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Recently, the Supreme Court of India ("Supreme Court") in K. Kishan v. M/s Vijay Nirman Company P. Ltd., has considered whether the Insolvency and Bankruptcy Code, 2016 ("the Code") can be invoked in respect of an operational debt where the arbitral award passed against the operational debtor creating such debt, is pending challenge under Section 34 of the Arbitration and Conciliation Act, 1996 ("Act").

In a move to liberalize the insurance sector, the Insurance Laws (Amendment) Act, 2015 ("2015 Act") was notified in March, 2015.

Affirming the duty of a curial court in arbitration, recently the Delhi High Court in Indeen Bio Power Limited ("Petitioner") v. Dalkia India Pvt. Ltd1

The Arbitration and Conciliation (Amendment) Act, 2015 does not apply retrospectively to arbitration proceedings commenced prior to it coming into force, unless the parties otherwise agree.

The Karnataka High Court ("HC" or "High Court') recently held that Wipro is eligible to claim tax credit on foreign taxes paid in relation to exempt income under section 10A of Income Tax Act...

Netherlands incorporated company held to be resident of Canada pursuant to its place of effective management in Canada.

If an ID fails to renew the registration, his/her name shall stand removed from the Data Bank.

‘Put Options’ in favour of a non-resident requiring an Indian resident to purchase the shares held by the non-resident under the foreign direct investment regime were hitherto considered as violative of the FDI Policy by the Reserve Bank of India ("RBI").

In light of the recent press release of the Ministry of Finance dated May 29, 2012 on Qualified Foreign Investors , we are organizing an interactive audio call to provide our views and insights.

In the most recent development in the ongoing battle against Non-Performing Assets ("NPA's"), the Gujrat High Court ("GHC") upheld the constitutionality of the RBI Press Note dated June 13, 2017...

Platforms hosting user content and retaining control over the content, by exercising their right to modify and refuse uploads, cannot claim safe harbour protection under Section 79 of the Information Technology Act, 2000.

Disputes governed by statutory enactments established for specific public purpose cannot be mandatorily referred to arbitration...

With the expanding dimensions of arbitration in India, Indian courts have maintained their stance in referring parties to arbitration, besides ensuring minimal interference in the same.

Recently, in N. Harihara Krishnan v. J. Thomas, the Supreme Court ("SC") has held that Section 1382 of the NI Act is self-contained, in so far as it creates an offence and prescribes necessary punishment.

High Court sets aside section 197 order due to absence of prima facie evidence of tax avoidance ...

"A journey of a thousand miles begins with a single step." The Digital Information Security in Healthcare Act (‘DISHA') is that firm first step taken by the Indian Government in the long journey ...

Alternative Investment Funds are primarily instituted as private trusts in India, even though the Securities and Exchange Board of India allows an AIF to be instituted as a company, a limited liability partnership, …