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18 Sep 2020, 11:36 pm by Guest
[Sikha Bansal is a Partner at Vinod Kothari & Company] A regulatory framework for asset reconstruction companies (ARCs) was introduced in India through the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). [read post]
29 Apr 2020, 9:01 am by Jonathan Bailey
The sentence is similar to two nearly-identical cases of ebook piracy that were also concluded by local police. 3: Appeals Court Upholds Judgments in Favor of Infogroup: DatabaseUSA, Vinod Gupta Owe More Than $22 Million Finally today, a press release by Infogroup writes that the Eighth Circuit Court of Appeals has upheld a jury verdict in favor of the database company Infogroup against their former CEO and founder Vinod Gupta and his new company DatabaseUSA. [read post]
12 Apr 2020, 8:14 pm by Guest
[Megha Mittal and Shreya Jain are Associates at Vinod Kothari & Co.] [read post]
27 Mar 2020, 9:54 pm by Guest
[Megha Mittal and Shreya Jain are Associates at Vinod Kothari & Co.] [read post]
23 Mar 2020, 9:50 am by Amie Grasso
Raoult’s peer review study, saying HCQ has a strong potential as a prophylactic measure against the severity of COVID-19. [read post]
16 Mar 2020, 8:24 pm by Guest
[Megha Mittal is an Associate with Vinod Kothari & Co.] [read post]
13 Aug 2019, 7:34 pm by Guest
[Sikha Bansal is a Senior Associate at Vinod Kothari & Company and can be reached at] The ruling of the Supreme Court in Pioneer Urban Land and Infrastructure vs. [read post]
3 Aug 2019, 12:26 am by Guest
Section 35(2) of the Code allows the liquidator to consult stakeholders but, in the same breath, it also says that the consultations shall not be binding on the liquidator. [read post]
27 Jul 2019, 2:33 am by Guest
[Vinod Kothari is a corporate and insolvency practitioner at Vinod Kothari & Co and can be reached at] The Companies (Amendment) Bill, 2019 has been placed before the Parliament on 25 July 2019. [read post]
9 May 2019, 2:03 pm by Guest
If the transfer of liabilities is an option given to the liquidator, and not mandatorily required for achieving a GCS, then the Liquidation Regulations do not seem to be saying so. [read post]
31 Oct 2018, 2:37 am by Guest
Commissioner of Income-Tax (30 October 2013), it was held that going concern always means to say ‘alive’, whether profit-making or not. [read post]
20 Aug 2018, 3:08 am by Guest
Yet, it says the feasibility of these coins is being studied and hints at launching its own digital currency. [read post]
15 Aug 2018, 11:40 pm by Guest
[Vinod Kothari is an insolvency practitioner at Vinod Kothari & Co and can be reached at] The circular dated 10 August 2018 issued by the Insolvency and Bankruptcy Board of India (IBBI) makes for interesting reading. [read post]
30 Jul 2018, 3:06 am by Guest
Thus, it will not be correct to say that there is any claw-back period for willfully undervalued transactions under section 49 and fraudulent conduct of business under section 66. [read post]
13 Apr 2018, 10:12 pm by Guest
Commissioner of Income-Tax, it was held that a going concern always means to say ‘alive’, whether it is profit-making or not. [read post]
8 Apr 2018, 11:54 pm by Guest
Nageswara Rao, Managing Director and CEO of NSDL, was quoted saying: “Earlier (in 1996), the challenge was to convince investors holding shares in electronic form was a good idea. [read post]
13 Feb 2018, 10:18 pm by Guest
What the Code says Sections 33 to 54 of the Code deal with the liquidation of the corporate debtor. [read post]
29 Jan 2018, 6:28 pm by Guest
To adopt any other rule would be to say that three ballots were contemplated– one affirmative, one negative, and another neither affirmative nor negative but forming a new class into which all ballots void for any reason must go. [read post]
9 Oct 2017, 7:12 pm by Guest
[Guest post by Richa Saraf, Assistant Legal Advisor at Vinod Kothari & Co.] [read post]