ArticleSupreme Court Confirms Position On Arbitral AwardsThe judgment is expected to be hailed by the investors' community. IndiaLitigation, Mediation & ArbitrationLexCounsel
ArticlePossibility of Non-Payment of Lease Rent Due to COVID-19Amidst the outbreak of novel coronavirus ("COVID-19") and its consequential countrywide lockdown, shutting down majority of the commercial, industrial and retail activities...IndiaCoronavirus (COVID-19)LexCounsel
ArticleProcess For Winding-Up Under The Companies Act Revised; Summary Procedure Extended To More CompaniesThe Ministry of Corporate Affairs, Government of India vide its Notification dated January 24, 2020, has notified the Companies (Winding Up) Rules, 2020 ("Rules"). IndiaCorporate/Commercial LawLexCounsel
ArticleCheque Bouncing – Amendments To The Negotiable Instruments Act, 1881The Negotiable Instruments Act, 1881 ("NI Act") has been amended from time to time to make the law relating to dishonor of the cheque more stringent against unscrupulous drawers of cheques. IndiaFinance and BankingLexCounsel
ArticleEnforceability Of Government Directions, Policies, Guidelines And ContractsWhen dealing with government policies, guidelines and contracts, one is often faced with the question of the nature of these policies, directions and contractsIndiaGovernment, Public SectorLexCounsel
ArticleIs A Parent Mandatorily Required To Report Offences Under The POCSO ActSexual harassment, abuse and sexual assault against young children are on the rise and to ensure protection of children rights and to strengthen reporting and enforcement provisions, the Hon'ble Punjab and Haryana High Court ...IndiaLitigation, Mediation & ArbitrationLexCounsel
ArticleExposure Of Prosecution Under The Indian Penal Code For Offences Under GSTThe petitioner is a sole proprietorship firm. The Superintendent of State Taxes filed a complaint before the Sub-Divisional Magistrate under Section 190 read with Section 200...IndiaTaxLexCounsel
ArticleGovernment to Implement Advance Pricing ArrangementsThe Government of India ("GoI") has decided to give a breather to various multinational companies having business in India, from the aggressive tax administration in transfer pricing matters. IndiaTaxLexCounsel
ArticleWhether Employees Terminated For Misconduct Entitled To Payment Of Statutory DuesIn this day and age of hire and fire, employers usually assume that statutory dues of a managerial employee terminated for misconduct can be legitimately forfeited.IndiaEmployment and HRLexCounsel
ArticleSafeguarding Property TransactionsFrom a legal standpoint, the transaction of buying or selling a property involves various steps.IndiaReal Estate and ConstructionLexCounsel
ArticleClarification By CBDT On Taxability Of Income Arising Out Of Transfer Of SharesThe CBDT with the objective to reduce litigation and to maintain consistency in approach on the issue of treatment of income derived from transfer of shares and securities, has issued circular no. 6/2016 dated February 29, 2016.IndiaTaxLexCounsel
ArticleCOVID19 - Restriction On Fee Hike By Private SchoolsIn the wake of spread of COVID-19 pandemic, India is heading towards a new paradigm in conducting business, running offices, organising social distancing and managing supplies to needy and poor.IndiaConsumer ProtectionLexCounsel
ArticleHow Compliance Is The Biggest Issue For CFOsOne area of constant challenge for a CFO is the proper recognition of revenues and expenditures and how they are expressed or reflected in the financial statements. IndiaCorporate/Commercial LawLexCounsel
ArticleRisks Mitigation Strategies Under A Merger & Acquisition TransactionMergers and Acquisitions ("M&A") are one of the most preferred methods for inorganic growth of businessesIndiaCorporate/Commercial LawLexCounsel
ArticleSpecific Performance Of An Agreement To Sell Of An Immovable PropertyThe law with respect to specific performance of a contract is well established in India. The grant of relief of specific performance is a discretionary and equitable relief. IndiaCorporate/Commercial LawLexCounsel
ArticleTerminating Employees Not Easy Anymore For SchoolsWith strict regulations being implemented on schools from time to time, the Delhi schools have been saddled with another compliance to be followed before terminating services of their employees...IndiaEmployment and HRLexCounsel
ArticleIndia Space CongressWe are happy to share that the next edition of the India Space Congress (ISC 2024) is scheduled to take place from June 26 to 28, 2024 at The Lalit in New Delhi.IndiaGovernment, Public SectorLexCounsel
ArticleCreditors Can Restore Corporate Insolvency Resolution Process In Case Of Default Of Settlement By Corporate DebtorPTO Circuits (India) Limited (‘CD') had approached ICICI Bank Limited (‘FC') for various credit facilities and availed non-fund based working capital facilities of ...IndiaInsolvency/Bankruptcy/Re-StructuringLexCounsel
ArticleIndia's First AI Copyright Ruling: The Delhi High Court In ANI v. OpenAIThe Delhi High Court, in ANI Media Pvt. Ltd. v. OpenAI OpCo LLC, has delivered India's first significant ruling on the application of copyright law to the training and functioning of large language models ("LLMs"). IndiaIntellectual PropertyLexCounsel