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  • Financial Creditors To Face A New Hurdle While Initiating Insolvency

    Financial Creditors To Face A New Hurdle While Initiating Insolvency

    Financial creditors who relied on balance sheets as proof of debt to initiate insolvency proceedings may now face a new hurdle following a ruling by the National Company Law Appellate Tribunal. (Photo Credit: Bloomberg Quint)

    28th December 2020 | Bloomberg QuintRead More
  • CCI cuts merger review disclosure requirements

    Parties seeking merger clearance can sigh with relief, as India has done away with the disclosure requirements governing non-compete clauses. In November, the Competition Commission of India (CCI) announced that parties to a combination (merger/ acquisition) are no longer required to give separate details regarding non-compete clauses. This ensures flexibility for both the competition authority and merging parties. It is a win-win situation, as the merger review process will not be held up by these clauses, giving the industry the flexibility to operate commercially.

    28th December 2020 | India Business Law JournalRead More
  • Like a Boss and Case Study Moneycontrol and thelawyer

    CAM adopts ‘flexi work’ policy

    Cyril Amarchand Mangaldas (CAM) has announced a permanent working policy that allows its teams to work onsite and offsite, including work from home. The firm has been working on a remote-only model since the start of the pandemic and will continue the current work-from-home arrangement until 31 March 2021. The new long-term work- ing policy will come into effect after the pandemic wanes.

    28th December 2020 | India Business Law JournalRead More