Finance Law and Banking Law

Under the extant tax law, a unit in the International Financial Services Centre (‘IFSC') is eligible for availing a 100% tax deduction on certain eligible income for a period of 10 consecutive years out of 15 years...

As key players in the Indian capital markets, Merchant Bankers perform essential functions like issue management, underwriting, portfolio management, and loan syndication.

In the board meeting held on 18 June 2025 (Board Meeting), the Securities and Exchange Board of India (SEBI) introduced a series of reforms to facilitate ease of doing business and align regulatory provisions...

Under the extant tax law, a unit in the International Financial Services Centre (‘IFSC') is eligible for availing a 100% tax deduction on certain eligible income for a period of 10 consecutive years out of 15 years...

In today's fiercely competitive business world, companies are constantly seeking innovative ways to optimize costs, boost efficiency, and hone in on what they do best.

‘The June 2025 edition of Fox & Mandal's newsletter examines SEBI's proposed changes to the regulatory framework for FPIs investing in sovereign bonds; lifting of restrictions on FPIs in the corporate debt market; necessity of establishing time value of money under IBC; priority of RERA obligations over conflicting mortgage arrangements; enhanced EPR compliance for plastic reuse and recycling; and other changes in India's corporate, capital markets, real estate, insolvency, and banking sectors.'

On January 24, 2024, the Ministry of Finance ("MoF") in exercise of the powers conferred under Section 46(2)(aa) and Section 46(2)(ab) of the Foreign Exchange Management Act...

As a significant step towards permitting Indian companies to list their equity shares on foreign exchanges, the Finance Minister, in July 2023, announced the Government's decision...

The International Financial Services Centre (IFSC) at the Gujarat International Finance Tec-City City is India's first international financial centre.

The Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) has notified a new compliance requirement that mandates financial institutions to disclose the source of funds...

In a recent judgment, the Supreme Court of India has reaffirmed the applicability of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) in disputes between banks over secured assets.

The Stressed Asset Securitisation Framework is set to deepen the secondary market of stressed loans by providing more flexibility to the banks and financial institutions to convert illiquid loans into tradable securities. Further, it will provide a broader mechanism for the regulated entities to undertake securitisation of their stressed loan exposures, similar to the framework applicable to securitisation of standard assets...