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Union Budget 2025
In this update we have highlighted the key changes made to the indirect tax regime in the Union Budget presented by the Hon'ble Finance Minister on February 1, 2025.
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COVID-19: Relaxations Announced By RBI
In view of the outbreak of the COVID-19 pandemic, various governmental authorities have granted several relaxations from regulatory compliances.Argus Partners - Article
SEBI's Latest Informal Guidance On Angel Funds And Its Implications For The Broader Alternative Fund Industry
On September 17, 2020, the Securities and Exchange Board of India ("SEBI") issued an informal guidance to Lets Venture Advisors LLP, manager to LV Angel Fund.Argus Partners - Article
Non-Signatory Can Be Included In Arbitration Proceedings If There Is A Contractual Relationship That Makes The Non-signatory Wholly Or Partially Responsible For Obligations Towards The Claimants
The Delhi High Court ("Delhi HC") in RBCL Piletch Infra v. Bholasingh Jaiprakash Construction Limited, (ARB. P. 1108/2023, judgement dated July 22, 2024) has held that a non-signatory...Argus Partners - Article
SEBI: Consultation Paper On Review Of Regulation 17(a) Of SEBI (Alternative Investment Funds) Regulations, 2012
On February 7, 2025, the Securities and Exchange Board of India ("SEBI") has published a consultation paper ("Consultation Paper") proposing to expand the requirement for Category II...Argus Partners - Article
Supreme Court: Agent Status Determines Principal Employer Liability Under ESI Act - Designation Irrelevant
On April 17, 2025, the Supreme Court of India ("Court") in Ajay Raj Shetty v. Director (Special Leave Petition (Criminal) No. 3743 of 2024), upheld the conviction of the general manager of Messrs.Argus Partners - Article
MP High Court: Gratuity Claims Cannot Be Defeated By Limitation Periods Or Due To Non-filing Of A Prior Application By An Employee
On April 15, 2025, the Madhya Pradesh High Court ("Court") in Little World Higher Secondary School v. The State of Madhya Pradesh (Writ Appeal No. 563 to 572 of 2023)...Argus Partners - Article
IBC - NCLAT Fornightly Summary (August 1, 2023 – August 15, 2023)
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal, under the Insolvency and Bankruptcy Code, 2016, ...Argus Partners - Article
IBC - NCLAT Fortnightly Summary (April 1, 2023 – April 15, 2023)
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016 ("Code"), during the period...Argus Partners - Article
IBC - NCLAT Fortnightly Summary (August 16, 2023 – August 31, 2023)
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016 ("Code")...Argus Partners - Article
NCLAT: Application Under Section 9 Of IBC Cannot Be Filed For Recovery
On September 10, 2024, the National Company Law Appellate Tribunal ("NCLAT") in M/s Agarwal Foundries Private Limited v. POSCO E&C India Private Limited, [Company Appeal (AT) (Insolvency) No. 1492 of 2024]...Argus Partners - Article
IBC - NCLAT Fortnightly Summary (September 1 - September 15, 2023)
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016 ("Code")...Argus Partners - Article
Supreme Court: Forfeiture Of Advance Payments As Earnest Money Requires Clear And Explicit Contract Terms
Whilst delving into the validity of forfeiture of "advance money" advanced by the purchaser as part-payment towards sale of property, the Supreme Court in K.R. Suresh v. R. Poornima...Argus Partners - Article
Supreme Court Of India Settles The Debate On Effect Of Non-Stamping/Inadequate Stamping Of Arbitration Agreements
The Court settled the question of the effect of arbitration agreements in non-stamped or inadequate stamped underlying instruments.Argus Partners - Article
Bombay HC: Invocation Of 'Fall Clause' In Railway Contracts
The Single Bench of the Bombay High Court in the case of Union of India through PCMM Central Railway v. Emami Agrotech Limited, [Arbitration Petition No. 458 of 2021]...Argus Partners - Article
Earned, Not Forfeited: Bombay High Court Declines To Interfere With Award Enforcing Vested Equity Entitlement
Argus Partners maintains offices in three major Indian cities: Mumbai, New Delhi, and Bengaluru. The firm provides legal services while adhering to Bar Council of India regulations that prohibit solicitation and advertising, requiring visitors to acknowledge specific disclaimers before accessing information.Argus Partners - Article
SEBI's Proposed Amendments To The Present RPT Framework Under The LODR Regulations
To promote ease of doing business, in its consultation paper ("Consultation Paper") published on August 4, 2025, the Securities and Exchange Board of India ("SEBI") has inter alia proposed...Argus Partners - Article
Madras High Court - Dismissal By Revocation Of Smart Card Access Held Illegal: Cognizant Technology Solutions India Private Limited v. Joint Commissioner Of Labour
Argus Partners presents its office locations and legal disclaimer, outlining the Bar Council of India's restrictions on advocate solicitation and advertising.Argus Partners - Article
IBC - NCLAT Fortnightly Summary (March 1 – March 15, 2025)
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016...Argus Partners - Article
Specific Performance Of An Agreement To Sell Cannot Be Sought By A Buyer Who Failed To Adhere To The Timeline Provided For Payment Under The Agreement To Sell
On January 10, 2024, the Supreme Court of India in the case of, Alagammal v. Ganesan, held that specific performance of an agreement to sell cannot be sought by a buyer ...Argus Partners