M & A Critique - July 2023

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- Insolvency: Compulsorily Convertible Debentures cannot be considered as “Financial Debt” to initiate CIRP
- Merger: Jindal Power: Streamlining Promoter's Holding
- Cover Article: Sanofi India following global strategy: Separating it Consumer Healthcare Business
- Insolvency: Allegation of Fraud in Appointment of IRP as RP - Ground for Rejection of Resolution Plan?

Compulsorily Convertible Debentures cannot be considered as "Financial Debt" to initiate CIRP

Appeal is preferred by IFCI Limited (\"Appellant\") under Section 61 of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as the 'Code') against the Impugned Order dated 14/03/2023 passed by the National Company Law Tribunal, Hyderabad Bench -||

5 mins

Jindal Power: Streamlining Promoter's Holding

In 2021, Naveen Jindal group's flagship company, Jindal Power & Steel Limited announced divestment of its subsidiary entity engaged in power generation business:

5 mins

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