This issue of MMJC insights dated 18 March 2022 covers the following: KMP – Full time Function or Full Time for Company? Interpretation of Section 29A(h) of IBC – wherein it was held that Once application for insolvency resolution is admitted on behalf of one creditor, then all creditors of same class would have their
This covers the following cases: Board of Directors need to justify the decisions taken in the meeting as to how they were in best interest of company. Merely mentioning so without validating it with facts is not acceptable – Final Order of the Whole Time Member in the matter of Landmark Leisure Corporation Ltd dated