ArticleTime To Protect Indian Businesses From InsolvencyThe medium to long term financial effects of Coronavirus are yet to unfold, but the magnitude is already anticipated to be huge.IndiaInsolvency/Bankruptcy/Re-StructuringLexCounsel
ArticleInspiring Innovation In Start-Ups – Protection Of Intellectual Property RightsIndia has become the fastest growing Start-Up base worldwide and stands third in the global Start-Ups ecosystem as per NASSCOM Start-Up Ecosystem Report 2015. IndiaIntellectual PropertyLexCounsel
ArticleRegulation And Certification Of Digital Media And Entertainment PlatformsThe MIB has sought to undertake the ginormous task of regularising and certifying the content available on various entertainment platforms and digital media in general, more particularly referred to as the over the top platforms.IndiaMedia, Telecoms, IT, EntertainmentLexCounsel
ArticleUndertaking Of Charitable Activities Not Mandatory For New Trust Prior To Seeking Tax Exemption Under The Income Tax Act,1961Exemption from taxation on income generated by charitable institutions is a fundamental draw for many institutions to be incorporated as a charitable institution. IndiaTaxLexCounsel
ArticleFuture Of Virtual Currencies In IndiaThe legal status of virtual currencies ("VCs") such as Bitcoins continues to be debated as it remains unrecognized in India. IndiaTechnologyLexCounsel
ArticleDomicile-Based Reservations In Private Sector - Haryana Government Mandates 75% ReservationThe key features of the Act have been discussed below.IndiaEmployment and HRLexCounsel
ArticleDebate Of Vegetarian v. Non-Vegetarian: Reclassification Of FoodBy way of an example, the Court made reference to the ingredient ‘Disodium Inosinate' used as a food additive and is commercially prepared from meat/fish. IndiaFood, Drugs, Healthcare, Life SciencesLexCounsel
ArticleDelhi High Court: Party Challenging An Award Under Section 34, Arbitration And Conciliation Act, 1996 Or Seeking A Stay On Award To Deposit The Entire Sum Awarded. During the course of proceedings, Court had directed the Petitioner to file an affidavit detailing its assets, bank accounts and the amounts lying in the banks within the Territory of India. IndiaLitigation, Mediation & ArbitrationLexCounsel
ArticleRegulatory Update – April 19, 2016The RBI has clarified that keeping deposits with an Indian company by persons resident outside India, in accordance with section 160 of the Companies Act, 2013, is a current account (payment) transaction and, as such, does not require any approval from the RBI. IndiaCorporate/Commercial LawLexCounsel
ArticleSEBI Introduces Amendments Related To Appointment Of Independent Directors And Other RegulationsThe Securities and Exchange Board of India ("SEBI") has issued a press release (PR No. 22/2021) dated June 29, 2021 pursuant to its recent meeting held on June 29, 2021. IndiaCorporate/Commercial LawLexCounsel
ArticleThe New Indian Code On Wages, 2019With the introduction of the new labour codes, the earlier enactments namely, the Payment of Wages Act, 1936, the Minimum Wages Act, 1948, the Payment of Bonus Act, 1965 and the Equal Remuneration Act...IndiaEmployment and HRLexCounsel
ArticleDemystifying Vicarious Liability Of Directors For An Offence Under The Negotiable Instruments Act, 1881In a recent judgment in the matter of Susela Padmavathy Amma vs. Bharti Airtel Limitedi, the Hon'ble Supreme Court, quashed a criminal complaint filed against one of the directors of a company for the offence punishable under section 138 read with section 142 of the Negotiable Instruments Act, 1881.IndiaLitigation, Mediation & ArbitrationLexCounsel
ArticleGST Update: Guidelines For Verification Of Transitional CreditThe Government of India overhauled the indirect tax structure and implemented the goods and services tax ("GST") many years ago but its execution especially with regard to transitional credit...IndiaTaxLexCounsel
ArticleMediation And Conciliation Under The New Companies ActThe Companies Act, 2013 ("CA 2013") attempts to modernise the way companies in India are owned and operated, in sync with the practices across the world. IndiaCorporate/Commercial LawLexCounsel
ArticleSwiss Challenge Method- Unsolicited Proposals For DevelopmentInfrastructure development and its advancement is the first indicator of the level of growth of a nation. IndiaGovernment, Public SectorLexCounsel
ArticleRing-fencing Under IBC, And Open IssuesWhether by virtue of Section 32A of IBC all the statutory remedy under the criminal statutes will come to a halt by mere approval of resolution plan which is a purely a civil and commercial action.IndiaInsolvency/Bankruptcy/Re-StructuringLexCounsel
ArticleMissed MCA Filings? This Scheme Could Save Your Company's Significant CostsFor companies that have accumulated delays in statutory filings, this Scheme offers a valuable opportunity to reset their compliance status at a significantly lower cost and avoid potential regulatory action in the future. The key features of the Scheme and its implications for companies are discussed below.IndiaCorporate/Commercial LawLexCounsel
ArticleTenant Can Never Become Property Owner, Despite Prolonged StayCan a tenant, after decades of accepting landlord's title and paying rent, later dispute such landlord's ownership over the property?IndiaReal Estate and ConstructionLexCounsel
ArticleIndia's AI Governance GuidelinesOn November 5, 2025 the Ministry of Electronics and Information Technology ("MeitY") released the India Artificial Intelligence Governance Guidelines ("the Guidelines"), India's first comprehensive framework for governance of Artificial Intelligence ("AI"). IndiaTechnologyLexCounsel
ArticleRBI Releases Report On Responsible And Ethical Enablement Of AI In The Financial SectorArtificial Intelligence ("AI") is reshaping industries at an unprecedented pace. In today's technology-driven world, adaptability has become the key to survival.WorldwideTechnologyLexCounsel