The Reserve Bank of India ("RBI"), on 10 February 2022, increased limits under the voluntary retention route ("VRR")...

IBBI amended IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) on 14 June 2022 (Second Amendment) to ease the corporate insolvency...

The Supreme Court has refused to interfere with the order passed by the National Company Law Appellate Tribunal (NCLAT) in SBI v. Mahendra Kumar Jajodia and has upheld...

As we are midway through 2019, the Indian economy despite landslide election victory by the National Democratic Alliance has challenges.

In recent times, the value of the Indian rupee has seen massive depreciation as a result of rising crude oil prices and the current geopolitical situation.

On 6 April 2022, the Central Board of Direct Taxes has changed the Income-tax Rules, 1962, as amended (IT Rules) to enable infrastructure debt funds as companies ("IDFs")...

Filing of personal insolvency against a personal guarantor is to be filed before the same NCLT as the corporate debtor.

In Navigation Key Inc. vs. MV Manticore, the Gujarat High Court ("Court") in a recent judgement refused to arrest the vessel on finding that there was no concluded/binding fixture/ charter party.

This article discusses the legal issues arising in the course of enforcement of foreign awards in India. T

Moving a project through the Philadelphia zoning process can seem like a daunting task, even after Philadelphia entirely revamped its zoning code.

Moving a project through the Philadelphia zoning process can seem like a daunting task – even after Philadelphia entirely revamped its zoning code.

In its recent judgement in Sportking India Limited vs. Owners and Parties Interested in the Vessel M.V. Marintrust 1 and Ors...

The Appellate Division held that under certain circumstances a zoning board may consider deceitful conduct by an applicant in reaching a determination to deny an area variance.

IBBI amended IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) on 16 September 2022 to attract investors and market participants in resolution...

The much-awaited Admiralty (Jurisdiction and Settlement of Maritime Claims) Act, 2017 ("Act") is being brought into force from 1st April 2018.

In a ruling significant because it applies a brand new regulatory procedure, the Massachusetts Department of Housing and Community Development has ruled that the Town of Wareham is not entitled to deny or condition a developer’s comprehensive permit under the Planned Production “safe harbor.”

A Division Bench of the Madras High Court, in Banque Cantonale De Geneve vs. Owners and Parties Interested in the Vessel M V Polaris Galaxy by its recent judgement and order of 13 July 2021, provided much needed guidance ...

A division bench (headed by the Hon'ble Justice G.S.Patel) of the Bombay High Court in World Crest Advisors LLP v. Yes Bank Limited1 ("World Crest Judgment") refused to...

The Business Standard on 25 November 2021 reported that the outstanding amount owed by willful defaulters to the Indian Banking system increased to a staggering amount of Rs. 62,970 since the beginning of the pandemic.

The increasingly large haircuts that creditors are taking under the Insolvency and Bankruptcy Code, 2016 (Code) has alarmed stakeholders and government alike.