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Finance Minister ann...

Finance Minister Smt. Nirmala Sitharaman at the 37th GST Council Meet held today i.e. September 20th 2019 has announced to reduce the corporate taxes for domestic companies and new local manufacturing companies through an ordinance. The highlights of the Taxation…

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  • imageSep 20, 2019
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IBC proceedings main...

The Hon’ble National Company Law Appellate Tribunal (“NCLAT”) has held that the Corporate Insolvency Resolution Process (“CIRP”) can be initiated against a company whose name has been struck off by the Registrar of Companies (“ROC”) on an application filed under…

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  • imageSep 13, 2019
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Union Cabinet approv...

On August 28th, 2019 the Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved proposal for review of the Foreign Direct Investment (“FDI”) policy. The proposed changes in the policy will result in easing the FDI rules for…

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  • imageAug 30, 2019
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Arbitration and Conc...

With effect from August 09, 2019, the Government notified the Arbitration and Conciliation (Amendment) Act, 2019 (“Amendment Act”), which shall come into force on date further notified by the Central Government in the Official Gazette.   The salient features of…

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  • imageAug 16, 2019
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Supreme Court uphold...

The Hon’ble Supreme Court of India on August 9, 2019 has upheld the constitutional validity of the amendment which granted the status of financial creditors to home buyers as per the provision specified under the explanation to section 5 (8)…

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  • imageAug 09, 2019
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Reserve Bank of Indi...

The Reserve Bank of India (RBI) has rationalized the end-use provisions of External Commercial Borrowings (‘ECBs’) vide RBI/2019-20/20 A.P. (DIR series) Circular no. 04 dated July 30, 2019 (‘Circular’). Key changes introduced by the RBI through the Circular are reproduced…

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  • imageAug 08, 2019
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Law News

New criteria for cla...

In a significant move, the Union Cabinet decided in February 2018 to change the basis of categorisation of micro, small and medium enterprises from the quantum of investment in plant and machinery/equ...

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  • imageAug 13, 2018
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IPR Issues in Defenc...

The stupendous 30-point jump in the global ease-of-doing business index this year, catapulting India to the 100th position, has overshadowed many factors that impact the business climate in India both...

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New Avenues for Disc...

The Defence Offset Policy introduced in 2005 has been revised in bits and pieces over the years. The only time it was completely revamped was in August 2012 when new Defence Offset Guidelines were pro...

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  • imageAug 13, 2018
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Rationalization and ...

The Reserve Bank of India (RBI) after receiving suggestions from the corporates and other entities on relaxing the existing External Commercial Borrowings (ECB) framework has decided, in consultation ...

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Supreme Court Says F...

The Supreme Court today ruled that foreign law firms cannot practice in India, but allowed international lawyers to “fly in and fly out” to provide legal advice to their clients in India. The Apex...

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  • imageMar 15, 2018
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Cabinet Approves The...

In an attempt to make the Indian arbitration stronger and more regularized, the Cabinet has approved the Arbitration and Conciliation (Amendment) Bill, 2018 for introduction in the Parliament. The Bil...

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  • imageMar 10, 2018
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