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This monthly legal roundup is a compilation of our thought leadership articles published in the month of January 2024 on key legal and regulatory topics.
Vaish Associates Advocates
In the March edition of our monthly newsletter "Legalaxy", our team analyses some of the key developments in securities market, foreign direct investment, banking and finance, labour, insolvency and liquidation, environment, power, and corporate affairs.
Phoenix Legal
The National Company Law Tribunal, Hyderabad Bench ("NCLT") in the matter of M/s. Akash Electrotek Engineers Pvt. Ltd. v. M/s. NCC Limited and Anr...
Economic Laws Practice
The intertwining domains of the Prevention of Money Laundering Act, 2002 (PMLA), and the Insolvency and Bankruptcy Code, 2016 (IBC) add toIndia's complex legal landscape.
Acuity Law
On 15 February 2024, the Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India...
Economic Laws Practice
The Division Bench of the Hon'ble High Court of Bombay recently rendered a significant judgment in relation to the jurisdiction of the NCLT under Section 32A of the Insolvency and Bankruptcy Code, 2016 ...
Acuity Law
On 12 February 2024, the Insolvency and Bankruptcy Board of India (IBBI) introduced the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations...
Khurana and Khurana
There is a hidden chamber in which debts, which are regularly hard and evasive, discover their equal inside the complex realm of finance,
Khaitan & Co LLP
A three Judge Bench of the Supreme Court (Supreme Court) in Greater Noida Industrial Development Authority v. Prabhjit Singh Soni & Anr, 2024 SCC OnLine SC 122 recently upheld the prevailing view...
Economic Laws Practice
Having observed so, at the cost of repetition, it is noted that any modification after approval of the CoC and submission to the Adjudicating Authority, irrespective of the content...
Economic Laws Practice
In exercise of the powers conferred by clause (b) of sub-section (1) of section 189 of the Insolvency and Bankruptcy Code...
Obhan & Associates
The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 ("CIRP Regulations"), which provide for detailed provisions...
Vaish Associates Advocates
Supreme Court: Nomination process under the Companies Act, 1956/ Companies Act, 2013 does not override succession laws.
Economic Laws Practice
When the limitation period for initiating CIRP under Section 9, IBC is to be reckoned from the date of default, as opposed to the date of commencement of IBC and the period prescribed therefor...
Khaitan & Co LLP
The IBBI issued two notifications dated 31 January 2024, in terms of the powers conferred under Section 196(1)(t), Section 240 read with Section 2(e) of the Insolvency and Bankruptcy Code, 2016 (Code), introducing:
Economic Laws Practice
In a groundbreaking judgment, the Supreme Court has clarified the National Company Law Tribunal's (NCLT) authority to recall orders and decide questions of law.
Nexdigm Private Limited
The Insolvency and Bankruptcy Board of India (IBBI) notified IBBI (Voluntary Liqudiation Process) (Amendment) Regulation, 2024 (Amendment Regulations) on 31 January 2024.
Hammurabi & Solomon
The growth and progress of any nation are measured by its infrastructure development, which not only gives impetus to our economy but also gives us tangible and visible proof of the growth and progress of our nation.
Khurana and Khurana
When compared to international standards, India's present legal and administrative framework for handling loan defaults is inadequate.
Acuity Law
In this section, we detail the path that the Code has taken in terms of its evolution and emerging jurisprudence; the continual improvements during the past one-year...
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