Worldwide: Financial Restructuring

On May 21, 2026, the Securities and Exchange Board of India (“SEBI”) issued a consultation paper proposing changes to the existing price discovery framework applicable to Initial Public Offering (“IPO”) and re-listed scrips during the pre-open call auction session on the date of IPO listing or re-listing.

In a judgment of considerable significance for real estate insolvency law, the Supreme Court of India has, in Alpha Corp Development Private Limited v. Greater Noida Industrial Development Authority...

India’s infrastructure story has long been associated with ambition, mega highways, renewable energy parks, airports, logistics corridors, smart cities, data centres and urban transformation projects. Over the last two decades, billions of dollars have flowed into the sector from banks, institutional lenders, sovereign wealth funds, infrastructure funds and global investors eager to participate in India’s growth trajectory.

Australia's 2026-27 Budget delivers the most significant tax reform in 25 years, fundamentally reshaping property investment incentives through negative gearing restrictions and capital gains tax changes while navigating a global oil crisis pushing inflation toward 5%.

The NARCL Sanction Letter functions as a deferred ownership-transfer instrument. Boards that read it as a loan extension mischaracterise the underlying legal event. Two operative clauses determine the company’s...

The Reserve Bank of India has introduced a dedicated regulatory framework for resolving loan accounts of borrowers affected by natural calamities and certain external disruptions.

On March 23, 2026, Finance and Corporate Affairs Minister Nirmala Sitharaman introduced the Corporate Laws (Amendment) Bill, 2026 (Bill No. 85 of 2026) ("Bill") in the Lok Sabha. The Bill was subsequently referred to a Joint Parliamentary Committee ("JPC") for detailed examination.

Global Capability Centres (“GCCs”) in India are at an inflection point. With over 1,800 centres employing nearly two million professionals and generating approximately USD 64.6 billion in revenue as of 2024, the sector accounts for roughly 35 percent of India’s technology services workforce and over 1.6 percent of national GDP.

The National Company Law Appellate Tribunal, New Delhi Bench (“NCLAT”), in its judgment dated March 19, 2026, in SPS Steels Rolling Mills Limited v. Central Bank of India, Comp. App. (AT) (Ins)...