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It Provided Back Door Entry: Supreme Court Approves Scrapping Of LARSGESS Scheme For Railway Employees

'It Provided Back Door Entry': Supreme Court Approves Scrapping Of LARSGESS Scheme For Railway Employees

The Supreme Court has upheld the termination of Liberalized Active Retirement Scheme for Guaranteed Employment for Safety Staff (LARSGESS) for Railway Employees.The Scheme provided for an avenue of a...

1 Feb 2021 5:00 PM GMT
Financial Creditor Can Be Excluded From CoC If It Got Rid Of Related Party Label Only With Intention To Circumvent Bar Under Section 21(2) IBC : SC

Financial Creditor Can Be Excluded From CoC If It Got Rid Of 'Related Party' Label Only With Intention To Circumvent Bar Under Section 21(2) IBC : SC

'The purpose of excluding a related party of a corporate debtor from the CoC is to obviate conflicts of interest which are likely to arise in the event that a related party is allowed to become a part ...

1 Feb 2021 2:20 PM GMT
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