The Insolvency and Bankruptcy Code stands to be one of the most direly needed legislation in the wake of the increasing corporate culture

Initially, Foreign Direct Investment (FDI) up to 49% was permitted in companies investing in the infrastructure / services sector excluding the telecom sector.

Update: Effective 1st April 2022, Surcharge @1% on Sale, Gift and Usufructuary Mortgage in Brihan Mumbai Municipal Corporation Areas...

The Securities and Exchange Board of India (Sebi) has proposed to suitably amend a portion of Clause 166 of the Companies Bill, 2009, disallowing interested shareholders from voting on special resolutions required for related-party transaction.

In the case of Idea Cellular Limited vs. ADIT: ITA No. 1619/Mum/2011, order dated June 10, 2012 (Mum), the assessee had entered into a term loan agreement with the lender, Finnish Export Credit Limited.

At present Mutual Funds registered with the Securities and Exchange Board of India (SEBI), are entitled to invest in American Depository Receipts (ADRs) / Global Depository Receipts (GDRs) issued by Indian companies, rated debt instruments and in the equity of overseas companies listed on a recognised overseas stock exchange with a shareholding of not less than ten percent in a listed Indian company.

In order to regulate pre – issue publicity by companies proposing to make a public or rights issue and with a view to making the Indian primary market more efficient and transparent, the Securities and Exchange Board of India, (“SEBI”), has vide its circular dated 18th October 2006, operationalised a new norm whereby publicity made during the period commencing from the date of approval of the issue by the Board of Directors of the issuer company till the allotment of shares in the issue, is cons

From a legal standpoint, the transaction of buying or selling a property involves various steps.

An ECB refers to commercial loans [in the form of bank loans, buyers’ credit, suppliers’ credit, securitised instruments (e.g. floating rate notes and fixed rate bonds)] availed from non-resident lenders with minimum average maturity of 3 years.

The Hon'ble Supreme Court of India while putting at rest a controversial issue has held that the revival of a sick company will take precedence over recovery proceedings.

On 6 October 2025, NCLAT's Principal Bench, New Delhi, delivered a terse but telling reminder that the CIRP under the Insolvency & Bankruptcy Code, 2016 is triggered by default, not the degree of disbursement or the robustness of security.

The enforcement of security interest under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) frequently intersects with complex questions...

Since specific indemnity is often intended to be clear/uncapped protection for the indemnity holder.

A Company raises funds by issue of shares, debentures, taking loans from banks and financial institution.

Recently in the case of Standard Chartered Bank v. Deputy Director, Directorate of Enforcement, the Appellate Tribunal, Prevention of Money Laundering Act, New Delhi has clarified the anomaly...

To have a better understanding of this Article, this Article should be read in conjunction with our previous Article.

The move of the securities market regulator to bring art funds within the ambit of the securities law regulatory framework is incorrect.

In October 2021, the Reserve Bank of India (RBI) released a scale-based regulatory framework for non-banking financial companies (NBFC) to tackle systemic risks posed by the sector.

The Reserve Bank of India (RBI) has released a draft circular on ‘Responsible Lending Conduct – Levy of Foreclosure Charges/ Pre-payment Penalties on Loans' proposing...

The Debt Recovery Appellate Tribunal, Chennai, examined whether fresh evidence of a defendant's attempts to sell secured properties after giving undertakings to the court could justify reversing a lower tribunal's refusal to grant...