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RBI’s Continuing FEMA Rationalization: What Businesses Should Know About The Withdrawal Of Legacy Circulars
The Reserve Bank of India has withdrawn seven legacy FEMA circulars as part of its ongoing rationalization initiative, affecting cross-border transactions, ECB frameworks, and foreign exchange compliance. This development underscores the importance of relying on current regulations rather than historical circulars when structuring international transactions.
India Finance
MC
MAHESHWARI & CO. Advocates & Legal Consultants
Article
Passport Is A Civil Document, Mere Pendency Of Criminal Case Prima Facie Not Ground To Withhold It: Allahabad High Court
In Mohd. Aftab v. Union of India and others, the Allahabad High Court, by an interim order dated September 14, 2026, observed that passport authorities have, prima facie, no business denying a passport merely because a criminal case is pending against the applicant. The Bench of Justice J.J. Munir and Justice Indrajeet Shukla also clarified that holding a passport does not give a person a spontaneous passage across borders.
India Criminal
IL
IndiaLaw LLP
Article
When Should A Business Choose Arbitration Over Commercial Litigation? Key Considerations For Employers
Business disputes often require formal resolution mechanisms when negotiation fails. Understanding the key differences between arbitration and commercial litigation—including costs, confidentiality, enforceability, and arbitrability—helps employers make informed decisions about which dispute-resolution route best serves their commercial interests under India's Arbitration and Conciliation Act, 1996.
India Litigation
AL
Anhad Law
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