New Horizons for the Life Insurance Industry after COVID-19

The spread of Covid-19 has affected all industries worldwide and the insurance industry is no exception. Long-standing industries with established practices are having to revisit age-old models of operation to meet growing uncertainties in this ‘New Normal’. Insurance companies particularly those dealing in life insurance and health insurance are bearing the brunt of these uncertain […]

MSMED Act-An Alternative For Debt Recovery Over IBC

Is MSMED Act More Convenient Than IBC for Debt Recovery? The Micro, Small and Medium Enterprises (MSME) sector has emerged vividly as a progressive segment in recent times. This sector has become the backbone of the Indian economy and plays a key role in supporting the manufacturing sector. It contributes substantially as an ancillary unit […]

Can MSMED Act Be An Alternative To Proceedings Under IBC For Start-Ups?

One of the most gabbed and appalling legislation in recent times has been the development of the Insolvency & Bankruptcy Code, 2016 (“IBC”) as a recovery mechanism. However, the recent announcement by the Finance Minister(“FM”), Ms. Nirmala Sitharaman, has brought shock to the businesses in a gambit to give relaxation to the defaulting companies due […]