201712.11
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Insolvency Ordinance Faces Challenge

Insolvency Ordinance Faces Challenge The Insolvency Ordinance, has been challenged in the form of Writ Petition before the Punjab and Haryana High Court, by RMS Pvt. Ltd. Facts: RMS Pvt. Ltd. had defaulted on approximately Rs. 100 Crores worth of loan. The resolution plan for repayment of dues to the lenders, had been submitted by…

201712.11
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Changes & Implication -Tax Cuts and Jobs Act in US

Changes & Implication -Tax Cuts and Jobs Act in US US Tax Code recently underwent the largest change in its history as Senate passed its plan in a 51-49 vote. It was the biggest obstacle to pass in the Senate. It will transform US health care sector, higher education, philanthropy, and, of course, the federal…

201712.11
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Arbitration- When Corporate Veil Can Be Pierced ?

Arbitration intelligence GMR Energy Limited v. Doosan Power Systems India Pvt. Ltd. & Ors. 2017 SCC OnLine Del 11625   Facts: The arbitration between Doosan India, GMR Energy, GMR Chhattisgarh Energy Limited (GCEL) and GMR Infrastructure Limited (GIL) for development of a 1350 MW Coal Fired Thermal Power Plant at Raikheda in Chhattisgarh was under…

201712.05
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Foreign Trade Policy- Mid Term Review,2017

Foreign Trade Policy- Mid Term Review,2017 The mid-review of Foreign Trade Policy  finally stands released today on 5th December,2017.It was delayed since July 2017 for the sake of GST. Priority- It has considered the ease of trading for exporters and to neutralize the impact of the GST. Aim – To  double India’s exports of goods and services…