Entries by Vinod Kothari Consultants

Rajiya Ra Duha: Couplets of Kriparam Charan

Among a wonderful piece of pre-modern Rajasthani poetry is the couplets, written in Soratha chhand, by poet Kriparam Barahath, aka Kriparam Charan. Kriparamji’s poetry is renowned as Rajiya ra duha, as all of his couplets are addressed to his Man Friday, who possibly had the name Rajkumar, pejoratively called Rajiya. These couplets would have been […]

STAMP DUTY IMPLICATIONS ON E-AGREEMENTS

– Ishika Agrawal (corplaw@vinodkothari.com) I.        Introduction The way businesses are done, has evolved with the evolution of technology. Now-a-days, business transactions and business contracts are mostly executed electronically in order to save time and expenses. However, this also raises concerns on enforceability of e-agreements in courts and the stamp duty implications on such agreements. In […]

Out-and-Out Ouster of Ineligible Persons- Liquidation Amendment Regulations, 2020 enact Discussion Paper proposals

-Megha Mittal (resolution@vinodkothari.com)  The Insolvency and Bankruptcy Board of India (“IBBI”/ “Board”) vide Notification No. IBBI/2019-20/GN/REG053, dated 06.01.2020, introduced the IBBI (Liquidation Process) (Amendment) Regulations, 2020 (“Amendment Regulations”) w.e.f. the same day. In what seems to be an adaptation of the ideas proposed in the Discussion Paper dated 03.11.2019[1], the Amendment Regulations seem to have […]

Marketplace lending: Legal issues around “true lender” and “valid when made” doctrines

-Vinod Kothari (vinod@vinodkothari.com)   Marketplace lending, P2P lending, or Fintech credit, has been growing fast in many countries, including the USA. It is estimated to have reached about $ 24 billion in 2019[1] in the USA. However, there are some interesting legal issues that seem to be arising.  The issues seem to be emanating from […]