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In the recent decision of the Anjani Kumar Prashar (Suspended Director of Grandstar Realty Pvt. Limited) v. Manab Dutta, the National Company Law Appellate Tribunal ("NCLAT")...

Recently, the Appellate Authority (NCLAT) in the matter of Laxmi Pat Surana v. Union Bank of India & Ors. has held that an application under Insolvency and Bankruptcy Code, 2016 (‘I&B Code') is ...

The Reserve Bank of India (RBI) officially kicked off an entirely new phase in its efforts to reform a banking system ridden with non-performing assets (NPAs).

On October 18, 2007, the MIDC issued a show-cause notice to BI stating therein that various violations of the terms of the Deed had been noticed. Meanwhile, the DRT issued an order of proclamation for the sale of the Plot on October 29, 2007...

The detailed guidelines for issuance of Rupee denominated bonds overseas are set out below...

In the recent past, foreign portfolio investment (FPI) route had become a dominant source of foreign investments in India.

The Supreme Court recently in Phoenix Arc Private Limited v. Spade Financial Services Ltd. and others dealt with two sets of appeals being Civil Appeal No. 2842 of 2020 and Civil Appeal No. 3063 of 2020

The National Company Law Appellate Tribunal, Principal Bench, New Delhi (“NCLAT”), In the case of Vistra ITCL (India) Limited vs. Vithal Madhukar Dahake and Ors.1, has considered whether a third-party mortgagor, which created security over its assets for the debt of another entity, could be treated as giving rise to a ‘financial debt’ under the Insolvency and Bankruptcy Code, 2016 (“IBC”). The appeal arose from an order of the National Company Law Tribunal, Mumbai (“NCLT”).

In a recent ruling, the Gujarat High Court (the "GHC") has dealt with five different issues under the Gujarat Stamp Act, 1958 (the "GSA")...

The Reserve Bank of India and the Securities Board of India has restricted the ability of foreign portfolio investors to invest in Bonds having residual maturity of less than 3 (three) years.

The Supreme Court has recently answered the conundrum surrounding the impact of invocation of pledge vis-à-vis the actual discharge of the debt in the matter of PTC India Financial Services Limited (PFS)...

The startup ecosystem in India which accommodates more than 120,000 businesses that have an estimated valuation of USD 450 billion by 2025 is increasingly using intellectual property (IP) as a security capital to finance their growth.

The Finance Act of 2015 had proposed certain amendments to the Foreign Exchange Management Act, 1999 ("FEMA").

Budget 2013 has now been passed by the Parliament and signed into law in India, with a few amendments and this Private Debt and Private Equity in Real Assets Update provides a brief analysis of some of the provisions that have been changed in the Finance Act, 2013 with their impact on the private debt and private equity investments in the real assets industry.

The requirement for borrowers with aggregate fund-based and non-fund-based exposure of INR 5 crores and above to obtain a Legal Entity Identifier (LEI) represents a significant regulatory intervention in India's credit and financial reporting framework.

The Reserve Bank of India (Trade Relief Measures) Directions, 2025[1] (“RBI Directions”) was issued last November to cushion exporters from the trade disruptions caused by global headwinds and to ensure the continuity...

The RBI has issued the Reserve Bank of India (Project Finance) Directions, 2025 (‘Project Finance Directions') dated June 19, 2025, to take effect from October 1, 2025 (‘Effective Date').

V. Hotels Ltd (Corporate Debtor) had executed a Loan Agreement in March 2002 with a consortium of banks consisting of Bank of India, Punjab National Bank, Union Bank of India, Vijaya Bank...