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In a recent landmark judgment, the Supreme Court of India, in the matter of M/s. IFCI Limited vs. Sutanu Sinha & Ors., dealt with a vital issue, i.e., whether an instrument such as a CCD should be treated as debt or equity …

Insolvency proceedings under the Insolvency and Bankruptcy Code, 2016 are overseen by the relevant adjudicating authority.

Further to our Part II, in this Part we have dealt with the interpretation of the term "Dispute" under the Code.

Since the enactment of the Insolvency and Bankruptcy Code in 2016 ("IBC, 2016), the judiciary has been very active in settling disputes and addressing the gaps arising from this...

The recent judgment of the Supreme Court in Independent Sugar Corporation Ltd. v. Girish Sriram Juneja & Ors. has reignited the debate on whether the approval of the Competition Commission of India ("CCI") must precede the Committee of Creditors ("CoC") approval in the insolvency process.

‘The June 2025 edition of Fox & Mandal's newsletter examines SEBI's proposed changes to the regulatory framework for FPIs investing in sovereign bonds; lifting of restrictions on FPIs in the corporate debt market; necessity of establishing time value of money under IBC; priority of RERA obligations over conflicting mortgage arrangements; enhanced EPR compliance for plastic reuse and recycling; and other changes in India's corporate, capital markets, real estate, insolvency, and banking sectors.'

A balance sheet is a financial statement that records and reports inter-alia a company's assets, liabilities and shareholders equity for a specific period of time.

Alternative Investment Funds (AIFs) in India represent a distinct and rapidly expanding segment of the nation's financial landscape.

At its board meeting dated April 30, 2024, the Securities and Exchange Board of India (SEBI) made several amendments to various SEBI regulations. The most significant change was the approval of a reduction...

Cryptocurrencies and digital assets have moved beyond speculation to become tangible instruments of business transformation.

In a significant move to deepen foreign participation in India’s sovereign debt market, the Government of India promulgated the Income-tax (Amendment) Ordinance, 2026 on 5 June 20261, introducing a comprehensive tax exemption for eligible foreign investors investing in Government securities. Effective retrospectively from 1 April 2026, the Ordinance exempts specified income arising from Government securities from withholding tax and long-term capital gains tax, thereby addressing one of the principal tax-related barriers to foreign investment in Indian debt markets.

The Supreme Court, in Anjani Technoplast Ltd. v. Shubh Gautam (2026 INSC 410) ('Anjani Technoplast'), has set aside the admission of a Section 7 petition filed by a decree holder against a solvent and functioning company. A Bench of P.S. Narasimha and Alok Aradhe, JJ. held that a decree holder who has the full machinery of civil execution available to him cannot invoke the insolvency jurisdiction as a substitute for execution proceedings.

The electronic book building mechanism for listed privately placed securities will be effective from 1 July 2016.

NCLT, by its order of 16.05.2018 held six (6) transactions to be preferential, undervalued and fraudulent, and permitted their avoidance.

During the regime of the Companies Act, 1956, there used to be no distinction between financial and operational debts. Section 433(e) of the Companies Act, 1956, only stated that a company may be wound up by the court, ...

In a recent judgment, the Supreme Court of India in M/s Godwin Construction Pvt. Ltd. v. Commissioner, Meerut Division & Anr. addressed an important issue concerning the correct classification of instruments for the purpose of stamp duty under the Indian Stamp Act, 1899.