Phoenix Legal

Phoenix Legal Delhi-based insurance disputes partners Mrinal Ojha, Trinath Tadakamalla and Debarshi Dutta have resigned from the firm and are expected to be in the process of setting up their own law firm, called Solaris Legal.

From today, nearly all of Khaitan & Co lawyers and support staff will officially have the option of working from home, in a bid to reduce the risk of spreading the novel coronavirus (COVID-19) amongst its workforce.

Jyoti Singh, partner at Phoenix Legal in Mumbai in disputes and insolvency, has started a boutique disputes and litigation firm.

Phoenix Legal Chennai head and partner Shadaan Mohammed Saipillai and tax litigator Arun Kurian Joseph have together set up local law firm Calibre Legal; Phoenix will shut shop in the city.

Phoenix Legal obtained a stay, by the Supreme Court, on the National Green Tribunal’s (NGT) order that had directed all vehicles plying at Delhi’s Indira Gandhi International (IGI) airport to be converted to using only CNG as fuel.

Prior to the Code, India did not have a consolidated statute governing incidents of insolvency and bankruptcy of various entities. For example, the provisions relating to the insolvency of corporations were scattered amongst laws as diverse as the Companies Act, 1956 (Companies Act), the Recovery of Debts due to Banks and Financial Institutions Act, 1993 (RDDB Act), the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) and the much-reviled Sick Industrial Companies (Special Provisions) Act, 1985 (SICA). Similarly, there were two statutes, namely, the Provincial Insolvency Act, 1920 and the Presidency Towns Insolvency Act, 1909 governing instances of individual bankruptcy.