Introduction  One of the key objectives of the Arbitration and Conciliation Act, 1996 (Arbitration Act) is to expedite the process of resolution of disputes while providing autonomy to parties. With a view to give effect to the objectives of the Arbitration Act, Section 29-A was inserted by way of an amendment in 2015 (Amendment). Prior […]

The Insolvency and Bankruptcy Code, 2016 (Code), and the Prevention of Money Laundering Act, 2002 (PMLA), are both crucial pieces of legislation designed to address distinct issues within India’s economic and legal landscape. While the Code aims to streamline insolvency processes and revitalize financially distressed companies, the PMLA focuses on combating money laundering and depriving […]