News & Media 22nd Jun 2023

Government Exempts Petroleum Assets From Moratorium; Aviation, Telecom May Be Next

Authors

Mukesh Chand Senior Counsel | Mumbai

Latest Thought Leadership

Alerts & Updates 2nd Jul 2024

ELP Tax Update – Recent Developments in Direct Tax

News & Media 2nd Jul 2024

Global tax deal: With MLC deadline gone, DSTs may be reinstated on tech cos

Alerts & Updates 2nd Jul 2024

SEBI limits any extension of an LVF’s tenure to five years

News & Media 1st Jul 2024

New criminal laws prioritise victims, upgrade definitions of crime, push for digitising criminal justice system

A recent notification by the Ministry of Corporate Affairs said that companies that have entered into production or revenue-sharing contracts, exploration licenses, and mining leases made under the Oilfields (Regulation and Development) Act would be exempt from the moratorium provision under the IBC.

Against this backdrop, Mukesh Chand, Senior Counsel, Economic Laws Practice (ELP) has been quoted in an article, Government Exempts Petroleum Assets From Moratorium; Aviation, Telecom May Be Next published by BQ Prime.

Read the detailed quote here: Click Here