Standard of Review Under Indian And Singapore Jurisprudence With Special Reference To Anan Group Judgment: A Comparative Analysis INTRODUCTION Recently, the Singapore Court of Appeal in the matter of AnAn Group (Singapore) Pte Ltd vs. VTB Bank (Public Joint Stock Company) [2020] SCGA 33 (hereinafter referred to as ‘AnAn’) dealt with an interesting question i.e. […]
The Indian Corporate landscape has come a long way. The Liberalization in 1991 paved the way for foreign companies to set up operations in the country. It has been greatly recognized that with the passage of time, the laws evolve; hence, in the same way the regulatory legal framework of companies has also matured. One […]
The article deals with Additional Tier-1 Bonds, popularly known as ‘AT-1 Bonds’ and the recent restructuring plan proposed by the Reserve Bank of India for Yes Bank which has also resulted in writing off the AT-1 Bonds in totality, while using its powers conferred by the virtue of section 45 of the Banking Regulation Act, 1949.
This article aims to evaluate the aftereffect of the approval of a resolution plan upon pending criminal proceedings against the corporate debtor. It further discusses the intent of the legislature while inserting section 32A by way of an amendment dated 28.12.2019.