These tables show the best performing law firms overall in our rankings in this jurisdiction based on our assessment of aggregated rankings across all practice areas.
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Banking and Finance

FEMA UPDATE | AMENDMENTS TO FEMA REGULATIONS PROMOTING INCREASED INR USAGE

Background The Reserve Bank of India (RBI), through a press release dated 16 January 2025,  introduced amendments to several regulations made under the Foreign Exchange  Management Act 1999 (FEMA). These amendments aim to enhance the use of the  Indian Rupee (INR) in cross-border transactions. This initiative is a significant step  towards reducing dependency on foreign currencies and increasing the global  acceptability of INR for trade and investment purposes.
Mansukhlal Hiralal & Company - 23 May 2025
Dispute Resolution

ARBITRATION LAW UPDATE: GAG ORDER UNDER SECTION 9 OF THE ARBITRATION ACT CAN BE GRANTED FOR PROTECTING REPUTATION

Background: The Hon’ble High Court of Bombay in the matter Wonderchef Home Appliances Pvt.  Ltd. v. Shree Swaminarayan Pty Ltd. held that a gag order under Section 9 of the  Arbitration and Conciliation Act, 1996 (“the Act”) can be granted, pending resolution  of disputes between the parties, if the contractual obligation between the parties  stipulates to protect the party’s reputation and not otherwise.
Mansukhlal Hiralal & Company - 23 May 2025