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On February 10, 2023, the Master Directions on Prepaid Payment Instruments (PPI) was amended to include provisions for issuance of PPIs to foreign nationals/non-resident Indians...

Rajesh Exports Limited (“REL”), a Bengaluru-based company incorporated in 1989, built its reputation as a global gold giant and was seen as one of India’s largest gold companies by revenue. REL refined precious metals and exported jewellery worldwide, with its reported revenues placing it among India’s largest listed firms.

In the recent years, Arbitration has emerged as the most popular alternate dispute resolution mechanism.

On January 20, 2025, the Reserve Bank of India (RBI) updated its master direction on foreign investments in India (Master Direction), including downstream investments (DI)...

Securities Exchange Board of India (SEBI) in its meeting dated December 28, 2021 had approved the proposal to introduce Special Situation Funds (SSFs) as a new sub-category of Category I.

In a significant move aimed at enhancing transparency and accountability in India's corporate landscape, the Securities and Exchange Board of India (SEBI) in its annual report for the year 2022–23...

The Respondent was awarded a contract dated December 16, 1971 for construction of a 3 km missing link on NH-6 from Kanjipani to Kuntala (Project). The Project was supposed to be completed...

The Maharashtra Land Revenue Code (Second Amendment) Act, 2026 (L. A. BILL No. XXVIII OF 2026) represents a significant reform in the regulation of government land transactions in Maharashtra. Introduced in the Maharashtra Legislative Assembly on 24th March 2026, it focuses primarily on amending Section 37A of the Maharashtra Land Revenue Code, 1966, a provision that governs the sale, transfer, redevelopment, use of additional Floor Space Index (“FSI”), transfer of Transferable Development Rights (“TDR”), and change in use of government land.

On February 11, 2022, MCA amended the Companies (Accounts) Amendment Rules, 2022 (Amendment), effective immediately. As per the Amendment...

An Application for initiation of Corporate Insolvency Resolution Process (CIRP) of Anush Finlease & Construction Pvt Ltd (Corporate Debtor) was filed under Section 7 of the IBC by Phoenix ARC Pvt Ltd (Financial Creditor).

The Respondents, Central Public Works Department (Respondent No. 1) and M/s. Supreme Infrastructure India Limited (Respondent No. 2), are parties in an ongoing arbitration.

The Taxpayer defaulted in monthly payment of duty, which was not rectified within 30 days. Department issued SCN alleging that as per Rule 8(3A) of the CER, Taxpayer, post the above default, ought to have paid duties for each consignment.

Reshaping the AIF Landscape - SEBI's Recent Consultation Papers on Accredited Investors-Only Schemes and Flexibilities for Large Value Funds

The Supreme Court (SC) vide judgment dated March 08, 2021 in the matter of Gujarat Urja Vikas Nigam Ltd v. Amit Gupta & Ors

M/s Mahavir Prasad Gupta and Sons ("Appellant") was awarded a contract by the Government of NCT of Delhi ("Respondent"), for strengthening Road No. 58 from RUB Vivek Vihar to Road No.72...

April 8, 2020 – clarifies the procedure for passing ordinary and special resolutions amidst Covid-19 outbreak (EGM Circular) and provides certain relaxations from provisions...

The Union Cabinet approved the Model Tenancy Act (MTA) on June 02, 2021. The headline feature of this Act is setting up of separate rent authorities, courts, and tribunals at district level for protecting...

On January 24, 2022, SEBI amended SEBI (Alternative Investment Funds) Regulations, 2012 (AIF Regulations) to introduce Special Situation Funds (SSF) as a sub-category under Category I Alternative...