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By Ajay Bhargava, Jeevan Ballav Panda, Shalini Sati Prasad
The matter involved an interesting proposition of law in dealing with a challenge raised by Era Infra before the Delhi High Court in two separate petitions filed against Aravali Power under Section 14 and 11(6) of the 1996 Act...
By Dinesh Agrawal, Pranay Sahay
The Government introduced a new GST Rule 120A vide Notification No. 34/2017- Central Tax dated 15 September 2017 (‘Notification').
By Kumar Singh, Rajeev Vidhani, Soumava Chatterjee, Ashwij Ramaiah
The Allahabad High Court was presented with the question as to whether the grant of a moratorium on any claim / suit or enforcement of security interest against a corporate debtor implies an embargo on the rights of the lenders to institute parallel proceedings...
By Anshul Prakash, Parag Bhide, Shivani Vij
The Government of Maharashtra, vide notification dated 7 September 2017 had notified the Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2017.
By Nishant Prasad, Kumar Kartikeya Prakash
An age-old question debated for long and of utmost importance for structuring is whether subscription to compulsorily convertible debentures by any person would be considered as a loan or an investment.
By Bhavik Narsana, Minhaz Lokhandwala
The healthcare industry in India has seen an impressive growth trajectory in the past few years and the Indian medical devices market has been the sunrise segment in the healthcare space.
By Susmit Pushkar, Susanah Naushad
The Central Government has given the SFIO the green signal to make arrests of Key Managerial Personnel (KMPs), directors or any other person reasonably believed to be guilty of an offence under the Companies Act, 2013.
By Atul Pandey, Abhishek Sanyal, Shreya Gulati
The erstwhile Companies Act 1956 (1956 Act) prescribed a court driven procedure for compromises, arrangements and amalgamations in respect of companies (Arrangements), which was fairly cumbersome and time-consuming.
By Sarthak Sarin
The proposals for FDI beyond 49% in the SBRT sector were processed and approved by the Department of Industrial Policy and Promotion (DIPP) and the Foreign Investment Promotion Board (FIPB).
By Vanita Bhargava, Abhisaar Bairagi
On 31 August 2017, the Supreme Court put to rest the controversy surrounding the course to be adopted in case of circumstances giving rise to justifiable doubts as to the independence or impartiality of an arbitrator.
By Kumar Singh, Ashwin Bishnoi, Rajeev Vidhani, Dhwani Shah, Ashwij Ramaiah
In its first detailed ruling on some of the substantive legal questions under the Insolvency and Bankruptcy Code, 2016 (Code), the Hon'ble Supreme Court (Apex Court) has delivered a landmark order...
By Ravi Kulkarni, Avaantika Kakkar
A recent news report suggests that the Ministry of Corporate Affairs (MCA) has proposed reducing the number of members at the Competition Commission of India (CCI) to a Chairperson and three members...
By Manisha Shroff, Madhuparna Dasgupta, Meenakshi Kurpad
The Reserve Bank of India (RBI) introduced the Commercial Paper Directions, 2017 (Directions) on 10 August 2017. The primary purpose of the Directions is to regulate commercial papers (CPs) accepted as deposits by non-banking companies.
By Atul Pandey, Hirak Mukhopadhyay, Shreya Gulati
The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, Government of India (GOI) recently released the consolidated foreign direct investment (FDI) policy circular of 2017 (New FDI Policy).
By Rajat Jariwal, Harsh Walia, Supratim Chakraborty
The Government of India's Aadhar Card scheme (a digital recognition initiative) stirred up a hornets' nest when allegations regarding violation of privacy were raised against the said scheme.
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