Adv. Lazim Vengattil, Associate, Alishahz Legal LLP INTRODUCTION In our increasingly interconnected world, contracts are no longer limited to formal agreements signed with pen and paper. Many of our daily interactions ranging from clicking “I Agree” on a website to stepping into a metro station are governed by contracts we […]
Read MoreTag: Corporatelaws
CAN A SEPARATE CLASS OF CREDITORS BE CREATED WITHIN OPERATIONAL CREDITORS: ANALYSIS OF THE JUDGMENT IN NCC LTD. V. GOLDEN JUBILEE HOTELS PVT. LTD. AND ORS.
Adv. Lazim Vengattil, Associate, Alishahz Legal LLP The judgment in NCC Ltd. v. Golden Jubilee Hotels Pvt. Ltd. and Ors. (Comp. App. (AT) (Ins.) No. 426 of 2020 & I.A. No. 1702, 2198, 2199 of 2023) examines the legality of creating a subclass within operational creditors and whether differential treatment […]
Read More
MERGERS & ACQUISITIONS UNDER COMPANIES ACT, 2013
Adv. Lazim Vengattil, Associate, Alishahz Legal LLP INTRODUCTION The Companies Act 2013 in India contains important rules and guidelines for mergers and acquisitions (M&A). These rules, primarily detailed in Sections 230 to 240 of the Act, cover various aspects of M&A. While the Act doesn’t offer a precise definition of […]
Read More