Asset Reconstruction Company (I) Limited (ARCIL) Vs. Koteswara Rao Karuchola & Ors. (NCLAT, NEW DELHI) Company Appeal (AT) (Insolvency) No. 633 of 2018 ISSUE: The issue before the Court was whether a Company against which Money Laundering case has been initiated can be allowed to be the member of the Committee of Creditors. FACTS: A […]
The enactment of the Code on Wages, 2019 (‘Wage Code’) is the long-awaited first step in rationalizing India’s complex labour laws. The Government of India has notified the Code on Wages, 2019 (‘Wage Code’) after it received assent from the President of India on 08.08.2019. The Code on Wages once notified shall apply to all […]
The Union Cabinet approved certain amendments to the Foreign Direct Investment (“FDI”) policy, by way of a press release dated August 28, 2019 (“PR”). Thereafter the department for the promotion of Industry and Internal Trade (DPIIT) has issued Press Note No. 4 of 2019 dated 18th of September 2019 notifying the changes to the foreign […]