In a recent judgment , upholding the order passed by the NCLT and settling previous uncertainties, the Supreme Court of India ("Supreme Court"), held that an arbitration petition is not maintainable...

The Punjab and Haryana HC in Sterile India Pvt. Ltd vs. UOI, held that the intention to evade tax is not required to be established for the purpose of Section 129 of Central Goods and Services Tax Act, 2017 ("CGST Act").

The Supreme Court ("SC") in the recent judgment of K. Paramasivam v. The Karur Vysya Bank Ltd. & Anr., held that a CIRP can be initiated against a corporate guarantor, even if the principal borrower is not a ‘corporate person'.

The Electricity Act, 2003 ("Act") defines 'captive generating plant' as a power plant set up by any person to generate electricity primarily for his own use and includes a power plant set up...

Unlike jurisdictions such as Singapore, India did not (until very recently) have differentiated licensing for banks, i.e. granting licences for conducting a specific line of banking business.

Proceedings that have severe implications for the accused a a norm should come with a minimum degree of transparency; critics argue that PMLA misses such minimum thresholds...

From an investor's standpoint, a robust and effective bankruptcy regime is a prerequisite for the development of the corporate debt market.

The Supreme Court of India in the recent judgment of Ajay Kumar Radheyshyam Goenka v. Tourism Finance Corporation of India Ltd., dismissed the appeals aimed to contest the proceedings filed by the lender under Section 138 ...

The Hon'ble Supreme Court in a recent judgment in Sheth M L Vaduwala Eye Hospital v. Oriental Insurance Company Limited and Ors. held that a hospital could not claim to be indemnified under an insurance issued ...

Owing to a lack of majority of the ruling party in the Upper House, the Ordinance is unlikely to be approved by the Upper House unless the ruling party successfully mobilises its support.

We know that if a judgment debtor does not voluntarily satisfy a decree or award, the decree holder is compelled to initiate execution proceedings.

Ola Electric may be staring at a class action suit if the consumer rights regulator is not satisfied with the electric vehicle manufacturer's response to its show-cause notice.

The High Court turned down the Appellant's objection holding that the central management and control of the Respondents' distributorship was in India.

Most often, the decree holder is left running pillar to post to enjoy the fruits of ‘success', defeating the very purpose of the rigorous litigation the parties engaged in to bring their disputes to closure...

India has been attracting tourists for medical treatment in large numbers.

India has the fifth largest railway network in the world where the Ministry of Railways, Government of India (MOR) manages and operates trains on the Indian Railway (IR) network.

In a recent decision in A2Z Infraservices Ltd. v. North Delhi Municipal Corporation, the High Court of Delhi ("High Court") has held that the World Bank is not a Government Agency.

n a recent decision in Cox and Kings vs SAP India, the Supreme Court, after undertaking a detailed review of the evolution of jurisprudential position on the ‘group of companies...

The Supreme Court by a significant judgment on 10 April 2019 , clarified that the power of the court to impound an unstamped document containing an arbitration clause...

A serious debate over the setting up of a data privacy law has been doing the rounds for more than half a decade now.