Insolvency and Bankruptcy Code: Settlement of admitted Insolvency petition

Initially when the Insolvency and Bankruptcy Code (IBC) was introduced, there was no provision giving NCLT and NCLAT to allow parties to withdraw their insolvency petition which has been admitted. There was a case when NCLAT refused to exercise its inherent power under rule 1 of NCLAT rules, when the same plea was urged in […]

Admissibility and Perplexity of Electronic Evidence

Now a days if we compare ourselves from earlier times, it has completely changed, as in today’s world use of computers became a necessity in everyone’s lives. People start switching to computers for their home and business needs. Perhaps nothing symbolises the start of the Indian digital revolution better than the introduction of the Information […]

Condonation of delay in commercial courts Act; what the Delhi HC has held

Reiterating the condonation of delay by court must be on a sufficient ground, the Delhi High Court has held that the condonation of delay for filing of an appeal under section 37 of Arbitration and Conciliation Act, 1996 read with section 13 of commercial court, commercial division and commercial appellate division of the High Court […]