This article has been authored by Suman Kumar Jha (Founding & Managing Partner), Afnaan Siddiqui (Co-Founder & Partner), Visakha Raghuram (Associate) at Corp Legex. The process of reduction of share capital may be adopted by companies for myriad reasons such as wiping out accumulated losses, paying out shareholders and providing them an exit opportunity, for […]
This article has been authored by Suman Kumar Jha (Founding & Managing Partner), Afnaan Siddiqui (Co-Founder & Partner), Visakha Raghuram (Associate) & Harsh Kshitij. Overview On February 15, 2024, the Insolvency and Bankruptcy Board of India (IBBI) introduced certain significant amendments to the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 through the IBBI(Insolvency Resolution Process for Corporate Persons) (Amendment) […]
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