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Future legal leaders
India Business Law Journal reveals 50 up-and-coming lawyers who are making a name for themselves in the profession
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In a year where leadership has never been a more crucial quality, India Business Law...
Impact of insolvency and bankruptcy code on MSMEs
Micro, small and medium enterprises (MSME) contribute 8% to GDP, employ 106 million, that is 40% of the workforce, produce 45% of manufacturing output and 40% of total exports. While MSMEs play a vital...
The A-List 2020
India Business Law Journal reveals the country’s top lawyers and legal icons
ACCESS THE A-LIST 2020
Each year, the A-List seeks to recognize India’s most outstanding lawyers. This year required the country’s top lawyers to demonstrate...
Invocation of force majeure in insolvencies
The doctrine of frustration envisaged in section 56 of the Indian Contract Act, 1872, was recently applied by the National Company Law Tribunal (NCLT) in the case of Suraksha Asset Reconstruction Ltd & Ors...
Billions on the line
Vodafone may have won the day after a favourable arbitration result cut off India's claim to massive back taxes, but will this crucial award remain unchallenged when so much more is at stake? Freny...
Fox Mandal appoints new COO
Fox Mandal & Associates has hired Ramaswamy Balasubramanian as its new chief operating officer (COO).
Balasubramanian will oversee the operations of Fox Mandal and its strategic ambitions.
He will also serve as director of infrastructure advisory...
A cut above the rest
India Business Law Journal reveals its leading foreign firms for India work. Vandana Chatlani reports
Life has changed dramatically, and so, too, the process of law and business. Disruption, doubts, and delays caused by the...
Will Covid spell the end for Bollywood?
“A film is a petrified fountain of thought.” When Jean Cocteau said these words he would not know that much later they would sum up a revolution in the entertainment industry. Bollywood, regional cinema,...
Indian Law Firm Awards 2020
And the winners are ... Rebecca Abraham reports
Companies and law firms across India have been grappling with a global pandemic in what was already a challenging market, and are now facing an economic downturn....
Deals of the Year 2019
India Business Law Journal reveals the most significant deals and disputes of 2019 and the law firms that worked tirelessly to bring them to fruition
The best transactions for the past year in India came...
Court rules committee of creditors is supreme
Essar Steel India defaulted on repayment obligations to its creditors and in 2017 Standard Chartered Bank (SCB) and State Bank of India filed petitions for financial debt under the Insolvency and Bankruptcy Code, 2016....
NBFCs brought under purview of insolvency code
With the introduction of a codified law on insolvency and bankruptcy processes, restructuring jurisprudence entered a new era. While the new law focused on rehabilitating and restructuring stressed companies, restructuring processes involving financial service...
Something for everyone in the Essar judgment
The long-awaited decision of the Supreme Court in Committee of Creditors of Essar Steel India Limited v Satish Kumar Gupta & Ors case comes as a relief for financial creditors, especially those holding security,...
New GC at Hindustan Coca-Cola Beverages
Preeti Balwani has joined Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola, as its general counsel.
Prior to HCCB, Balwani was the general counsel of Kraft Heinz. She now moves to Bengaluru to work...
Evolution of the committee of creditors’ authority
The role of the committee of creditors (CoC) in a corporate insolvency resolution process (CIRP) has increasingly been scrutinized and clarified by various courts and tribunals, including the Supreme Court. There have also been...
A commercial primer on 2019 amendments to IBC
The Insolvency and Bankruptcy Code (Amendment) Act, 2019, seeks to reduce delays in the resolution process because there has been extensive litigation on various aspects of the IBC. A resolution plan can provide for...
Recent amendments to insolvency regulations
With the introduction of The Insolvency and Bankruptcy Code (Amendment) Bill, 2019, on 24 July 2019 in the Rajya Sabha, the government has sought to amend the Insolvency & Bankruptcy Code, 2016. Earlier, the...
Leaders of the pack
India Business Law Journal reveals the top international law firms for India-related matters. Vandana Chatlani reports.
Five years ago, when Prime Minister Narendra Modi first came to power he was described by former CNN New...
Many hurdles in Deccan Chronicle insolvency
The legal team that advised on the Deccan Chronicle Holdings insolvency had to contend with multiple issues and challenges. The National Company Law Tribunal (NCLT) approved the resolution plan put forward by SREI Multiple...
Liquidation under IBC
Dear Editor,
In the matter of SC Sekaran vs Amit Gupta & Ors, relying on the decisions of the Supreme Court in Swiss Ribbons Pvt Ltd & Anr v Union of India & Ors and...