Commentary

Ushdev Engitech

Case study: Swiss Ribbons Pvt. Ltd. & Anr vs Union of India & Ors

The Swiss Ribbons Pvt. Ltd. & Anr. vs. Union of India & Ors. case pertains to a constitutional challenge in...

Reliance Communications

Can a corporate debtor avoid insolvency proceedings under Section 7 by merely changing its management?

A common misconception is that if the board or shareholding of a company changes, the new management will not be...

Closure

Voluntary Liquidation: A comprehensive analysis of wilful business closure

The culmination of business of a Body Corporate is by way of Liquidation or winding up its business operations, where...

Singapore Bankruptcy

Understanding the Singapore bankruptcy laws

Many Indians register their companies in Singapore for obvious reasons – easier compliances, policy certainty, etc. Those who have their...

Wilful Defaulters

Unwinding govt support may increase default risks among weaker companies in 2021: Moody’s

The uneven economic recovery in Asia and gradual unwinding of government support will also weigh on banks' asset quality to...

Supreme Court

Key takeaways from Supreme Court judgement upholding amendments in Section 7, 11 and 32A

The Insolvency and Bankruptcy Code (Amendment) Act, 2020, among others, inserted three provisos to section 7(1), an additional explanation tosection...

Turnaround story of Monnet Ispat and Energy Ltd

The turnaround story of Monnet Ispat and Energy

Monnet Ispat and Energy Ltd, renamed as JSW Ispat Special Products Ltd after its takeover by JSW Steel and AION...

Plugging the loopholes of pre-packs

Pitfalls of pre-packs: How the Insolvency panel tried to address these concerns

While designing the pre-packs framework, the sub-committee of the Insolvency Law Committee had kept in mind the concerns/lacunae of the...

New Scheme of Education

Broad contours of the proposed structure of pre-packs scheme in India

Dr SK Gupta and Jay Kothari The Union Government has been considering the introduction of pre-packs in India since 2019....