News & Events – Others
Authorized Economic Operators Scheme
by Mr. Muthusamy, Partner – Indirect Tax & Foreign Trade, Commissioner of Customs, Excise & GST (Retd.)
A.K. Mylsamy and Associates LLP, by Mr. Muthusamy has given a presentation on “Commissioner of Customs, Excise & GST (Retd.)”.
Ease of Doing Business – Inbound Manufacturing in a Private Bonded Warehouse
by Mr. Muthusamy, Partner – Indirect Tax & Foreign Trade, Commissioner of Customs, Excise & GST (Retd.)
A.K. Mylsamy and Associates LLP, by Mr. Muthusamy has given a presentation on “Ease of Doing Business – Inbound Manufacturing in a Private Bonded Warehouse”.
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Webinar| ‘GST, Customs & Foreign Trade Policy’ – Ease of Doing Business
by AKM, CITI & SIMA on 23rd September 2021
The Confederation of Indian Textile Industry (‘CITI’), The Southern India Mills’ Association (‘SIMA’) and A.K. Mylsamy and Associates LLP, Advocates, presents a Webinar on “GST Customs and Foreign Trade Policy focused on Ease of Doing Business”.

Insolvency and Bankruptcy (Amendment) Ordinance, 2021: A Potential Framework to Bailing Out the MSMEs from Bankruptcy
by Mr A K Mylsamy featured in BW Legal World on 14th April 2021
The Covid Pandemic has caused enormous loss to the economy of India and especially the micro, small and medium enterprises enterprises. In order to provide them with a speedy relief so as to protect their businesses, the government has introduced the concept of Pre-Packed Insolvency Resolution Process by rolling out the Insolvency and Bankruptcy (Amendment) Ordinance, 2021 . Through this article, the process of pre-packed insolvency has been elaborately explained.

Charting a legal flight path for drones
by Subathra Mylsamy, featured in Business Line on 21st March 2021
The unmanned aircraft system rules may help protect India’s security interests, but from an economic point of view, they may not be favourable

Relevant time period for the avoidance of ‘preferential transaction’ under IBC
By P S Suman, featured in Business Line on 25th January 2021

Borrower’s right
by Subathra Mylsamy, Business Line, February 2021
If you are a borrower, you have a right to have your credit information updated, with credit information companies, such as the Credit Information Bureau of India Ltd (CIBIL). In a recent decision in Sujith Prasad Vs RBI, the Kerala High Court has clearly said so

Limited power
by KK Balu, Business Line, February 2021
In a recent decision in the case of Eliyamma Vs Deputy Director, a division bench of Kerala High Court said that the courts do not have the power to correct orders of the arbitrator—they can only set aside an arbitral award

Tightening the screws on guarantors
January 10, 2021
Can insolvency proceedings be initiated simultaneously against both the borrower and the corporate guarantor?
IBC 2.0 Initial hiccups; the way forward
18th March, 2019
Mr.K.K. Balu head the panel discussion on “IBC 2.0 – the initial hiccups and the way forward” in National e-Governance Services Limited (NeSL) on 18th March, 2019.
The focus of his discussion was on the initial challenges faced in interpreting the legislation on insolvency and also how we need to look ahead in its effective implementation.




Prevention of Sexual Harassment at workplace
18th September, 2018 & 6th March, 2019
Ms. Subathra Mylsamy addressed at the management, staff and employees of Derby Clothing Pvt ltd on 18th September, 2018 and Stella Maris college on 6th March, 2019 on the legislation – the Prevention of Sexual Harassment at workplace. While addressing the basics of the legislation, she spoke about the all important aspect of the Act – when to say “NO” and the methods of dealing with sexual harassment at work place.
While throwing light on instances of sexual harassment, she dealt with how big corporates deal with such cases. Issues such as setting up an internal complaints committee, initiatives of the government and creating awareness amongst people were identified as the need of the hour.




IBC and its impact on the Real Estate sector
28th June, 2018
Mr.KK.Balu and Mr. AK. Mylsamy addressed CREDAI organization on the matters of insolvency and bankruptcy code and its impact on the Real Estate Sector on 28th June, 2018.



