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Today we are facing a truly difficult situation. The global coronavirus pandemic is affecting our life and communities. Most businesses are in uncharted territory.

Letter of Credit (‘LC') is a very common document used in international trade.

By observing that the lockdown was prima facie in the nature of a force majeure, the Delhi High Court in Halliburton Offshore Services Inc vs Vedanta & Anr. case

This article examines the decline of Bira 91 rapid from a leading beer brand, attributing it to multiple governance decisions and a seemingly straightforward corporate name change...

The Reserve Bank of India (“RBI”) has brought forward the expiry of the temporary relaxation in interest rates payable on certain Non-Resident External (“NRE”) and Foreign Currency Non Resident (Bank) (“FCNR(B)”) deposits from September 30, 2026 to August 31, 2026.

The Hon'ble Delhi High Court ("Delhi HC"), in the matter of Chand Mehra and Anr. vs. British Airways PLC...

In a recent judgment in the case titled Universal Petro Chemicals Ltd. Vs. BP PLC and Ors., the Supreme Court, when considering an appeal relating to contractual disputes...

The Consolidated FDI Policy (FDI Policy) states that 100% FDI is allowed under automatic route in e-commerce activities.

Material Adverse Effect ("MAE") or Material Adverse Change ("MAC") clauses are often used in mergers and acquisition ("M&A") agreements. MAC clauses are a double-edged sword.

A container clears the last leg of an intercontinental shipment and stops at a Western customs barrier. The Tier-1 Indian supplier met every delivery timeline and quality threshold.

In Intex Technologies India Ltd. v. Rugby Renergy Pvt. Ltd., 2024 SCC OnLine Del 1376, the Delhi High Court addressed the enforceability of commercial contracts where the consideration clause lacked clarity and certainty.

Let us do an exercise. You may not have bothered so far, so you could do it today. Have a look at the backside of your Drycleaner's slip for the garments you have given him for laundry or dry cleaning.

Recently, in the case of the State of Madhya Pradesh v. M/S Sew Construction Limited & Ors.1, the Supreme Court ("SC") has held that discretion holds no place in matters...

In a significant ruling of Jagtar Singh vs Gagan Gulati, the National Company Law Appellate Tribunal (NCLAT), Principal Branch, New Delhi reflected on an important question under the Insolvency and Bankruptcy Code.

On August 17, 2026, the Department of Telecommunications ("DoT") issued Circular no. 3/User Identification/2026 ("2026 Circular") to strengthen enforcement of the existing limits on mobile connections held by individual subscribers. Under the DoT instructions dated August 09, 2012, read with the reverification framework issued on December 07, 2021 ("2021 Instructions"), an individual may hold a maximum of nine mobile connections across all Telecom Service Providers ("TSPs") and Licensed Service Areas ("LSAs"), with a lower limit of six connections in Jammu & Kashmir, Assam and the North-East LSAs.

The Central Government has issued a notification on 27 October 2023 amending the Companies (Prospectus and Allotment of Securities)...

In another instance of the Indian judiciary's pro-arbitration approach, the Bombay High Court in a recent judgement enforced a SIAC award arising out of a dispute relating to a shareholder agreement.

The March 2025 edition of Fox & Mandal's newsletter examines the revamp of industry standards on KPI disclosures; standardisation of LODR disclosures; classification of homebuyers under buy-back schemes as allottees under RERA; RBI's framework for bond forward transactions in government securities; Draft regulations for a more precise assessment of predatory pricing; and other regulatory changes in India's corporate, capital markets, real estate, insolvency, anti-trust, and banking sectors.