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News & Events – Others

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?

Covid-19: Key Legal Issues For Businesses

2nd May, 2020

The ‘Export Promotion Council for EOUs & SEZs’, MEPZ and A.K. Mylsamy and Associates LLP, hosted a webinar on ‘Covid-19: Key Legal Issues For Businesses’.

MSME CEO Summit, 2019

2nd November, 2019

At the Confederation of Indian Industry [‘CII’] Conference on ‘MSME CEO Summit, 2019’ held on 2nd November 2019 at Le Meridian, Chennai. 

Program on Insolvency Law by AEIMA

25th September, 2019

Program organised by the ‘AEIMA’: Ambattur Industrial Estate Manufacturer’s Association on Insolvency Law on 25th September 2019.

Decoding the Insolvency and Bankruptcy Code
27th April, 2019

A special programme was organised by the Indo-Japan Chamber of Commerce and Industry for on Friday, [27th April, 2019] to asses the impact of the insolvency law on payables and receivables.

Mr.KK Balu, former judge, Company Law Board and Senior Legal Advisor at A K Mylsamy & Associates, and Mr.PS Suman, Corporate Lawyer, A K Mylsamy & Associates lucidly explained what the law entails while also shedding light on the merits and demerits of the current Code.

Read more about the article on “The New Indian Express”

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.

Insolvency and Bankruptcy Law – impact on Receivables Management
19th February, 2019

On 19th February, 2019 Mr. K K. Balu and Mr. P.S.Suman addressed members of the NASSCOM on the Insolvency and Bankruptcy law and its impact on Receivables Management. Mr. Balu spoke in detail about (a) concept of financial creditors & financial creditors, (b) priority in settlement of dues of corporate debtors, (c) defence available to members when proceedings are initiated under the Code, (d) recent case laws rendered by NCLT/NCALT/Supreme Court in connection with the Code, (d) recent amendments etc.

Mr. Suman gave an account of the objects and purpose of the Code, various recovery measures available to members of NASSCOM on recovery of receivables. He also touched upon the practical aspects of operational creditors and financial creditors and gave presented a detailed analysis of the implications of the Code on corporate debtors and preventive measures to be adopted by members to escape from the consequences of the Code. He rounded off by sharing data on the current status of the IBC proceedings.

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, Mr. AK. Mylsamy and Mr. PS Suman 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.

All you want to know on ICSA London (CS course in UK)
22nd March, 2016

The ICSI-SIRC is organizing a Study Circle Meeting on “All you want to know on ICSA London (CS course in UK)” on Tuesday, the 22nd March, 2016 at 6.00 pm at ICSI-SIRC House, Chennai. Shri P S Suman, Partner, A K Mylsamy & Associates LLP, Chennai will be the Speaker. PCH-1.



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