In the case of Celir LLP v. Bafna Motors (Mumbai) Pvt. Ltd., 2023 SCC OnLine SC 1209, borrowers defaulted in repaying the credit facility availed, consequently declaring the account as a Non-Performing Asset.

On June 7, 2024, the Reserve Bank of India ("RBI") amended the Foreign Exchange Management (Overseas Investment) Directions, 2022 ("OI Directions").

What really happens to your data when businesses are sold, merged, or spun off?

The Ministry of Information and Technology has released the draft Digital Personal Data Protection Rules, building on the Digital Personal Data Protection (DPDP) Act passed by Parliament

NBFC-MFIs are increasingly becoming a significant force in India's financial landscape due to their targeted focus on providing collateral-free loans to underserved segments...

The Reserve Bank of India ("RBI") has made a big change in how it oversees India's growing digital payments landscape. RBI has released the 'Payments Regulatory Board Regulations, 2025' ("Regulations").

The transfer of foreign assets often entails a complex interplay of international and domestic taxation principles. In India, the Income Tax Act, 1961 ("Income Tax Act") governs the taxation of such transactions.

The Reserve Bank of India (‘RBI') updated its Master Directions on Frauds in 2016, to consolidate all earlier circulars on classification of fraud...

The SPV in order to buy the assets, raises money by issuing debt securities to the investors in the market.

The International Financial Services Centres Authority (IFSCA) has issued a revised framework for the establishment and operation of International Trade Finance Services (ITFS) platforms within India's International Financial Services Centres (IFSC).

India's e-commerce sector has become a pivotal contributor to economic growth, driven by a growing consumer base and widespread digital adoption. The sector offers significant opportunities for investors,

In Intex Technologies India Ltd. v. Rugby Renergy Pvt. Ltd., 2024 SCC OnLine Del 1376, the Delhi High Court addressed the enforceability of commercial contracts where the consideration clause lacked clarity and certainty.

On January 23, 2024, the Insurance Regulatory and Development Authority of India ("IRDAI") introduced the IRDAI (Expenses of Management, including Commission, of Insurers) Regulations, 2024, consolidating regulations...

In a landmark move, the Reserve Bank of India rolled out a new framework through its Government Securities Lending Directions, 2023 to foster borrowing and lending of government securities within India's financial markets.

An investor invests in a startup with high growth expectations and a good exit in subsequent investment rounds.

The Reserve Bank of India (‘RBI') identified high inflation rates as a primary risk to the country's macroeconomic stability.

Financial institutions such as banks widely use One-Time Settlement ("OTS") schemes to recover loans.

It started with a WhatsApp ping. A few emails later, a ship was en route carrying coal worth millions. But when the buyer backed out and a legal battle began...

The Supreme Court of India has recently clarified a critical question faced by many employers and employees across sectors: what is the legal validity of employment bonds in India?

Sometimes, as legal practitioners, our work extends far beyond the technicalities of claims, compensation and allegations.