With the imposition of nationwide lockdown due to the COVID-19 pandemic, the central government felt that small to medium enterprises may not be able to meet the timelines for repayment of their loans thereby getting dragged in insolvency and resolution proceedings under the IBC. To address this concern the central government in exercise of powers…
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The Karnataka Electricity Regulatory Commission (“KERC”) has issued a discussion paper dated 24th August 2020 inter alia proposing to discontinue the banking facility extended to solar, mini-hydel, and wind power projects henceforth, for both REC and Non-REC route-based projects. The proposal is twofold- a) to not provide any banking facility for such power projects and…
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Internet is considered one of the most significant inventions of our time. The technological revolution brought by internet has changed the way of life for individuals in the 21st century. The Internet has permeated almost all aspects of our lives such as work, studies, entertainment, communication, shopping, payments, and many more and therefore, it is…
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