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21 May 2021 at 17 : 29 PM
Dispute Resolution Hotline: Delhi High Court issues anti-enforcement injunction against order of Wuhan Court
Read MoreMay 21, 2021 DELHI HIGH COURT ISSUES ANTI-ENFORCEMENT INJUNCTION AGAINST ORDER OF WUHAN COURT Foreign court cannot restrain a party from pursuing its cause before an Indian court, when Indian court is the only competent court to adjudicate the dispute; Certain overlap between two proceedings cannot solely be a ground to grant an anti-suit injunction; […]
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21 May 2021 at 15 : 05 PM
Ca(ir)n India Fly? Impact of Cairn Energy’s move on India’s investment destination image
Read MoreMay 21, 2021
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21 May 2021 at 13 : 51 PM
Tax Hotline: Tribunal rules on non applicability of LOB clause; observes timing when a treaty needs to be referred
Read MoreMay 21, 2021 TRIBUNAL RULES ON NON APPLICABILITY OF LOB CLAUSE; OBSERVES TIMING WHEN A TREATY NEEDS TO BE REFERRED Tax residency of company under India-UAE Treaty will be decided on basis where the company is controlled and managed from and not by reason of number of days the director stayed in UAE When an […]
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18 May 2021 at 16 : 28 PM
Tax Hotline: AAR rejects advance ruling application for non-disclosure of material facts
Read MoreMay 18, 2021 AAR REJECTS ADVANCE RULING APPLICATION FOR NON-DISCLOSURE OF MATERIAL FACTS Intervener in AAR application cannot seek ruling through another application on same transaction in the absence of specific leave from AAR. AAR’s power to reject application not restricted to grounds mentioned in proviso to section 245R(2); can reject where material facts not […]
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14 May 2021 at 16 : 48 PM
Dil Se Dialogue Series (May 12, 2021)
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14 May 2021 at 16 : 29 PM
Funds Update CE (May 11, 2021)
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14 May 2021 at 13 : 39 PM
Funds Hotline: SEBI releases AIF (Second Amendment) Regulations, 2021
Read MoreMay 14, 2021 SEBI RELEASES AIF (SECOND AMENDMENT) REGULATIONS, 2021 BACKGROUND The Securities and Exchange Board of India (“SEBI”) recently released the SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2021 (“Amendment Regulations”). The Amendment Regulations are in furtherance of SEBI’s board meeting, dated March 25, 2021 (“Board Meeting”) where certain amendments were proposed to SEBI […]
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13 May 2021 at 13 : 46 PM
Shelf Reflection CE – Competition Overdose: How Free Market Mythology Transformed Us from Citizen Kings to Market Servants – Maurice (May 06, 2021)
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12 May 2021 at 16 : 08 PM
Insolvency and Bankruptcy Hotline: Implications of the Indus Biotech ruling for IBC and investor protection in India
Read MoreMay 12, 2021 IMPLICATIONS OF THE INDUS BIOTECH RULING FOR IBC AND INVESTOR PROTECTION IN INDIA The National Company Law Tribunal (“NCLT”), recently, in Indus Biotech Private Limited (“Indus/corporate debtor”) v. Kotak India (Offshore) Fund (“Kotak/financial creditor”) & Ors. decided there existed an arbitrable dispute between Kotak who held Optionally Convertible Redeemable Preference Shares (“OCRPS”) […]
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10 May 2021 at 15 : 04 PM
Dispute Resolution Hotline: Cairn v. India – Does Cairn have remedies in light of India’s attempts to remove funds from overseas Indian bank accounts
Read MoreMay 10, 2021 CAIRN V. INDIA – DOES CAIRN HAVE REMEDIES IN LIGHT OF INDIA’S ATTEMPTS TO REMOVE FUNDS FROM OVERSEAS INDIAN BANK ACCOUNTS If a disputing party in an arbitration believes that receiving an arbitration award is a battle half won, wait until enforcement begins. The Cairn v. India1 dispute is a classic example. […]
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7 May 2021 at 12 : 30 PM
Insolvency and Bankruptcy Hotline: Supreme Court clarifies the effect of acknowledgment of debt under Insolvency Code
Read MoreMay 07, 2021 SUPREME COURT CLARIFIES THE EFFECT OF ACKNOWLEDGMENT OF DEBT UNDER INSOLVENCY CODE Balance sheet entries of a debtor company are considered as valid acknowledgment of debt to extended limitation period from the date of acknowledgement If Balance Sheet entries are qualified in Auditors Report or notes to Balance Sheet, then they may […]
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6 May 2021 at 13 : 57 PM
Investment Funds: Monthly Digest: 2021 Q1 amendments to alternative investment funds framework
Read MoreMay 06, 2021 2021 Q1 AMENDMENTS TO ALTERNATIVE INVESTMENT FUNDS FRAMEWORK SEBI approves the insertion of definition of ‘start-up’ and removal of the list of ‘restricted activities or sectors from the definition of ‘Venture Capital Undertaking’. AIFs, including Fund of AIFs, permitted to simultaneously invest in units of other AIFs and directly in securities of […]
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6 May 2021 at 13 : 00 PM
Dil Se Dialogue Series (May 05, 2021)
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5 May 2021 at 16 : 28 PM
Dil Se Dialogue Series (April 28, 2021)
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5 May 2021 at 16 : 02 PM
Shelf-Reflection CE Series – Good Leaders Ask Great Questions – John C. Maxwell (April 22, 2021)
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30 April 2021 at 11 : 29 AM
Recent SC judgment on the ability of two Indian parties to be governed by foreign laws in an arbitration (April 26, 2021)
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