Analysis of impact of section 32A of IBC
Dated 28th October, 2020 Art 32A was added by amendment in Insolvency and Bankruptcy Code (Amendment) Act, 2020 (Amendment Act) by receiving the President's Assent on 13 March 2020. The…
Difference Between Agreement to sell, Agreement of sale, Agreement for sale and Conveyance deed
Dated 4th November, 2020 AGREEMENT TO SELL- A right in personam Section 4(3) of Sale of Goods Act, defines an Agreement to Sell as, “where the transfer of the property…
Lease and License
Dated 24th August, 2020 Lease and License are used interchangeably and are considered as synonyms in layman’s terms albeit in actuality they have different legal meanings which we will deal…
Non Reply of Legal Notice
Dated 23rd August, 2020 What is a legal Notice? Legal Notice is a formal written document which highlights the grievance of the sender and the corrective remedy sought, or it…
Novation and Altercation of Contract
Dated 10th September, 2020 NOVATION Section 62 of the Indian Contract Act, 1872, deals with the Doctrine of Novation. The expression "Novation" essentially refers to substitution of a new contract…
Doctrine of Promissory Estoppel
Dated 10th September, 2020 The Doctrine of Estoppel in The Indian Contracts Act is presumed to be effective wherein a person is prohibited from non-performance of any act or obligation…
Acquisition of property by Non-Resident Indians
Dated 1st September, 2020 The Foreign Exchange Management Act, 1999 (FEMA) has empowered the Reserve Bank of India to frame regulations in accordance with section 6, Clause 3, which provides…
Charge and Hypothecation
Dated 14th December, 2020 The people are always confused between Charge and Hypothecation which seems to be similar but in legal parlance holds two different grounds. For the simplification of…
Analysis of the Extension of the Moratorium Granted by the Maharashtra Real Estate Regulatory Authority by Invoking the ‘Force Majeure’ Clause
Dated 4th September, 2020 With the outbreak of the global COVID-19 (Corona Virus) Pandemic and the nation-wide complete lockdown effectuated from March 2020; the entire nation has witnessed a standstill.…
Homebuyers Cannot Initiate CIRP To Execute a RERA Decree
Dated 2nd September, 2020 Homebuyers as defined under Section 2(d) of the Real Estate (Regulation and Development) Act, 2016 were given the status of “Financial Creditors” under the Insolvency and…