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Insolvency

Subrogation Rights of Personal Guarantor: A Comparative Analysis

Sampriti & Sugi Malati Murmu Introduction and Background With the decision of Lalit Kumar Jain v. Union of India, the Supreme Court has dealt a death blow to the personal guarantor’s right of subrogation arising after the approval of the resolution plan. The bench upheld the constitutional validity of the notification dated November 15, 2019, […]

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Insolvency

Guarantors Beware! – Lalit Kumar Jain v. Union of India: Case Comment

In this Article, the authors analyse the rationale and consequences of the recent judgment passed by the Supreme Court, in Lalit Kumar Jain v. Union of India, where it was held that approval of a resolution plan relating to a corporate debtor does not operate to discharge the liabilities of personal guarantors.

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TeLawgram

’21 Week 16 (17/04 – 22/04)

Greetings! This week, TeLawgram brings you developments from the Delhi High Court, the Supreme Court of India and the French, Mexican and Spanish Legislatures! We cover developments in media law, arbitration, criminal law and public law in India and in foreign jurisdictions! Happy reading!

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TeLawgram

’21 Week 15 (11/04 – 16/04)

Greetings! This week, Telawgram brings to you discussions ranging from the Limitation Act to the NCLAT on the national front and updates from Hong Kong’s voting laws to indigenous land rights in Brazil on the international front and much more. Happy Reading!

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TeLawgram

’21 Week 14 – 04/04 – 10/04

Greetings! This week in TeLawgram, we discuss a wide range of news ranging from the Indian Supreme Court allowing deportation of Rohingyas to Putin’s new constitutional amendment to retain his presidency and much more. Happy Reading!

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TeLawgram

’21 Week 13 (27/03 – 03/04)

This week saw several developments in the field of Insolvency, arbitration, criminal law and matters affecting the international legal landscape. Updates from International law include China’s sanctions on the US for condemnation of Uyghar Muslims, and a French Court’s decision to fine a pharmaceutical giant in a multi-decade drug scandal. In India, the Supreme Court provided instrumental updates on matters arbitrable in insolvency disputes, the POSCO Act and much more. Happy Reading!

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TeLawgram

’21 Week 12 (19/03 – 26/03)

This week saw major developments in the legal arena with the Supreme Court of India deciding on multiple important cases such as the Tata Sons case and the Parliament passing the Government of National Capital Territory of Delhi Bill. We shall be travelling from India to New Zealand, Turkey and the United States to view various developments in policy, arbitration and intellectual property. Happy Reading!

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TeLawgram

’21 Week 11 (13/03 – 18/03)

Greetings! This week has witnessed several developments in criminal law, public law and arbitration. We travel to Delhi, Portugal and Japan to revisit the pro-life versus pro-choice debate, death penalty jurisprudence, LGBTQ+ rights and and much more! Happy reading!

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TeLawgram

’21 Week 10 (06/03 – 12/03)

The past week has been fraught with judgements from various High Courts, the Supreme Court, the European Court of Justice and more. The subject of these judgements range from the Arbitration and Conciliation Act to the air pollution limits in the European Union. Apart from these, the updates also cover policy developments in countries like Spain, Germany and Switzerland. Hope you enjoy reading the updates and curated list of suggested readings!

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TeLawgram

’21 Week 9 (26/02-03/03)

This week saw major developments in the legal arena with the Supreme Court of India allowing High Courts to quash FIRs using the writ jurisdiction and the Westminster Magistrate Court allowing the extradition of Nirav Modi to India and much more. Happy Reading!