The order passed by the Tribunals on issue relating to resolution of insolvency continue to grab attention with its far reaching impact on stake holders. An insight into one such issue.
Pongal and Sankranti celebrations across the country just got done. However we have reasons to continue celebration. Besides bringing live our latest edition of The Law Tree, we are extremely delighted to welcome onto the Advisory Board of our Law firm two eminent legal luminaries - Former Justice of the Madras High Court Shri K.P. Sivasubramaniam and Former Justice of the Madras High Court Shri. M. Jaichandren. Rest assured, we are going to go (further) places!
A monthly update of the most significant cases on insolvency and bankruptcy and its resolution
Ahmednagar Merchant’s Co-Operative Bank Ltd. v. Shree Ganesh Stampings Pvt Ltd. 3215 / 2019
Initiation of CIRP
Laws on Social Impact Companies
There’s a sudden spurt in the number of Companies across the globe which make profits and do good to society at large. The government is mulling over a creating exclusively laws governing the same.
Circulars & Notifications
Circulars and Notifications
December 30, 2019
Auction of Government of India Dated Securities
December 16, 2019
Management and advisory services by AMCs to Foreign Portfolio Investors
December 24, 2019
Guidelines for filing of placement memorandum
December 27, 2019
Measures to strengthen the conduct of Investment Advisers (IA)
and Tata Group
On 10th January 2020, the Supreme Court of India ordered a stay on a National Company law appellate Tribunal (NCLAT) order that reinstated Cyrus Mistry as executive chairman of Tata Sons. In the backdrop of the latest twist in the Cyrus Mistry Vs Tata Sons case, a look at the near 2-year saga that has led to the present situation.
The Publicity of Privacy
The issue of data breach has become rampant in the last few years across the corporates posing a threat to confidentiality. A look at the numbers.
China’s debt-trap diplomacy-
A threat to Indian peripheral relations
Debt trap policy seems to be China’s new defence power as the country uses economic aggression to establish its supremacy the world over.
Confession of judgement
An argument looking in both directions at the same time, eg urging jurors not to be swayed by sympathy, but adding that any sympathy should be in favor of the arguing counsel’s client.
In Civil law, a calendars book of accounts; memorandum-book, or debt-book; a book in which accounts were kept of moneys loaned out on interest.
Labor a Jury
Tamper with a jury; to endeavor to influence them in their verdict, or their verdict generally. Jury tampering is a crime.
Acts in 2019
IPC, CrPC set to change to ensure speedy justice
AI in Supreme Court
A Civil Action (1998)
A 1998 movie based on a book of the same name, the plot of the movie and the book is a class action
suit that is fought by a small time lawyer Jan Schlichtmann (played by John Travolta) in Massachusetts who originally takes up the case with an intention to get famous. But when he realizes that local tanneries run by giant corporation are releasing toxins into the water bodies that are killing children, then Jan and his fellow partner get into the thick of action and file a class action suit. Efforts by attorney (Robert Duvall) representing the corporations to offer a huge settlement fall through, the case is dismissed, and the Jan and his partner get back to living a near bankrupt life. However, based on Jan’s work on the case the environment enforcement protection agency takes up the case and finding merit in Jan’s findings, orders the corporations to pay huge sums of compensation and also fund the clan up of the water bodies. Justice is finally served.
by Alafair Burke
Alafair Burke is a Lawyer and international bestselling author. In her debut 2003 novel, she brings alive her own experiences of being a lawyer. Her novel centres around a strong and just woman deputy district attorney of drugs and vice division. What appears to be straight case of attack / assault on a 13 year old girls actually lead to a grizzly world of drugs, murder and under age prostitution racket involving a serial killer. In the process she reaches her own judgment – both in professional and personal life. The novel was touted as brash, bold and new age style of fiction criminal writing.
The Practice (1997-2004)
One of the most successful television legal shows from the house of David E Kelly (former attorney, producer and director of several epic legal TV shows), The practice is an American legal drama that centres around a Boston legal firm and their partners. The tussle between each of their professional ethics and personal ambitions interspersed with comedy and humanity make this Emmy award winning series a must watch.