Thought Leadership

Events & Webcast

Asia – Regulatory Updates

15 Nov 2018

Economic Laws Practice in association with our Taxand partners from various jurisdictions, will be hosting a series of webinars every...

Sector Books/Booklets Data Protection

Data Privacy and Protection in India : An Update

13 Nov 2018

We welcome you to the latest edition of ELPs update on ‘Data Privacy & Protection in India’. In this document,...

Sector Books/Booklets Defence & Aerospace

The Indian Defence & Aerospace Sector : Challenges in the Opportunity

10 Nov 2018

The Government of India (GoI) has been steadily creating an enabling ecosystem of policies and regulations to give the much-needed...

Alerts & Updates International Trade & Customs Practice

United States Revokes India’s GSP Beneficiary Status for Key Products

2 Nov 2018

Summary India's status as a program-beneficiary under the United States’ Generalized System of Preference ("GSP") has been drastically curtailed.Several benefits...

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest – Overview of Legal and Regulatory Developments : October 2018

2 Nov 2018

The October issue of ELP’s Infrastructure and Energy digest has some important decisions by the Supreme Court, CERC, the Bombay...

Alerts & Updates Tax

GST Update

2 Nov 2018

1. ADVANCE RULING Sanghvi Movers Limited [2018-TIOL-230-AAR-GST] The Applicant is engaged in the business of providing medium-sized heavy-duty cranes on...

Alerts & Updates Tax

ELP GST Update

29 Oct 2018

1. NOTIFICATIONS Notification No. 54/2018-Central Tax and Notification No. 53/2018-Central Tax both dated October 9, 2018 (Amendment to CGST Rules)...

Alerts & Updates Tax

ELP GST Update

29 Oct 2018

1. ADVANCE RULING Takko Holding GmbH [TS-581-AAR-2018-NT] The Applicant is an extended arm of German legal entity viz. Takko Holding...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

26 Oct 2018

Vedanta Ltd. v. Shenzen Shandong Nuclear Power Construction Co. Ltd. 1 (October 11, 2018) INTRODUCTION In an international commercial arbitration...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

12 Oct 2018

In this week’s update, we analyse a recent judgment of the Hon’ble Bombay High Court in the case of Transocean...

Alerts & Updates Defence & Aerospace

ELP Defence & Aerospace Update

9 Oct 2018

We are pleased to bring to you a quarterly update on Defence & Aerospace sector. We hope you will find...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

5 Oct 2018

This week, we have analyzed the Supreme Court’s decision in P.Radha Bai and Ors. v. P. Ashok Kumar and Anr....

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest – Overview of Legal and Regulatory Developments : September 2018

4 Oct 2018

The September issue of ELP’s Infrastructure and Energy digest addresses key issues in with respect to certain changes in cabotage...

Newsletters Competition Law & Policy

ELP Competition Law & Policy Update

4 Oct 2018

The third quarter of 2018 (July – September) witnessed significant developments in the Indian competition law and regulatory space. With...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

24 Sep 2018

SC Rules: When a dispute resolution clause provides that disputes may be resolved either by arbitration or by the court,...

Events & Webcast

US Challenge to Indian Export Subsidies at the WTO: What Next?

20 Sep 2018

Several prominent schemes of India’s Foreign Trade Policy (“FTP”) are under challenge by the United States at the World Trade...

Insights International Trade & Customs Practice

Trade Security Journal – KYC: A Process Ripe for Automation

19 Sep 2018

New Anti-Corruption Legislation to impact corporates in Ireland Talking Trade Security with the Founder of China Labor Watch How to...

Alerts & Updates Tax

ELP GST Update

17 Sep 2018

Filco Trade Centre Pvt. Ltd. Vs Union of India The Hon’ble Gujarat High Court in its judgment and order in...

News & Media

Can salary paid for services by head office to its branch offices in other states attract GST?

15 Sep 2018

With the introduction of Goods and Services Tax (GST) regime in India, the industry and trade has been befuddled as...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Dispute Resolution Update

14 Sep 2018

M.E. Infraprojects Pvt. Ltd. & Anr. v. Municipal Corporation of Greater Mumbai & Ors. (Bombay High Court, September 3, 2018)...

Alerts & Updates Tax

ELP GST Update

14 Sep 2018

Notifications Notification No. 51/2018-Central Tax dated September 13, 2018 (Date of applicability of TCS) - Notifies October 1, 2018 as...

