IBC – Insights into the Development of the Law and its Analysis

The rationale behind various legislations that are coming into force in recent times is to bring various legislations dealing with similar issues under a single umbrella. The development of the Insolvency and Bankruptcy Code (hereinafter “IBC”) can be attributed to the same quest of the legislators to bring laws pertaining to sick companies under aContinue reading “IBC – Insights into the Development of the Law and its Analysis”

Insolvency and Bankruptcy Code: Bane or Boon?

The Insolvency and Bankruptcy Code, 2016 is an Act that is targeted to deal with the insolvency process of companies in the corporate sector. Previously, there existed many laws to deal with cases pertaining to the process of Insolvency but now the government has taken a bold step by introducing a single law to dealContinue reading “Insolvency and Bankruptcy Code: Bane or Boon?”

Securitization Process

In its most basic sense, securitization is the process of turning assets into securities. It is the process by which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the packaged instruments to investors.  Securitization is a process by which a company clubs its different financial assetsContinue reading “Securitization Process”

Evolution of Banking in India

Section 5 of the Banking Regulation Act, 1949 provides the definition of Banking as: “Banking is the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawal by cheque, draft, order or otherwise” The financial sector of a country is very critical forContinue reading “Evolution of Banking in India”

Investigating Corporate Legal Fraud

White Collar Crimes are those which are committed by respectable persons, holding enviable positions, either in public or private entities. One such white collar crime is Corporate Fraud. In the broad sense, “fraud” is an intentional deception made for personal gain or to damage another person/entity. It is understood that ‘Fraus Omnia Vitiate’, i.e., fraudContinue reading “Investigating Corporate Legal Fraud”