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18 Jul '20
Welcome to the updates from Indian arbitration law for the month of June, 2020. The situation regarding resumption of normal functioning of courts in India remains fluid. Various high courts have extended their interim orders – Delhi up to 31 August, Karnataka up to 7 August, Kerala up to 3 August, Allahabad up to 10 […]
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02 Jul '20
Welcome to our updates from the world of corporate law and regulation. With metropolitan cities and corporate hubs reopening, businesses require more support from governments to face the existential crisis. In this newsletter, we bring to you the key announcements that impact the corporate sector. Last week, the government notified the Banking Regulation (Amendment) Ordinance, […]
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18 Jun '20
We ended up taking an unexpected break but we are back. Welcome to the updates from Indian arbitration law for the month of April and May, 2020. The government has relaxed several restrictions but courts in India remain wary of reopening fully. They continue to push for virtual hearings, increasing the number and categories of […]
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12 Jun '20
Welcome to the updates from Indian insolvency and restructuring law for the month of May, 2020. The Indian Government announced Unlock 1.0 on 31 May 2020 to give a push to the Indian economy which had seen a sharp decline since and perhaps, because of the lockdown to curb COVID-19. In a much anticipated move, […]
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01 Jun '20
Welcome to our updates from the world of corporate law and regulation. A lot has happened since our last update, from the extension of nationwide lockdown to the announcement of an INR 20 lakh crore economic package and the Reserve Bank of India’s COVID-19 regulatory package to the substantial lifting of lock-down restrictions as part […]
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11 May '20
We hope that you and your dear ones are safe and healthy! India has now entered the third phase of the lockdown and there have been some relaxations in some areas in terms of permissible activities. The government, regulatory authorities and the judiciary are all working towards taking measures to balance the interests of creditors […]
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01 May '20
Welcome to our updates from the world of corporate law and regulation. In our last update, we covered the Reserve Bank of India’s (RBI) announcement about a 3-month moratorium. As India continues to remain in Lockdown 2.0, this newsletter focuses on the incremental or new measures announced by regulatory authorities to deal with the COVID […]
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23 Apr '20
Judicial authorities have recognised the unusual difficulties that the COVID-19 pandemic has presented parties to disputes. A Supreme Court bench of Chief Justice S.A. Bobde and Justices L.N. Rao and Surya Kant took suo motu cognizance of the situation arising from the COVID-19 pandemic and, exercising its plenary powers under Articles 141 and 142 of […]
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16 Apr '20
The governments of most countries affected by the COVID-19 pandemic have already taken steps for mitigating the stress felt by small and other businesses. India is no exception. In a slew of reforms announced by the Indian Finance Minister, the threshold for initiating the corporate insolvency resolution process under the IBC has been increased from […]
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30 Mar '20
Welcome to our updates from the world of corporate law and regulation. COVID-19, a disease originating in Wuhan in China, has impacted almost every corner of the world. India has also been adversely impacted economically and socially, affecting corporates and individuals alike. The Government of India too has reacted, much like many other governments, to […]