In Tata Capital Housing Finance Ltd v Shri Chand Construction and Apartment Private Limited, the Delhi High Court has held that unilateral opt-out clauses...

Post the notification of Section 5 of the Companies (Amendment) Act, 2020, with effect from October 30, 2023, the Government has now notified the related foreign exchange laws for enabling direct listing outside India.

The key aspects of the ICDR Amendment 2021 relate to the reduction of lock in period for promoters post an initial public officer.

The Input Tax Credit (ITC) has been the most vexed issue under the GST law, with debates on issues of cascading not properly addressed in the present scheme of law.

The IFSCA vide a circular dated April 5, 2024, on "Ease of doing business – Filing of Schemes or funds under IFSCA (Fund Management) Regulations 2022", has simplified the process for launching of funds and schemes ...

In order to address the growing concerns of stressed assets, SEBI has introduced Special Situation Funds (SSF), a subcategory under Category I AIF, which shall invest in ‘special situation assets'.

WTO's Director-General Ngozi Okonjo-Iweala set a strong tone at the MC13 Opening Ceremony in Abu Dhabi, describing the Multilateral Trading System as a 75-year-old global public good.

The Division Bench of the Hon'ble Supreme Court of India has recently rendered a noteworthy judgment related to the plea of non est factum.

Some of the key recommendations of the Council vide the 48th GST Council Meeting held virtually on 17 November 2022...

The taxpayer, an individual, earned long term capital gains from the sale of certain shares of Kappac Pharma Ltd. and claimed exemption under Section 10(38) of the Income-tax Act, 1961.

In both instances the Court was faced with arbitration clauses that restricted the ability/ power of one of the parties from freely appointing an arbitrator of their choice.

On November 18, 2021 the Competition Commission of India (CCI) released its report on "Market Study on the Pharmaceutical Sector in India : Key Findings and Observations".

The 49th meeting of the GST Council was held on February 18th, 2023. Summarised below are the key recommendations made...

On September 9, 2022, the Competition Commission of India (CCI) published its market study on competition and regulatory issues in the taxi and cab aggregator industry with a...

Given below are some key news updates from the past week pertaining to international trade and customs both from India and around the world.

All-night talks failed to reach a breakthrough...

In National Highways Authority of India v. M/s Hindustan Construction Company Limited, the Hon'ble Supreme Court of India fine-tuned the limits of judicial intervention in challenge proceedings initiated against an arbitral award.

The Court underscored the difference between ‘incorporation of' and mere ‘reference to' clauses of one contract in the context of another contract.

CBIC has issued a series of clarifications pursuant to the GST Council's 50th meeting held on 11.07.2023 in New Delhi...

On February 18, 2022, India, and the United Arab Emirates (UAE) signed the India-United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA), set to come into force on May 1, 2022.