Supreme Court of India, Allahabad High Court, Calcutta High Court, Chhattisgarh High Court, Gujarat High Court, Madras High Court, Madhya Pradesh High Court, Orissa High Court, Telangana High Court, Delhi Districts Courts, National Green Tribunal, National Company Law Appellate Tribunal have advanced their summer vacations with a view to allow time for court staff and advocates to recover from this wave…
The Singapore International Arbitration Centre has released its annual report for 2020. India-based parties top the list of users with more than half of the cases involving Indian parties.
The International Bar Association released a toolkit which aims to provide guidance to parties, counsel and arbitrators in situations where a party to arbitration proceedings is also subject to insolvency proceedings in one or more jurisdictions. The release of the toolkit is…
The Reserve Bank of India (RBI) has mandated the usage of Cheque Truncation System (CTS) across the country w.e.f. September 30, 2021 and passed the Reserve Bank of India (Digital Payment Security Controls) Directions, 2021 to set minimum security standards to be followed for all digital payment infrastructure operating in India. The RBI has issued directions in relation to posting and collection of margins for permitted derivatives contracts…
The Ministry of Corporate Affairs invited comments from the public on the proposal for pre-pack insolvency resolution. This mechanism is intended to be debtor-in-control instead of the creditor-driven process under the IBC at present. Our partner, Ms. Mani Gupta commented on this development in this article for Global Restructuring Review.
Should the Swiss challenge method of auction be permitted? The Delhi High Court has asked the IBBI to…
This blog contains periodic updates on Indian law prepared by Sarthak Advocates & Solicitors. Please refer to the disclaimer. We welcome your comments and suggestions. For any comments, suggestions or further clarifications, please contact us at knowledge@sarthaklaw.com.
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