| Insolvency & Restructuring
I. OVERVIEW: Order VI Rules 17 of the Code of Civil Procedure, 1908 (the ‘Civil Procedure Code’) forms the cornerstone of the law on the amendment of pleadings. The said rule is reproduced below for your reference: Amendment of pleadings. The Court may at any stage...
| Banking & Finance, Insolvency & Restructuring, Real Estate
Introduction In light of the worldwide Covid-19 pandemic and the resulting financial slump in the country many companies are likely to find modes to ring fence their assets for better security and protection. Some distressed companies may also look at ring fencing...