“His knowledge of the Securities Law, Companies Act and Insolvency & Bankruptcy Code is impeccable,” said Vikram Trivedi, managing partner of law firm Manilal Kher Ambalal & Co, who has appeared with him as well as against him in several matters in the Securities Appellate Tribunal and the Bombay High Court. “He has been a very meticulous and articulate lawyer and has the ability to understand every matter from all the aspects.”
The admission of the application by the National Company Law Tribunal (NCLT) ensures moratorium on transactions of personal assets of the guarantor. But it does not give the resolution professional (RP) the right to take control of the personal assets of the guarantor. Following the ruling, the RP will invite claims from lenders and also validate them.
The admission of the application by the National Company Law Tribunal (NCLT) ensures moratorium on transactions of personal assets of the guarantor. But it does not give the resolution professional (RP) the right to take control of the personal assets of the guarantor. Following the ruling, the RP will invite claims from lenders and also validate them.
New Delhi [India], November 21 (ANI/GPRC): India is a land of dichotomies. In the year 2022, on one hand, according to the Fortune India's list of 'India's Richest', the collective wealth of 142 billionaires in India is a whopping USD 832 billion. On the other hand, recognizing India's "great commitment and leadership in lifting people out of poverty," the United Nations Development Programme (UNDP) reported that the country was able to uplift about 415 million people between 2005-2021. Almost half of this 415 million figure, 140 million, exited poverty between 2015-16 and 2019-21. Such news highlights the fact that alleviation of poverty remains the top agenda for the country's youth and one young social volunteer, Shivam Sharma Rawat, proves it practically. Shivam is a Class 7 student of Springdales Public School, Dhaula Kuan, and he is trying to do through his 'No Poverty' mission. Shivam's 'No Poverty' mission is aimed at everyb