Court’s power to modify an arbitral award
In Gayatri Balaswamy v. M/S. ISG Novasoft Technologies Limited Bench: Chief Justice Sanjiv Khanna, Justice B.R. Gavai, Justice P.V. Sanjay Kumar, Justice A.G. Masih, Justice K.V. Viswanathan. Date of Judgement: 30/04/2025 INTRODUCTION In a recent ruling in Gayatri Balaswamy vs. M/S. ISG Novasoft Technologies Ltd[1], a Constitution Bench of five judges of the Supreme Court …
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Reserve Bank of India (Digital Lending) Directions, 2025: Brief Overview& Analysis
On 8 May 2025 the Reserve Bank of India issued the Reserve Bank of India (Digital Lending) Directions, 2025, a single rule-book that repeals and folds into itself every digital-lending circular since 2022, including the default-loss-guarantee (DLG) FAQ and the outsourcing norms for Lending Service Providers (LSPs).
Kalyani Transco V Bhushan Power and Steel Limited: A Precedent on Procedural Integrity under IBC
In a significant and far-reaching pronouncement, the Hon’ble Supreme Court of India has rendered a watershed judgment under the aegis of the Insolvency and Bankruptcy Code, 2016 (“IBC”), which is poised to operate as a binding judicial precedent in the regime of corporate insolvency resolution processes.
TAMING THE AI GOLIATH: BATTLE FOR ETHICAL AND LEGAL AI DEVELOPMENT
“AI will be the best or worst thing ever for humanity.” – Elon Musk Just weeks ago, Geoffrey Hinton, widely regarded as the ‘Godfather of Artificial Intelligence,’ expressed his agreement with Elon Musk’s concerns and estimated that there is a 10 to 20 percent risk of AI eventually taking control away from humans.
Navigating the Tussle between PMLA and IBC: Legal Interplay and Judicial Perspectives
Insolvency and Bankruptcy Code, 2016 (IBC), and the Prevention of Money Laundering Act, 2002 (PMLA), address different issues and were created for distinct purposes.
REVERSE MERGER SCENARIO IN INDIA
With the changing world order and the economic uncertainties the corporates have been facing since the pandemic, there have been a significant rise in unconventional and idiosyncratic corporate restructuring scenarios all over the world for various reasons.
Role of Asset Reconstruction Company in the Insolvency Process
Introduction In the 1990s, India’s banking sector witnessed a notable rise in Non-Performing Assets (NPAs) due to factors like economic slowdown, liberalization, and new lending practices.
REVIVING ENTERPRISES – OBJECTIVE OF RESTRUCTURING LAW M/S. PRO KNITS v/s THE BOARD OF DIRECTORS OF CANARA BANK & ORS. [SPECIAL LEAVE PETITION (C) NO. 7898 OF 2024)]
Supreme Court In a recent Judicial pronouncement the Supreme Court came up with the decision supporting the implementation of an existing framework for early detection of financial stress of enterprises,
DARK PATTERNS AND ITS IMPACT ON BUSINESSES
DARK PATTERNS India has one of the world’s largest internet bases which makes it a crucial market for global online platforms.
DARK PATTERNS AND ITS IMPACT ON BUSINESSES
DARK PATTERNS India has one of the world’s largest internet bases which makes it a crucial market for global online platforms.