Author: Sonam Chandwani

Banks’ FY2021 recovery to take a hit as new IBC cases banned for a year

The suspension of fresh insolvency proceedings and coronavirus-related disruptions will impact recovery for lenders in fiscal 2021 as resolution mechanisms outside the Insolvency and Bankruptcy Code (IBC) are scarce, experts said. Sonam Chandwani, managing partner, KS Legal and Associates, believes that banks, primarily concerned over deteriorating asset quality due to the lockdown, have been crippled […]

The outlook of the Indian real estate sector post-COVID-19

The Indian real estate sector has been zooming through different changes in recent years; however, none of those has undermined the wellbeing of the sector as intensely as the current emergency is anticipated to have. The lockdown and the resulting apprehension of occupation misfortune have additionally marked the interesting side, and with developmental work at […]

Intellectual Property Litigation During And Before Covid-19

The Covid-19 has smacked nearly all aspects of our lives subsequently halting certain key operations including inter alia legal enforcement. The pandemic accompanied by the nationwide lockdown accompanied dawned upon us without any caution. The emergence of a new world saw the closing of multiple segments of the economy. However, despite such telling circumstances, the […]

Repayment Of AGR Dues: A Ticking Bomb

The COVID-19 pandemic has demonstrated the importance that telecommunications infrastructure plays in keeping businesses, societies and governments, connected and functional. However, telecom companies have been laden in debt in recent years, and their network resiliency has been tested despite challenges posed by the current pandemic, propelling them further into the dark hole of debt. Amongst […]

Fair-practice norms may prompt ARCs to cherry-pick deals, improve transparency

While the Indian stressed asset market is often seen as dismal, globalization has tightened the screws on the government and regulators to take decisive action.  Earlier, India’s bad debt headache was alleviated somewhat with the introduction of the SARFAESI Act (Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest), allowing banks to recover […]

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