News & Media

Fuel price hike: Bring petrol under GST to arrest surge, say experts

11 Sep 2018

Protests over rising fuel prices have made a few state governments announce tax cuts, though the Centre has stayed adamant...

ELP Knowledge Series

ELP Knowledge Series – India Update Part 2 of 2018

10 Sep 2018

Over the last quarter, there have been a spate of regulatory and legal developments that have significant implications for domestic...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

10 Sep 2018

SC conducts Factual Enquiry in an Application under Section 11 of the Arbitration and Conciliation Act, 1996 United India Assurance...

Alerts & Updates Tax

ELP GST Update

10 Sep 2018

Notifications Notification No. 40/2018-Central Tax dated September 04, 2018 (Extension of due date) The notification extends the time limit for...

Insights Tax

Mechanism of Audit by tax authorities under GST laws

7 Sep 2018

With GST laws being enforce for over a year and teething technical issues having been resolved to a large extent;...

Events & Webcast

Taxsutra & ELP Present Webinar on ‘Documents / Record-keeping & Audit under GST’

6 Sep 2018

The CBDT had amended Form 3CD i.e. the Tax Audit Report w.e.f. August 20 to include disclosures on expenses related...

News & Media

Upset over offsets: India, US to fix old problem to take ties to new heights

4 Sep 2018

The inaugural ‘2+2 dialogue’ between India and the United States later this week aimed at strengthening defence ties is likely...

News & Media

Delhi HC stays ban on sale and manufacture of Oxytocin till October

31 Aug 2018

The Delhi High Court today stayed Central Government’s decision to ban the sale and manufacture of oxytocin, a peptide hormone, by...

Insights Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

31 Aug 2018

This week we take a look at the Supreme Court’s (“SC”) judgment in K. Kishan v. M/s Vijay Nirman Company Pvt. Ltd. (Order dated...

Alerts & Updates Defence & Aerospace

Notification on Drones Regulation in India

29 Aug 2018

The Director General of Civil Aviation (“DGCA”), after long debated Industry deliberations, has finally announced its Policy for remotely piloted...

News & Media

Deal Updates: ELP advises on Acquisition of Spoton Logistics Private Limited

29 Aug 2018

Deal reporting of Samara Capital Partners Fund II and Samara Alternate Investment Fund for Acquisition of Spoton Logistics Private Limited...

Sector Books/Booklets Hospitality

THE HOSPITALITY INDUSTRY IN INDIA – A GUIDE TO LEGAL ISSUES

23 Aug 2018

The devil lies in the details. An adage which perhaps can be best fitted to the hospitality industry. And yet,...

Sector Books/Booklets

Concession Agreements in India – The Balancing Act

17 Aug 2018

Private ownership of public assets is a sensitive issue for most governments. However, particularly in the context of developing countries,...

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest – Overview of Legal and Regulatory Developments

17 Aug 2018

The infrastructure sector has long established itself as a key growth driver for India’s economy. The sector was allocated over...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

13 Aug 2018

This week, we have analysed two significant judgments from the Supreme Court (“SC”) and Delhi High Court (“Delhi HC”) under...

Alerts & Updates Banking & Finance

IBC | Case Law Alert | Criminal proceedings are not covered under moratorium

13 Aug 2018

The National Company Law Appellate Tribunal (“NCLAT”) in the matter of Shah Brothers Ispat Private Limited vs. P. Mohanraj &...

Insights Data Protection

Data Privacy

10 Aug 2018

Data surrounds us and is generated in virtually everything we do. Data is generated during our everyday activities- whether it...

News & Media

Security of Home Buyers and other Allottees under IBC

10 Aug 2018

On 6th June 2018, the Insolvency and Bankruptcy Code, 2016 (“IBC”) was amended vide the Insolvency and Bankruptcy Code (Amendment)...

Alerts & Updates

ELP Update: Amendments to the Prevention of Corruption Act

9 Aug 2018

The recent amendments to the Prevention of Corruption Act, 1988 (‘PC Act’) made vide the Prevention of Corruption (Amendment) Act,...

Alerts & Updates Tax

ELP GST Update

9 Aug 2018

1. NOTIFICATIONS Notification No. 31/2018-Central Tax dated August 6, 2018 The above Notification seeks to prescribe a special procedure for...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Update: The Specific Relief (Amendment) Act, 2018

9 Aug 2018

Given the rapidly evolving nature of business transactions in India and across the globe, a need was felt to update...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

8 Aug 2018

In this week’s alert we update our readers on what has been a significant fortnight for the law of arbitration...

