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  • Article

    Liability Of A Company Secretary For Wrong Disclosure In A Listed Company

    Personal liability of a Company Secretary upon non-compliance of obligations towards the listed Company has come under question before the Securities Appellate Tribunal in the case of V Shankar v. SEBI ...
    IndiaCorporate/Commercial Law
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    Maharashtra Stamp (Fourth Amendment) Bill, 2026 - Stamp Duty On Financial And Bank Guarantees

    The Maharashtra Legislative Assembly has passed a bill introducing significant changes to stamp duty on financial and bank guarantees. The proposed amendment creates a new charging structure with differentiated rates based on transaction type and beneficiary, while offering relief from repetitive duty on renewals where guaranteed amounts remain unchanged.
    IndiaCorporate/Commercial Law
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    IBC Update - Removal Of Interim Moratorium For Personal Guarantors Apples To Pending Proceedings

    The Bombay High Court recently addressed a critical question regarding the temporal application of Section 96(4) of the Insolvency and Bankruptcy Code, which removed the interim moratorium protection for personal guarantors of corporate debtors. The ruling clarifies whether this amendment applies only to fresh applications filed after its enactment or extends to insolvency proceedings that were already pending when the law changed. This decision has significant implications for creditors seeking to pursue p
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    Amazon Vs Future Arbitration Update | International Emergency Awards Enforceable In India

    The Supreme Court of India (SC) in a very recent case of Amazon.Com NV Investment Holdings LLC v Future Retail Limited & Ors has upheld the enforcement of an order by the Singapore International Arbitration Centre...
    IndiaLitigation, Mediation & Arbitration
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    IPR Update | Personality Rights: Bombay High Court Protects Karan Johar's Personality Rights

    The Hon'ble Bombay High Court ('Court') recently passed a significant ruling in the case of Karan Johar v. Indian Pride Advisory Pvt. Ltd.
    IndiaMedia, Telecoms, IT, Entertainment
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    IBC UPDATE | Maintainability Of Debt Based On The Original Nature Of Transaction

    The recent judgement of Shreepati Build Infra Investment vs Abhiyan Developers , NCLT illustrates amendments to the Insolvency and Bankruptcy Code, 2016 (IBC) can significantly impact the maintainability...
    IndiaReal Estate and Construction
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    SEBI Update: Amendments To SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    The Securities and Exchange Board of India (SEBI) introduced significant amendments to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) on April 14, 2025.
    IndiaCorporate/Commercial Law
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    Litigation Update: Woman Subjected To Harassment By An Outsider Can Approach ICC Under POSH

    The Supreme Court in Dr. Sohail Malik v. Union of India & Anr., has clarified the jurisdiction of Internal Complaints Committees ("ICC") under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 ("POSH Act").
    IndiaEmployment and HR
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    Legal Update| Supreme Court View On Msme Act vs Arbitration Act

    The Supreme Court in a recent case of Ramkrishna Electricals Limited Vs Maharashtra State Electricity Distribution Company Limited & Another held that Section 15 to Section 23 of the Micro, Small & Medium Enterprises Development Act, 2006 would override provisions of the Arbitration and Conciliation Act, 1996.
    IndiaLitigation, Mediation & Arbitration
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    Supreme Court View On MSME Act Vs Arbitration Act

    The present appeals were preferred by each of the respective suppliers and buyers whereby though factually different, involved certain common questions of law and were therefore heard together.
    IndiaLitigation, Mediation & Arbitration
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    Two-Tier Arbitration | Permissible Under Arbitration Act

    The permissibility of agreements containing a two-tier arbitration clause had been under doubt for quite some time.
    IndiaLitigation, Mediation & Arbitration
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    SEBI Imposes Penalty On Axis Securities Limited For Regulatory Non-Compliances

    The Securities and Exchange Board of India (SEBI), vide an adjudication order (Order) dated 21 February 2025 penalised Axis Securities Limited (Axis Securities) for several non-compliances with various regulatory circulars applicable to them.
    IndiaFinance and Banking
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    A Legal Guide To Commercial Leasing In Mumbai: Negotiation, Documentation And Risk Management

    Commercial real estate transactions in Mumbai involve significant financial commitments and long-term business implications. Commercial Leasing in Mumbai requires careful negotiation...
    IndiaReal Estate and Construction
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    Reserve Bank Of India Regulates Peer To Peer Lending

    The Reserve Bank of India (RBI) recently issued a Master Direction on Peer to Peer Lending Platform for the registration and operation of peer to peer lending, pursuant to the Notification issued by RBI dated 24 August 2017...
    IndiaFinance and Banking
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    Arbitration Update: Supreme Court Clarifies Limits On Modification Of Arbitral Awards

    In a recent landmark judgment by the Hon'ble Supreme Court of India in the case of Gayatri Balasamy v. M/s. ISG Novasoft Technologies Limited and other connected appeals, the Court addressed the contentious issue of whether courts exercising jurisdiction under Sections 34 and 37 of the Arbitration and Conciliation Act, 1996.
    IndiaLitigation, Mediation & Arbitration
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    A Homebuyer's Legal Guide To RERA Maharashtra: Rights, Protections & Key Processes

    If you are considering buying a home in Maharashtra, understanding RERA Maharashtra is essential. Since the implementation of the Maharashtra Real Estate Regulatory Authority (MahaRERA)...
    IndiaReal Estate and Construction
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    How To Verify Occupation Certificate In Mumbai Online?

    Buyers can verify occupation certificates through the official Brihanmumbai Municipal Corporation portal.
    IndiaReal Estate and Construction
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    Understanding Co-operative Housing Society Laws In Maharashtra: A Practical Legal Handbook

    Managing or living in a housing society involves far more than day-to-day maintenance. Co-operative Housing Society Laws in Maharashtra govern ownership rights, member obligations...
    IndiaReal Estate and Construction
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    Regulatory Update | Legal Metrology (Packaged Commodities) Amendment Rules, 2026

    India's e-commerce compliance framework has undergone a material shift with the notification of G.S.R. 128(E) dated 13 February 2026, published...
    IndiaFinance and Banking
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company
  • Article

    Lease vs. Leave & Licence In Mumbai: Key Legal Differences And Best Practices

    Understanding the distinction between lease and leave and licence arrangements is essential for property owners and occupants in Mumbai. The legal structure chosen affects possession rights, eviction procedures, taxation...
    IndiaReal Estate and Construction
    Mansukhlal Hiralal & Company
    Mansukhlal Hiralal & Company

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