UNDERSTANDING SPECIAL PURPOSE VEHICLE (“SPV”): PURPOSE AND BENEFITS

A Special Purpose Vehicle (“SPV”), also known as a Special Purpose Entity (“SPE”), is a legally distinct entity established to fulfill a specific purpose. These entities are widely used in sectors such as finance, infrastructure, and real estate due to their ability to isolate financial risk and achieve specific

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SUPREME COURT BALANCES POWERS: ENFORCEMENT DIRECTORATE’S LIMITS IN PROSECUTORIAL CONDUCT

The case of Zeeshan Haider v. Directorate of Enforcement is a significant legal dispute that highlights the intricate relationship between individual rights and enforcement agencies in India. Due to the seriousness of the allegations, lower courts originally rejected the…

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MAINTENANCE RIGHT OF WIFE & CHILDREN OVERRIDES CREDITORS’ CLAIMS UNDER SARFAESI/IBC ON HUSBAND’S ASSETS: SUPREME COURT

In the case of Apurva @ Apurvo Bhuvanbabu Mandal v. Dolly & Ors., the original Family Court order awarded the wife (respondent) a monthly support payment of Rs.6,000/- and Rs.3,000/- for each child. The Gujarat High Court increased the maintenance payment to Rs.1 lakh…

Continue ReadingMAINTENANCE RIGHT OF WIFE & CHILDREN OVERRIDES CREDITORS’ CLAIMS UNDER SARFAESI/IBC ON HUSBAND’S ASSETS: SUPREME COURT