Photo of Manasa Ramakrishna

Associate in the Dispute Resolution Practice at the Mumbai office of Cyril Amarchand Mangaldas. Manasa has worked on a variety of matters involving disputes advisory including winding down of corporate entities and on civil, commercial and criminal litigation. She can be reached at manasa.ramakrishna@cyrilshroff.com

Introduction

Ease of doing business also includes the ease with which companies can shut operations and exit the marketplace in a country. Under Indian law, companies (or limited liability partnerships (“LLP”) have various options to wind down operations voluntarily, either under the Companies Act, 2013 (“Companies Act”), (or the Limited Liability Act, 2008, for an LLP) or the Insolvency and Bankruptcy Code, 2016 (“IBC”).Continue Reading Ease of closing a Business in India