shikha rawal

1 week ago | legalbusinessonline.com | Nimitt Dixit |Sarah Wong |shikha rawal

The Supreme Court of India's unprecedented decision to order the liquidation of Bhushan Power and Steel Limited (BPSL) has sent shockwaves through India's corporate restructuring landscape. On May 2, a two-judge bench rejected JSW Steel's resolution plan, creating profound commercial uncertainty for investors under the Insolvency and Bankruptcy Code, 2016 (IBC). The ruling came nearly five years after JSW had already implemented the plan, invested in BPSL, and worked to turn the company around.

1 week ago | legalbusinessonline.com | Sarah Wong |shikha rawal |Nimitt Dixit

A new report by PwC Singapore has revealed that Singapore's sustainability legal services market is poised for substantial growth. Projections estimate that the market will reach a value of 450-500 million Singapore dollars ($346–385 million) by 2033 – a significant increase from the 2023 estimated value of $108–139 million.