...
Revamp of the Overseas Direct Investment Regime
INTRODUCTION On 22nd August 2022, the Finance Ministry notified the Foreign Exchange Management (Overseas Investment) Rules, 2022 (“Rules”). The R...
Initiation of Corporate Insolvency Resolution Process by Financial Creditors – now a discretionary relief!
I. INTRODUCTION The Insolvency and Bankruptcy Code, 2016 (“Code”) was enacted at a time when there was no singular law which dealt with insolvency...
Section 66 of the Insolvency and Bankruptcy Code- A brief overview
Introduction The Insolvency and Bankruptcy Code, 2016 (“IBC”) has been a landmark legislation for systematic corporate debt restructuring in Ind...
Parinam Law Associates successfully represented Mr. Shreehas Tambe, a senior executive of Biocon Ltd. in proceedings before the Hon’ble Securities Appellate Tribunal (SAT).
Parinam Law Associates successfully represented Mr. Shreehas Tambe, a senior executive of Biocon Ltd. in proceedings before the Hon’ble Securiti...
Unpaid license fees – An ‘operational debt’ under the Insolvency & Bankruptcy Code 2016
Introduction In a move to accord relief to Licensors with outstanding license fee payments, the National Company Law Appellate Tribunal (“NCLAT”) ...
Non-executive Directors not liable under S.138 r/w 141 of the NI Act unless involved in day-to-day affairs of the company
INTRODUCTION: In a recent judgment passed on July 1st, 2022 by Justice P.D. Naik in the case of Satvinder Jeet Singh Sodhi & Anr. v. State of Maha...