Alerts & Updates Corporate & Commercial

RBI Update | Single Master Form

2 Aug 2018

Under a circular issued by RBI on June 7, 2018 titled ‘Reporting in a Single Master Form’ (available here) (“Circular”),...

Alerts & Updates Tax

ELP GST Update

2 Aug 2018

1.  Notifications Notification 30/2018 – Central Tax  dated July 30, 2018 The above Notification seeks to extend the due date...

Alerts & Updates Banking & Finance

IBC | Case Law Alert | Income-tax department not a secured creditor once liquidation has commenced under IBC | Stands 5th in the order of distribution of assets

31 Jul 2018

In a landmark ruling, the Hon’ble High Court of Hyderabad (“High Court”) has held that the Income-tax Department (“Department”) does...

Alerts & Updates Banking & Finance

BC | Legislative Alert | Maintenance of public shareholding in listed companies for whom resolution plan is approved | SCRR amended

30 Jul 2018

Vide an amendment carried out to the Securities Contracts (Regulation) Rules, 1957 (“SCRR”) by the Securities Contracts (Regulation) (Amendment) Rules,...

Alerts & Updates Competition Law & Policy

ELP Competition Law & Policy Update – NCLAT UPHOLDS CCI’s ORDER IMPOSING PENALTIES ON CEMENT COMPANIES AND TRADE ASSOCIATIONS FOR CARTELIZATION

30 Jul 2018

Background: In its very first final judgment issued on July 25, 2018, the National Company Law Appellate Tribunal (NCLAT) upheld...

Alerts & Updates

Medical Devices, Pharma & Life Sciences – Court Update

30 Jul 2018

By a Notification dated 27.04.2018 bearing no. G.S.R No. 411 (E) dated 27.04.2018, the Central Government, in exercise of powers...

Events & Webcast

Current Landscape of Arbitration in India

27 Jul 2018

Join us for a panel discussion on the current landscape of arbitration in India, including the recent changes that have...

Alerts & Updates

ELP Update: Anti-profiteering provisions under GST: Analysing the emerging paradigm

27 Jul 2018

A note examining the recent developments pertaining to anti-profiteering provisions under India's GST framework.

Alerts & Updates Tax

ELP GST Update

27 Jul 2018

Notifications Rate Changes / Exemptions Notifications issued giving effect to various rate changes / exemptions with respect of goods as...

Alerts & Updates Banking & Finance

IBC | Case Law Alert | Whether being empanelled with a financial creditor debars to act as insolvency professional? | Whether COC needs to give reasons for replacement of RP

27 Jul 2018

The National Company Law Appellate Tribunal (“NCLAT”) in the matter of State Bank of India vs. Ram Dev International Limited,...

Events & Webcast

Cross Border Transactions : Dispute Resolutions in India

26 Jul 2018

FTI Consulting, the MCIA and ELP are hosting a panel session on Cross-Border transactions; Dispute Resolution in India followed by...

Events & Webcast

Protecting your investments in India : Developments in Dispute Resolution

25 Jul 2018

We are delighted to invite you to attend an upcoming event on developments in Dispute Resolution in India, jointly hosted...

Alerts & Updates Tax

ELP GST Update

25 Jul 2018

28th GST Council Meeting Rate Changes proposed There are various rate changes/exemptions for goods as well as services which have...

Alerts & Updates Tax

ELP GST Update

21 Jul 2018

Circulars Circular 21/2018-Customs dated July 18, 2018 CBIC has set up ‘Help Desks’ for a period of 2 weeks till...

Alerts & Updates

Medical Devices, Pharma & Life Sciences – Court Update

20 Jul 2018

In a recent judgment (Modi-Mundipharma Pvt. Ltd. v. Uoi & Ors.; W.P. (C) 11802/2016), the Delhi High Court has recognised...

Alerts & Updates Tax

The Anti-profiteering conundrum

20 Jul 2018

The GST laws set-up the National Anti-profiteering Authority (‘NAA’) basically as a deterrent to ensure that any benefit of reduction...

Alerts & Updates Tax

ELP GST Update

19 Jul 2018

Notifications Notification No. 14/2018–C.T./GST – State Tax, dated July 12, 2018 The Government of West Bengal has partially modified Notification...

