Overview : This article examines the Voluntary Liquidation process for solvent entities as governed by Section 59 of the Insolvency and Bankruptcy Code, 2016 (“IBC”). The article will break down the legal Declaration of Solvency, provide a step-by-step procedural roadmap under the IBBI Regulations 2017 (“Regulations”), and analyze the transition from Special Resolution to the final NCLT Dissolution Order. For the purpose of this article, the term ‘corporate person’ includes c

Renewal of registrations under the Foreign Contribution (Regulation) Act, 2010 (“FCRA”) has increasingly become an area of heightened regulatory focus. The intensified scrutiny by the Ministry of Home Affairs (“MHA”) reflects a clear policy objective of strengthening transparency and accountability in the receipt and utilization of foreign contributions. At the same time, recent enforcement trends reveal recurring practical concerns, including delays in processing, limited cl

Navigating the regulatory framework for Alternative Investment Funds (AIFs) in India requires a clear understanding of the Securities and Exchange Board of India (SEBI) guidelines. As AIFs continue to gain prominence as investment vehicles, compliance with SEBI regulations becomes critical for fund managers and investors alike. This article provides a detailed exploration of SEBI compliance essentials for AIFs, offering practical insights and actionable recommendations to hel

Arbitration has emerged as a vital tool for resolving commercial disputes in India. It offers businesses a faster, private alternative to overburdened courts. The Arbitration and Conciliation Act, 1996, modelled on the UNCITRAL framework, provides the legal backbone and emphasizes party autonomy under Section 5. Central to this system is the arbitration agreement, which must clearly empower a tribunal to decide disputes. Courts often scrutinize its validity under Section 7, e

THE EMERGING VERTICAL PROPERTY CARD IN MAHARASHTRA AND ITS COMPARATIVE GLOBAL FRAMEWORK Maharashtra is on the verge of a landmark reform in urban property governance with the introduction of the Vertical Property Card (VPC) a new digital property record designed to reflect flat-wise ownership and land share for individual apartment owners. Under the current system, official land records (such as the 7/12 extract and property cards) list only the land-holding entity typically

The Ministry of Corporate Affairs (MCA) has introduced a notable change to the definition of a “Small Company” under the Companies Act, 2013. Through the Companies (Specification of Definition Details) Amendment Rules, 2025 effective 1 December 2025, the financial thresholds used to identify such companies have been substantially enhanced. This revision is intended to meaningfully reduce compliance obligations for a wider segment of India’s corporate sector and support the Go