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Entrepreneurial spirit can be ceaselessly observed to find increasing acceptance in India.

This Newsletter sets out some of the key legislative and regulatory updates in the banking and finance space for the month of April 2024.

On November 7, 2024, a 3 (three) judge bench of Hon'ble Supreme Court of India ("Supreme Court") delivered their judgment in the matter of State Bank of India and Ors.

February 10, 2026 marks a significant step by the Ministry of Electronics and Information Technology ("MeitY") towards regulating a specific output of Artificial Intelligence ("AI") tools, ...

The Supreme Court of India in Pankaj Bansal v. Union of India & Ors. has ruled that merely reading out the grounds of arrest by the Enforcement Directorate to an arrested person is not compliant with the procedure ...

This compendium consolidates all the key developments pertaining to the finance and insolvency laws in India which were circulated as a part of the JSA Prisms and Newsletters during the calendar period from January...

In this edition of the Prism, we analyse what employers would need to keep in mind while processing the personal data of their workforce.

In a significant judgment on the law relating to product liability in India, the Hon'ble National Consumer Disputes Redressal Commission ("National Commission")...

CCI received a complaint against the National Internet Exchange of India ("NIXI") for indulging in alleged abuse of dominant position, in contravention of Section 4 of the Competition Act.

Dewan Housing Finance Corporation Limited ("DHFL"), a housing finance and Non-Banking Financial Company ("NBFC") regulated under the National Housing Bank Act, 1987 ("NHB Act") and the Reserve Bank of India Act, 1934 ("RBI Act"), was accused of committing financial scams, including inter alia loan frauds and money laundering.

For years in India, statutory provisions prohibiting employment of female employees in night shift have been argued as denying them the same opportunity as male employees.

On February 13, 2026, after years of regulatory caution and due to industry lobbying, the Reserve Bank of India ("RBI") amended the Commercial Banks – Credit Facilities Directions, 2025 and the Commercial Banks.

Alstom Transport SA – Authority for Advance Rulings (AAR).

It has been clarified that since EDI system of message exchange is still not in place, verification of genuineness of duty credit scrips shall continue to be carried out prior to registration of scrips despite deletion of such requirement vide Annual Supplement 2012-13 dated June 5, 2012 from Foreign Trade Policy.

The Reserve Bank of India ("RBI"), vide notification dated July 30, 2024 has issued the Master Directions on Cyber Resilience and Digital Payment Security Controls for Non-Bank Payment System Operators...

In a significant judgment on arbitration agreements and anti-arbitration injunctions, the Delhi High Court ("Delhi HC"), in the case of SARR Freights Corporation and Anr. vs. Argo Coral Maritime Limited, examined whether a Civil Court may intervene to restrain arbitration proceedings that are alleged to be oppressive, vexatious or initiated in the absence of a valid arbitration agreement.

The ruling reaffirms the statutory scheme under Section 31(7)(b) of the Arbitration Act which subordinates an arbitral tribunal's power to award pre-award interest to the parties' contractual agreement.

In a recent case that signals a shift in the judicial interpretation, the Hon'ble Supreme Court of India ("Supreme Court") in the case of Western Coal Fields Ltd vs. Manohar Govinda Fulzele...