The Concept of Force Majeure during COVID-19

COVID-19 crisis seems to have taken over our lives without any seeming end to it. This pandemic has made way for a nationwide lockdown which has brought up many problems that we didn’t have before. One of which is conducting business while keeping up with limitations of a lockdown. The World Health Organisation officially declaredContinue reading “The Concept of Force Majeure during COVID-19”

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?”

Understanding Section 56 of the Indian Contract Act, 1872

People all over the world undertake contractual obligations by entering into contracts for doing or abstaining from doing an act. When a proposal from one side is accepted by the other, forming consideration for each other, an agreement is set up. A contract is an agreement which is enforced by law.[1] The conditions of enforceabilityContinue reading “Understanding Section 56 of the Indian Contract Act, 1872”

COVID-19: Impact on Commercial Contracts

Executive Summary Coronavirus is amongst the foremost causes for concern in present times has caused a lot of destruction to mankind. Commercial contracts have become frustrated and impossible to perform due to the pandemic. The parties obliged to perform their duty are afraid of the consequences followed by delinquency. This article talks about concepts likeContinue reading “COVID-19: Impact on Commercial Contracts”

Impact of COVID-19 on Corporate Insolvency Resolution Process

The Insolvency and Bankruptcy Code, 2016 The Insolvency and Bankruptcy Code, 2016 (‘IBC’ or ‘IBC, 2016’ or ‘Code’) was brought into the picture for improvement of ease of doing business in India. It was notified by the Government of India (GOI) on 28.05.2016. This led to the simplification of various processes where instead of companiesContinue reading “Impact of COVID-19 on Corporate Insolvency Resolution Process”

COVID-19: Force Majeure and Its Impact on Performance of Contract

We are all aware of the ongoing Pandemic (COVID-19), which has adversely affected human lives across the globe. To prevent its further spread, many countries, including India, have taken various precautionary measures. One such measure is ‘Lockdown’ wherein all economic and business activities are kept on hold for a temporary period. However, it may continueContinue reading “COVID-19: Force Majeure and Its Impact on Performance of Contract”

Combating Intimate Terrorism

The world certainly is not a stranger to the acts of domestic violence. According to the World Health Organisation 1/3rd women across the globe who have been in a relationship have been subjected to some kind of physical or sexual violence by their intimate partners[1].  Research proves that in crises, there has always been anContinue reading “Combating Intimate Terrorism”

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”

Insolvency Law’s response to COVID-19

With 42,68,496 confirmed cases and 2,87,463 deaths across the world, the deadly coronavirus has created a turbulence in the social, political and economic environment. India, too, is fighting against the pandemic and has not been pardoned the distress caused by the virus. To prevent further anguish the government has imposed a lockdown all over theContinue reading “Insolvency Law’s response to COVID-19”

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”