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  • Article

    Anti-Corruption, White Collar Crimes & Investigations Newsletter - May 2023

    This edition of the Anti-Corruption, White Collar Crimes, and Investigations newsletter sets out key developments in the enforcement, regulatory and judicial landscape primarily of India.
    IndiaCriminal Law
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Supreme Court Of India Resolves Split On Personal Hearings Prior To Fraud Classification

    The Supreme Court of India ("Supreme Court") in the case of State Bank of India vs. Amit Iron Private Limited has clarified that borrowers do not have a vested right to a personal or oral hearing before their loan accounts are classified as fraud under the fraud directions issued by the Reserve Bank of India ("RBI").
    IndiaCriminal Law
    JSA Advocates & Solicitors
JSA Advocates & Solicitors
  • Article

    Creating Carbon Sinks In India: A Law And Policy Perspective

    Creating carbon sinks – technologies or processes that absorb more carbon (in the form of carbon dioxide) from the atmosphere than they release...
    IndiaEnvironment
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Podcast

    Greenwashing: Meaning And Regulations (Podcast)

    With companies vying to portray themselves as responsible business enterprises, ‘greenwashing' has become a concern in recent times.
    IndiaEnvironment
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Guidelines For The Production Linked Incentive Scheme For Promoting Domestic Manufacturing Of Medical Devices

    The Government of India, recognising the manufacturing disability faced by the medical device sector in India, had in July 2020 issued the Production Linked Scheme for Promoting Domestic Manufacturing of Medical Devices (the "Scheme").
    IndiaFood, Drugs, Healthcare, Life Sciences
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Supreme Court Clarifies Non-applicability Of Moratorium Under The Insolvency And Bankruptcy Code, 2016 To Proceedings Under The Negotiable Instruments Act, 1881

    In a landmark ruling, a 2 (two) judge bench of the Hon'ble Supreme Court of India ("Supreme Court") in the case of Rakesh Bhanot vs. M/s. Gurdas Agro Private Limited1 held that proceedings under Section 138 of the Negotiable Instruments Act, 1881 ("NI Act").
    IndiaInsolvency/Bankruptcy/Re-Structuring
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    IRDAI (Insurance Products) Regulations, 2024

    The IRDAI (Insurance Products) Regulations, 2024 ("Product Regulations"), were issued to facilitate the development of innovative insurance products and offer a swift response to the evolving market demands.
    IndiaInsurance
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    CGST Rules Amended To Give Effect To The Recommendations Of The 53rd GST Council Meeting Held On June 22, 2024

    Rule 39 of CGST Rules is amended with effect from the date to be notified, whereby the mechanism for distribution of ITC through ISD is prescribed.
    IndiaTax
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Indirect Tax Newsletter - December 15, 2012

    deadlock over CST compensation continues with the Centre and the States having failed to reach an agreement during their meeting last week.
    IndiaTax
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Competition Law Update - 11th April 2013

    A discussion on the topic of merger control in India.
    IndiaAntitrust/Competition Law
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Market Infrastructure Institutions

    SEBI, vide circular dated June 6, 2024, has issued the Framework of Financial Disincentives for Surveillance Related Lapses ("SRL") at MIIs, ("Framework").
    IndiaCorporate/Commercial Law
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Employer Cannot Revoke Offer Of Employment In The Absence Of Any Barrier In Appointment

    In the recent case of Matthew Johnson Dara vs. Hindustan Urvarak and Rasayan Ltd.1, a single judge bench of the Delhi High Court ("Delhi HC") upheld an employee's rights and opined that once an employee has been offered a position by the employer.
    IndiaEmployment and HR
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    JSA Newsletter | Employment | November 2024

    In the recent case of Matthew Johnson Dara vs. Hindustan Urvarak and Rasayan Ltd., a single judge bench of the Delhi High Court ("Delhi HC") upheld an employee's rights...
    IndiaEmployment and HR
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    The Bombay High Court Holds That Service Bonds, Contractual Obligations, Or Administrative Instructions Cannot Curtail Fundamental Right To Maternity Leave

    In a recent ruling, the Division Bench of the Bombay High Court, Nagpur Bench (“Bombay HC”) in Dr. Meenakshi Muthiah v. State of Maharashtra1, observed that the right to maternity leave is an integral facet of a woman’s fundamental right to life under Article 21 of the Constitution of India,1950 (“Constitution”) and cannot be curtailed by service bonds, contractual obligations, or administrative instructions. The Bombay HC emphasised that maternity leave cannot be treated as a break in service and that penalising a woman for availing maternity leave would undermine the dignity of motherhood and the constitutional mandate of social justice.
    IndiaEmployment and HR
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Central Electricity Regulatory Commission Sets Trajectory For Deviation Computation In Renewable Energy Sector

    The Central Electricity Regulatory Commission ("CERC"), vide its order dated March 31, 2026 ("CERC Order"), has determined the value of ‘X' for computation of deviation (in percentage) for Wind and Solar Sellers ("WS Sellers"), i.e., generating stations based on wind, solar or wind-solar hybrid resources, under the CERC (Deviation Settlement Mechanism and Related Matters) Regulations, 2024 ("DSM Regulations, 2024")
    IndiaEnergy and Natural Resources
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Consumption Of Power From Fossil Fuel-Based Co-Generation Is Neither Entitled For Exemption Nor Set-Off Against Applicable Renewable Purchase Obligations

    On February 20, 2024, the Appellate Tribunal for Electricity ("APTEL / Hon'ble Tribunal") rendered its judgment in Tata Steel Ltd. v Odisha Electricity Regulatory Commission & Ors...
    IndiaEnergy and Natural Resources
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    The Securities And Exchange Board Of India Issues Consultation Paper On Expanding The Scope Of The Sustainable Finance Framework In The Indian Securities Market, Seeks Comments

    The Securities and Exchange Board of India ("SEBI"), on August 16, 2024, released a consultation paper on expanding the scope of sustainable finance framework in the Indian securities...
    IndiaEnvironment
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Challenges In Implementing Haryana Job Reservation In Private Employment: Labour Benefits Vs. Production Losses

    The Haryana State Assembly has finally passed the much-debated Haryana State Employment of Local Candidates Bill, 2020, which seeks to mandate 75% job reservation for local candidates in the private sector.
    IndiaGovernment, Public Sector
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Once Default Of Payment Has Been Established, An Application Filed Under Section 7 Of The IBC Must Be Admitted

    The Supreme Court of India ("Supreme Court") has in M. Suresh Kumar Reddy v. Canara Bank & Ors1 reiterated that upon being satisfied of the occurrence of a default in making payment by a corporate...
    IndiaInsolvency/Bankruptcy/Re-Structuring
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Supreme Court: Arbitral Claims Extinguished Upon Approval Of Resolution Plan

    The Supreme Court of India ("Supreme Court") in the case of Electrosteel Steel Limited vs. Ispat Carrier Private Limited1, held that upon approval of an insolvency resolution plan...
    IndiaInsolvency/Bankruptcy/Re-Structuring
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
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