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Clauses related to representations, warranties and indemnifications are widely negotiated clauses of commercial contracts especially in M&A transactions. The interests of the parties to a contract typically do not align with respect ...

Typically, in M&A transactions, buyers undertake due diligence on targets prior to consummation of the transaction, to identify and assess key legal risks involved in the transaction.

Novation has existed in Indian over the counter ("OTC") derivative markets for years, but as derivative volumes and market maker turnover grew, the absence of a comprehensive framework spanning asset classes became a genuine gap. In July 2025, the Reserve Bank of India ("RBI") released a draft titled "Reserve Bank of India (Novation of OTC Derivative Contracts) Directions, 2025", seeking to close this gap through a unified set of directions. After consultation with various stakeholders, RBI finalised the framework on 22 September 2026, but abandoned the standalone Directions format.

In the case of Cars24 Services Pvt. Ltd. vs Cyber Approach Workspace Lip, the Hon'ble High Court of Delhi has set forth an important legal principle in answering the question...

In a recent ruling , the Supreme Court examined whether a Letter of Intent (LOI), read together with tender documents containing an arbitration clause, was sufficient to constitute a concluded contract and a valid arbitration agreement under Section 7 of the Arbitration and Conciliation Act, 1996. The appeal arose from an order of the Bombay High Court appointing a sole arbitrator under Section 11 of the Act.

In the realm of commercial disputes, debates pertaining to awarding of interest remains constant. For every business that deals with contracts, clauses pertaining...

The Delhi State Consumer Disputes Redressal Commission has delivered in favour of a consumer M/s Samaran Media Consultants Pvt. Ltd. v. Mercedes-Benz India Pvt. Ltd. & Anr.

Further to our Ergo Updates in 5 March 2020, 12 March 2020, 13 March 2020, 16 March 2020 and 20 March 2020, we set out below latest regulatory updates in respect of COVID-19 outbreak.

It is well settled that frustration automatically brings the contract to an end at the time of the frustrating event.

For organising the distribution of goods in foreign countries, agency is the simplest form being used by many multinationals.

The Bureau of Indian Standards has released draft standards titled "E-commerce – Principles and Guidelines for Self-Governance"1 dated January 2025 (herein after referred to as the "Guidelines").

A promise is essentially an offer or a proposal, made by a person or an entity, towards another.

In the Unitech case, Cruz City had, by way of a shareholders agreement, entered into a joint venture with a subsidiary of Unitech (Burley) for the purpose of pursuing a real estate project in India.

How do you handle negotiations with a party which even you feel daunted about.

In PTC India Financial Services Limited v. Venkateswarlu Kari, 2022 SCC OnLine SC 608, India's Supreme Court has held that the law on enforcing a pledge of dematerialized shares is not distinct from that applicable to enforcing ...

Personal liability of a Company Secretary upon non-compliance of obligations towards the listed Company has come under question before the Securities Appellate Tribunal in the case of V Shankar v. SEBI ...

The Maharashtra Legislative Assembly has passed a bill introducing significant changes to stamp duty on financial and bank guarantees. The proposed amendment creates a new charging structure with differentiated rates based on transaction type and beneficiary, while offering relief from repetitive duty on renewals where guaranteed amounts remain unchanged.

Following through on India's commitment to align its regulatory framework with the recommendations of the Financial Action Task Force, to check the misuse of multi-layered corporate entities for money laundering ...