The resolution of insolvent Reliance Capital Ltd. may face further delays due to a dispute with Credit Suisse AG.
Akil Hirani, Managing Partner, was quoted in BQ Prime on the topic.
“Since the Insolvency & Bankruptcy Code prescribes that all matters relating to an insolvent company are to be clubbed under the NCLT, that is most likely the next step. Reliance Capital’s creditors may look to challenge the pledge by claiming that there was a breach of contract”, he said.
Last week, in the EXL Service.Com, Inc. case, the Delhi Income-tax Appellate Tribunal (Tribunal) followed the Supreme Court’s rulings in the Formula One and E-Funds cases and, inter alia, held that a US taxpayer does not have a fixed place permanent establishment...
We are pleased to share that Akil Hirani, Managing Partner and Head of Transactions, Neerav Merchant, Partner and Head of Disputes, and Rukshad Davar, Partner and Head of M&A Practice, have been recognised as India's A-List lawyers for 2023-24 by India Business...
We are pleased to share that our firm has been recommended for various practice areas by Chambers and Partners in their Asia-Pacific Guide 2024. Firm Rankings Corporate/M&A: The Elite Dispute Resolution Employment Life Sciences Real Estate: Mumbai-based...
Rukshad Davar, Partner and Head of M&A Practice, has been recognized by Who's Who Legal as a recommended practitioner for Franchising. Congratulations, Rukshad.
We are pleased to share our IFLR1000 rankings for 2023. Firm Rankings Tier 3 M&A Private Equity Project Finance Project Development: Telecommunications Networks Tier 4 Banking Capital Markets: Debt Project Development: Infrastructure Partner Rankings Akil Hirani,...
We are pleased to share that our firm has been recognised by asialaw in their 2023 rankings across multiple industry sectors and practice areas. Practice Areas: Highly Recommended: Labour and Employment Recommended: Banking and Finance, Construction, Corporate and...