Clarifications on Tax Tracks: FPI and Indirect Transfers
By Arunabh Choudhary, Nikita Chawla and Arjun Rastogi The taxation of indirect transfer of assets has been incessantly making headlines in the financial markets post the Supreme Court of India’s...
View Article#Budget 2017: 7 Key Takeaways for the Financial Markets
– Sumit Agrawal & Vaneesa Agrawal The Union Budget 2017 has brought about some major changes for the capital markets. We look at the most important ones in this article. 1. Deepening of the...
View ArticleInsolvency Regulator issues its first Order, denies one IP registration
by Sumit Agrawal The Insolvency and Bankruptcy Board of India (IBBI) was established on October 1, 2016 in accordance with the provisions of The Insolvency and Bankruptcy Code, 2016. Within a short...
View ArticleAnalysis of the new SEBI circular on schemes of arrangement
by Shashank Prabhakar SEBI has issued yet another circular on March 10, 2017, for regulating schemes of arrangement by listed entities. This is the fourth circular on this subject that has been issued...
View ArticleCyber Security in India: Need for an advanced framework
By Ankit Sinha and Harshit Dusad The world has witnessed recurrent instances of cyber attacks in the recent past. These cyber attacks have raised eyebrows on the reliability of the Society for...
View Article#Debriefed: Will the courts halt the Centre’s push to make #Aadhaar compulsory?
The recent push by the central government in making Aadhaar mandatory for several government schemes has met with widespread criticism from various sections of the society, including activists,...
View ArticleFinance Act amendments to the SEBI Act and the SCRA: Parliament settles the...
By Shashank Prabhakar The Finance Act, 2017 which has been passed by both the houses of Parliament and which was assented to by the President of India on April 3, 2017, has amended certain provisions...
View ArticleFinance Act amendments to the SEBI Act and the SCRA: Parliament settles the...
By Shashank Prabhakar The Finance Act, 2017 which has been passed by both the houses of Parliament and which was assented to by the President of India on April 3, 2017, has amended certain provisions...
View ArticleAugmented Reality – Go ‘Pokemon – Go’
By Kanika Satyan and Manas Ingle Technology has changed the way human beings lead their day-to-day life. The influence technology has had, especially on the gaming and entertainment sector, whether for...
View ArticleMCA and RBI gears up for cross border mergers and restructuring
by Puneet Shah A cross border merger refers to the merger of two or more companies in different countries for scaling economies, efficiency, competing and strategic objectives. The Reserve Bank of...
View ArticleFly High, But Lie low: The DGCA’s new Civil Aviation Requirement
Satvik Varma & Vikrant Pachnanda The Director General of Civil Aviation (DGCA), India’s aviation watchdog, recently issued a Civil Aviation Requirement (CAR) regarding handling of unruly/disruptive...
View ArticleNCLAT’s interpretation of terms ‘dispute’ and ‘existence of dispute’ under...
By Dr. Amit George The recent judgment of the National Company Law Tribunal (‘NCLAT’) in Kirusa Software Private Ltd. v. Mobilox Innovations Private Ltd. [Judgment dated 24.05.2017 in Company Appeal...
View Article#GST on Legal and Regulatory Services
Sumit Agrawal The introduction of Goods and Services Tax (GST) is one of the biggest tax reforms in India. A “Dual GST” model has been adopted under the Constitution of India, whereby Centre and States...
View Article#WinterSession: The most frequently asked law-related Parliamentary Questions...
In the democratic process, Parliamentary Questions are important tools to hold ruling dispensations accountable for their policies. They also serve to bridge the gap between the common man and the...
View Article#Columns: SEBI’s ban on PwC: Learnings for an auditor
By Kanwardeep Singh On 10 January 2018, nine (9) years after the Satyam scandal hit Indian Inc., Securities & Exchange Board of India (SEBI) has passed the Order pursuant to which a slew of...
View ArticleNCLT(s) allow settling cases post admission, despite Supreme Court orders
While the Supreme Court has, on more than one occasion, allowed settlement after admission of cases under the Insolvency and Bankruptcy Code, 2016 (IBC), it has done so with a caveat that the tribunals...
View Article‘Beneficial interest’ is not so beneficial under the Companies Amendment Act
By Puneet Shah With the rising concerns over misuse of black money in financing illegal activities and with an objective to tackle the issue of benami properties, the recently enacted Companies...
View ArticleUnion Cabinet clears Arbitration and Conciliation (Amendment) Bill 2018
The Union Cabinet has cleared the Arbitration and Conciliation (Amendment) Bill 2018. It will now have to be put before Parliament. The Bill according to a Government press release, is meant to...
View ArticleCommodity Hedging- The Next Version!
By Nikita Chawla and Aashka Shah The Reserve Bank of India (“RBI”) on 12th March 2018, issued the Hedging of Commodity Price Risk and Freight Risk in Overseas Market (Reserve Bank) Directions, 2018...
View ArticleForeign Creditors and Insolvency Proceedings in India
By Aditya Swarup The past few months in India have witnessed the admission of insolvency petitions of some high value companies, including Essar Steel and Videocon Industries. Such companies may have...
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