Section 2(a) of the Central Goods & Services Tax Act, 2017 (hereinafter referred to as the ‘CGST Act') states that, “any lease, tenancy, easement, license to occupy land is a supply of services”, further, Section 2(b) of the CGST Act makes it clear that, “any lease or letting out of the...

The Limitation Act, 1963 is applicable to applications filed under Sections 7 and 9 of the IBC from the inception of the IBC; Article 137 of the Limitation Act, 1963 gets attracted to applications filed under Sections 7 and 9 of the IBC, therefore, ‘the right to sue' accrues when a default...

Can a country go bankrupt? The past has been dynamic with world witnessing many countries falling off grace. Why a country goes bankrupt? What is the economics and politics behind the concept of "sovereign bankruptcy"? How do countries protect themselves against sovereign bankruptcy? Which all...