J C Flowers Completes Acquisition of Nonperforming Assets from YES BANK in India localnewspaper.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from localnewspaper.in Daily Mail and Mail on Sunday newspapers.
Veritas Legal promotes two lawyers to partnership vccircle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vccircle.com Daily Mail and Mail on Sunday newspapers.
Abhijit Joshi, managing partner at Veritas Legal said a scheme, once approved by all the authorities, should typically proceed subject to the conditionalities as per the scheme. "Typically, there is a lag between the approval from the court or tribunal and the effectiveness of the scheme. The scope of withdrawal will be limited and will depend on conditionalities to its effectiveness under the provisions of the scheme," he said.