Section 29A (IBC) Due Diligence

The FinCEN Files. Swiss Leaks, Panama Papers, Paradise Papers and now, The Financial Crimes Enforcement Network (FinCEN) Files. The recent Sept. 20 release of the controversial  FinCEN Files  circulated after

The Indian Parliament enacted the landmark Insolvency and Bankruptcy Code, 2016 (Code) on May 28, 2016. One of the primary objectives of the Insolvency and Bankruptcy Code, 2016 (the “Code”

Insolvency describes a situation when an individual, company, or any other organization is unable to fulfill the financial obligations arising from a transaction. Bankruptcy is different from insolvency as it

IntroductionThe National Company Law Tribunal (“NCLT”) Mumbai Bench, on 9th June 2020 pronounced its decision in the case of Indus Biotech Private Limited vs. Kotak India Venture Fund-I . NCLT, while

With a nation-wide lockdown in force businesses and financial markets are facing the brunt of the economic fallout caused by the COVID-19. Intending to curb the social and economic distress

The Insolvency and Bankruptcy Code, 2016, (IBC) has opened up various possibilities for merger and acquisition (M&A) deals in India for companies eyeing inorganic growth opportunities. IBC proceedings

The phrase "undischarged insolvent'' is not specifically defined in IBC. The term "undischarged insolvent'' is mentioned under clause 3 of section 79, but the term 'bankrupt' is defined. 'Bankrupt' is

Insolvency laws were at the nascent stage in India, when the Parliament enacted a legislation named as Insolvency and Bankruptcy Code, 2016. It aimed to protect the interest of a