Managing the intricacies of insolvency and bankruptcy cases in a densely populated and economically diverse country like India continues to pose formidable challenges. To effectively navigate these complexities and streamline the process, the use of Artificial Intelligence (“AI”) has emerged as a promising solution.
Kirit Javali has joined Aarna Law as Of Counsel specialising in international and domestic disputes, including IPR practice.
The lack of proper legal policy frameworks for the protection of traditional knowledge in emerging economies provides a vacuum for industrialized nations to exploit traditional knowledge and the resources of indigenous communities.
When a company wants to ensure its ‘secret sauces’ aren’t being shared with its rivals, a non-compete and non-solicitation clauses comes in handy. This article sets out how courts in Singapore and India view these restrictive covenants.
Clarification on Ineligibility of Resolution Applicants In a significant ruling in the case of M.K. Rajagopalan v. Dr. Periasamy Palani Gounder & Anr., the Supreme Court has clarified that a …
Last week saw a flurry of activity around the announcement that both houses of the Indian parliament had passed the Mediation Bill.
The text of the bill, as passed by parliament, is not available yet. What is available is the text of the bill as introduced in parliament nearly two years ago in 2021. This text sets out some important proposals on both when and how mediation should be used.
In a recent case the Supreme Court of India reversed its previous decision of September 2022 in the matter of State Tax Officer v. Rainbow Papers. In this “Rainbow judgment”, it was established that the State held the status of a ‘secured creditor’ as defined by the Insolvency and Bankruptcy Code.
In the latest interview with a female entrepreneur in our series marking World IP Day 2023, Nikita Jajodia of Nourish Organic Foods discusses the importance of branding, the threat from copycats and the significance of certification.
When the Insolvency and Bankruptcy Code (“the Code”) was introduced in 2016, it highlighted the need to create a credit-friendly culture, an area where previous legislation had fallen short. But while the Code has proven its efficacy as a dynamic legal framework, there remain areas of concern over its application.
Below we review these and also highlight some of the updates including a framework for pre-packaged insolvencies that have come into force since the Code was launched.
The aviation industry has witnessed its fair share of turbulence over the years, with several major airlines succumbing to financial crises and filing for bankruptcy. In a recent development, Go …
Why aircraft lessors need greater protection under Indian law Read more »
