India:
Pledging Of Shares: Do Lenders Need To Rethink Their Strategy?
16 April 2019
Nishith Desai Associates
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Summary:
In this article we discuss the recent issues that has come to
light in respect of pledging of shares. We cover aspects relating
to challenges faced by lenders in invocation and their right to
invoke. We also discuss how Depositories Act has changed the scheme
in which pledge operated under contract law in case of listed
shares.
For complete article, please click here.
This article was originally published in the
11th March 2019 edition of Business
Standard
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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