The Insolvency and Bankruptcy Code, 2016 (IBC), introduced a structured and time-bound mechanism for resolving the insolvency of corporate entities in India. One of the most important distinctions under the IBC is between Operational Creditors and Financial Creditors.
Understanding the
Lex Bona Fide Blogs
Lex Bona Fide Blogs, published by Lex Bona Fide, covers a broad spectrum of legal topics with a focus on Indian constitutional law, civil liberties, and governance. The blog discusses judicial decisions impacting fundamental rights and administrative law, explores constitutional principles such as directive principles of state policy and checks and balances, and analyzes the amendment process of the Indian Constitution. It also addresses intersections of law with emerging issues like artificial intelligence and its legal implications. The content includes case law analysis, constitutional theory, and policy discussions relevant to legal practitioners, scholars, and those interested in the evolving legal landscape of India.
Blog Authors
Latest from Lex Bona Fide Blogs
How to Recover Money from a Company in India – Legal Remedies Explained
Non-payment or delayed payment by companies is one of the most common legal problems faced by individuals, businesses, suppliers, and service providers in India. Whether the amount arises from unpaid invoices, breach of contract, loans, or dishonoured cheques, Indian law…
How to Draft a Legally Enforceable Agreement in India – Complete Legal Guide
In India, agreements form the backbone of personal, commercial, and corporate transactions. However, not every agreement is legally enforceable. Many disputes arise because agreements are poorly drafted, vague, or legally invalid.
This article explains how to draft a legally enforceable…
How to File a Cheque Bounce Case under Section 138 of the Negotiable Instruments Act
Cheque bounce cases are among the most common financial disputes in India. Section 138 of the Negotiable Instruments Act, 1881 provides a statutory remedy to the payee when a cheque issued towards the discharge of a legally enforceable debt is…
Who Can File a Claim Before NCLT as a Homebuyer?
The Insolvency and Bankruptcy Code, 2016 (IBC) recognizes homebuyers as financial creditors, granting them statutory rights in insolvency proceedings.
Status of Homebuyers under IBC
A homebuyer who has paid money to a real estate developer for an apartment or plot…
Difference Between IRP and RP under the Insolvency and Bankruptcy Code
The Insolvency and Bankruptcy Code appoints insolvency professionals to manage distressed companies. Two important roles are the Interim Resolution Professional (IRP) and Resolution Professional (RP).
What Is an Interim Resolution Professional (IRP)?
The IRP is appointed by NCLT at the…
Legal Notice for Recovery of Money – Format and Complete Process
A legal notice is the first and most effective step in recovering unpaid dues without immediately approaching the court.
What Is a Legal Notice for Recovery of Money?
It is a formal written demand sent to the defaulter, calling upon…
MP High Court Quashes Externment Order Passed Without Cogent Material; Says Personal Liberty Cannot Be Restricted Mechanically

Case: Tushar @ Nandi @ Anand v. State of Madhya Pradesh & Ors.
Court: High Court of Madhya Pradesh, Jabalpur
Bench: Chief Justice Sanjeev Sachdeva and Justice Vinay Saraf
Date: 13 November 2025
Neutral Citation: 2025: MPHC-JBP:55808
In a…
EXPANDING THE HORIZON OF TURING TEST by Aseem Shrivastava
INTRODUCTION
Artificial Intelligence has become an inseparable part of human life, the usage of AI has evolved over time surpassing complex computational use to a more intricate use in everyday lives. Google’s Med-PaLM 2 exhibited exemplary skill in answering…
DIRECTIVE PRINCIPLES OF STATE POLICY: BRIDGING THE GAP BETWEEN ASPIRATION AND IMPLEMENTATION
Introduction:
The Directive Principles of State Policy (DPSP) embedded in the Constitution of India represent the visionary ideals and socio-economic goals that guide the government in its pursuit of creating a just and equitable society. This article delves into the…