ARBITRA – Your Monthly Guide to Navigate the Evolving Landscape of Arbitration
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Read More ››The National Company Law Appellate Tribunal (NCLAT) in Maharashtra State Electricity Distribution Company Ltd. & Anr. Versus Ravi Sethia Resolution Professional of Morarjee Textiles Ltd.1 held that the supply of electricity, being an essential service, cannot be discontinued during the Corporate Insolvency Resolution Process (CIRP) under Section 14 of the Insolvency and Bankruptcy Code, 2016 (Code). The Corporate Debtor was […]
Read More ››The corporate landscape often presents a complex web of interconnected entities, operating under a common umbrella yet maintaining distinct legal identities. But what happens when one or more threads of this web begin to fray, threatening the stability of the entire structure? How does the legal framework in India address the insolvency of such a group, where individual companies, despite […]
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