The announcements forming part of the Atma Nirbhar Bharat Abhiyan (Self-Reliant India Mission) were expected to introduce big and bold reforms. Follow-up actions would shore up the ailing Indian economy, which faces an unprecedented slowdown due to the covid-19 pandemic. Sadly, such expectations of reforms are likely to be unfulfilled. Take for instance, the slew of measures for corporate law reforms announced on 17 May 2020 in Part 5: Government Reforms and Enablers aimed at lifting companies out of the doldrums.
Please click here to read the full article.
Lalit is a corporate commercial, M&A and private equity lawyer with a vast experience of twenty-two years. He has successfully led large and complex transactions for Indian and global corporations.