Divakar Vijayasarathy, founder and Managing Partner at DVS Advisors LLP, said that the amendments have been proposed with a view to minimise frivolous litigation and also to upheld the spirit of the legislation. “In cases of institutional restructuring to bailout an ailing public company like Yes Bank, the least any investor would want is a tax Bill for the bailout. Similarly, the case for government initiated restructuring of companies and regularisation of unauthorised colonies in NCR regions are causes initiated in public interest,” he said.