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Housing finance companies (HFCs) have traditionally occupied a staid corner of the financial sector, providing loans to homeowners and for the development of the housing industry.

The updates examine the Supreme Court’s approach to environmental restrictions in the Taj Trapezium Zone, the continued responsibility of developers to honour contractual possession commitments despite regulatory extensions, the availability of specific performance where contracts provide for a refund, and the evolving insolvency jurisprudence strengthening protections available to homebuyers.

Provisions of section 68 of the Act reads as under:

It was set-up by John D. Rockefeller to manage his family's business and philanthropic pursuits, but now advises multiple families, including the illustrious Rothschilds.

Union Budget 2023-24, unveiled by India's Finance Minister Nirmala Sitharaman on February 1, 2023, has brought about several changes to India's GST regime. A brief summation of the important changes is as follows:

Senior Partner Safir Anand and Lead Managing Associate Ritu Bhargava, explain to Aditya Rangroo of India Business Law Journal (IBLJ) why India's best startups have chosen foreign shores and whether it's possible to stem...

Recently, the Finance Act, 2020 (FA 2020) has made changes to determination of tax residence of individuals under the Indian Income-tax Act, 1961

AK and Partners organized a Digital Lending Roundtable with speakers from across the globe on April 30, 2021.

On 2 June 2023, the Reserve Bank of India issued the draft Master Directions on Cyber Resilience and Digital Security Control for Payment System Operators (Draft Directions)...

The Securities and Exchange Board of India ("SEBI") vide its circular dated 07.04.2026 ("SEBI Observations Circular") has granted a one-time relaxation with respect to the validity of SEBI observation letters issued under the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 ("ICDR Regulations").

With a view to streamline the process and reduce the time taken for rights issues undertaken by listed companies, the Securities and Exchange Board of India in its board meeting held on 20 November 2019, ...

This week on Lexpresso, we decode RBI's ₹2.69 lakh crore surplus transfer, Flipkart's move into NBFC lending, and IFSCA's tightening of AML/KYC norms.

In a major move, SEBI has decided to temporarily restrict Alternate Investment Funds (AIFs) schemes which have adopted priority distribution model among investors from accepting any fresh commitment...

An ‘Acknowledgement' of liability not only saves limitation period but also confers on an individual a ‘cause of action' to him, to lay his claim.

The format shall be applicable for funds raised by listed entities through public issue, rights issue, preferential issue, QIPs etc

In a long-awaited move, the Reserve Bank of India (RBI) recently released its guidelines for the regulation of payment aggregators and gateways.

The Bombay High Court in a recent case of Jaiprakash Kulkarni & Anr v the Banking Ombudsman & Ors has directed the Bank of Baroda to refund an amount of Rs 76.9 Lakh, which was fraudulently debited from the customer's account with an interest of 6% per annum.

The Central Board of Direct Taxes (CBDT) has granted a much-awaited wish of investors and fund managers mulling over at starting operations in International Financial Services Centre