The extension of the mandate of the arbitral tribunal provided in Section 29A(3) of the Arbitration and Conciliation Act, 1996, is a question of law which has invited varied and diverging views of the...
Published On: 08/04/2020
Practice Area: Banking & Finance, Corporate & Commercial, Insolvency & Restructuring
Authors:
On March 27, 2020, to mitigate the impact of COVID-19 on the financial market, the RBI announced a regulatory package, through which it allowed a specific moratorium on the repayment of debt, the relaxation of certain norms for working capital facilities, and the infusion of liquidity into the financial market. INDUSLAW’s Banking and Finance Team answers some frequently asked questions about this regulatory package.
