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Nishith Desai Associates
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By Bhavana Sunder, Kshama Loya Modani
The Arbitration and Conciliation (Amendment) Act, 2015 does not apply retrospectively to arbitration proceedings commenced prior to it coming into force, unless the parties otherwise agree.
By Srikanth Vasudevan, Nishchal Joshipura
A recent senior hire by global alternatives giant Kohlberg Kravis Roberts & Co from CLSA Capital Partners has brought the spotlight on a significant clause in investments funds documentation – key person event.
By Nishith Desai Associates
Radiant Life Care Private Limited, a leading Indian hospital management company promoted by Mr. Abhay Soi and backed by global investment firm KKR announced that its shareholders, through series of transactions, ...
By Bhavana Sunder, Ashish Kabra
Arbitration agreements must be read in a holistic manner to determine the seat and correspondingly the jurisdiction of the supervisory court, if the seat or place of arbitration is not specified in the arbitration...
By Nishith Desai
MUMBAI - India has lost hundreds of billions of dollars over the past six decades as companies and the rich stashed cash overseas to avoid taxes and hide ill-gotten gains, widening inequality...
By Nishith Desai
India Budget 2017 : For The International Business Community
By Shashwat Sharma, Shipra Padhi
Tribunal holds that a valid TRC is evidence of not just residence of taxpayer but also it being the beneficial owner of income.
By Anuja Maniar, Ashish Sodhani
Tribunal refuses to accept the calculation of fair market value of redeemable preference shares based on net worth of the issuing company.
By Prakhar Dua, Ashish Sodhani
The FA, 2018 introduced Section 112A into the Tax Act with effect from April 01, 2018 wherein it stipulated that the capital gains of more than INR 1,00,000 received for alienation of equity shares of a company...
By Nishith Desai
Signing Ceremony Of The Guide On Mutual Recognition And Enforcement Of Civil And Commercial Judgments In DIFC Courts And Courts In India Between DIFC Courts And Nishith Desai Associates (September 14, 2018)
By Joachim Saldanha, Ashish Sodhani
Recently, the NCLT refused to sanction a scheme of amalgamation between AJL and GIPL on the ground that the scheme was designed purely for the avoidance of tax and was not in the public interest.
By Aparna Gaur, Aarushi Jain, Vivek Kathpalia
Platforms hosting user content and retaining control over the content, by exercising their right to modify and refuse uploads, cannot claim safe harbour protection under Section 79 of the Information Technology Act, 2000.
By Srikanth Vasudevan, Richie Sancheti, Kishore Joshi
Post consideration of the interim report submitted by the HR Khan working group, SEBI has recently released two circulars for FPIs – one dealing with eligibility criteria ...
By Nishith Desai
Karma Capital's Nandita Parker Says Sebi Circular Is Causing Anxiety Among NRI Community (video).
By Mohammad Kamran, Arjun Gupta, Simone Reis
In this article, we explore the rights of a special class of creditors, i.e. holders of bonds and their ability to initiate corporate insolvency resolution process under IBC in light of "no action clauses" and issues arising thereof.
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