Karnataka High Court Holds That Banks Can Not Seek Issuance of Look Out Circular Against Individuals for the Purpose of Recovery
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NCLT Kolkata Opens the Door to Cross-border Insolvencies: Allows Initiation of Proceedings Against a Personal Guarantor Who is a Foreign Citizen
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Bombay High Court Reiterates the Law on Invocation of Arbitration Under Section 21 of the Arbitration and Conciliation Act, 1996
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ED cracks down on crypto exchange platform WazirX in connection with instant loan app fraud case
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Dentsu Group acquires a majority stake in Extentia
Supreme Court Upholds Section 3, 4 And 10 Of The Insolvency And Bankruptcy Code (Amendment) Act, 2020
FACTS The Insolvency and Bankruptcy Code (Amendment) Act, 2020 (“Amendment”), inter alia, inserted certain provisions in the Insolvency and Bankruptcy Code, 2016 (“Code”), including proviso to Section 7(1) and explanations to Section 11 and Section 32 of the Code. Various writ petitions were filed by the petitioners, mostly allottees under real estate projects, under Article […]
Labour Law & Employment Newsletter (December 2020)
The Monthly Legal Bulletin (December 2020)
Reviving Maharashtra’s F&B Industry Following the Protocols – Cost is Confidence?
INTRODUCTION The Directorate of Tourism, Government of Maharashtra, on September 30, 2020, released protocols required to be followed by restaurants, cafes, canteens, eating joints, dining halls, food & beverage (“F&B”) outlets located within or outside hotels/ resorts (collectively, “Restaurants”), wanting to open their doors to the general public (“Protocols”). The government has allowed opening of […]
