ILB is an initiative of GLC & Partners

** This blog was co-published as a news item on https://legaldesire.com/insolvency-process-can-continue-despite-assets-of-corporate-debtor-being-attached-by-ed/ The case for the Applicant Resolution Professional was argued by one of our members – Counsel Krishna Grandhi of GLC & Partners. The National Company Law Tribunal (NCLT), Hyderabad Bench, has delivered an important ruling impacting several ongoing tussles between the Prevention of Money...

A patent gives an exclusive right to the patentee to prevent his invention from the act of making, using, offering for sale, selling or importing such invention by third party without his consent. Any party indulging in any such acts violates the monopoly rights of the patentee which constitute infringement of a patent. The patent...

This Article is written from the perspective of an employer. Representations are the statements of past or present facts whereas warranties are the promise of current and future conditions. Every contract includes Representations and Warranties and these are the underlying facts as presented by one party to another to induce them to enter into a contract...

“Gandhi’s trusteeship principle is with which profit-making cannot be devoid of social responsibility”, said the country’s Corporate Affairs Minister, Nirmala Sitharaman during the session in Rajya Sabha for the passing of the Companies (Amendment) Act, 2019. The Companies (Amendment) Bill, 2019 was passed by the Lok Sabha on 26th July 2019 and by the Rajya...

The Insolvency and bankruptcy Code (Amendment) Amendment, 2018 has been brought into force on 6th June 2018, which has been regarded as one of the most prominent and substantive amendment to the code till now. This amendment seeks out to remove the loopholes which ought to reduce the efficiency of the Code and also to...