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  • Article

    Banking Circles Welcome Circular On Wilful Defaults

    The master circular on wilful defaulters issued by the Reserve Bank of India (RBI) defines a "wilful default" as occurring when: a "unit" defaults in its payment/repayment obligations to a lender...
    IndiaFinance and Banking
    Phoenix Legal
    Phoenix Legal
  • Article

    Effort Continues Against Stress In Banking System

    As part of its ongoing putsch against stress in the banking system, the Reserve Bank of India (RBI) issued guidelines on sale of stressed assets by banks on 1 September.
    IndiaFinance and Banking
    Phoenix Legal
    Phoenix Legal
  • Article

    Jury Out On Partial Credit Enhancements For NBFCs

    To reduce the burden on banks for financing infrastructure projects, and to promote the use of the corporate bond market for this purpose, the RBI permitted banks to provide partial credit enhancements to corporate bonds in 2015.
    IndiaFinance and Banking
    Phoenix Legal
    Phoenix Legal
  • Article

    Recent Measures A Fillip For Nascent Bond Market

    With ever increasing levels of non-performing assets (NPAs) in the banking system, the Reserve Bank of India (RBI) has been seeking ways to reduce the burden of providing credit on banks.
    IndiaFinance and Banking
    Phoenix Legal
    Phoenix Legal
  • Article

    Revised ECB Regulations: Old Wine In New Bottle

    The RBI issued further directions on 16 January.
    IndiaFinance and Banking
    Phoenix Legal
    Phoenix Legal
  • Article

    Rupee Denominated Bonds: A Major Shift With Potential

    Quite without warning, the Reserve Bank of India (RBI) notified the framework for issuance of rupee denominated bonds under the overall external commercial borrowing (ECB) framework on 29 September.
    IndiaFinance and Banking
    Phoenix Legal
    Phoenix Legal
  • Article

    Arbitrations With The State: Time Is Of The Essence!

    The dispute between the Union of India through the Indian Railways and the Respondent arose in relation to the performance of a contract for construction of a rail bridge across the River Ganga near Digha Ghat, Patna.
    IndiaGovernment, Public Sector
    Phoenix Legal
    Phoenix Legal
  • Article

    Budget: No ‘Big Bang’ But Progress For Financial Sector

    With the growing integration of India into the global economy and with the sheer size of the Indian economy, the country’s budget speech has become a keenly anticipated event.
    IndiaGovernment, Public Sector
    Phoenix Legal
    Phoenix Legal
  • Article

    Arbitration Agreement Enforceable By Or Against Legal Heirs: Calcutta High Court

    The Calcutta High Court (High Court), in the recent case of Dr. Papiya Mukherjee v. Aruna Banerjea & Anr., has held that an arbitration agreement will not be discharged...
    IndiaLitigation, Mediation & Arbitration
    Phoenix Legal
    Phoenix Legal
  • Article

    Courtroom: No Pedente Lite Interest

    In a recent case, the question before the Supreme Court was whether interest could be levied during the pendency of a litigation...
    IndiaLitigation, Mediation & Arbitration
    Phoenix Legal
    Phoenix Legal
  • Article

    Drawing The Line: Supreme Court Reaffirms The Administrative Role Of Sub-Registrars In K Gopi v. Sub-Registrar

    In a recent and significant decision, the Hon'ble Supreme Court of India in K Gopi v. The Sub-Registrar & Others [Civil Appeal No. 3954 of 2025], delivered by Justice Abhay S. Oka, has decisively clarified the scope of authority vested in Sub-Registrars under the Registration Act, 1908.
    IndiaLitigation, Mediation & Arbitration
    Phoenix Legal
    Phoenix Legal
  • Article

    Modification Of Arbitral Awards: Supreme Court Reiterates No Interference Approach

    In the recent decision of The Project Director, NHAI v. M. Hakeem and Anr., the Hon'ble Supreme Court held that a court is not empowered to modify an award under Section 34 of the Arbitration and Conciliation Act, 1996.
    IndiaLitigation, Mediation & Arbitration
    Phoenix Legal
    Phoenix Legal
  • Article

    Suo Motu Order Extending Limitation Restored By Supreme Court Of India: Period From 15.03.2020 Till 28.02.2022 Excluded

    In a recent order passed in Re: Cognizance for Extension of Limitation the Hon'ble Supreme Court has restored the order extending limitation period for filing of cases and applications in courts and tribunals.
    IndiaLitigation, Mediation & Arbitration
    Phoenix Legal
    Phoenix Legal
  • Article

    Supreme Court's Directions For Ensuring Speedy Justice

    A Two-Judge Bench of the Supreme Court of India, in the case of Yashpal Jain vs. Sushila Devi & Ors, recognized the significant delays within the judicial system and emphasized the importance of taking proactive measures.
    IndiaLitigation, Mediation & Arbitration
    Phoenix Legal
    Phoenix Legal
  • Article

    Bombay High Court Clarifies The Meaning Of ‘Inherited Tenancy Rights' Under The 1947 Rent Control Act

    The Bombay High Court in a recent decision had the occasion to interpret the provisions governing inherited tenancy rights under the Bombay Rents, Hotel and Lodging House Rates Control Act, 1947 in the context of ...
    IndiaReal Estate and Construction
    Phoenix Legal
    Phoenix Legal
  • Article

    India Liberalises Foreign Ownership Caps In Indian Stock Exchanges

    Foreign investment, comprising, amongst others, foreign direct investment (FDI) and portfolio investment, in India is regulated by the (Indian) Foreign Exchange Management Act, 1999.
    IndiaFinance and Banking
    Phoenix Legal
    Phoenix Legal
  • Article

    Untying The Knots In The Automated Incorporation Process

    Incorporation of a company earlier involved a two-stage process where at the first stage, the name of the proposed company was approved and then using that name, the company could be set up.
    IndiaGovernment, Public Sector
    Phoenix Legal
    Phoenix Legal
  • Article

    Policy 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 Resources
    Phoenix Legal
    Phoenix Legal
  • Article

    A New Climate For Regulating Financial Risk

    In 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".
    IndiaEnvironment
    Phoenix Legal
    Phoenix Legal
  • Article

    A Registered Secured Creditor Has Priority Over Government Dues Under The SARFAESI Act: Bombay High Court

    In a recent judgment, Indian Overseas Bank vs. Deputy Commissioner of State Tax & Ors. , the High Court of Bombay (Court), interpreted Section 26-E...
    IndiaTax
    Phoenix Legal
    Phoenix Legal

Showing 81–100 of 507 results

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