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Legal Developments - Law Firm Thought Leadership by Hammurabi & Solomon Partners

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Registration Bill 2025: Breaking Colonial Legacy, Embracing Digital Governance;

Hammurabi & Solomon Partners | August 5, 2025

As India marches toward its 100th year of independence in the year 2047, we have seen in the recent past that India is making attempts to shed off its colonial legacy. Be it replacing the Macaulay’s Indian Penal Code, 1860 and Sir James Fitzjames Stephen’s Indian Evidence Act, 1872 with Bharatiya Nyaya Sanhita and Bharatiya …

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COMPREHENSIVE ANALYSIS OF SEP LITIGATION: UNDERSTANDING ANTI-SUIT INJUNCTIONS AND FRAND LICENSING IN INDIA & USA

Hammurabi & Solomon Partners | July 29, 2025

Co-authored by Mr. Rahul Jain (Partner) & Ms. Rushika Bakshi (Associate) INTRODUCTION In the rapidly evolving tech landscape, innovation and standardization are crucial for ensuring seamless interoperability between products and services. The Agreement on Trade-Related Aspects of Intellectual Property Rights (“TRIPS” or “Agreement”) is a multilateral agreement signed by all the member countries of the …

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Court’s power to modify an arbitral award

Hammurabi & Solomon Partners | June 3, 2025

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

Hammurabi & Solomon Partners | May 27, 2025

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

Hammurabi & Solomon Partners | May 22, 2025

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

Hammurabi & Solomon Partners | May 8, 2025

“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

Hammurabi & Solomon Partners | April 9, 2025

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

Hammurabi & Solomon Partners | March 11, 2025

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

Hammurabi & Solomon Partners | November 27, 2024

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)]

Hammurabi & Solomon Partners | October 9, 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,

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