Government Regulation and Public Sector Law

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Article
India Defence, Aerospace & National Security 2026
India's defence market is larger on paper than in practice. The FY2026-27 Ministry of Defence budget of ₹7.85 lakh crore contains only ₹1.85 lakh crore of capital acquisition, of which ₹1.39 lakh crore is reserved for Indian industry. Against that, the Defence Acquisition Council cleared about ₹7.6 lakh crore of proposals in four meetings between February and September 2026. The gap between approvals and annual spending is the central fact for any supplier, investor or foreign OEM.
India Government
KS
King, Stubb & Kasiva
Article
Punjab And Haryana High Court Strikes Down JAO - FAO Retrospective Amendment As Unconstitutional
The Hon’ble Punjab and Haryana High Court (HC) in Jyoti Sareen vs. UOI & Others (CWP No. 15791-2024 (O&M)) (Order) held the retrospective amendments carried out vide the Finance Act, 2026, with respect to the powers of the Jurisdictional Assessing Officer (JAO) to issue a reopening notice under section 148 (Reopening Notice) of the Income-tax Act, 1961 (IT Act), as unconstitutional, being violative of the ‘doctrine of separation of powers’ and thus violative of Article 14 of the Constitution of India.
India Government
KC
Khaitan & Co LLP
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Article
India Defence, Aerospace & National Security 2026
India's defence market is larger on paper than in practice. The FY2026-27 Ministry of Defence budget of ₹7.85 lakh crore contains only ₹1.85 lakh crore of capital acquisition, of which ₹1.39 lakh crore is reserved for Indian industry. Against that, the Defence Acquisition Council cleared about ₹7.6 lakh crore of proposals in four meetings between February and September 2026. The gap between approvals and annual spending is the central fact for any supplier, investor or foreign OEM.
India Government
KS
King, Stubb & Kasiva
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Article
India-New Zealand Free Trade Agreement: Key things to note
The India-New Zealand Free Trade Agreement, ratified on 21 September 2026 and set to take effect on 20 October 2026, represents a landmark development in bilateral economic relations. This comprehensive analysis examines the Agreement's key provisions, including New Zealand's commitment to 100% duty-free market access for Indian exports, Rules of Origin requirements, service sector opportunities for Indian professionals and students, and New Zealand's pledge to facilitate USD 20 billion in investments into
India International
LS
Lakshmikumaran & Sridharan
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Article
The Analysts' Brief: BRICS Meets In New Delhi
India hosts the 18th BRICS Summit in New Delhi this weekend, where member nations navigate competing priorities: Russia seeks to demonstrate global relevance despite Western isolation, China and India work to strengthen their diplomatic thaw, and New Delhi pushes for digital currency integration while avoiding a common BRICS currency. Can the bloc maintain unity amid Brazilian elections, the Iran war, economic pressures, and members' diverging relationships with the US and other Western powers?
India International
S
Steptoe LLP
Article
Policy Newsletter | June 2026
The Reserve Bank of India, Securities and Exchange Board of India, Directorate General of Foreign Trade, Competition Commission of India, and Insolvency and Bankruptcy Board of India announced a series of targeted regulatory interventions aimed at improving market efficiency and reducing regulatory friction. These measures are designed to deepen India's financial and commercial ecosystem while the country continues its economic diplomacy efforts abroad.
India Government
DL
Dentons Link Legal
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Article
Section 37 Appeal Cannot Be Remitted To Arbitral Tribunal To Be Treated As A Section 17 Application Even By Consent: Supreme Court
In Union of India & Ors. v. Hariom Projects Pvt. Ltd. [2026 INSC 1044], the Supreme Court considered whether a High Court, while exercising appellate jurisdiction under Section 37(1)(b) of the Arbitration and Conciliation Act, 1996 (the "Arbitration Act") against rejection of an application under Section 9, could by consent of the parties remit the appellate proceedings to a subsequently constituted arbitral tribunal and direct the tribunal to treat those proceedings as an application under Section 17.
India Litigation
Trinity Chambers
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
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