Tag: Committee of creditors
June 23, 2021
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
THE MCA PROPOSES TO TAKE THE FLASH OUT OF FLASH SALES
The Ministry of Consumer Affairs (MCA) on June 21, 2021, suggested amendments to the Consumer Protection (E-commerce) Rules, 2020 (“E-Commerce Rules”), with the aim of tightening the functioning of large online marketplaces. ......
February 24, 2021
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
The Supreme Court Blackballed Ex-related Parties from t...
The Supreme Court, recently, in the case of Phoenix Arc Private Limited v. Spade Financial Services Limited, held that the intent of Sec. 21 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) will be defeated if related parties are just determined “in presaenti” i.e., on the present basis. ......