Recent BCI Mandates for Law Students & Centres of Legal Education

Introduction: On September 24th, 2024, The Bar Council of India (BCI) mandated strict compliance with its directives related to State Bar Council (SBC) enrolment candidate declarations and systematic implementations in Centres of Legal Education (CLEs), through a notification. This notification was addressed to Centres of Legal Education (CLE) Issuing Law Degrees, Registrars, Vice-Chancellors, Deans, HODs and […]

The Legal Issue arising in lockup period in IPO

The Legal Issue Arising In Lockup Period In IPO & How Do You Trade It?

Concept An overwhelmingly large proportion of initial public offerings (IPOs) report lock-up provisions that prohibit existing stockholders from selling their shares within a specified period after the offering date. These lock-up periods may last as long as 180 days. Because influential buyers request the lock-up, we conjecture that the length conveys credible information pertinent to […]

Strategies that can make a company recession proof

Strategies That Can Make A Company Recession-proof

Concept of recession-proof Firms plan to be resistant to downturns and remain stable during extreme financial times. To do this, they utilize a few procedures. In the first place, they enhance their items or administration so they’re not excessively subject to one area of business. This implies assuming one piece of their business dials back, […]

NCLT Section 12a Amicus Publico LLP

Section 12A: Recent Development In IBC, 2016

INTRODUCTION Many creditors, whether operational or financial, may file an application for initiation of the corporate insolvency resolution process before the adjudicating authority, which is NCLT. The Insolvency and Bankruptcy Code, 2016. Thus, it became of utmost importance to introduce the withdrawal process as well to strengthen the objective of the Code. Through a landmark […]

Cross Border Insolvency Amicus Publico LLP

First Indian Company To Undergo Cross Border Insolvency: Jet Airways

INTRODUCTION As a result of the National Company Law Appellate Tribunal’s decision to establish a “Joint Corporate Insolvency Resolution Process” under the Insolvency and Bankruptcy Code (IBC), Jet Airways became the first Indian company to experience cross-border insolvency in 2019. This marked a significant milestone for the nation’s developing insolvency law. The pivotal issue concerns the […]

Status of Homebuyers as Financial Creditors

Introduction Taking money from the allottees of the real estate project is a common phenomenon. Further, this money is used by the developers for construction purposes. This is a true fact that sometimes developers take money from the allottees but do not fulfil the promise at their end. One option that can be availed of […]

International Arbitration Service Amicus Publico LLP

Concept of International Arbitration

ABSTRACT Usually disputes between the parties take too much time to settle. With loss of time the parties also suffer loss of finance occurred due to complex and long-stretched battle between the parties. Without a doubt it can be said that court proceedings are lengthy and complex and generally settle the disputes taking lots of […]

Cross Border Insolvency lawyers

Cross Border Insolvency

INTRODUCTION It’s very common to hear the news about companies, industries, or firms going bankrupt. The companies go bankrupt for various reasons, like poor decision-making, non-repayment of debt, increased competition, disputes with creditors or other members of the company, etc. These businesses not only severely damage themselves, but they also affect a large number of […]

Corporate and business lawyer

The Impact of the Pandemic and Economic Downturn on Corporate Insolvency

The pandemic and economic downturn have affected companies initiating insolvency proceedings under the India Bankruptcy Code (IBC) in various ways: • Increase in Insolvency Cases: Companies are struggling to meet their financial obligations, leading to corporate insolvency. It refers to a situation where a company is unable to meet its financial obligations. • Operational Challenges: […]

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