Revolutionizing Liquidation: IBBI’s Centralized eBKray Platform to Boost Transparency and Recovery in India’s Liquidation Process
Introduction The Insolvency and Bankruptcy Board of India (IBBI) recently issued a circular aimed at overhauling the asset sale process within the Indian liquidation framework. Announced on October 29, 2024, this circular mandates the centralized
The Hon’ble Madras High Court Upholds Rights under the Maternity Benefits Act, 1961, for Contractual Employees
The Hon’ble Madras High Court (“High Court”) recently, reaffirmed the rights guaranteed under the Maternity Benefits Act, 1961 (“Maternity Benefits Act”) for women working as contractual employees1. This significant judgment reinforces women’s entitlements to maternity
E-Auctions Under the SARFAESI Act: Balancing Procedural Rigidity with Natural Justice – A Critical Analysis of IDBI Bank Ltd. vs. Ramswaroop Daliya (2024 INSC 780)
The Supreme Court of India’s judgment in IDBI Bank Ltd. vs. Ramswaroop Daliya and Ors. (2024 INSC 780) revolves around a dispute concerning an e-auction sale of property under the provisions of the SARFAESI Act,
Validity of non-compete clauses post termination of agreement- Bombay High Court
The Hon’ble Bombay High Court (“HC”) recently held, in a significant ruling[1] that although a non-compete clause may be valid throughout the duration of an agreement, post the termination of the agreement, such a clause
Enforcement of the Food Safety and Standards Act, 2006: A Comprehensive Guide for Food Business Operators
Introduction: The Food Safety and Standards Act, 2006 designates the Food Safety and Standards Authority of India (FSSAI) and the State Food Safety Authorities as the primary bodies responsible for enforcing the Act. These authorities
Ensuring Food Safety: A Guide for Food Business Operators (FBOs) on Sampling, Analysis, and Prosecution under the FSSA, 2006
The Commissioner of Food Safety appoints Food Safety Officers (FSOs) to specific local areas. Officers must meet the qualifications prescribed by the Central Government. State Governments can also authorize their officers to perform the duties
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