Asia: Corporate/Commercial Law

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Article
Lock‑In Period In Nepal: Rules For Promoter Shares, Legal Framework & CDSC Flagging Mechanism (2026)
This article from Niti Partners and Associates explains the lock‑in period rules applicable to promoter shares, employee shares, project‑affected local shares, and other restricted securities under Nepali securities law. The lock‑in mechanism is primarily governed by the Securities Registration and Issue Regulation, 2073 and enforced through the depository system of CDS and Clearing Limited (CDSC).
Nepal Commercial
NP
Niti Partners and Associates
Article
Judicial Restraint And Expertise: Key Takeaways From The Supreme Court’s Judgment In M/S Steag Energy Services (India) Pvt Ltd V GSPC Pipavav Power Company Ltd (2026)
The Supreme Court of India has delivered a landmark ruling that redefines the boundaries of judicial intervention in commercial procurement processes. In a dispute involving the operation and maintenance contract for a gas-based power plant, the Court examined whether courts can substitute their judgment for technical evaluators when reviewing tender awards, and what standards must govern such review.
India Commercial
IL
IndiaLaw LLP
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Article
Restructured Debt And The Survival Of Registered Charges: NCLAT Affirms Secured Creditor Status In The Absence Of Post-Restructuring ROC Modification
The National Company Law Appellate Tribunal delivered a landmark ruling on whether credit facilities restructured under RBI guidelines retain their secured status during liquidation proceedings without corresponding modification of charge registration. The judgment addresses the complex interplay between corporate debt restructuring, charge registration requirements under company law, and the insolvency resolution framework, establishing critical precedents for consortium lending practices.
India Insolvency
IL
IndiaLaw LLP
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