Legal Capsule by LexCounsel
Extension of Realisation Period of Export Proceeds To ease the impact of disruption caused by the Coronavirus/COVID-19 pandemic, the Reserve Bank of India (“RBI”) has provided extension of the period…
Extension of Realisation Period of Export Proceeds To ease the impact of disruption caused by the Coronavirus/COVID-19 pandemic, the Reserve Bank of India (“RBI”) has provided extension of the period…
RECKONER ON THE CHANGE IN COMPLIANCE REQUIREMENTS IN TIMES OF COVID Bhargavi Ravi, Senior Associate With the single mindedness of a conquering army, COVID-19, continues to sweep through the world,…
Press Release Venture Capital* investors invested $1.74 Billion (across 126 deals) in Indian Startups during the quarter ended March 2020, according to data from Venture Intelligence, a research service focused…
Press Release Private Equity-Venture Capital (PE-VC) firms invested $5.9 Billion (across 164 deals) during the quarter ended March 2020 – 36% lower than the $9.2 Billion (across 249 transactions) during…
OUR SUPPORT The recent outbreak of COVID-19 is having a devasting impact on our clients’ businesses, operations, workforce and morale. From ‘growth’, ‘business plans’, ‘targets’, ‘recruitment’, the discussions have shifted…
FORCE MAJEURE AND CORONAVIRUS: FREQUENTLY ASKED QUESTIONS Part 1: Force Majeure and Suspension/Termination of Contracts Coronavirus (COVID-19) is turning out to be a twin fold pandemic – that started with…
CONVERTIBLE NOTE: INVESTMENT VENTURE Authors: Madhavan Srivatsan, Aiyush Gupta and Khizer A. Qureshi 1. Preface With the term ‘start-up’, the term ‘investment’ immediately comes in one’s mind and in the…
LIQUIDATED DAMAGES CANNOT TRIGGER INSOLVENCY PROCEEDINGS Judgment: Gujarat Urja Vikas Nigam Limited vs Nitash Co-generation Private Limited Forum: National Company Law Tribunal, Mumbai Bench (“NCLT”). Act/Law: The Insolvency and Bankruptcy…
DEBENTURES AS INVESTMENT INSTRUMENT A. Introduction The term ‘Debentures’ as defined under the Companies Act, 2013 (“Act”) includes “debenture stock, bonds or any other instrument of a company evidencing a…
Open General Export Licenses In lieu of the Government’s mandate to ensure ease of doing business, the Department of Defence Production (DDP) has published two notifications dated October 21, 2019…