Wednesday, April 29, 2020

Legal update


  • Supreme Court: RBI's circular banning cryptocurrency set aside on the grounds of proportionality under Article 19(1)(g) of the Constitution of India
  • Impact of force majeure on commercial contracts in light of the coronavirus outbreak
  • Delhi High Court lays down law on classification of disputes
  • NCLAT: Proceedings filed in DRT will not extend the period of limitation under the IBC, 2016

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Indirect Transfer on Liquidation of a Foreign Holding Company

1. Introduction Cross-border investment structures often employ intermediate holding companies in jurisdictions like the Cayman Islands. A c...