Last month, the Reserve Bank of India (the "RBI") released a draft Master Direction (the "Draft Direction") proposing revisions to the Master Circular released...

In the case of Concentrix CVG Customer Management Group, Inc. v. Deputy Commissioner of Income Tax (ITA No. 7727/Del/2017 & Ors., order dated September 30, 2025), the Income Tax Appellate Tribunal, Delhi, ruled that Concentrix CVG Customer Management Group, Inc., ...

In a recent ruling, the Gujarat High Court (the "GHC") has dealt with five different issues under the Gujarat Stamp Act, 1958 (the "GSA")...

Recently, the University Grants Commission (the "UGC") has published the Draft University Grants Commission (Setting up and Operation of Campuses of Foreign Higher Educational Institutions in India) ...

In addition, every company is required to formulate whistleblower policies and policies to conduct inquiries into leaks of UPSI.

In response, the respondents argued that inserting an adjudicatory stage at the time of the RP's appointment in an IRP would hinder its time-bound nature.

The Securities and Exchange Board of India has, recently, approved amendments to the SEBI (Issue Capital and Disclosure Requirements) Regulations, 2018, and has mandated that …

M&A activity worldwide has seen a year-on-year rise due to a myriad of factors, including, relaxed regulatory scrutiny, reduced operating costs, and beneficial tax regimes.

In Unibros v. All India Radio, India's Supreme Court set aside an arbitral award that allowed a claim for damages without any proof of the claimant having suffered injury...

On January 2, 2023, the Ministry of Electronics and Information Technology, Government of India ("MeitY") invited comments from the public on a host of proposed amendments to the IT...

In a recent ruling, the Mumbai Bench of the Income-tax Appellate Tribunal (the "Tribunal") has held that commission income earned by a non-resident distributor of mutual fund schemes of an Indian company cannot be taxed in India...

Last month, the Constitutional Bench of the Supreme Court (SC) delivered an important ruling in the matter of Kaushal Kishor v. State of U.P. (Writ Petition (Criminal) No. 113 of 2016).

In July 2024, India's Finance Minister announced that a comprehensive review of the existing Income-tax Act, 1961 (the "IT Act") would be undertaken with the intent to make the tax law simple and to minimize tax controversy.

Through notifications issued in May 2023, the Ministry of Finance, Government of India, has widened the scope of the Prevention of Money Laundering Act, 2002...

On July 30, 2026, the Insurance Regulatory and Development Authority of India (the “IRDAI”) notified the IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) (Amendment) Regulations, 2026 (the “Amendment Regulations”), amending the IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) Regulations, 2024 (the “Principal Regulations”).

On October 13, 2022, the Insurance Regulatory and Development Authority of India (the "IRDAI") published an exposure draft of the IRDA (Registration of Indian Insurance Companies)...

Recent trends show an increase in the preference and popularity of arbitration as an alternative mode of dispute resolution.

In the case of Kunal Kamra v. Union of India, on January 31, 2024, the petitioners challenged the constitutional validity of the 2023 amendment (the "2023 Amendment") made to Rule 3...

The Telecommunications Act, 2023 (the "2023 Act"), which is yet to be notified, is set to amend and consolidate laws pertaining to the development

Recently, the Reserve Bank of India (the "RBI") introduced new comprehensive guidelines for peer-to-peer ("P2P") lending platforms (the "Guidelines") in the Master Direction...