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Will pre-packages arrest delays and speed up distressed deals in India?

Will pre-packages arrest delays and speed up distressed deals in India?

by Rukshad Davar | Apr 19, 2021 | Authored by Rukshad Davar, Insolvency and Restructuring

Background Micro, Small, and Medium Scale Enterprises (“MSMEs”) have faced a lot of hardships and financial stress during the Covid19 pandemic. The Indian government has taken several measures to mitigate their distress, including increasing the limit of the minimum...
Supreme Court settles debate on moratorium under insolvency code for cheque dishonor cases

Supreme Court settles debate on moratorium under insolvency code for cheque dishonor cases

by Majmudar & Partners | Mar 26, 2021 | Insolvency and Restructuring

Background and Issue Whether the initiation of insolvency proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC) imposes a moratorium on proceedings against the corporate debtor, including those initiated under Section 138 of the Negotiable Instruments Act,...

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Majmudar & Partners (previously known as Majmudar & Co.), founded in 1943, is one of India’s premier law firms, serving an impressive roster of global corporations, major banks, and financial institutions, blending over 75 years of legal excellence with modern, international best practices.

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