The third entry of the Securities Law series by Trilegal discusses the battle of the non-obstante clauses of the SEBI Act, 1992 and the IBC, 2016 and their journey so far.
Lalit Bhasin was the Guest of Honour for a discussion held at the American Bar Association (ABA) India Conference on the 'Future of the Legal Profession in a Glocalised World'.
This is the second in a two-part series article providing suggestions with respect to the recent discussion paper published by the MCA on 18 January 2023, proposing several major amendments to the IBC Code, 2016.
The second entry of the Securities Law series by Trilegal discusses the powers of the market regulator to initiate criminal action and the legislative framework for SEBI regarding such prosecutorial process.