The Supreme Court's decision in Vanashakti v. Union of India is a landmark pronouncement in the field of environmental law, particularly in relation to the regulation of building, construction...

In comparison to banks, non-banking financial companies ("NBFCs") have always enjoyed higher net interest margins ("NIM") which is the amount of money that it is earning in interest on loans compared to the amount it is paying in interest on deposits.

Liberalised Remittance Scheme ("LRS") is a foreign exchange policy initiative introduced by the Reserve Bank of India ("RBI")...

As per a recent news report1 , as on 30th June 2022, a total of 1,999 CIRPs are ongoing out of which 436 are in the Real Estate Sector. This means, almost 1/4th of the Companies undergoing...

It was also argued that the said Circular suffers from absence of guidelines.

COVID-19 has drastically changed our world. Everything, apart from essential services, has come to a standstill.

On 23rd May 2023, the Revenue and Forest Department of the Government of Maharashtra ("GoM") has published its Resolution ...

Money laundering affects the economic roots of our nation and slows down its development.

By a notification dated 15th November 2019, the Central Government has from the 1st of December, 2019 brought into effect Part III of the Insolvency and Bankruptcy Code, 2016 (save and except provisions dealing with ...

The Maharashtra Real Estate Appellate Tribunal ("MREAT") in a recent judgment has reiterated several principles of The Maharashtra Real Estate (Regulation and Development) Act, 2016...

Parties often mutually agree to subject their disputes in relation to a contract to a Court of their choice.

Revenue recognition is a cornerstone of accrual accounting system which determines the accounting period in which revenues and expenses are to be realized.

In a recent judgement of the National Company Law Appellate Tribunal, passed on 14th August 2020 in the matter of Sushil Ansal v. Ashok Tripathi and Ors.

Whether or not the beneficiary has been described with reasonable certainty is a subjective matter will have to be judged on the basis of the facts of each case.

The Applicant also submitted that the State Bank of India issued a no objection certificate in favour of the Applicant with respect to the aforesaid charge.

The apex bank ("RBI") issued the updated master circular on ‘Bank Finance to Non-Banking Financial Companies (NBFCs)' on 5th January 2022 ("Circular").

The Supreme Court has examined the term "financial debt" and "financial creditor" in great detail to clarify the meaning and role of a financial creditor in an insolvency resolution process.

Sec 194-IC is a withholding tax provision wherein it specifically deals with the deduction of tax at source (hereinafter referred as "TDS") on transfer of land or building or both by resident (hereinafter referred as "Act").

In this article, we focus on the recent judgment of the Bombay High Court in several writ petitions, on whether development charges are payable under the Maharashtra Regional Town Planning Act, 1966...

Section 6 of the Real Estate (Regulation and Development) Act, 2016 ("Act") permits the authority to grant extension of registration of a project to the Promoter under reasonable circumstances...