GCC Restructuring and Exit at the Entity Level: Voluntary Liquidation, Cross Border Merger and FEMA Repatriation | nasscom

Liquidation

𝐆𝐂𝐂 π‘π„π’π“π‘π”π‚π“π”π‘πˆππ† 𝐀𝐍𝐃 π„π—πˆπ“ 𝐀𝐓 𝐓𝐇𝐄 π„ππ“πˆπ“π˜ 𝐋𝐄𝐕𝐄𝐋 π•πŽπ‹π”ππ“π€π‘π˜ π‹πˆππ”πˆπƒπ€π“πˆπŽπ, π‚π‘πŽπ’π’ ππŽπ‘πƒπ„π‘ πŒπ„π‘π†π„π‘, 𝐀𝐍𝐃 π…π„πŒπ€ π‘π„ππ€π“π‘πˆπ€π“πˆπŽπ 𝐈𝐍 𝐓𝐇𝐄 πŸπŸŽπŸπŸ” π…π‘π€πŒπ„π–πŽπ‘πŠ India hosts one of the largest Global Capability Centre ecosystems in the world. Most conversations focus on setting up GCCs, scaling teams, expanding capability, and adding new global functions. But closure, restructuring, sale, merger, and…

Recap – Renowned restaurant owner appoints liquidators

Liquidation

The firm’s founder said that “the time was right” to close the ventures and that all suppliers have been paid in full. Restaurant founder places company into liquidation. (Image: Getty Images) Michele Civiera, of Civerinos, told The Herald one liquidation relates to a creative agency called Hot Slice Studio and another called 50 MC, which…

Corporate Law Case Digest: Key NCLT Rulings of 2025 [Part 1]

Liquidation

“IBC code” most commonly refers to India’s Insolvency and Bankruptcy Code, 2016, an act that consolidates and amends laws for the time-bound resolution of insolvency for corporate bodies, firms, and individuals. The National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates issues relating to Indian Companies. The National Company Law Tribunal…