ArticleVoluntary Retention Route: A Halfway Measure?All FPI investors registered with SEBI are eligible to participate in VRR. Investments under VRR are in addition to the limits prescribed for debt investments. IndiaCorporate/Commercial LawPhoenix Legal
ArticlePolicy Vs. Practice: Are India's Distributed Solar Goals On Track?As India celebrates surpassing 200GW of renewable energy, with solar power leading the way at 97.86GW, our Partner, Pallavi Bedi, shares her expert analysis. IndiaEnergy and Natural ResourcesPhoenix Legal
ArticleA New Climate For Regulating Financial RiskIn its February 2024 statement on developmental and regulatory policies, the Reserve Bank of India (RBI) explicitly recognised that "climate change can translate into climate-related financial risks".IndiaEnvironmentPhoenix Legal
ArticleIs Strategic Restructuring Of Debt The Answer For Banks?To reduce the stress on banks due to non-performing assets, troubled accounts and burgeoning restructurings, the Reserve Bank of India has introduced measures over the past 18 months. IndiaFinance and BankingPhoenix Legal
ArticleNew Framework To Combat Frauds: A Good Follow-UpOne of the villains in the Indian growth story is the poor state of capitalization of India's public sector banks (PSBs). IndiaFinance and BankingPhoenix Legal
ArticleBudget 2022: Bringing India On The Gatishakti Grid – The Need Of The Hour?The onset of COVID-19 pandemic had brought global economic activities to a sudden halt. India was no exception to this phenomenon. IndiaGovernment, Public SectorPhoenix Legal
ArticleForeign Direct Investment In IndiaThe condition on the investee company to bring minimum FDI of USD 5 million within 6 months of commencement of the project has been removed. IndiaGovernment, Public SectorPhoenix Legal
ArticleCommencement Of A New Era Of Corporate Insolvency Resolution- The Insolvency And Bankruptcy Code, 2016 Close To Being Fully ImplementedWith the fast paced release of notifications and rules one after the other in the last quarter of 2016, much of the Insolvency and Bankruptcy Code...IndiaInsolvency/Bankruptcy/Re-StructuringPhoenix Legal
ArticlePersonal Guarantor Insolvency Provisions Of IBC Under ChallengeIt has also been reported that Mr. Anil Ambani has challenged the validity of these provisions of the IBC which relate to personal guarantee and bankruptcy.IndiaInsolvency/Bankruptcy/Re-StructuringPhoenix Legal
ArticleArbitral Tribunal Not Empowered To Pass Ex-Parte Ad-Interim Order: High Court Of BombayIn a recent decision in Godrej Properties Ltd. v. Goldbricks Infrastructure Pvt. Ltd., the High Court of Bombay held that an ex-parte ad-interim order could not be passed by an arbitral tribunal without providing sufficient notice, ...IndiaLitigation, Mediation & ArbitrationPhoenix Legal
ArticleIdentification Record: Protecting The Rights Of Those Under InvestigationAs a new Act gives the state more power to collect identity measurements, including biological samples, during a criminal investigation, experts call for safeguards against its potential abuse... IndiaLitigation, Mediation & ArbitrationPhoenix Legal
ArticleStamping Of Arbitration Agreement: A Never-Ending Debate?The High Court of Delhi (High Court), in the recent case of Religare Finvest Ltd. v. Asian Satellite Broadcast Pvt. Ltd., has held that the sufficiency of the stamp duty on the arbitration agreement...IndiaLitigation, Mediation & ArbitrationPhoenix Legal
ArticleSupreme Court Excludes Bar Of Limitation As A Preliminary Issue Under Section 9A Of The CPCIn an important ruling last year , the Supreme Court of India ("Supreme Court") held that a question of limitation cannot be decided as a preliminary issue under Section 9A of the Code of Civil Procedure, 1908.IndiaLitigation, Mediation & ArbitrationPhoenix Legal
ArticleTerms Of The Arbitration Agreement Cannot Over-Ride The Provisions Of The Limitation ActA single bench of the Delhi High Court ("Court") in the matter between Municipal Corporation of Delhi v. Natraj Construction Company, while dealing...IndiaLitigation, Mediation & ArbitrationPhoenix Legal
ArticleThe Supreme Court Upholds The Consumers Choice And Decides On The Admissibility Of Consumer Disputes In ArbitrationThe Supreme Court, in a recent judgment was tasked with considering...IndiaLitigation, Mediation & ArbitrationPhoenix Legal
ArticleA Registered Secured Creditor Has Priority Over Government Dues Under The SARFAESI Act: Bombay High CourtIn a recent judgment, Indian Overseas Bank vs. Deputy Commissioner of State Tax & Ors. , the High Court of Bombay (Court), interpreted Section 26-E...IndiaTaxPhoenix Legal
ArticleClarification On The Scope Of ‘Intermediary Services' – Are We Clear Yet!!Since the time the concept of ‘Intermediary' was introduced in the service tax law, the issue as to who is an ‘intermediary' has been discussed extensively by the industry, interpreted and analysed...IndiaTaxPhoenix Legal
ArticleNeed To Relook At 'Secondment Arrangements' Triggered By SC DecisionMultinational companies often share their talent pool across borders and jurisdictions to achieve various objectives. Most common purposes are to supervise the quality, procurement or delivery...IndiaTaxPhoenix Legal
ArticleSISYPHUS REVISITED: Passage Of The GST Bill The First Step Or Just Another Flash In The Pan?Having castigated successive governments for policy paralysis and generally deriding the Indian democratic polity as being beset with problems of bureaucratic red tape...IndiaTaxPhoenix Legal
ArticleTaxability Of Secondment Arrangements – SC Decision In Northern Operating SystemsMultinational companies often share their talent pool across borders and jurisdictions to achieve various objectives. IndiaTaxPhoenix Legal