Month: September 2023

An appeal against a National Company Law Tribunal ruling must be filed within 30 days, as per Section 61 of India’s Insolvency and Bankruptcy Act (IBC) (NCLT). A delay of up to 15 days may be excused under this provision if the NCLAT determines that good reason exists. The 30-day time limit has been regarded […]

The ability to file for bankruptcy quickly and easily can aid thousands of people in starting over financially. Envision yourself in a dire situation where you’ve fallen into a debt trap and have used up all of your available funding options. In such a case, bankruptcy can be your last resort.  Indian law does allow […]