India: Contracts and Commercial Law

In Nagaraj V. Mylandla v. PI Opportunities Fund-I & Ors. [Special Leave Petition (Civil) Nos. 31866-68 of 2025] (‘Nagaraj V. Mylandla Case’), the Supreme Court of India grappled for the first time with the doctrine of ‘transnational issue estoppel’. Its endorsement of the doctrine in the context of enforcement proceedings under Section 48 of the Arbitration and Conciliation Act, 1996 (‘the Arbitration Act’) places India squarely within a growing international consensus: awards that have withstood challenge at the seat should not be relitigated on the merits at the enforcement stage.

Sustainable growth is rarely accidental. It is the result of deliberate decisions made at the earliest stages of building a business. Strong and smart business foundations provide the structure, clarity and resilience...

The Supreme Court of India has applied the principle of 'transnational issue estoppel' in foreign arbitral award enforcement proceedings, preventing parties from relitigating issues already decided by seat courts.

Section 105 of BNS renders every compliance manual immediately irrelevant. Device seizure signals a criminal investigation, not a regulatory inquiry. The Board’s paperwork does not address...

SEBI, by way of a Circular dated March 6, 2026, on ‘Introduction of voluntary lock-in/debit freeze facility to mutual fund folios’, has introduced a voluntary debit freeze facility for mutual fund investors...

National Company Law Appellate Tribunal (‘NCLAT’) in Pragiti Construction v. Committee of Creditors of Rancom Healthcare Pvt. Ltd. & Ors. held that permitting a resolution applicant...

The National Company Law Tribunal, Kochi Bench, recently addressed a critical question regarding the rights of dissenting financial creditors in post-approval execution proceedings under the Insolvency and Bankruptcy Code, 2016.

The Supreme Court of India has delivered a landmark ruling clarifying the threshold for rejecting insolvency applications under Section 9 of the Insolvency and Bankruptcy Code, 2016. In GLS Films Industries Private Limited v. Chemical Suppliers India Private Limited, the apex court addressed whether appellate tribunals can conduct mini-trials to evaluate the merits of pre-existing disputes, or whether they must simply confirm the existence of a plausible dispute. This judgment reinforces critical safeguards

Expanding into a new market is one of the most critical decisions a founder can make. A well-planned entering a new market strategy can unlock growth, diversify revenue and strengthen brand presence. However, entering a new geography without proper legal, commercial and operational planning can expose businesses to significant risks.