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MSME & IBC1.0

MSME & IBC 1.0 : Understanding MSME under the IBC, 2016 By Ms. Shikha Goenka Ginodia, Partner and Mr. Gaurav Suryavanshi, Associate INTRODUCTION: MSME Act. Micro, Small, and Medium Enterprises (MSME) has been the growth engines of New India and government has from time to time, announced special provisions related to this sector.  This sector…

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Making Cinema Accessible to all

Making Cinema Accessible to all By Tanya Gupta, Senior Associate, and Prachiti Joshi, Associate The Government through the Ministry of Information and Broadcasting has recently released draft guidelines (“Guidelines”), and solicited comments from the general public thereon, to ensure that people with visual and hearing impairment have improved access to experience public exhibition of films.…

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Union Budget 2024-25

Union Budget 2024-25 By Shikha Goenka Ginodia, Partner and Akash Chaudhary, Trainee Associate Presenting the Union Budget 2024-25 in the Lok Sabha, Finance Minister Nirmala Sitharaman announced significant measures related to Insolvency and Bankruptcy, aiming at enhancing judicial efficiency and technological integration. Key highlights include the development of an integrated tech platform, the strengthening of existing…

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Section 10 of IBC

Section 10 of IBC By Shikha Goenka Ginodia, Partner The Insolvency and Bankruptcy Code, 2016 (IBC), was enacted to streamline insolvency proceedings and ensure timely resolution of corporate distress. However, the COVID-19 pandemic created an extraordinary economic situation, and the Government of India responded with amendments to the IBC, introducing Section 10A. This provision was…

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Section 3 and Section 5

Section 3 and Section 5 By Kuber Wagle, Principal Associate and Ruddhi Bhalekar, Associate Pathapati Subba Reddy (Died) By L. Rs. & Ors. Versus The Special Deputy Collector (LA) Corum- Hon’ble Justice Bela M. Trivedi and Hon’ble Justice Pankaj Mithal Brief facts The present appeal pertains to a certain land acquired in the year 1989 in…

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Reversal of Cess Imposition under Karnataka Cine & Cultural Activists (Welfare) Bill

Reversal of Cess Imposition under Karnataka Cine & Cultural Activists (Welfare) Bill By Samyak Surana, Senior Associate and Rhea Lokeshwar, Associate Addressing the financial difficulties faced by artists and workers of the media and entertainment industry and the need to provide them with social security[1], the Karnataka government introduced the Karnataka Cine & Cultural Activists…

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