The Insolvency and Bankruptcy Code, 2016 (IBC), introduced a structured and time-bound mechanism for resolving the insolvency of corporate entities in India. One of the most important distinctions under the IBC is between Operational Creditors and Financial Creditors.
Understanding the difference between these two categories is crucial because their rights, remedies, and powers under the
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How to Recover Money from a Company in India – Legal Remedies Explained
Non-payment or delayed payment by companies is one of the most common legal problems faced by individuals, businesses, suppliers, and service providers in India. Whether the amount arises from unpaid invoices, breach of contract, loans, or dishonoured cheques, Indian law provides multiple legal remedies to recover money from a company.
This article explains how to
How to Draft a Legally Enforceable Agreement in India – Complete Legal Guide
In India, agreements form the backbone of personal, commercial, and corporate transactions. However, not every agreement is legally enforceable. Many disputes arise because agreements are poorly drafted, vague, or legally invalid.
This article explains how to draft a legally enforceable agreement in India, the essential legal requirements under Indian law, common drafting mistakes, and practical
Legal Notice for Recovery of Money – Format and Complete Process
A legal notice is the first and most effective step in recovering unpaid dues without immediately approaching the court.
What Is a Legal Notice for Recovery of Money?
It is a formal written demand sent to the defaulter, calling upon them to clear outstanding dues within a specified time.
When Should a Legal Notice Be
Difference Between IRP and RP under the Insolvency and Bankruptcy Code
The Insolvency and Bankruptcy Code appoints insolvency professionals to manage distressed companies. Two important roles are the Interim Resolution Professional (IRP) and Resolution Professional (RP).
What Is an Interim Resolution Professional (IRP)?
The IRP is appointed by NCLT at the initiation of CIRP.
Key Functions of IRP
- Take control of corporate debtor
- Collect and verify
Who Can File a Claim Before NCLT as a Homebuyer?
The Insolvency and Bankruptcy Code, 2016 (IBC) recognizes homebuyers as financial creditors, granting them statutory rights in insolvency proceedings.
Status of Homebuyers under IBC
A homebuyer who has paid money to a real estate developer for an apartment or plot is treated as a financial creditor under the IBC.
Who Can File a Claim Before
How to File a Cheque Bounce Case under Section 138 of the Negotiable Instruments Act
Cheque bounce cases are among the most common financial disputes in India. Section 138 of the Negotiable Instruments Act, 1881 provides a statutory remedy to the payee when a cheque issued towards the discharge of a legally enforceable debt is dishonoured.
What Is a Cheque Bounce Case?
A cheque bounce occurs when a cheque is
MP High Court Quashes Externment Order Passed Without Cogent Material; Says Personal Liberty Cannot Be Restricted Mechanically
Case: Tushar @ Nandi @ Anand v. State of Madhya Pradesh & Ors.
Court: High Court of Madhya Pradesh, Jabalpur
Bench: Chief Justice Sanjeev Sachdeva and Justice Vinay Saraf
Date: 13 November 2025
Neutral Citation: 2025: MPHC-JBP:55808
In a significant judgment safeguarding citizens’ fundamental rights, the Madhya Pradesh High Court has quashed an externment
EXPANDING THE HORIZON OF TURING TEST by Aseem Shrivastava
INTRODUCTION
Artificial Intelligence has become an inseparable part of human life, the usage of AI has evolved over time surpassing complex computational use to a more intricate use in everyday lives. Google’s Med-PaLM 2 exhibited exemplary skill in answering questions of medical licensing exam[1], Tesla’s self-driving cars, chatbots used by online platforms
DIRECTIVE PRINCIPLES OF STATE POLICY: BRIDGING THE GAP BETWEEN ASPIRATION AND IMPLEMENTATION
Introduction:
The Directive Principles of State Policy (DPSP) embedded in the Constitution of India represent the visionary ideals and socio-economic goals that guide the government in its pursuit of creating a just and equitable society. This article delves into the significant role of DPSP and explores the challenges faced in translating these noble aspirations into