meaning of force majeure; Circumstances beyond one’s control, one understood there is no harm touching the core. Defined […]
How to transform my business to e-business
Most of the businesses in the world are in the mode of transformation and exciting enough to elevate themselves to e-world, E-Technology. IT has played a pivotal role in the transformation of the businesses and proved it’s iron. Believe us, having one legally is not rocket science, once understood it as simple as a click […]