The merger of IDFC First Bank Limited with IDFC Limited will be a landmark transaction for India's financial services industry .This step was necessitated by the Indian banking institutions' realization that mergers are...
Author - Editor IBC Laws
The Exchange Conundrum: Deciphering Currency Conversion in Foreign Arbitral Award – By Adeeb Ahmad & Soumya Chakrabarti
This judgment has established enforceability date as the benchmark which will minimize the impact of consistently changing conversion exchange rates on both parties. Additionally, the court’s decision to convert partial...
Case Summary: My Preferred Transformation & Hospitality Pvt. Ltd. & Anr. V. Faridabad Implements Pvt. Ltd. – By Prerika Narang
Case Summary: My Preferred Transformation & Hospitality Pvt. Ltd. & Anr. V. Faridabad Implements Pvt. Ltd. Prerika Narang 5th Year, B.B.A. LL.B. (Hons.), Vivekananda Institute of Professional Studies, Delhi. ...
Ambit of Date of Default through the Lens of Judicial Pronouncements – By Shreeya Kabra
The date of Default plays a crucial role in the insolvency proceedings and influences the limitation period, CIRP initiation, etc. Hon’ble courts and tribunals, through judicial pronouncements, have created a uniform...
Symbolic Stake of Operational Creditors in the IBC – By Falak Doshi
Symbolic Stake of Operational Creditors in the IBC Falak Doshi Final-year LL.B Government Law College, Mumbai Before the Insolvency and Bankruptcy Code, 2016 (“the Code”) came into effect, there were multiple...
Catalyzing MSMEs through A Facilitative Distress Resolution Process – By Mathew Jacob
Catalyzing MSMEs through A Facilitative Distress Resolution Process Mathew Jacob LLM-IBL, NALSAR University of Law & Indian Institute of Corporate Affairs Introduction Micro, Small, and Medium Enterprises (MSMEs)...
Avoiding Costly Mistakes: The Importance of Liquidated Damages – By Aakanksha Agarwal, Suraj Gupta & Anushka Gupta
Liquidated damages are important in a contract for its enforcement as they hold the parties responsible for breach of contract, ensures fair compensation and simplify the process of dispute resolution. There are some...
Inter-Corporate Lending in India A Comprehensive Review of Legal Frameworks and Implications – By Aditya Pandey
India is centre of innovation and a rising force in entrepreneurship. Every day we witness the power of recently established businesses. Funds are needed for the operations and management of these breakthroughs and...
Legal Implications of Contingent Claims under The Insolvency and Bankruptcy Code, 2016: Balancing The Clean Slate Theory and Creditors Rights – By Sachin Raj & Sakshi Sinha
Legal Implications of Contingent Claims under The Insolvency and Bankruptcy Code, 2016: Balancing The Clean Slate Theory and Creditors Rights Sachin Raj & Sakshi Sinha 4th Year, B.A. LL.B. (Hons.) Symbiosis Law...
Spurious Shield: “Pre Existing Dispute” under section 8(2) (a) as a tool to delay CIRP by the Corporate Debtor – By Radhika Baderia & Aditya Pratap Singh
High Court had correctly applied a prima facie review to determine the genuineness of the dispute, highlighting Goqii's strategic attempt to avoid payment by raising baseless allegations only after receiving a demand...