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The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015 provides for 17 (seventeen) Sustainable Development Goals ("SDGs"). The SDGs emphasise the close links among the Environmental, Social, and Economic ("ESG") aspects of sustainable development.

The Reserve Bank of India ("RBI"), from time to time, had issued various Guidelines with the objective of stimulating the stressed assets in the economy.

Recently, the NCLAT, Principal Bench, in the matter of Vivek Malik v. Punjab National Bank & Anr held that the Application filed under Section 7 of the Insolvency and Bankruptcy Code will not be time-barred if the application ...

In a recent judgment, the Supreme Court of India, while keeping up the efforts of plugging various loopholes in Insolvency & Bankruptcy Code, 2016 ("Code"), decided an interesting legal issue...

Accordingly, all eligible current account transactions including trade transactions in 'Euro' are permitted to be settled outside the ACU mechanism until further notice.

The Insolvency and Bankruptcy Code, 2016 ("IBC") being a relatively new legislation, has witnessed inconsistent interpretation of its various provisions, especially in respect of certain legal issues...

On May 13, 2020, the Finance Minister, Nirmala Sitharaman ("FM") outlined the first tranche of the stimulus package of Rs. 20 lac crores (Indian Rupees twenty lac crores) ("Package").

Depository Receipts in India were governed by the Foreign Currency Convertible Bonds and Ordinary Shares Scheme, 1993 as amended from time to time.

In response to the growing concerns related to greenwashing that largely involve misleading claims regarding the environmental benefits of Environment, Social, and Governance (ESG)...

In the September edition of our monthly newsletter "Legalaxy", our team analyses some of the key developments in securities market, banking and finance, corporate affairs, intellectual property rights, and pharmaceuticals.

Recently, vide judgment dated 23 December 2021, the Punjab and Haryana High Court (High Court) in the case of M/s Pal Alloys & Metal India Private Limited and others v. Allahabad Bank and others.

The investment management landscape in India has evolved significantly, with introduction of various investment products.

In Saranga Anilkumar Aggarwal v Bhavesh Dhirajlal Sheth and Ors 2025 SCC OnLine SC 493, the Hon'ble Supreme Court of India ushered in some much-needed clarity on the scope and ambit of an interim moratorium which comes into force under Section 96 of the Insolvency and Bankruptcy Code, 2016 in personal insolvency proceedings.

The Petitioner was an investor cum consultant to the Corporate Debtor under a previous agreement dated 28 November 2014, in respect of setting up of a new retail outlet.

Recently, on July 26, 2021, a Division Bench of the Supreme Court pronounced a judgement upholding that interest free loans would fall under the definition of ‘financial debt' as defined under section 5(8)...

The outbreak of Covid-19 and the subsequent nationwide lockdown to curb spreading of the infection, have significantly impacted economic activities throughout the country and the world at large.

This update supplements our earlier analysis dated March 12, 2026 ("Part 1") on the same subject title based on the press release dated March 07, 2026 issued by the government of India...