This is a guest post by the very talented Siddhant Bajaj. First published on Livelaw at : https://www.livelaw.in/news-updates/can-an-arbitral-tribunal-pierce-the-corporate-veil-159015 The concept of legal personality is a classic innovation of the law, it is perhaps the most relevant example of legal fiction. From the mid 19th century, the jurisprudence surrounding companies as legal entities has taken quantum leaps. … Continue reading Can An Arbitral Tribunal Pierce Corporate Veil & pass an award against promoters/directors
In the second part, we take a closer look at the IBC’s most fundamental features (terms starting with alphabets I-P).
Through this column, which is the first in a three-part series, we will try to give a brief overview of the primary features and actors in the IBC game and a sneak peek into the new and latest in IBC and the challenges that lie ahead. Since we all love lists, we walk you through these concepts alphabetically. But before we dive deep, here are a few words in the nature of a general preface to this path-breaking piece of legislation called the IBC.
A joint venture (JV) is an association of 2 or more individuals or business entities, who combine their financial resources, expertise, skills, knowledge and experience in the furtherance of a specific undertaking, so as to achieve a common goal. Types of Joint Ventures Equity JV and contractual JV are 2 fundamental types of JV. Under … Continue reading What is a Joint Venture ?