Any entity which is undergoing corporate insolvency resolution process (CIRP) faces severe financial distress due to the lack/scarcity or absence of funds in its coffers. The Resolution Professional (RP) has the primary duty of managing the affairs of the company undergoing CIRP and has several primary duties as provided under the Insolvency and Bankruptcy Code... Continue Reading →
In a globalized economy, distribution agreements are the backbone of international trade, facilitating the seamless delivery of goods and services across borders. These agreements are pivotal across a spectrum of industries, each with unique challenges and priorities. In the ecommerce industry, agreements are crafted to protect brand exclusivity while ensuring timely market access. Pharmaceuticals demand... Continue Reading →
Overview of Due Diligence Framework for Intermediaries In the rapidly evolving digital landscape, intermediaries such as social media platforms, e-commerce sites, and internet service providers play a pivotal role in enabling communication, commerce, and content sharing. However, with this role comes the challenge of regulating and managing vast amounts of user-generated content while ensuring compliance... Continue Reading →
Introduction On 17 November, 2024 a total of 5,05,412 domestic passengers departed across the country via 3100 planes in a single day setting new records for Indian Civil Aviation Industry and creating mark across the global aviation landscape. The past decade has been a witness to the initiatives taken by the government for the development... Continue Reading →
INTRODUCTION The Micro Small and Medium Enterprises (MSMEs) are often termed as the backbone of the Indian Economy as they facilitate economic development and provide vast employment opportunities across every spectrum to the people. Before 2012, Small and Medium Enterprises (SMEs) could not access the Capital Markets as the Eligibility Criterions of the Stock Exchanges... Continue Reading →
INTRODUCTION The recent LinkedIn India case has brought Significant Beneficial Ownership (“SBO”) rules under the spotlight. The concept of SBO was introduced in India with the Companies Act 2013 (“the Act”), to promote corporate transparency and uncover ultimate beneficiaries with significant control over companies. Under the Act, there is a requirement for the identification of... Continue Reading →
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