Our Senior Partner Vinod P Veettil quoted in Business Standard
In a recent article published by Business Standard titled “Paytm management-auditor tussle paves way for financial transparency”, Our Senior Partner Vinod P Veettil shares his expert insights. Vinod Opined “While assessing an entity’s abilityto continue
Bombay High Court Holds That Employees Cannot Subsequently Challenge Their Promotion After Accepting The Same Without Demur
In a recent judgment, passed in the matter of Shri Shripad Dwarkanath Gupte and Ors. v. Union of India[1] the Hon’ble Bombay High Court (“HC”) elucidated that employees who have accepted promotions based on grades,
Related Parties of the Corporate Debtor cannot circumvent Proviso to Section 21(2) of IBC by Assignment of Financial Debt to a Third Party: NCLAT Delhi
Introduction In the case of Peanence Commercial Pvt. Ltd. & Ors. v. Mamta Binani (RP for Rolta India Limited)[1], the Hon’ble NCLAT upheld the decision of NCLT Mumbai Bench stating that merely assignment of financial
Our Senior Partner Shiju PV Quoted in Business today
In a recent article published by Business Today titled “Sebi crackdown: What new rules on regulated entities dealing with finfluencers mean”, Our Senior Partner Shiju Pv shares his expert insights. Shiju questioned the practicality of
Upholding Plaints Seeking Urgent Relief Without Pre-Institution Mediation Barriers
In a recent judgement[i], the Hon’ble Bombay High Court (“HC”), dismissed an application filed under Order VII Rule 11 of the Code of Civil Procedure (“CPC”), by Chemco Plast (“Defendant”) seeking rejection of a trademark
Section 5(2) of the SARFAESI Act contains a deeming clause that allows the ARC to pursue the Section 7 IBC proceedings, in cases where an Assignment Agreement is duly registered: NCLAT Delhi
In the case of Emta Coal Ltd. v. L&T Finance Ltd. and Anr., the National Company Appellate Tribunal vide Order dated 28.05.2024 held that when debt assignment is registered without raising any objections regarding inadequacy
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