During the Covid-19 pandemic, we witnessed a rapid shift in the way legal and business community interpret Force Majeure clauses in commercial contracts.
Spice Route Legal
The Department-related Parliamentary Standing Committee on Industry presented its 309th report on Electric and Hybrid Mobility – Prospects and Challenges in Automobile Industry on 6 December 2021.
India's high logistics cost has been the proverbial leak that has reduced the competitiveness of the Indian exports and the economy in general.
A recent Delhi High Court judgement, issued on August 29, 2022 (the "August verdict"), set aside an arbitral award rendered in 2015 by the International Chamber of Commerce ("ICC")...
On August 22, 2022, the Government of India notified the new regime for overseas investments by Indian entities and individuals.
Spice Route Legal
As Indian start-ups evaluate ‘flipping' to jurisdictions in the United States – the recent use of review powers by the Committee on Foreign Investment in the United States should be factored in...
Economic Laws Practice
In the last week of July, one of the most awaited decisions this year was pronounced in Vijay Madanlal Choudhary.
Private Security Agencies (Regulation) Act (Act) was enacted in 2005 to oversee and regulate security agencies operating in the country.
The doctrine of promissory estoppel is an equitable doctrine evolved by equity to prevent injustice. The doctrine estops the promisor to retract from his promise in case while acting on the promise of the promisor...
With an aim to improve the ‘ease of doing business' and simplifying/ liberalising the investment regime, the Government of India in consultation with the Reserve Bank of India ("RBI")...
The Ministry of Power (MoP), Government of India has introduced the Electricity Amendment Bill, 2022 (Bill) before the Lok Sabha.
Lakshmikumaran & Sridharan Attorneys
The Competition Commission of India ("CCI") in recent years, has become a vigorous regulator. Frequent, suo moto investigations, exemplary penalties to create a deterrent effect, and market studies...
In a recent judgement in the matter of Union of India v Bharat Forge Ltd, Civil Appeal No. 5294/2022, the Supreme Court (SC) set aside the decision of Allahabad High Court (HC)...
Karanjawala & Company
With these words, the Supreme Court of the United States ("SCOTUS") speaking through Hon'ble Mr. Justice Samuel Alito ended the constitutional protection granted to a woman's right to terminate her pregnancy.
Bharucha & Partners
In simple terms, money laundering is the conversion of proceeds of crime into assets which appear to have a legitimate origin. The processes include concealment, removal, disguising, transfer, possession, etc.
It is well settled law that remedies under writ jurisdiction, intended to secure the performance of public or statutory duty, are generally only available against the State, as defined in Article...
Petitions raised concerns about likely abuse of Enforcement Directorate's power to attach assets, conduct search-and-seizure, and arrest suspects...
Shardul Amarchand Mangaldas & Co
The Supreme Court in its decision in Vijay Madanlal Choudhary & Ors. v. Union of India & Ors , passed on 27.07.2022 ("Vijay Madanlal"),
S&A Law Offices
As per section 28 of the Indian Contract Act, 1872; an agreement is void to the extent it restricts absolutely, a party from enforcing his contractual
Production Linked Incentive (also known as PLI) is a government initiative launched in March of 2020, to encourage investment from foreign and domestic companies and to create more employment.