Khaitan & Co advised Reliance Nippon Life Asset Management Limited in connection with subscription to the first of its kind secured, listed, rated, redeemable, non-convertible debt securities, ...

By a circular dated 1 January 2015, the Reserve Bank of India has permitted Authorised Dealer Category-I banks to allow the creation of (i) charges on immovable and movable assets, (ii) charges over financial securities and (iii) issue of corporate or personal guarantees in favour of overseas lenders to secure External Commercial Borrowings (ECB) raised by borrowers.

The Department of Industrial Policy & Promotion vide press note no. 4(2016 series) dated 6th May, 2016 amended paragraphs 6.2.18.1 and 6.2.18.2of "Consolidated FDI Policy Circular of 2015" with regard to the Foreign Investment in the sector of Asset Reconstruction Companies (ARC).

The Insolvency and Bankruptcy Code ("IBC") Bill has been passed by both the Houses of Parliament and has received the assent of the President on May 28, 2016.

With the increasing growth and development witnessed in recent times, India is becoming an industrious country, reaching greater heights of business operations.

Factoring is considered an important source of short-term and working capital financing for micro, small and medium enterprises.It enables them to obtain upfront credit for invoices raised, without over-leveraging balance sheets.

The Act, primarily enacted to establish a mechanism for enquiry into allegations of corruption against public functionaries, also seeks to regulate private entities.

A Company raises funds by issue of shares, debentures, taking loans from banks and financial institution.

Recently in the case of Standard Chartered Bank v. Deputy Director, Directorate of Enforcement, the Appellate Tribunal, Prevention of Money Laundering Act, New Delhi has clarified the anomaly...

Another well received proposal would allow listing of security receipts issued by trusts established by asset reconstruction companies for resolving NPAs.

As part of its ongoing putsch against stress in the banking system, the Reserve Bank of India (RBI) issued guidelines on sale of stressed assets by banks on 1 September.

With ever increasing levels of non-performing assets (NPAs) in the banking system, the Reserve Bank of India (RBI) has been seeking ways to reduce the burden of providing credit on banks.

The Bombay High Court's decision in Aditya Birla Housing Finance Ltd. v. Axis Bank Ltd. examines whether statutory arbitration under Section 11 of the SARFAESI Act can be invoked between an existing secured creditor and a financial...

In the matter of Indiabulls Housing Finance Limited v. Deccan Chronicle Holdings Limited & Ors., 2018(2)Bom.C.R. 739, the apex court addressed the issues of whether the provisions of the SARFAESI Act 202 ...

NMP focuses on increasing the significance of brownfield assets by involving the private sector, transferring income rights rather than ownership of the projects to them

The Lokpal and Lokayuktas Act, 2013 was enacted essentially to provide for the establishment of Lokpal for the Union and Lokayuktas for states, to inquire into allegations of corruption against certain public functionaries and for matters connected therewith or incidental thereto.

Taxability of non-compete fee has been a bone of contention in several acquisitions. Prior to 2003, the Income-Tax Act ("Act") did not provide for taxing of non-compete fee,

Aircraft leasing has emerged as the dominant mode of fleet acquisition in the global aviation industry, enabling airlines to access aircraft without committing significant capital to outright ownership.

The continued imposition of economic sanctions against Russia by the United States and its close allies has added an additional layer of complexity to the Ukrainian military conflict.

Indian Legal system encompasses varied legal provisions for recovery of debts by the Banks and Financial Institutions as follows :-