Introduction Liquidation is the process initiated by or for a company to settle its outstanding debts. In this process, the company’s assets are sold, and the proceeds are used to pay off its liabilities. This step is generally taken as a last resort by creditors...
WHAT IS DEFAMATION? Defamatory statements are those uttered or written that are untrue and harm another person’s reputation. Imagine somebody telling a lie about you that may change the way others view you—this is what defamation does. It is about hurting one’s good reputation within...
Navigating Global Patent Protection: A Comprehensive Guide to the Patent Cooperation Treaty (PCT) INTRODUCTION The Patent Cooperation Treaty (PCT) was signed in Washington, D.C. in 1970, although it did not take effect until 1978. The PCT was created to simplify and reduce the cost of...
Creativity and innovation are the drivers of growth for any nation. For any such creativity to flourish, there needs to be a conducive ecosystem recognizing and protecting the rights of the inventors and creators. To establish an all-encompassing conducive environment for Intellectual Property to rise...
What is the Waterfall Mechanism under IBC? The Insolvency and Bankruptcy Code (IBC), 2016, marked a paradigm shift in India’s insolvency resolution framework. Among its crucial components is the “waterfall mechanism,” a systematic approach to distributing proceeds from the sale of liquidation assets. This mechanism...
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