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The Insolvency and Bankruptcy Code, 2016. An Act to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximisation of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests ...
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or ... literally meaning "broken bank".
The National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates issues relating to Indian companies. [1] The tribunal, established under the Companies Act 2013, was constituted on 1 June 2016 by the government of India and is based on the recommendation of the V. Balakrishna Eradi committee on law relating to the insolvency and the winding up of companies.
Executory contract. An executory contract is a contract that has not yet been fully performed or fully executed. [1] It is a contract in which both sides still have important performance remaining. However, an obligation to pay money, even if such obligation is material, does not usually make a contract executory.
Byrraju Ramalinga Raju (born 16 September 1954) is an Indian businessman. He is the founder of Satyam Computer Services and served as its chairman and CEO from 1987 until 2009. Raju stepped down following his admission to embezzlement from the company to the tune of ₹7,136 crores (approximately US$1.5 billion), [ 1] including ₹5040 crores ...
Ravichandran (Kannada actor) Veeraswamy Ravichandran (born 30 May 1961), known mononymously as Ravichandran, is an Indian actor, director, producer, music director, lyricist and editor working predominantly in Kannada cinema. The son of film producer N. Veeraswamy, he continues to produce and distribute films under his father's production house ...
Legal status. Telugu is the official language of the Indian states of Andhra Pradesh and Telangana. It is one of the 22 languages under schedule 8 of the constitution of India. It is one of the official languages of the union territories of Puducherry. Telugu is a protected language in South Africa.
Telugu and the North Dravidian languages distinguish between masculine and non-masculine in the singular, and between human and non-human in the plural. The three types are illustrated by the forms of the third-person demonstrative pronouns of the three languages: