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  • Article

    Third Amendment To FEMA NDI Rules

    The FEMA (Non-Debt Instrument) Rules, 2019 (NDI Rules), notified by the Central Government on October 17, 2019, were recently amended further.
    IndiaGovernment, Public Sector
    HSA Advocates
    HSA Advocates
  • Article

    Restructuring & Insolvency Monthly Update | June 2023

    The Ministry of Corporate Affairs (MCA) vide Notification dated May 15, 2023 revised the procedure governing the issuance of notice of a scheme of merger or amalgamation calling for objections or suggestions...
    IndiaInsolvency/Bankruptcy/Re-Structuring
    HSA Advocates
    HSA Advocates
  • Article

    Availability Of Alternative Remedy Does Not Prohibit HC From Entertaining A Writ Petition

    This ruling puts to rest the issue as to exigibility of projects to cess under BOCW and Cess Act. There are number of proceedings initiated by the Labor Department to levy cess on the EPC companies...
    IndiaLitigation, Mediation & Arbitration
    HSA Advocates
    HSA Advocates
  • Article

    Dispute Resolution & Arbitration Monthly Update | January 2022

    Writ Petition (L) No. 17132 of 2021 | Mumbai Port Trust was represented by HSA team comprising of Rahul Jain, Associate Counsel and Aasiya Khan, Associate from the Firm's Mumbai office.
    IndiaLitigation, Mediation & Arbitration
    HSA Advocates
    HSA Advocates
  • Article

    HSA | Dispute Resolution & Arbitration Monthly Update | February 2024

    A contract was awarded by Ircon International Ltd, Delhi (Respondent) to Allied-Dynamic Joint Venture (Petitioner) on October 25, 2010, for various work (Project).
    IndiaLitigation, Mediation & Arbitration
    HSA Advocates
    HSA Advocates
  • Article

    ICC Arbitration Rules 2021

    The Revised Rules of Arbitration (2021 Rules), which were proposed in December 2020 by the International Chamber of Commerce (ICC), prospectively come into force on January 1, 2021.
    IndiaLitigation, Mediation & Arbitration
    HSA Advocates
    HSA Advocates
  • Article

    Supreme Court Allows Input Tax Credit As Pre-Deposit For GST Appeal

    In a landmark ruling on indirect taxation, the Supreme Court has clarified that the mandatory 10% pre-deposit required for filing an appeal under Section 107(6) of the Central Goods and Services Tax Act...
    IndiaTax
    HSA Advocates
    HSA Advocates
  • Article

    Bombay High Court's Recent Directive To The Maharashtra Government: ULC Premium To Be Charged Only On Surplus Land

    he Urban Land (Ceiling and Regulation) Act, 1976 (ULC) was initially introduced with the aim of promoting an equitable distribution of land. However, this was subsequently...
    IndiaStrategy
    HSA Advocates
    HSA Advocates
  • Article

    India Update | Volume 4 Of 2020

    Q3 2020 witnessed 173 Private equity (PE) investments worth USD 7.5 billion...
    IndiaCorporate/Commercial Law
    HSA Advocates
    HSA Advocates
  • Article

    Projects, Energy & Infrastructure Monthly Newsletter April 2023

    The Central Electricity Regulatory Commission (CERC) has notified the first amendment to the Central Electricity Regulatory Commission (Connectivity and General Network Access...
    IndiaEnergy and Natural Resources
    HSA Advocates
    HSA Advocates
  • Article

    Projects, Energy & Infrastructure Monthly Newsletter | March 2024

    Delhi Electricity Regulatory Commission (DERC) on January 19, 2024, notified the DERC (Conduct of Business for Holding Inquiry by Adjudicating Officer) Regulations...
    IndiaEnergy and Natural Resources
    HSA Advocates
    HSA Advocates
  • Article

    Govt Has Kept The Promise On Roads And Highways But Sector Needs More Funds

    A priority target of the Union Budget of 2016-17 was to accelerate the growth of the highways segment, considering that the road sector has been ailing for the last lustrum and beyond.
    IndiaGovernment, Public Sector
    HSA Advocates
    HSA Advocates
  • Article

    Balance Sheets Can Amount To Acknowledgement Of Debt

    SC vide judgment dated April 15, 2021 in the matter of Asset Reconstruction Company (India) Ltd v. Bishal Jaiswal & Anr. decided a crucial question of law pertaining to whether entries...
    IndiaInsolvency/Bankruptcy/Re-Structuring
    HSA Advocates
    HSA Advocates
  • Article

    Commercial Wisdom Of Committee Of Creditors

    As per provisions of the Insolvency and Bankruptcy Code, 2016 (IBC or Code), in case of any defaults in paying a debt, financial and other creditors of Corporate Debtor or the Corporate Debtor itself ...
    IndiaInsolvency/Bankruptcy/Re-Structuring
    HSA Advocates
    HSA Advocates
  • Article

    Restructuring & Insolvency Monthly Newsletter | August 2021

    In exercise of powers conferred by Clause (t) of Sub-Section (1) of Section 196 read with Section 240 of the Insolvency and Bankruptcy Code, 2016 (IBC), the Insolvency and Bankruptcy Board of India...
    IndiaInsolvency/Bankruptcy/Re-Structuring
    HSA Advocates
    HSA Advocates
  • Article

    Restructuring & Insolvency Monthly Update | February 2023

    Rajesh Landmark Projects Pvt Ltd (Corporate Debtor/Appellant) had issued debentures to IREP Credit Capital Pvt Ltd (Financial Creditor). On December 20, 2019, a Petition under Section 7...
    IndiaInsolvency/Bankruptcy/Re-Structuring
    HSA Advocates
    HSA Advocates
  • Article

    Dispute Resolution & Arbitration Monthly Newsletter I September 2021

    Based on an erroneous interpretation of Section 28 of the Indian Contract Act, 1872 (Contract Act), Punjab National Bank (PNB/Respondent No. 1) forced a mandatory and unalterable claim period...
    IndiaLitigation, Mediation & Arbitration
    HSA Advocates
    HSA Advocates
  • Article

    Dispute Resolution & Arbitration Monthly Update | April 2022

    A Collaboration Agreement was executed between Universal Petro Chemicals Ltd (Appellant) and Aral Lubricants, a German company (Respondent No. 3), under which the Appellant was required to manufacture...
    IndiaLitigation, Mediation & Arbitration
    HSA Advocates
    HSA Advocates
  • Article

    SIAC Rules 2025 – Bringing Clarity And Efficiency To Procedure

    The Singapore International Arbitration Centre [‘SIAC'] published 7th edition of SIAC Rules [‘SIAC Rules 2025'] on 01 January 2025.
    IndiaLitigation, Mediation & Arbitration
    HSA Advocates
    HSA Advocates
  • Article

    Dispute Resolution & Arbitration Monthly Update | March 2022

    Civil Appeal Nos. 837-838 of 2022 [Arising out of Special Leave Petition (Civil) Nos.35970-71 of 2016]...
    IndiaReal Estate and Construction
    HSA Advocates
    HSA Advocates

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