The expert panel comprised Mr. Montek Mayal, CFA, CVA (Senior Managing Director; India Practice Leader – Economic Consulting, FTI Consulting) and Mr. Manish Aggarwal (Partner, Three Crowns). The panel discussed and shared their in-depth insights on the role of an expert in commercial disputes, key principles governing the assessment of economic and financial damages, legal considerations affecting recoverability of damages, case studies and more.
The session was well attended by Link Legal team. Here check out few glimpses from the session.
Link Legal is delighted to share that the Firm has been declared Winner by India Business Law Journal’s Indian Law Firm Awards 2021 in the following practice areas:
To view full rankings, visit here.
Read the latest update authored by our Partner, Bhalchandra Palav and Associate, Grishma Dalvi on the Supreme Court upholding a Government notification for invoking personal guarantees of promoters whose companies have defaulted on bank loans.
"The Supreme Court judgment paves way for Banks/lenders to initiate and pursue simultaneous action against the corporate debtor and the personal guarantors, which would ultimately result in maximum realization of value of stressed assets. It is no secret that the Personal Guarantors/Surety in most cases are the directors or the promoters of corporate debtor and are more often than not, individuals primarily responsible for the insolvency of the company. In view of the above Supreme Court ruling, one may say that the famous quote “Bankruptcy is a legal procedure when you put money into trouser pockets and give the jacket to creditors” will soon cease to exist under the IBC Regime."
Read the full update here.
Read the latest update authored by our Partner, Ravi Charan discussing the recent judgement of Hon’ble Supreme Court on exercise of powers under Section 482 of the Criminal Procedure Code, 1973 (“CrPC”).
“The present ruling brings to fore the central tussle in adjudging a petition under Section 482 of the CrPC – the statutory duty and rights of the investigating agencies to duly investigate the allegations in the FIR/complaints pertaining to a cognizable offence as well as the rights of genuine parties on the one hand, and the rights of the accused in criminal proceedings that threaten to abuse the process of law on the other hand..."
Read the full update here.
Our Managing Partner, Mr. Atul Sharma in conversation with Ashima Ohri of BW Legal World, talking about his illustrious journey in law, most significant changes reforming India's legal framework across sectors, role of law firms in building a diverse and inclusive workplace, law firm practice of the future and more.
"Diversity and inclusivity are not just having a large number of women lawyers, it is true inclusion in the decision-making process..."
Read the full interview here.
Pleased to share that Link Legal, yet again, features as one of the Top 15 Law Firms in India in the Venture Intelligence League Tables Q1 2021.
The Firm has been ranked #12 by Deal Volume in the League Table for Private Equity Top Legal Advisors.
Check out the rankings here.
Our May 2021 Corporate Legal Developments Newsletter is now live!
This edition of the Newsletter covers some of the significant and latest updates by MCA, RBI & SEBI. Also, find out some of the recent developments in the Firm and more.
Link Legal team led by Ketan Mukhija (Partner), Gaurav Priyadarshi (Associate Partner) and Karishma Singh (Associate) advised and assisted RIB International from the preliminary stage and until the closing of the transfer.
The deal has been published on Live Law. Check out the deal coverage here.
Read the article authored by Ketan Mukhija, Partner and Karishma Singh, Associate published on Live Law.
"While the global precedents and the decision in the Captioned Case clearly suggest invalidation of ipso facto clauses only in an insolvency scenario and not when the termination is on account of deficiency of service, until the Legislature brings in any amendment to tie in the loose ends, the question of validity of ipso facto clauses must be decided by the judiciary based on the facts of each case..."
To access the article, click here.
Our Regulatory Associate Partner, Aditya K Singh shared his expert views with Mercom Communications India in its story "Supreme Court Upholds APTEL’s Order on Commissioning Delay of Solar Projects".
“The Supreme Court while dismissing an appeal filed by BESCOM reiterated that the exercise undertaken in the construction of the contract is to determine what the words used mean, i.e., to say expressed intentions (no scope for either adopting liberal or a narrower approach). In the instant matter, the project was to be commissioned within 12 months of the date of the PPA approval. The dispute was whether the date of the approval should be included or excluded in the calculation of 12 months..."
Read the full story here.