The Conundrum of NBFC Loans Secured against Unlisted Shares
The Reserve Bank of India (“RBI”) through its notification dated April 10, 2015 (“RBI Notification”) amended Non-Banking Financial (Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions,
EXCLUSION CLAUSES IN CONTRACTS BARRING A CLAIM FOR DAMAGES
I. Introduction Section 73 of the Indian Contract Act, 1872 (“Contract Act”) is a statutory declaration of the right of a party to claim damages for a loss or damage caused by breach of the contract.
Climate Change and ESG Considerations in India’s AI-Driven Future
Google recently acknowledged in a 2024 environmental report that its 2030 net-zero goals were at risk because of developments related to artificial intelligence (“AI”).
Direct Tax Vivad se Vishwas Scheme, 2024
The Direct Tax Vivad se Vishwas Scheme, 2024 (“VSV Scheme, 2024”) has been proposed in the Finance (No. 2) Bill, 2024.
Real nature of the transaction to be ascertained to determine whether a claim falls under financial or operational debt: Observes H SC
The Hon’ble Supreme Court (“H SC”) in the matter of Global Credit Capital Limited & Anr v. Sach Marketing Private Limited & Anr[i]
Navigating Indian Healthcare Marketing Laws: Why they matter for Global Marketers
A Booming Market Beckons The Indian healthcare sector presents a tantalizing prospect for foreign Multinational Corporations (MNCs).
LEGAL CHALLENGES TO FLEXIBLE WORK ARRANGEMENTS IN INDIA
Flexible Working Arrangements In recent years, the workspace has undergone a seismic shift due to the COVID-19 pandemic.
Financial Creditor’s status in IBC, Rediscovered
The conundrum arising from claiming the status as ‘financial creditor’ of a corporate debtor reached Supreme Court,
Safeguarding Biodiversity or Mitigating the Impact of Climate Change: A Novel Dilemma
In a landmark judgement delivered in March 2024, in MK Ranjitsingh & Others vs. Union of India & Others,
Global Captive Centres (GCCs): Key Considerations for Establishing or Acquiring a GCC in India.
Introduction India has emerged as a pivotal hub for global businesses seeking to optimize their operations through Global Captive Centres (GCC).