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By Finsec Law Advisors
Citing the Supreme Court's decision in the Vodafone case, the Court held that the transaction should be reviewed as a whole, by resorting to the substance over form approach.
By Finsec Law Advisors
The Bombay High Court recently pronounced its judgment in Madhu Ashok Kapur and Ors. v. Rana Kapoor and Ors., providing some relief in the twoyear long battle between Yes Bank and Madhu Kapur...
By Finsec Law Advisors
The RBI, in its recent circular titled "Strategic Debt Restructuring Scheme", provided a framework whereby lender banks have been granted enhanced capabilities to initiate a change in ownership of a defaulting borrower...