The increasingly large haircuts that creditors are taking under the Insolvency and Bankruptcy Code, 2016 (Code) has alarmed stakeholders and government alike.

The application of the provisions of the Limitation Act, 1963 ("Limitation Act") to the Insolvency and Bankruptcy Code, 2016 ("Code") has been an area of concern for creditors in India.

On 3rd May 2018, an ordinance amending the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015, ("Act") was promulgated.

The recent judgment of the Delhi High Court in the case of Cairn India Ltd & Ors. v. Government of India (GOI) (decided on February 2020) is an interesting exposition on the status...

On May 27, 2008, the Massachusetts Supreme Judicial Court issued two decisions, both involving a town's desire to receive a ruling from the courts as to whether the town had met Chapter 40B's statutory threshold of 10% of overall municipal housing stock qualifying as subsidized housing.

On March 21, 2014 the Commonwealth Court of Pennsylvania delivered an unreported panel decision in the matter of Emery v. City of Philadelphia Zoning Board of Adjustment (2014 WL 1168813).

Bank guarantees (BG) are a crucial component of global business and trade being widely used to ensure financial commitments. A BG is effectively treated as liquid cash with guarantor banks...

As any foreign investor will know, India has an ever changing regulatory framework as well as a currency which is not freely convertible

The Supreme Court's consistent position on the role of Adjudicating Authority ("AA") under Section 7 of the Insolvency and Bankruptcy Code, 2016 ("Code") has been limited to determining a default...

The Supreme Court, in M/S Caravel Shipping Services Pvt. Ltd. v. M/S Premier Sea Foods Exim Pvt. Ltd., helpfully clarified that the only pre-requisite of a valid arbitration agreement...

The world economy has been confronted by unprecedented challenges due to Covid-19. RBI and Central Government of India have announced a slew of measures to minimise the impact of Covid-19 on financial markets so as to provide liquidity to borrowers.

India has a vibrant market for financing promoters/primary owners against listed shares, either through loans or domestic bonds, being non-convertible debentures.

Vodafone initially invoked arbitration against GOI under the Indo-Netherlands BIPA.

The recent judgement of the Delhi High Court in Union of India v. Reliance Industries & Ors, is a reminder to sceptics that Indian judicial philosophy eschews interference with the arbitral process.

The Act is well intentioned but has many errors and omissions.

CoVID-19 has brought India to a standstill, with the Prime Minister of India announcing a country wide lockdown for 21 days until 14 April 2020 and potentially continuing after this.

The Bombay High Court's judgment in Play Games 24*7 Pvt Ltd v. Reserve Bank of India is concerning for foreign direct investment in India.

Confusion over basic concepts of arbitration viz, its seat and venue continue to bedevil Indian law. The latest addition to this cornucopia of conflicting judgements was rendered by the Supreme Court

In an interesting decision issued today, in Zoning Board of Appeals of Holliston v. Housing Appeals Committee, the Massachusetts Appeals Court held that a local zoning board of appeals cannot use vague local environmental concerns as a basis for denying a comprehensive permit under the Massachusetts affordable housing statute.

Recent changes in investment laws have been made by the Securities and Exchange Board of India, which regulates capital markets, in order to incentivise foreign portfolio investors to increase their investments in India.