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When Arbitral Proceedings Are Abandoned, The Court Cannot Appoint A Substitute Arbitrator Under Sections 11 And 14 Of The Arbitration Act
The Bombay High Court in Supama Realtors LLP and Others vs. Mulchand Kaluchand Ranka and Others , inter alia held that an application for appointment of a substitute arbitrator under Section 11 read with Section 14 of the Arbitration and Conciliation Act, 1996 ("Arbitration Act") cannot be allowed where the arbitral proceedings themselves have stood terminated on account of abandonment under Section 32(2)(c) of the Arbitration Act.
India Litigation
MM
M Mulla Associates
Article
When The Designer Is A Machine: Authorship, Novelty, And Ownership In AI-Generated Industrial Designs
When a generative tool can produce a product's shape, packaging, or interface in seconds, the older assumptions behind design law start to strain. This piece asks who counts as the author or applicant when a human prompt and a machine's output are combined, what that combination does to novelty searches and disclosure risk, how ownership is actually allocated in AI platform contracts, and why a design registration is refused, or granted, in ways that copyright and patent protection are not.
India IP
Ka
Khurana and Khurana
Article
The IBC Amendment Act, 2026: Reshaping Real Estate Insolvency
The Insolvency and Bankruptcy Code (Amendment) Act, 2026 (‘Amendment Act’), which amends the Insolvency and Bankruptcy Code, 2016 (‘Code’), received Presidential assent on April 6, 2026. Most amendments took effect on May 26, 2026. However, three significant mechanisms the accelerated admission deadline, creditor-initiated resolution, and group insolvency have been enacted but have not yet come into force and will take effect only upon the issuance of a commencement notification by the Central Government under the applicable provisions of the Code.
India Insolvency
SA
Shardul Amarchand Mangaldas & Co
Article
Same Pool, Different Bargains: Differential Rights In Accredited Investors Only Funds
In an ordinary alternative investment fund (“AIF”), investors participate in all investments of the scheme in proportion to their commitments. Since November 2024, this principle has not merely been market convention; it is reflected in the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”). Alongside this pro-rata requirement, the AIF Regulations also require investors to be treated pari-passu in respect of other rights available to them.
India Finance
CP
Corporate Professionals
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