Our Partner, Y Sriniwas Arun shared his expert views with moneycontrol.com on the existing bankruptcy law, process to apply and how it’s expected to benefit individuals under the Insolvency and Bankruptcy Code (IBC).
“Upon admission of the application for bankruptcy, the court, at its sole discretion, may grant a stay on any legal proceedings against the property or assets of the debtor".
Read the full story here.
Extremely pleased to share that Link Legal has been ranked in the India Loans League Table Report FY 2020-21 published by Debtwire (Acuris).
The Firm has been ranked #6 both by deal volume and number of deals as FY 2020-21 India Lead Banks' Legal Counsel.
Delighted to share that Link Legal, yet again, features as one of the Top 15 Law Firms in India in the VCCEdge League Tables.
The Firm has been ranked #14 by Deal Value in the League Table for M&A Top Legal Advisors (Q1 2021) and #12 by Deal Volume in the League Table for Private Equity Top Legal Advisors (Q1 2021).
Check out the rankings here.
Read the article "‘Heard on Street’ information is not Unpublished Price Sensitive Information. Securities Appellate Tribunal sets aside SEBI’s orders", authored by Milind Jha, Partner, Jimit Shah, Associate Partner and Tamilarasi Mudaliar, Associate.
“SAT’s order is pragmatic and a step in the right direction as it not only removes the incongruities arising out of the Orders of SEBI but also allays the fears of the genuine and innocent market participants. It also stands true to one of the basic principles of the Constitution of India that a person should not be held guilty only basis assumptions and preponderance of probability. Holding the Appellants guilty basis the only finding of the AO would have been miscarriage of justice.”
Read more here.
Link Legal, as part of its re-branding process unveiled its new logo during a virtual event held recently.
“While retaining its core values, the firm with time and is acquiring a new identity which is dynamic, progressive, modern and innovative. The new 'forward leaning' logo is a reaffirmation of the 'client first' approach which has been our raison d'etre ever since the firm was founded over two decades ago. Our new logo showcases this modern identity and reflects our vision for the future of an evolving and leading full-service law firm."
Read the full coverage by Bar & Bench here.
Check out the latest episode of In Focus Podcast by The Hindu titled "How China's Digital Currency will change online payments" wherein our Partner and Head - China Desk, Santosh Pai interacts with the host, Ananth Krishnan on China's plans for a Digital Currency, officially titled the Digital Currency Electronic Payment (DCEP), also known as the digital RMB (the Renminbi is China’s currency).
The episode highlights how Digital Currencies work, how are they different from e-wallets, reasons behind the roll-out, global implications, and more.
Access the full episode here.
Pleased to share that our Associate Partner, Yosham Vardhan has been featured in the Forbes Legal Powerlist 2020, amongst the Top 100 Individual Lawyers in India.
Our heartiest congratulations to Yosham for this incredible achievement.
Read more here.
Read the article "Powers of Attachment of the Directorate of Enforcement Under the Prevention of Money Laundering Act, 2002" authored by Abhinav Agnihotri, Associate Partner and Dipan Sethi, Associate published on LiveLaw.
"Since, there is no judicial pronouncement by the Hon’ble Supreme Court of India till now and there are divergent views of two different High Courts, it would be interesting to see, going forward, as to how the Courts adjudicate on the powers of the ED to attach “untainted” or “clean” properties while scrutinizing and interpreting the definition of “proceeds of crime”."
Read the full article here.
Read the expert article 'Why China is putting its internet champions on the backfoot' authored by our Partner and Head - China Desk, Santosh Pai, published in Money Control.
"China’s urge to dictate the fortunes of its technology giants is coinciding with a global backlash which is pushing them to seek listings closer to home."
Read the full article here.
Read the article 'Not All Disputes Are Amenable To The Jurisdiction Of Electricity Commission: PPAs Cannot Be Terminated During Moratorium' authored by Aditya K Singh, Associate Partner and Anukriti Jain, Senior Associate published on Live Law.
"This Judgment will give a positive message to the power sector. Because similar clauses of the Events of Default are present in all PPAs and this was always a concern of the developers/lenders/investors that if company goes under insolvency proceedings, this clause will make life tougher for the generator."
Read the full article here.
