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The Consumer Protection Act, 2019: Overview and Key Highlights

Introduction The Consumer Protection Act, 2019 (“New Act”) received the President’s assent on August 9, 2019 and has replaced the Consumer Protection Act, 1986 (“Old Act”). The Central Government appointed[1] July 20, 2020 as the date on which the following provisions of the New Act shall come into force. Section […]
July 29, 2020

COVID19: MCA Announces Relief Package For Indian Companies

Introduction COVID-19 has brought India to a standstill, with the Government of India announcing a country wide lockdown vide Order dated March 24, 2020 for 21 days which is likely to continue for the foreseeable future. COVID-19 and the national lockdown have made regulatory compliances difficult for companies, more so […]
April 28, 2020

SC upholds IBC but the battle between Financial and Operational Creditors rages on

All was well before the National Company Law Appellate Tribunal, New Delhi [NCLAT] pronounced its decision in Binani Industries[1], wherein it held that “the ‘I&B Code’ or the Regulations framed by the Insolvency and Bankruptcy Board of India do not prescribe differential treatment between the similarly situated ‘Operational Creditors’ or […]
February 15, 2019
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