Sarthak Law
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…