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Section 43-Preferential transactions and relevant time: (2) A corporate debtor shall be deemed to have given a preference, if— (a) there is a transfer of property or an interest thereof of the corporate debtor for the benefit of a creditor or a surety or a guarantor for or on account of an antecedent financial debt or operational debt or other liabilities owed by the corporate debtor; and (b) the transfer under clause (a) has the effect of putting such creditor or a surety or a guarantor in a beneficial position than it would have been in the event of a distribution of assets being made in accordance with section 53.
Which of the following is not the part of right to freedom as enshrined in the Article 19 of the Constitution of India (As amended)?
The period of limitation for filing any suit (for which no period of limitation has been provided in Schedule of the Limitation Act) shall be:
As per the LLP Act where the Tribunal makes an order under section 60 sanctioning a compromise or an arrangement in respect of a limited liability partn...
Bar to further suit to a plaintiff is expressly provided under which section of CPC?
A voluntarily burns a valuable security belonging to Z intending to cause wrongful loss to Z. A has committed
What does ‘R’ in SARFAESI stands for?
Judges in the Court of Session are appointed by:
The Board shall, ________ of the receipt of a reference from the Adjudicating Authority for the recommendation of an insolvency professional who may...
What constitutes an assault under the Bharatiya Nyaya Sanhita?
Order made under section 144 of the Code of Criminal Procedure, 1973, shall not remain in force for more than ________ from the making thereof.