The Delhi High Court Bench comprising of Justice Purushaindra Kumar Kaurav, while adjudicating a petition filed in Vineet Saraf v Rural Electrification Corporation Ltd., has declined to quash a Demand Notice sent to a personal guarantor under Rule 7 of the Insolvency and Bankruptcy Rules, 2019. The respondent in turn would be denied the opportunity to present their case before …
The promotion of affordable housing for middle and lower-income groups in urban areas has been done extensively by the central government. Affordable housing finance is a boon for millions of homebuyers who wish to buy a house but need more material resources to invest in projects. “This is where Affordable Housing Finance plays a remedial role in incentivising homebuyers with …
Covid New Wave: Indian exporters are keeping their fingers crossed on account of rising Covid infections in China and other countries as it could again disrupt supply chains and affect demand for goods. Sahai said that if Chinese industries start shutting down due to rise in Covid cases, it would impact imports of key components for sectors such as pharmaceuticals, …
