ArticleRestrictions On Refinancing Eased For Select BorrowersThe RBI welcomed 2018 with a notification on 4 January reflecting the statement. IndiaFinance and BankingPhoenix Legal
ArticleRules Eased For Bank Units In Special Finance CentresThe 2015-16 budget announced the establishment of the Gujarat International Finance Tec-City and that appropriate regulations would be issued by the relevant regulators. IndiaFinance and BankingPhoenix Legal
ArticleTweaks To ECB Directions Helpful But Halfway MeasureECBs for on-lending for such purposes was also not permitted by the ECB directions. IndiaFinance and BankingPhoenix Legal
ArticleForeign Portfolio Investors: New Bond Rules A SurpriseThe foreign portfolio investor (FPI) frame¬work introduced in 2014 was welcomed as a prime example of regulatory streamlining. IndiaGovernment, Public SectorPhoenix Legal
ArticleStamp Duty Update – Stamp Duty Remission For Mega And Ultra Mega Parks Under The Maharashtra State Logistics Policy 2024.The government of Maharashtra, through its Revenue and Forests Department, has issued an order dated 17th October 2025 under the Maharashtra Stamp Act, 1958, granting 100% remission of stamp duty to 11 specified mega and ultra mega logistics parks as classified under the Maharashtra State Logistics Policy-2024.IndiaGovernment, Public SectorPhoenix Legal
ArticleFramework Harmonized For Resolution Of Stressed AssetsThe Reserve Bank of India (RBI) offers an array of mechanisms for dealing with stressed assets. IndiaInsolvency/Bankruptcy/Re-StructuringPhoenix Legal
ArticleNCLT Hyderabad Upholds Supreme Court's Stance Regarding Statutory Bodies Under The IBCThe National Company Law Tribunal, Hyderabad Bench ("NCLT") in the matter of M/s. Akash Electrotek Engineers Pvt. Ltd. v. M/s. NCC Limited and Anr...IndiaInsolvency/Bankruptcy/Re-StructuringPhoenix Legal
ArticleUPDATE: Director General Of Foreign Trade Issues Clarification On CHIMS RegistrationThe Ministry of Commerce & Industry through the Director General of Foreign Trade ("D.G. of Foreign Trade"), has vide its Policy Circular bearing No. 492015-2020 dated 27th June 2022...IndiaInternational LawPhoenix Legal
ArticleTCS On International Credit Card Spends – Taxing Times Ahead!Your overseas trips and shopping just got more expensive. The Government of India has amended the FEMA provisions to include all the international credit card spending in foreign currency...IndiaTaxPhoenix Legal
ArticleNBFCs Are Now Subject To Prompt Corrective ActionIn October 2021, the Reserve Bank of India (RBI) released a scale-based regulatory framework for non-banking financial companies (NBFC) to tackle systemic risks posed by the sector. IndiaCorporate/Commercial LawPhoenix Legal
ArticleGST Rate On Toys: Toy Industry Got An Electronic Shock!We all have enjoyed playing with different ‘Toys' during our childhood and they are popular with children even today. IndiaTaxPhoenix Legal
ArticleExplainer | Change In Domicile Status: Why Startups Are Returning HomeSetting up headquarters overseas was seen as a way to enhance startups' valuation and attract capital, particularly for initial public offers abroad.IndiaCorporate/Commercial LawPhoenix Legal
ArticleResolution Delayed Is...The Insolvency and Bankruptcy Board of India (IBBI) recently published a discussion paper aimed at reducing delays and improving the resolution value under the corporate insolvency resolution process...IndiaCorporate/Commercial LawPhoenix Legal
ArticleRBI Recasts Framework For Microfinance ProvidersMicrofinance regulation has previously focused on non-banking financial companies – microfinance institutions (NBFC – MFI), and not on other entities engaged in microfinance...IndiaFinance and BankingPhoenix Legal
ArticleJoint Petition Under IBC Not Maintainable If The Operational Creditors Do Not Fulfil The Threshold Of Rs. 1 Crore IndividuallyThe National Company Law Tribunal, Mumbai (NCLT), in the matter of Mr. Brajesh Mishra and Others vs. M/s Dolphin Offshore Shipping Ltd. held that a joint petition under Section 9...IndiaInsolvency/Bankruptcy/Re-StructuringPhoenix Legal
ArticleThe Supreme Court Clarified That The Insolvency And Bankruptcy Code Prevails Over The Customs ActIn the recent judgment of Sundaresh Bhatt, Liquidator of ABG Shipyard v. Central Board of Indirect Taxes and Customs, the Supreme Court observed that once the moratorium is introduced...IndiaInsolvency/Bankruptcy/Re-StructuringPhoenix Legal
ArticleSupreme Court Backs CCI In Two CasesSome notes on the Apex Court's judgment in a ‘penalty on tyre manufacturers' and ‘CCI has jurisdiction over lotteries'...IndiaLitigation, Mediation & ArbitrationPhoenix Legal
ArticleGovernment Gambles Heavily On Prohibiting Online Money GamingThe Promotion and Regulation of Online Gaming Act, 2025 (act) governs the fast-growing online gaming industry. It classifies online games as e-sports, online social games or online money games.IndiaMedia, Telecoms, IT, EntertainmentPhoenix Legal
ArticleBar On Payment Of Pre-Deposit By Debiting Electronic Credit Ledger (ECRL)The payment of the compulsory pre-deposit of 10% of the disputed amount of tax while filing an appeal under the tax regime has always been a much-debated issue. IndiaTaxPhoenix Legal
ArticleThe Carriage Of Goods By Sea Bill, 2024: A Landmark Reform For India's Maritime TradeThe recent passage of the Carriage of Goods by Sea Bill, 2024, by India's Lok Sabha marks a significant advancement in the nation's maritime legislative framework. IndiaTransportPhoenix Legal