ArchiveJune 2017

The Impact of Demonetization on the Corporate Sector

Professors Dhammika Dharmapala and Vikramaditya S. Khanna have posted a working paper titled “Stock Market Reactions to India’s 2016 Demonetization: Implications for Tax Evasion, Corruption, and Financial Constraints”, the abstract of which is as follows: On November 8, 2016, the Indian government made a surprise announcement that certain currency notes (representing 86% of the currency...

Resolution Application by Operational Creditors: Interpretation of the Term “Dispute”

[Post by Nitu Poddar, Associate at Vinod Kothari & Company, Corporate Law and Resolution Division ([email protected]) Other posts on related topics can be found here and here.] To file an application under the Insolvency and Bankruptcy Code, 2016 (the Code), an operational creditor has to serve a demand notice on the corporate debtor ten days prior to the application. The corporate debtor...

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