India: Financial Restructuring

The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code...

In January 2025, the Supreme Court of India passed a landmark judgment in Independent Sugar Corporation Ltd. v. Girish Sriram Juneja, resolving a long-pending doubt in India's insolvency law.

On April 2, 2025, the Madurai Bench of the Madras High Court ("Madras HC"), in M/s. Empee Distilleries Limited vs. The Superintending Engineer and Ors.1, delivered a pivotal ruling on the interplay between the Insolvency and Bankruptcy Code, 2016 ("IBC") and statutory claims under litigation.

On January 20, 2025, the Reserve Bank of India ("RBI") issued Notification No. RBI/2024-25/106 DoR.SIG.FIN.REC.56/26.03.001/2024-25, being "Guidelines on Settlement of Dues of borrowers by ARCs" ("New Guidelines"), to amend paragraph 15 of its Master Direction...

With an outgrowth in mergers and amalgamations happening across the Indian market, the State Government has been exercising its power to levy specific stamp duties on these transactions under the Indian Stamp Act, 1899.

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")...

In a recent case, Shiv Charan & Ors. v. Adjudicating Authority under the Prevention of Money Laundering Act, 2002, Department of Revenue & Anr...

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 ...

The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal, under the Insolvency and Bankruptcy Code, 2016 ...