Corp Legex

NAVIGATING COMPLIANCE: A GUIDE TO THE DIGITAL PERSONAL DATA PROTECTION ACT, 2023

August 6, 2024

NAVIGATING COMPLIANCE: A GUIDE TO THE DIGITAL PERSONAL DATA PROTECTION ACT, 2023

  The Article has been authored by Suman Kumar Jha (Founder & Managing Partner), Afnaan Siddiqui (Co-Founder & Partner) & Visakha Raghuram (Associate) and Gurpreet Kaur INTRODUCTION India’s progress towards robust data privacy and protection reached a significant milestone with the passage of the Digital Personal Data Protection (‘DPDP’) Act on August 11, 2023. The increasing digitization of personal data and the […]

July 31, 2024

SEBI’s New Chapter III-D: Migrated Venture Capital Funds Explained

The Article has been authored by Suman Kumar Jha (Founder & Managing Partner), Afnaan Siddiqui (Co-Founder & Partner) & Visakha Raghuram (Associate) and Akshita Varshney Introduction  SEBI, vide Notification dated July 11, 2024, has amended the SEBI (Alternative Investment Funds) Regulations, 2012, whereby a new Chapter III-D regarding ‘Migrated Venture Capital Funds’ has been introduced.   A ‘Migrated Venture Capital Fund‘ refers to […]

July 31, 2024

Asset Separation in Insolvency: Insights from the BRS Ventures vs. SREI Infrastructure Judgment

The Article has been authored by Suman Kumar Jha (Founder & Managing Partner), Afnaan Siddiqui (Co-Founder & Partner) & Visakha Raghuram (Associate) and Bharat    Introduction In the recent judgment of ‘BRS Ventures Investments Ltd. vs. SREI Infrastructure Finance Limited’ (Civil Appeal 4565 of 2021), the Supreme Court addressed a critical issue regarding the maintainability of a second application […]

July 25, 2024

One World Center Pvt. Ltd. Vs FIM Holdco Ltd. And Anr. – NCLAT New Delhi: Upholding Procedural Efficiency in Corporate Restructuring

This Article has been authored by Suman Kumar Jha (Founder & Managing Partner), Afnaan Siddiqui (Co-Founder & Partner) & Visakha Raghuram (Associate) and Gurpreet Kaur Introduction The present appeal arises from an order dated 22.04.2024 (“Impugned Order”) passed by the National Company Law Tribunal (“Tribunal”), Chandigarh Bench, in relation to C.A. No. 197/2023 filed under sections 230-232 read with section […]

July 9, 2024

Does Commercial Wisdom Encroach on Judicial Wisdom?

This Article has been authored by Suman Kumar Jha (Founding & Managing Partner), Afnaan Siddiqui (Co-Founder & Partner), Visakha Raghuram (Associate) and Akshita Varshney at Corp Legex. Introduction: The Insolvency and Bankruptcy Code, 2016 (IBC) was enacted with the objective of providing a time-bound insolvency resolution mechanism to a financially stressed company and saving it from liquidation. For […]

July 7, 2024

SEBI (Prohibition of Insider Trading) (Second Amendment) Regulation, 2015 on June 26, 2024

This Article has been authored by Suman Kumar Jha (Founding & Managing Partner), Afnaan Siddiqui (Co-Founder & Partner), Visakha Raghuram (Associate) and Akshita Varshney The Securities and Exchange Board of India (‘SEBI”) on June 25, 2024 has notified the SEBI (Prohibition of Insider Trading) (Second Amendment) Regulations, 2015 (“PIT”). The amendment shall come into effect from […]

April 24, 2024

Is a 99% Reduction In A Company’s Share Capital Allowed?

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 […]

April 15, 2024

Amendments in the IBBI (Insolvency Resolution Process for Corporate Persons), 2016 introduced on 15.02.2024

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) […]

ACKNOWLEDGEMENT

The rules of the Bar Council of India prohibit lawyers and law firms from soliciting work and advertising. By proceeding further and clicking on the “I AGREE” button herein below, I hereby acknowledge that I, of my own accord, intend to know more and subsequently acquire more information about CORP LEGEX for my own purpose and use. I further acknowledge that there has been no advertisement, solicitation, communication, invitation or inducement of any sort whatsoever from CORP LEGEX or any of its members to create or solicit an attorney-client relationship through this website. I further acknowledge having read and understood and perused through the content of the DISCLAIMER mentioned below and the Privacy Policy.

DISCLAIMER

This website (www.corplegex.com) is a resource for informational purposes only and is intended, but not promised or guaranteed, to be correct and complete. CORP LEGEX does not warrant that the information contained on this website is accurate or complete, and hereby disclaims any and all liability to any person for any loss or damage caused by errors or omissions, whether such errors or omissions result from negligence, accident or any other cause. Any information obtained or downloaded from this website is completely at the user’s volition and their own discretion and any further transmission, receipt or use of this website would not create any attorney-client relationship. The contents of this website do not constitute, and shall not be construed as, legal advice or a substitute for legal advice. All material and information (except any statutory enactments and/ or judicial precedents) on this website is the property of CORP LEGEX and no part thereof shall be used, without the express prior written consent of CORP LEGEX.