ArticlePayment Of Gratuity Act, 1972 - The Case Of ComputationThe incumbent government in its interim budget presented on 1st February 2019 has raised the gratuity limit to Rs. 30 Lakhs. IndiaEmployment and HRDhaval Vussonji & Associates
ArticleBalancing Development With Environmental Needs: The Economic Sensitive Zone Of The Sanjay Gandhi National ParkAn Eco-Sensitive Zone ("ESZ") is a buffer zone surrounding the national parks, sanctuaries, and wildlife corridors in the country (collectively, "Protected Areas"), ...IndiaReal Estate and ConstructionDhaval Vussonji & Associates
ArticleHiba Under Muslim LawIt is advised that the Parties should make payment of applicable stamp duty on gift as per the relevant stamp act of the State, on such Declaration of Oral Gift or Hiba...IndiaReal Estate and ConstructionDhaval Vussonji & Associates
ArticleThin Line Between Contractual Dispute And IBCUnder Section 14 of the Insolvency and Bankruptcy Code, 2016 ("IBC"), once a company enters Corporate Insolvency Resolution Process ("CIRP"), a moratorium is declared to protect its assets and maintain it as a going concern.IndiaInsolvency/Bankruptcy/Re-StructuringDhaval Vussonji & Associates
ArticlePrecautions And Steps For The Registration Of DocumentsThe Corona Virus pandemic has had a severe impact on all aspects of people's lives as India remains to be in lockdown. IndiaCoronavirus (COVID-19)Dhaval Vussonji & Associates
ArticleCalm Period Under Section 14 Of IBC: Causing Storm For Secured Creditors?A resolution plan can be approved only with the affirmative vote of creditors having at least 75% of the voting share by value in the Committee of Creditors.IndiaCorporate/Commercial LawDhaval Vussonji & Associates
ArticleSupreme Court On Suspension Of Limitation PeriodDue to the outbreak and rapid spread of covid-19 pandemic, the Government of Maharashtra, Public Health Department, issued notification dated March 14, 2020...IndiaLitigation, Mediation & ArbitrationDhaval Vussonji & Associates
ArticleSEBI's Proposal For Strengthening The Governance Mechanism Of Alternative Investment Funds ("AIFs")Regulations 16(1)(c) and 17(c) of AIF Regulations currently place a restriction on borrowing or engaging in any leverage except for meeting temporary funding requirements by Category I and II AIFs. IndiaStrategyDhaval Vussonji & Associates
ArticleAcknowledgement Of Debt‘Acknowledgement' generally means acceptance or admission of something that exists. IndiaCorporate/Commercial LawDhaval Vussonji & Associates
ArticlePower Of Hon'ble National Company Law Appellate Tribunal To Recall Its Judgement.The National Company Law Appellate Tribunal ("NCLAT") is a quasi-judicial body constituted under Section 410 of Companies Act 2013 to hear appeals against the orders of National Company Law Tribunal(s) ("NCLT").IndiaCorporate/Commercial LawDhaval Vussonji & Associates
ArticleTransfer Of Title Of Promoter Under RERAThe Maharashtra Real Estate Regulatory Authority ("the Authority") has on 27th June, 2017 issued an order ("Order") stipulating that a promoter has to execute conveyance to transfer his title, ...IndiaReal Estate and ConstructionDhaval Vussonji & Associates
ArticleFundamentals Of A Legally Enforceable Arbitration Agreement: Key Principles And PitfallsThe presence of an arbitration clause in commercial contracts has developed noticeably over the period of time in India. However, it is meaningful only when the clause is enforceable. IndiaLitigation, Mediation & ArbitrationDhaval Vussonji & Associates
ArticleUAE Notified As A Reciprocating Territory Under Section 44A Of Civil Procedure CodeThe purview of this article is the impact of addition of United Arab Emirates to the notification dated 17th January 2020 G.S.R 38 (E) issued by Ministry of Law and Justice. IndiaLitigation, Mediation & ArbitrationDhaval Vussonji & Associates
ArticleFinancial Creditor And Operational Creditor Under The Insolvency And Bankruptcy Code, 2016The Insolvency and Bankruptcy Code, 2016 (IBC) has consolidated and amended the laws relating to reorganization and insolvency of corporate persons, partnership firms and individual firms. IndiaInsolvency/Bankruptcy/Re-StructuringDhaval Vussonji & Associates
ArticlePower Of The Court To Reject A Plaint Qua Some Of The DefendantsOrder VII Rule XI of the Code of Civil Procedure, 1908 ("Order VII Rule XI") deals with the provision of ‘rejection of plaint'. IndiaLitigation, Mediation & ArbitrationDhaval Vussonji & Associates
ArticleDeath Knell For Development Agreements In The Context Of The Real Estate (Regulation And Development Act), 2016A number of lenders have lent to landowners based on the amounts receivable by them in the course of development. IndiaReal Estate and ConstructionDhaval Vussonji & Associates
ArticlePersonal Guarantors Now Subject To IBC: A Brief Overview Of The Bankruptcy ProcessBy a notification dated 15th November 2019, the Central Government has from the 1st of December, 2019 brought into effect Part III of the Insolvency and Bankruptcy Code, 2016 ("the Code") ...IndiaInsolvency/Bankruptcy/Re-StructuringDhaval Vussonji & Associates
ArticleForce Majeure And The Impact Of Covid-19 On RERA Registered ProjectsThe Novel Coronavirus (COVID-19) has hit populations around the world and has resulted in many restrictions, including free movement of people. IndiaCoronavirus (COVID-19)Dhaval Vussonji & Associates
ArticleSEBI's Special Treatment To Public Sector BanksSEBI Chairman Mr. U. K. Sinha while talking about minimum public shareholding in public sector companies said, "Our (SEBI's) stand as a regulator is that all cos should be treated alike on all matters...IndiaCorporate/Commercial LawDhaval Vussonji & Associates
ArticleSignatory Of Cheque Authorised By A Company Is Not DrawerThe interim compensation under sub-section (1) shall not exceed twenty per cent. of the amount of the cheque.IndiaLitigation, Mediation & ArbitrationDhaval Vussonji & Associates