ArticleNew RBI Norms On Prepaid Payment InstrumentsOne of the key purposes of introducing the Master Directions has been to provide for harmonisation and interoperability of PPIs in a phased manner.IndiaFinance and BankingLexCounsel
ArticleConsumer Courts Have Power To Direct The Builder/Developer To Give Refund To The HomebuyersExperion Developers Pvt. Ltd. vs Sushma Ashok Shiroor (Civil Appeal No. 6044 of 2019 and Civil Appeal No. 7149 of 2019)...IndiaConsumer ProtectionLexCounsel
ArticleMHA Withdraws Order Requiring Compulsory Payment Of WagesThe National Disaster Management Authority vide its order dated May 17, 2020 has extended the lockdown till May 31, 2020 but with limited restrictions.IndiaCoronavirus (COVID-19)LexCounsel
ArticleCompensation Agreements Under SEBI ScannerEarlier in its meeting of September 23, 2016, SEBI had expressed its concerns regarding instances of private equity funds entering into compensation agreements with promoters, directors and...IndiaCorporate/Commercial LawLexCounsel
ArticleExtension Of Time For Holding The AGMRoC has the power to extend the time within which any AGM (other than the first AGM) be held by a period not exceeding beyond 3 months. IndiaCorporate/Commercial LawLexCounsel
ArticleLimited Liability Partnership (Amendment) Bill, 2021The Rajya Sabha on August 9, 2021, passed the Limited Liability Partnership (Amendment) Bill, 2021. The Bill seeks to amend the Limited Liability Partnership Act, 2008 which regulates limited liability partnerships.IndiaCorporate/Commercial LawLexCounsel
ArticleSignificance Of Territorial Exclusivity Rights Of Franchisees Exclusive territorial rights grant a franchisee an assurance of an almost ‘monopolistic rank' for a particular brand in the territory on an exclusive basis.IndiaCorporate/Commercial LawLexCounsel
ArticleSupreme Court Re-Affirms The Entitlement Of Teachers To Receive GratuityThe Hon'ble Supreme Court of India, in its judgment pronounced on January 7, 2019 in the case of Birla Institute of Technology vs. State of Jharkhand [Civil Appeal No. 2530 of 2012] ("BIT Case")...IndiaEmployment and HRLexCounsel
ArticleRBI Proposes Higher Net Worth, KYC And Other Changes For Issuers Of Prepaid Payment InstrumentsThe Indian e-commerce boom coupled with the recent demonetization drive by the Indian Government has put the online payment systems to the forefront as a means of easy e-payments. IndiaFinance and BankingLexCounsel
ArticleH1B Visa's Impact On IT FirmsThe recent overhauling of the H1B visa policy under the Trump Administration, has led to rising concerns and uncertainties on issuance of visas in the Indian IT industry.IndiaImmigrationLexCounsel
ArticleLiquidated Damages Cannot Trigger Insolvency ProceedingsProceedings under the Code are not for ascertaining or crystallizing the quantum of damages.IndiaInsolvency/Bankruptcy/Re-StructuringLexCounsel
ArticleSupreme Court Holds Two-Tier Arbitration Valid Under The Arbitration And Conciliation Act, 1996Parties to an agreement have the autonomy to provide for a second instance appeal for settlement of disputes or differences arising between them. IndiaLitigation, Mediation & ArbitrationLexCounsel
ArticleTRAI's Regulations For Compensation To Consumers For Call Drops UpheldCall drops can be simply explained as the service provider's ineptitude in maintaining a call between users and providing continued service once a call has been correctly established. IndiaMedia, Telecoms, IT, EntertainmentLexCounsel
ArticleApplicability Of GST On Brand NameThe petitioner is a registered company engaged in supply of Non-Basmati unbranded rice in the State of Tripura. A search was conducted at the godown (warehouse) of the petitioner...IndiaTaxLexCounsel
ArticleSigh of Relief on Tax FrontIn an attempt to provide some respite to the investors and ensure a taxpayer-friendly approach in revenue collection, the Finance Minister of India has recently assured that the Income-Tax Authorities ("ITA") will not recklessly implement the retrospective tax rules.IndiaTaxLexCounsel
ArticleSpecific Relief (Amendment) Act, 2018Such experts can also be called to lead evidence and produce documents on the issue. IndiaCorporate/Commercial LawLexCounsel
ArticleMoratorium On Disposal Of Property Of Personal Guarantor Of The Corporate DebtorThe aforesaid decision follows from the appeal filed by the SBI the financial creditor, against the order of the NCLT Chennai restraining them from proceeding against the property of a personal guarantor of the...IndiaInsolvency/Bankruptcy/Re-StructuringLexCounsel
ArticleRBI Notifies ECB Framework RevampThe Reserve Bank of India (RBI) has recently rationalised the External Commercial Borrowing (ECB) framework and notified the amendments to the existing ECB vide the Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026 (Amendment Regulations). IndiaFinance and BankingLexCounsel
ArticleCDSCO Publishes Guidance On Medical Device Software Under MDR-2017The Central Drugs Standard Control Organisation (“CDSCO”) has issued the final Guidance Document on Medical Device Software under the Medical Devices Rules, 2017 (“MDR-2017”). The Guidance Document provides greater clarity on the regulation of medical device software in India.IndiaFood, Drugs, Healthcare, Life SciencesLexCounsel
ArticleFDI Norms Relaxed To Permit Exports By Inventory-Based E-Commerce EntitiesThe Department for Promotion of Industry and Internal Trade (“DPIIT”) has issued Press Note No. 3 (2026 Series) introducing a significant relaxation to India’s Foreign Direct Investment Policy (“FDI Policy”) for the e-commerce sector.IndiaGovernment, Public SectorLexCounsel