In recent years, start-ups and the e-commerce industry in India have grown at a rapid pace.

In continuation of the decision taken at SEBI board meeting dated June 29, 2022 (available here) to allow Foreign Portfolio Investors (FPIs) to participate in Exchange Traded Commodity...

Suspension Mechanism - Introduced vide Finance Act 2021.

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

This week, we examine the decision of the Bombay High Court in Chetan R. Shah. v. Emkay Fincap Ltd., which interprets the recently introduced section 87 of the Arbitration and Conciliation Act 1996.

We welcome you to the latest edition of ELP Knowledge Series, a quarterly analysis of curated topics pertaining to critical legal and regulatory developments that can create risk for businesses in India.

The amendment states that all land allotment done by the AP Government will be done only on a leasehold basis.

In a major move, SEBI has decided to temporarily restrict Alternate Investment Funds (AIFs) schemes which have adopted priority distribution model among investors from accepting any fresh commitment...

In an interesting turn of events, a writ petition has been filed before the Bombay High Court by an investor of Reliance Capital Ltd. (RCap) challenging Regulation 3(2)(b)(i) of SEBI...

The announcements also ease applicable procedures.

On March 31, 2022, the Competition Commission of India, in exercise of the powers conferred on it under Section 64 of the Competition Act, 2002, amended the Competition Commission of India ...

Under the new CPA, a ‘strict liability' will be enforced not only on the trader but also on the product manufacturer.

The Finance Bill 2023 proposes to amend Section 28(iv) of the Income Tax Act, 1961 (IT Act) to include cash/ monetary perquisites as well within its ambit.

Amongst the few clear defenses available to a private party aggrieved by a Government renegading on its promise, the doctrine of promissory estoppel is the most prominent and time-tested defense.

In a big policy shift, the Reserve Bank of India (RBI) has allowed Asset Reconstruction Companies (ARCs) to be a Resolution Applicant (RA) under the Insolvency and Bankruptcy Code, 2016 (the Code).

Section 125 of the Finance Bill 2023 introduced in the Union Budget has proposed amendments to Sections 9, 9A, and 9C of the Customs Tariff Act 1975 (CTA).

Increase in population density in major cities led to increase in FSI and this coupled with advancement in construction technologies has led to both requirement and ease of construction of Highrise buildings ...

Home is a place where a person gets a sense of security for oneself and one's family. People often spend their entire lifetime's savings and take up additional liability of home loans...

The 48th GST Council meeting had announced amendments to be made to the provisions relating to ‘Online Information and Database Access or Retrieval services' (OIDAR) to reduce interpretation...

The 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) concluded last month against an uncertain geopolitical landscape.