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India
S&R Associates
The decision of the Bombay High Court (the "High Court") in Shiv Charan and Ors. v. Adjudicating Authority and Ors. ("Shiv Charan") has clarified the protection afforded to resolution applicants...
Naik Naik & Company
In a recent case, Shiv Charan & Ors. v. Adjudicating Authority under the Prevention of Money Laundering Act, 2002, Department of Revenue & Anr...
Argus Partners
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016 ...
Argus Partners
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal, under the Insolvency and Bankruptcy Code, 2016 ...
Argus Partners
On November 1, 2023, the Insolvency and Bankruptcy Board of India ("IBBI") has published a discussion paper ("Discussion Paper") on amendments proposed to the IBBI...
AZB & Partners
The judiciary has played a vital role in the evolution and strengthening of India's insolvency regime under the Insolvency and Bankruptcy Code, 2016...
Khurana and Khurana
When compared to international standards, India's present legal and administrative framework for handling loan defaults is inadequate.
Clasis Law
Restructuring & Insolvency Comparative Guide for the jurisdiction of India, check out our comparative guides section to compare across multiple countries
Khurana and Khurana
Enacted in 2016, the Insolvency and Bankruptcy Code (IBC) of India introduced a transformative legal framework for managing distressed entities.
ZBA
Restructuring of debts is a common banking practice that aims at assisting stressed debtors.
JSA
EPC Constructions India Limited ("EPC/Petitioner") filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 ...
Acuity Law
After a merger, successor corporations may find themselves liable for the criminal actions of their predecessors.
Vaish Associates Advocates
The High Court of Bombay, at Mumbai ("High Court") has, by judgment pronounced on July 20, 2023, in the matter of Mr. Latif Yusuf Manikkoth v. The Board of Directors of the Bank of Baroda and Others...
Metalegal Advocates
IBC was enacted to expedite insolvency proceedings and to facilitate timely and effective resolution of insolvency by involving relevant stakeholders such as creditors.
JSA
The President of India gave her assent to the ‘Digital Personal Data Protection Act, 2023' ("Data Protection Act") on
August 11, 2023. The Data Protection Act has not yet come into force.
AB Legal
One of the most popular types of transactions in financial markets is debt assignment. It encompasses transferring a debt from a creditor (assignor) to a third party (assignee).
Metalegal Advocates
Investigating the complexities of legal proceedings involving non-existent persons within corporate restructuring and mergers, this article focuses on entities that have relinquished their legal identity...
Khaitan & Co LLP
The Framework is applicable to Local Area Banks and Co-operative Banks, thus covering a wider set of creditors than the Prudential Framework.
HSA Advocates
The Ministry of Corporate Affairs (MCA) vide Notification dated May 15, 2023 revised the procedure governing the issuance of notice of a scheme of merger or amalgamation calling for objections or suggestions...
Argus Partners
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016 ("Code"), during the period...
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