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Top News In கட்டுரை எஃகு இந்தியா வரையறுக்கப்பட்டவை Today - Breaking & Trending Today

In conversation with Luky I. Walalangi – One of ALB's Top 15 M&A Lawyers in Asia [Brought to you by  Walalangi & Partners]


Can you tell us about some of your notable work in the past year?
Counsel to Mitbana Pte Ltd, a joint venture company of Mitsubishi Corporation (MC) and Surbana Jurong (SJ), in the biggest and first-of-its-kind integrated smart and sustainable Transit-Oriented Developments (TODs) in BSD City, where the Project transform hundreds of hectares of greenfield land into TODs, including railways and public transport nodes, which expand BSD’s population of 200,000 residents.
Counsel to Tokyo Gas Asia Pte. Ltd in the acquisition of PT Super Energy Tbk (SE), a publicly listed Indonesian company, PT Energy Mina Abadi and PT Gasuma Federal Indonesia and PT Bahtera Abadi Gas. SE Group’s plans to pursue reductions of CO2 emissions in the country are consistent with Tokyo Gas Group’s management strong vision of “Compass 2030”, which envisages the expansion and diversifi-cation of its global businesses and the realization of a net zero CO2 emission society. ....

Jakarta Raya , Jalan Jenderal Sudirman Kav , Lukyi Walalangi , Nishimura Asahi , Asia Pte , Luky Walalangi , Pt Super Energy Tbk , Lse Group , Essar Steel India , Counsel To Nippon Steel Sumitomo Metal Corporation , Mitsubishi Corporation , Counsel To Mitbana Pte Ltd , Tokyo Gas Group , Pt Energy Mina Abadi , Mitbana Pte Ltd , Surbana Jurong , Transit Oriented Developments , Tokyo Gas Asia , Energy Tbk , Mina Abadi , Federal Indonesia , Nippon Steel , Sumitomo Metal Corporation , Essar Steel India Limited , Essar Steel , Century Place ,

Supreme Court Of India Endorses The Fresh Start On A Clean Slate Principle - Insolvency/Bankruptcy/Re-structuring


Satish Kumar Gupta and Others
(Essar Steel case) held
that allowing claims apart from those covered in a resolution plan
to survive after the approval of a resolution plan militates
against the rationale of Section 31 of the IBC. The Supreme Court
held that the successful resolution applicant should be given an
opportunity to take over and run the business of the corporate
debtor on a clean slate. Accordingly, a resolution applicant should
not be suddenly faced with undecided claims which would
throw into uncertainty the amounts payable by a resolution
applicant to take over the business of the corporate debtor. ....

Mahenderk Khandelwal , Satish Kumar Gupta , Monnet Ispat Energylimited , Manish Kumar , Union Of India , Essar Steel India , Exchange Board Of India , Alok Industries , Monnet Ispat Energy , Tech Mahindra , Tech Mahindra Limited In Satyam , Committee Of Creditors , Company Law Board , Bhushan Power , Delhi High Court , Union Of India Judgment , Supreme Court , Committee Of Creditors Essar Steel India , Computers Services , National Company Law Appellate , Tata Steel , Bhushan Steel , Bankruptcy Code , Adjudicating Authority , State Government , Essar Steel India Limited ,