SAM on $19m Tata Chemicals buy in Allied Silica – Legally India – News for Lawyers
11th April, 2018
Tata Chemicals on Sunday said it has signed a pact with Allied Silica Limited to acquire its precipitated silica business for Rs 123 crore on a slump sale basis. The deal is expected to be closed within three months, the company said in a release. The acquisition is a part of the Rs 295 crore investment approved by the board in February last year, towards this specialty business.
He holds a Bachelor’s and Master’s Degree in Corporate Secretaryship and a Degree in Law. He is a Fellow member of the Institute of Company Secretaries of India and an Associate Member of the Corporate Governance Institute, UK and Ireland. He has also completed a program from ISB on ‘Value Creation through Mergers and Acquisitions.
Mr P Muthusamy is an Indian Revenue Service (IRS) officer with an outstanding career of 30+ years of experience and expertise in all niche areas of Indirect Taxes covering a wide spectrum including GST, Customs, GATT Valuation, Central Excise and Foreign Trade.
During his judicial role, he heard and decided a large number of cases, including some of the most sensitive, complicated, and high-stake matters on insolvency and bankruptcy, including many cases on resolution plans, shareholder disputes and Schemes of Amalgamation, De-mergers, restructuring etc.,
A K Mylsamy is the Founder, Managing Partner and the anchor of the firm. He holds a Degree in law and a Degree in Literature. He is enrolled with the Bar Council of Tamil Nadu.
Mr. K Rajendran is a former Indian Revenue Service (IRS) officer with a distinguished service of 35 years in the Indirect Taxation Department with rich experience and expertise in the fields of Customs, Central Excise, Service Tax and GST. He possesses Master’s Degree in English literature. Prior to joining the Department, he served for the All India Radio, Coimbatore for a period of about 4 years.
An MBA from the Indian Institute of Management, Calcutta, and an M.Sc. in Tourism Management from the Scottish Hotel School, UK, Ashok Anantram was one fo the earliest IIM graduates to enter the Indian hospitality industry. He joined India Tourism Development Corporation (ITDC) in 1970 and after a brief stint proceeded to the UK on a scholarship. On his return to India, he joined ITC Hotels Limited in 1975. Over the 30 years in this Organisation, he held senior leadership positions in Sales & Marketing and was its Vice President – Sales & Marketing. He was closely involved in decision making at the corporate level and saw the chain grow from a single hotel in 1975 to a very large multi-brand professional hospitality group.
Mani holds a Bachelor Degree in Science and P.G. Diploma in Journalism and Public Relations. He has a rich and varied experience of over 4 decades in Banking, Finance, Hospitality and freelance Journalism. He began his career with Andhra Bank and had the benefit of several training programs in Banking.
Mr. Kailash Chandra Kala joined the Department of Revenue, Ministry of Finance as ‘Customs Appraiser’ at Mumbai in the year 1993.
S Ramanujam, is a Chartered Accountant with over 40 years of experience and specialization in areas of Corporate Tax, Mergers or Demergers, Restructuring and Acquisitions. He worked as the Executive Vice-President, Group Taxation of the UB Group, Bangalore.
K K Balu holds a degree in B.A and B.L and is a Corporate Lawyer having over 50 years of Legal, Teaching and Judicial experience.
Justice M. Jaichandren hails from an illustrious family of lawyers, academics and politicians. Justice Jaichandren majored in criminology and then qualified as a lawyer by securing a gold medal. He successfully practiced in the Madras High Court and appeared in several civil, criminal, consumer, labour, administrative and debt recovery tribunals. He held office as an Advocate for the Government (Writs Side) in Chennai and was on the panel of several government organizations as senior counsel. His true passion lay in practicing Constitutional laws with focus on writs in the Madras High Court. He was appointed Judge, High Court of Madras in December 2005 and retired in February 2017.
S Balasubramanian is a Commerce and Law Graduate. He is a member of the Delhi Bar Council, an associate Member of the Institute of Chartered Accountants of India, the Institute of Company Secretaries of India and Management Accountants of India.