News

Resolution Pros told to disclose related parties
  • The Economic Time - 12-07-2022

On the recent amendments to the IP Regulations for tightening of scrutiny over resolution professionals by the Insolvency and Bankruptcy Board of India (IBBI) our Associate Partner Neha Naik shared her thoughts with The Economic Times and Business Line.

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Corporate insolvency overhaul: IBBI plans to allow part sale of assets or business under resolution process
  • moneycontrol.com and BusinessLine - 30-06-2022

Our Partner Gautam Bhatikar recently shared his thoughts with moneycontrol and businessline on a significant move by IBBI. It has proposed to allow part sale of assets or business under the resolution process.

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NCLAT judgment in Amazon-Future case sends a strong message, say experts
  • moneycontrol.com - 14-06-2022

Our Partner, Ritika Ganju shares her views in conversation with moneycontrol on the recent National Company Law Appellate tribunal (NCLAT) judgment where it upheld the CCI's decision to keep in abeyance the regulatory approval for a 2019 investment deal between Amazon and Future Coupons Pvt Ltd.

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Insolvency cases: FinMin rolls out mechanism to cut delays in filing of claims by GST, Customs authorities
  • Business Line - 31-05-2022

Recently the Central Board of Indirect Taxes & Customs (CBIC) has released a mechanism to enable GST and Customs authorities to submit their claims in a timely manner. These claims are against corporates undergoing the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code. Our Associate Partner, Neha Naik shares her views on this recent update in conversation with BusinessLine.

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Piramal eligible to bid for RCap's general and health Insurance biz, says legal expert
  • ETBFSI - 31-05-2022

Catch our Associate Partner Akshay Sachthey in conversation with ETBFSI, sharing his thoughts on IRDAI’s recent concerns over the Piramal group’s bid for Reliance Capital.

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TARC raises Rs 1,330 crore from Bain, pays off entire debt
  • The Economic Times - 30-05-2022

Phoenix Legal advised TARC Limited, a public listed company and one of the leading real estate developers in Delhi NCR, on raising an amount of INR 1,330 crores from a fund of Bain Capital, through issuance of secured, redeemable non-convertible debentures (listed and unlisted). The Phoenix team comprised of our Co-Founding Partner Saket Shukla, Partner Harsh Arora, Associate Partner Akshay Sachthey , Principal Associate Aishwarya Samanta, Associates Nishit Chopra, Ushahi Nan and Amogh Sharma.

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