Covid-19 : officially a pandemic

The World Health Organisation (WHO) declared COVID-19 as a “pandemic” on March 11, 2020.

Filed under:
India, Company & Commercial, Competition & Antitrust, Employee Benefits & Pensions, Employment & Labor, Immigration, Insolvency & Restructuring, Insurance, Litigation, Public, Cyril Amarchand Mangaldas, Due diligence, Force majeure, Coronavirus, World Health Organization
Authors:
Bharat Vasani , Molla Hasan
Location:
India
Firm:
Cyril Amarchand Mangaldas
Is Liquidation Irreversible? Schemes of Compromise or Arrangement for Companies in Liquidation

The 2005 Report of the Expert Committee on Company Law (JJ Irani Committee Report) had noted that an effective insolvency law:

“should strike a balance between rehabilitation and liquidation. It should provide an opportunity for genuine effort to explore restructuring/ rehabilitation of potentially viable businesses with consensus of stakeholders reasonably arrived at. Where revival / rehabilitation is demonstrated as not being feasible, winding up should be resorted to.

Filed under:
India, Capital Markets, Competition & Antitrust, Insolvency & Restructuring, Litigation, Cyril Amarchand Mangaldas, Debtor, Securities and Exchange Board of India
Authors:
L. Viswanathan , Bharat Vasani , Gaurav Gupte
Location:
India
Firm:
Cyril Amarchand Mangaldas