Ex ante regulation, Failing firm defence, India, Judicial review, National court

/ /Leave a comment

Introduction In 2016, the Insolvency and Bankruptcy Code (IBC) was introduced, fundamentally changing how distressed businesses in India are restructured and how debt recovery is managed. The IBC has paved the way for significant corporate restructurings, including the high-profile acquisition of Essar Steel by ArcelorMittal and the impending acquisition and revival of Videocon Industries by…

Digital markets, India, Regulation

/ /Leave a comment

The digital payments sector in India has grown exponentially over the last five years due to deeper data and smartphone penetration. The Unified Payment Interface (UPI) system launched by the National Payments Corporation of India (NPCI) has been the main driver of this growth. FY 2019-20 witnessed UPI transactions in India grow exponentially at the…