ArticleNew Space Economy: Policy Game Changer For The Satcom SectorLexCounsel is pleased to share a guest article, New Space Economy: Policy game changer for the satcom sector, by Mr. Anil Prakash, IndiaStrategyLexCounsel
ArticleFAQs on Companies Fresh Start Scheme, 2020 and LLP Modified Settlement Scheme, 2020Vide its circular dated March 30, 2020, the Ministry of Corporate Affairs ("MCA") had introduced the Companies Fresh Start Scheme, 2020...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
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
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
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
ArticlePOSH Act – Enquiry Committee Proceedings Cannot Be Challenged Once Participation Is Undertaken Without ProtestThe petitioner had challenged the enquiry report as well as the order whereby the Complaints Committee ("CC") under the POSH Act was constituted. IndiaEmployment and HRLexCounsel
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
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
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
ArticleFrom Dreams To RealtyThe NCDRC has recently passed stringent directions against a builder taking strong objection to delays in construction, coupled with failure of the builder to share the EMI of the flat buyers ("Complainants") in agreed proportion. IndiaReal Estate and ConstructionLexCounsel
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
ArticleThe Proposed Prohibition Of Cryptocurrency In IndiaIn January 2021, India's cryptocurrency investors and enthusiasts were shocked when the Lok Sabha Bulletin indicated that the Indian Parliament is considering the introduction of the...IndiaTechnologyLexCounsel