News

• Economic Times - 01-03-2023

Setting up Grievance Appellate Committees (GACs) will lead to a sharp increase in compliance requirements by social media intermediaries as they might need to bulk up their legal teams to file responses and argue their case when users appeal to GACs.

• Mint - 21-02-2023

Recently, Wipro announced that in light of the changing macro environment and business needs, they had to adjust their onboarding plans for freshers. As a result, freshers would be hired at a reduced salary than what was offered earlier. Our Co-founding partner Sawant Singh in conversation with LiveMint shared thoughts on this issue.

• Money control - 13-02-2023

The Supreme Court (SC) is likely to uphold the Bombay High Court’s order in the Yes Bank additional tier 1 (AT1) bond case. Last month, the Bombay High Court (HC) quashed the decision to write off Yes Bank AT1 bonds worth Rs 8,415 crore, providing relief to the investors. Our Partner Aman Avinav while stating that the judgment is well-reasoned shared with moneycontrol.com, that, "only if the SC disagrees with the reasoning provided by the HC would it set aside the High Court judgment". He added that the SC would consider whether there are tenable grounds to interfere with the HC judgment.

• Expert Guides - 31-01-2023

We are pleased to announce that our Co-Founding partner Manjula Chawla has been recognised as ‘Women in Business Law’ in '𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲' by Legal Media Group Expert Guides

• Mint - 31-01-2023

Union Budget 2023 ought to make considerable changes in Indian Railways from green energy, emphasis on capital expenditure, boosting PPPs in the sector, improving accessibility to long-term debt for projects and much more.

• The Business Standard - 20-01-2023

The Ministry of Corporate Affairs (MCA) has proposed changes to the Insolvency and Bankruptcy code to bring more technology, transparency, and speediness to the corporate insolvency resolution process. Watch Neha Naik, Associate Partner, Phoenix Legal at Business Standard’s morning show where she talks about the most important changes proposed by the MCA. She also shares insights on whether these changes will make the process more effective and remove the complaints that have been raised against the IBC process.