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Introduction The insolvency legal landscape regarding the sacrosanct nature of timelines under the IBC has always been a topic of altercation. One of the fundamental jurisdictional questions is whether the NCLT can wield its discretionary power to condone delays in filing an appeal against a liquidator’s decision. Such a question becomes even more pertinent in light of the unprecedented extensions […]

Introduction The Supreme Court of India once delivered a pivotal verdict that fundamentally secured the soul of the Republic. The case of Kesavananda Bharati v. State of Kerala1 introduced the Basic Structure Doctrine, an ingenious and revolutionary constitutional fortress. Emerging at the climax of a bitter judicial-executive rivalry, this doctrine established a profound, unyielding check on political power, affirming that […]

Introduction  Could the financial troubles of a company force its partners to personally empty their own pockets to cover the debt? This core legal question, critical for businesses structured as a LLP1, was recently addressed by the Bombay High Court. In a significant ruling, the Court categorically stated that partners of an LLP cannot be held personally liable to satisfy […]