Knowledge Bank

Supreme Court examines underlying transaction to classify security deposit as financial debt under IBC

Holds that the amounts received under the agreement for appointment as ‘Sales Promoter’ had the commercial effect of borrowing

Big relief for DMRC: Supreme Court exercises its curative jurisdiction to set aside its judgment in the Delhi Airport Metro dispute

The Apex Court had earlier refused to interfere in exercise of its review jurisdiction

Constitution Bench of the Supreme Court overrules the judgment in ‘Asian Resurfacing’

No automatic vacation of stay orders granted by the High Courts after six months

Latest amendment to the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

Focus on increasing transparency and supporting real estate sector