By Nitin Jain, Partner, Agama Law Associates In the fallout of the Supreme Court’s Bhushan Steel ruling, a quiet anxiety has gripped resolution applicants, creditors, and legal counsel alike. If an approved resolution plan can be quashed years later even post-CoC greenlight, NCLT nod, and partial implementation, what legal avenues truly remain open to stakeholders... Continue Reading →
By Nitin Jain | Partner | Agama Law Associates The New IBC Reality Check For years, the finality of resolution plans under the IBC was considered sacrosanct. Once the NCLT approved a plan, stakeholders exhaled - or so they thought. The Supreme Court’s verdict in MCC PTA India vs. JSW Steel has shaken that assumption... Continue Reading →
ETLegalWorld featured our Partner Archana Balasubramanian’s views on SEBI’s progressive steps toward deregulation. At Agama Law Associates, we believe that reducing regulatory oversight on foreign investments and portfolio norms is a forward-looking move—especially in an already compliance-strong environment. Our Partner, Archana Balasubramanian, shared her perspective on how such reforms strike the right balance between fostering... Continue Reading →
Introduction The Draft Arbitration and Conciliation Bill, 2024 (“Amendment 2024”), seeks to reform India’s arbitration system, which has faced criticism for adopting the UNCITRAL Model without sufficient adaptation to the Indian legal context. The Bill proposes amendments to the existing Arbitration Act to address issues like excessive court interference, delays, and complex procedures. It emphasizes... Continue Reading →
ETLegalWorld featured our Partner Archana Balasubramanian’s insights on the MCA’s proposal to fast-track mergers—an initiative that could significantly streamline corporate restructuring in India Read more - https://lnkd.in/gCFUdcyd
Introduction As capital markets become more and more accessible to both investors and companies, the Securities Exchange Board of India (SEBI) has the primary duty of protecting and safeguarding the interests of its investors.[1] Through the implications of rules and regulations, SEBI ensures the smooth functioning across the various segments of the stock exchange. Amongst... Continue Reading →
COMMERCIAL LAW BLOG 