International – INTELLECT LAW PARTNERS

Understanding the Liability of Personal Guarantors under the Insolvency and Bankruptcy Code, 2016
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Understanding the Liability of Personal Guarantors under the Insolvency and Bankruptcy Code, 2016

Financial, International, Taxes

Understanding the Liability of Personal Guarantors under the Insolvency and Bankruptcy Code, 2016

By Ashish Aggarwal and Gurcharan Singh Introduction: The enactment of the Insolvency and Bankruptcy Code, 2016 (IBC) revolutionized India's insolvency landscape by providing a comprehensive framework for resolving corporate insolvencies. Alongside this, the IBC also introduced significant changes concerning the liability of personal guarantors. This article aims to shed light on the liability of [...]

By intell22333|2023-09-25T07:01:50+00:00September 25th, 2023|Financial, International, Taxes|0 Comments

An Analysis of Group Insolvency in India with a focus on 2nd Report of the Cross Border Insolvency Rules/Regulations Committee on Group Insolvency
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An Analysis of Group Insolvency in India with a focus on 2nd Report of the Cross Border Insolvency Rules/Regulations Committee on Group Insolvency

Financial, International, Taxes

An Analysis of Group Insolvency in India with a focus on 2nd Report of the Cross Border Insolvency Rules/Regulations Committee on Group Insolvency

By Ashish Aggarwal and Ravina In recent years, there has been an increasing focus on the need for regulation on group insolvency. In the Insolvency and Bankruptcy Code, 2016 (IBC) there is no mention of group insolvency, however, there are certain judgments of the Hon’ble National Company Law Appellate Tribunal, which have dealt with [...]

By intell22333|2023-09-25T07:07:57+00:00September 25th, 2023|Financial, International, Taxes|0 Comments

Borrowers must be heard before their Account is classified as Fraud by a Bank: Supreme Court
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Borrowers must be heard before their Account is classified as Fraud by a Bank: Supreme Court

Financial, International, Taxes

Borrowers must be heard before their Account is classified as Fraud by a Bank: Supreme Court

Borrowers Must Be Heard Before Their Account Is Classified As Fraud By A Bank: Supreme Court By Ashish Aggarwal, Jaisal Baath Reserve Bank of India is constituted under Section 3 of the Reserve Bank of India Act, 1934 (“RBI Act”). RBI has been vested with the powers to issue directions to banking companies in [...]

By intell22333|2023-09-25T06:25:01+00:00September 25th, 2023|Financial, International, Taxes|0 Comments

Investors in Start-Ups and Probability of them being classified as Promoters
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Investors in Start-Ups and Probability of them being classified as Promoters

Financial, International, Taxes

Investors in Start-Ups and Probability of them being classified as Promoters

By Ashish Aggarwal and Nalin Dhingra In any negotiation for investment by any angel investor, PE fund, VC Funds, etc., most of the investors insist that it should be specifically carved out in the Shareholders/Share Subscription agreement etc. that the said investors shall not be classified as promoters. The said requirement evolves out of the [...]

By intell22333|2023-09-25T07:11:56+00:00September 25th, 2023|Financial, International, Taxes|0 Comments

Law on Limitation for filing of a Written Statement: Explained
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Law on Limitation for filing of a Written Statement: Explained

Financial, International, Taxes

Law on Limitation for filing of a Written Statement: Explained

Table of Contents I. Introduction. 1 II. The law as it stands today 2 III. Tracing the history of law as it stands today 5 A. Suit is duly instituted. 10 B. Summons to be accompanied with the plaint and the document relied upon therein. 12 C. Defendant entered appearance before the service of [...]

By intell22333|2023-09-22T19:34:47+00:00February 7th, 2021|Financial, International, Taxes|0 Comments

Procedural Differences – Suit under The Commercial Courts Act, 2015 and The Code of Civil Procedure, 1908
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Procedural Differences – Suit under The Commercial Courts Act, 2015 and The Code of Civil Procedure, 1908

Financial, Governments, International

Procedural Differences – Suit under The Commercial Courts Act, 2015 and The Code of Civil Procedure, 1908

November 2020 ashish@intellectlp.com I. INTRODUCTION The Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015 (“the Act”) which has made amendments to the Civil Procedure Code, 1908 (“CPC”) was enacted to provide speedy disposal of high value commercial disputes to invite investor confidence. The Act is an effort on behalf [...]

By intell22333|2023-09-22T19:16:16+00:00November 15th, 2020|Financial, Governments, International|0 Comments

Scope of Challenge to an Arbitral Award under Section 34 of The Arbitration & Conciliation Act, 1996
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Scope of Challenge to an Arbitral Award under Section 34 of The Arbitration & Conciliation Act, 1996

Financial, International, Taxes

Scope of Challenge to an Arbitral Award under Section 34 of The Arbitration & Conciliation Act, 1996

JUNE 2020 ashish@intellectlp.com About Intellect Law Partners (ILP) ILP is a full-service law firm, based in India, offering unparalleled legal expertise to corporations, individuals and international entities, rendering across a comprehensive range of practice areas including Corporate Laws, Commercial Laws, Insolvency Laws, Civil Laws including Succession Laws, Real Estate and Corpo-Criminal Laws that are [...]

By intell22333|2023-09-22T19:17:12+00:00June 19th, 2020|Financial, International, Taxes|0 Comments

Residential Status of NRI under The Income Tax Act, 1961 as per The Finance Act, 2020
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Residential Status of NRI under The Income Tax Act, 1961 as per The Finance Act, 2020

Acquisitions, Financial, International, Taxes

Residential Status of NRI under The Income Tax Act, 1961 as per The Finance Act, 2020

JUNE 2020 ashish@intellectlp.com About Intellect Law Partners (ILP) ILP is a full-service law firm, based in India, offering unparalleled legal expertise to corporations, individuals and international entities, rendering across a comprehensive range of practice areas including Corporate Laws, Commercial Laws, Insolvency Laws, Civil Laws including Succession Laws, Real Estate and Corpo-Criminal Laws that are [...]

By intell22333|2023-09-22T19:18:06+00:00June 2nd, 2020|Acquisitions, Financial, International, Taxes|0 Comments

All you need to know about Wills
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All you need to know about Wills

Acquisitions, Financial, International, Taxes

All you need to know about Wills

MAY 2020 ashish@intellectlp.com About Intellect Law Partners (ILP) ILP is a full-service law firm, based in India, offering unparalleled legal expertise to corporations, individuals and international entities, rendering across a comprehensive range of practice areas including Corporate Laws, Commercial Laws, Insolvency Laws, Civil Laws including Succession Laws, Real Estate and Corpo-Criminal Laws that are [...]

By intell22333|2023-09-22T19:19:19+00:00May 18th, 2020|Acquisitions, Financial, International, Taxes|0 Comments

Preferential Transactions under the Insolvency & Bankruptcy Code, 2016
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Preferential Transactions under the Insolvency & Bankruptcy Code, 2016

Financial, International, Taxes

Preferential Transactions under the Insolvency & Bankruptcy Code, 2016

MAY 2020 ashish@intellectlp.com About Intellect Law Partners (ILP) ILP is a full-service law firm, based in India, offering unparalleled legal expertise to corporations, individuals and international entities, rendering across a comprehensive range of practice areas including Corporate Laws, Commercial Laws, Insolvency Laws, Civil Laws including Succession Laws, Real Estate and Corpo-Criminal Laws that are [...]

By intell22333|2023-09-22T19:20:15+00:00May 13th, 2020|Financial, International, Taxes|0 Comments

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