Investing in America Series: Los Angeles confronts its cost, climate and competitiveness challenges

America’s second-largest city is balancing booming sectors and world-class talent with rising inequality, strained ...
Tax Guru

Advance to Corporate Debtor for sharing profit in real estate project doesn’t qualify as financial debt

NCLAT Delhi held that amount advance to Corporate Debtor with view to share profit in real estate project doesn’t qualify as financial debt u/s. 5(8) of the Insolvency and Bankruptcy Code. Thus, ...