The Insurance Regulatory and Development Authority of India ("IRDAI") has, by way of a circular dated 18 May, 2015, issued the IRDAI (Transfer of Equity Shares of Insurance Companies) Regulations, 2015...

In an interesting decision , the Supreme Court of India ("Supreme Court") reaffirmed the principle of judicial non-intervention over arbitral awards...

On 17 January 2020, India paved way for the execution of decrees and judgments passed by certain UAE courts in India.

The Supreme Court in its recent judgement of 'Uttar Pradesh Power Transmission Corporation Ltd. v. CG Power and Industrial Solutions Ltd. & Anr.

The Supreme Court recently split open another issue that was previously considered settled – the enforceability of an arbitration agreement incorporated in an unstamped contract.

The Digital Personal Data Protection Act, 2023 ("DPDPA" or the "Act") is a landmark legislation enacted to safeguard the personal and sensitive data of individuals in India.

The Act has given a go-by to the provisions under the Income Tax Act, 1961 which enabled the tax authorities to impose retrospective capital gains tax on foreign entities selling their shares in India

Under GST law, different state branches/ units, have their own GST registration and are referred to as "distinct persons".

Set out below is a summary of key tax proposals announced in the Union Budget 2022.

In a recent decision of the High Court of Madras in R. Narayanan v. The Government of Tamil Nadu and Ors.

The borrower (Respondent No. 4) originally availed a loan from Citi Financial Consumer Finance (Citi Financial), an NBFC, and mortgaged a flat with Citi Financial in order to secure repayment of the loan.

To meet the standards of other mature global jurisdictions, India's insolvency regime has a long way to go.

A complaint was instituted before the SDRC which allowed the claim of the Insured.

In a recent decision, the Supreme Court of India clarified the position on multiplicity of proceedings with respect to patent cases.

The Hon'ble Supreme Court in its recent judgment in Indus Biotech Private Limited v. Kotak India Venture (Offshore) Fund (earlier known as Kotak India Venture Limited) & Ors. settled the debate around the arbitrability of disputes ...

In its recent decision of Sandeep Khaitan, Resolution Professional for National Plywood Industries Ltd. v. JVSM Plywood Industries Ltd., the Supreme Court ruled that the inherent...

The Reserve Bank of India (RBI) recently issued Draft Master Directions on the Treatment of Wilful Defaulters and Large Defaulters dated September 21, 2023 (Draft Directions) for comments.

The National Company Law Appellate Tribunal (NCLAT) in a recent judgment held that after the resolution plan has been approved by the committee of creditors (CoC), the CoC cannot substitute the successful resolution applicant with another resolution applicant who was not a part of the corporate insolvency resolution process (CIRP).

The Calcutta High Court ("Court") in the recent judgment of West Bengal Housing Board v. M/s. Abhishek Construction , rejected the challenge to the arbitral award filed under Section 34...

This unprecedented action has catalysed discussions on the emergence of a potential fifth stage of judicial intervention in arbitral awards.