Corp Legex

Stamp Duty upon Amalgamation: Analysis of State of Tamil Nadu v. Serene Estates Pvt. Ltd.

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) […]

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