Day: August 26, 2020

Ab Initio

Ab initio Meaning Its Latin word is ‘from the beginning’. Details In legal language generally this word is used with void for example-void ab initio. Wherein any authority, specifically legislative exercises powers beyond its jurisdiction, then such exercise of powers is void ab initio. For example- Article 13(2) of the Constitution Provides ‘that state shall

Corporate Reconstruction or Restructuring

CORPORATE RECONSTRUCTION OR RESTRUCTURING Author: Divya Vishal INTRODUCTION Corporate reconstruction or restructuring is an activity taken by the corporate body to alter its capital structure or its tasks essentially. By and large, corporate rebuilding happens when a corporate body is encountering critical issues and is in monetary related risk. The procedure of corporate rebuilding is