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The Insolvency and bankruptcy Code (Amendment) Amendment, 2018 has been brought into force on 6th June 2018, which has been regarded as one of the most prominent and substantive amendment to the code till now. This amendment seeks out to remove the loopholes which ought to reduce the efficiency of the Code and also to...

In the case of Nikhil Mehta & Sons (HUF) & Ors. vs. AMR Infrastructure Ltd. [CA(IB)No.543/KB/2017 arising out of CP(IB)/170/KB/2017] the question before NCLAT is whether the appellant in this case who has entered into an MoU with the respondent for assured returns till the delivery of possession of the properties purchased by them comes...