Summary: In this case, RP filed an application seeking post-facto approval for the payment of pre-CIRP dues, which were made to avoid work stoppage, termination of contracts, invocation of bank guarantees and to maintain the CD as a going concern. Hon’ble NCLT Hyderabad Bench held that: (i) There is no provision under IBC or regulations […]
The Problem with Current Registration The Supreme Court has clearly said that our property registration laws are outdated. They are based on colonial-era legislation — the Registration Act of 1908, the Stamp Act of 1899, and the Transfer of Property Act of 1882. And because the system is old and fragmented, property buyers face serious […]
