News & Insights

���The world�۪s most valuable resource is not oil, but data�۝ this was the title of an article published by the Economist in 2017.[1] This statement was made in the context of the explosive growth of the digital economy triggered by the advancement made in the realm of technology and internet. This has led to an exponential increase in the collection, analysis, and exploitation of data by large corporations.

The Insolvency and Bankruptcy Code, 2016 (���Code�۝), has been a game-changer in the insolvency and recovery landscape as it replaces a host of overlapping legislations and simplifies the journey of the creditors seeking relief under a single umbrella mechanism.

The business model of the digital economy defies application of the traditional methods of evaluation of anti-competitive effects and dominance, as prescribed under the Competition Act, 2002 (���Act�۝). Further the financial thresholds prescribed for combinations present challenges, in terms of its application to data ��� driven mergers and acquisitions.

Articles of association are one of the charter documents providing for, inter alia, management of a company, its shareholders and other matters governing the relationship amongst shareholders and the company. As per Section 10 of the Companies Act, 2013, articles of association, when registered, bind the company and its members to the same extent as if they had been respectively signed by the company and by each member, and contained covenants on their respective parts to observe all the provisions contained in the articles