by admin | Nov 15, 2024 | Updates
Introduction In insolvency proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC), the Resolution Professional (RP) plays a vital yet limited role, particularly during the initial stages of filing an application. Sections 94 and 95 of the IBC govern...
by admin | Nov 15, 2024 | Updates
Introduction: Arbitration is an alternative dispute resolution mechanism that aims to minimize judicial intervention, enabling parties to resolve disputes outside the traditional court system. This approach is valued for its efficiency, and flexibility, as it...
by admin | Nov 15, 2024 | Updates
Introduction An Assessing Officer (AO) is a representative of the Income Tax Department who has the power to conduct assessments of income tax returns filed by taxpayers. Prior to 01st April, 1989 amendment, AO had broad powers to reopen assessments under Section 147...
by admin | Nov 15, 2024 | Updates
Introduction In arbitration proceedings, a composite reference allows disputes arising from multiple, interconnected contracts to be addressed collectively within a single arbitration. This approach becomes particularly relevant when the agreements are so intricately...
by admin | Nov 15, 2024 | Updates
Introduction One of the most pivotal decisions parties faces when entering into an arbitration agreement is selecting the governing law that will dictate the legal framework for the proceedings. This choice is not merely a procedural formality; it profoundly impacts...