Alerts & Updates Banking & Finance

IBC | Case Law Alert | Liquidation Order not a bar to pass appropriate orders u/s 230 of the Companies Act, 2013

18 Jul 2018

The National Company Law Appellate Tribunal (“NCLAT”) has in the matter of Arun Kumar Jagatramka vs Gujarat NRE Coke Ltd.,...

Alerts & Updates Competition Law & Policy

ELP Competition Law & Policy Alert: CCI penalizes Chemists and Druggists Associations and some pharmaceutical companies for anti-competitive conduct

16 Jul 2018

Background: In its order dated 12 July 2017, the Competition Commission of India (“CCI”) penalized the Federation of Gujarat State...

Alerts & Updates Banking & Finance

IBC | Legislative Alert | Existing CIRPs to provide for appointment of authorised representative for “class of creditors”

13 Jul 2018

Further to notification of the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018, dated 3 July 2018...

Alerts & Updates Tax

ELP GST Update

12 Jul 2018

Notifications Notification No. 29/2018 – Central Tax, F. No.349/58/2017-GST (Pt.) dated July 6, 2018 The anti-profiteering related rules of the...

Alerts & Updates Banking & Finance

IBC | Legislative Alert | IPEs cannot act as IP and to render only support services to IPs

9 Jul 2018

The Insolvency and Bankruptcy Board of India (“IBBI”) has clarified on the nature of services that can be provided by...

News & Media

Data Privacy: How Secure is Secure?

8 Jul 2018

Anthony Gonsalves booked a stay at a hotel online and provided his credit card details to make the payment. For...

Alerts & Updates Tax

ELP GST Update

6 Jul 2018

CBIC Advisory No. 275/15/2018-CX.8A dated July 4, 2018 CBIC has highlighted that instances have come to the notice of the...

Alerts & Updates Corporate & Commercial

SARFAESI | Alert | AIF Cat – II and Cat -III specified as “Qualified Buyers”

6 Jul 2018

Further to various changes being introduced by the Government to reform the debt recovery and bankruptcy framework, the Reserve Bank...

Alerts & Updates Banking & Finance

IBC | Legislative Alert | CIRP | Creditors in a class, authorised representatives, withdrawal of applications, request for resolution plans, model time-line for CIRP

5 Jul 2018

Further to the promulgation of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 on 6 June 2018 (“2018 Ordinance”), the...

Alerts & Updates Corporate & Commercial

SEBI Update | Liberalised regime for Angel Funds

4 Jul 2018

The Securities and Exchange Board of India (“SEBI”) has, vide the SEBI (Alternative Investment Funds) (Amendment) Regulations, 2018 (available here)...

Alerts & Updates Corporate & Commercial

SEBI Update | Overseas investments by AIFs and VCFs

4 Jul 2018

The Securities and Exchange Board of India (SEBI) has, in consultation with the Reserve Bank of India, vide circular number HO/IMD/DF1/CIR/P/2018/103/2018 dated...

Alerts & Updates Tax

ELP GST Update

3 Jul 2018

Notifications Notification No. 15E/2018 - State Tax dated June 29, 2018 Maharashtra government amends the e-way bill rules with effect...

Alerts & Updates Competition Law & Policy

ELP Competition Law & Policy Update – Volume 2 of 2018

3 Jul 2018

The April – June 2018 quarter has seen some important events and developments in the Indian competition law space. During...

Alerts & Updates Banking & Finance

IBC | Alert | IBBI’s circular in aid of IPs conducting CIRP

3 Jul 2018

The Insolvency and Bankruptcy Board of India (“IBBI”) has released a circular dated 29 June 2018 (available here) listing orders...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Update

29 Jun 2018

This week, we have analyzed the Bombay High Court’s judgment in Do-It Computer JV v. The Municipal Corporation of Greater...

Alerts & Updates Defence & Aerospace

ELP Defence & Aerospace Update

29 Jun 2018

Department of Defence, Ministry of Defence, India has notified a revised Standard Operating Procedure (SOP) for the issue of Authorisation...

Alerts & Updates Tax

ELP GST Update

29 Jun 2018

News Update Postponement of GST provisions relating to Reverse Charge, TDS and TCS The GST Implementation Committee (GIC) has decided...

Alerts & Updates Tax

ELP GST Update

27 Jun 2018

Circulars Circular No. 49/23/2018-GST dated June 21, 2018 Central Board of Indirect Taxes and Customs modifies its earlier Circular dated...

Alerts & Updates Corporate & Commercial

SEBI Update | Recent Meeting

25 Jun 2018

We attach herewith a regulatory update on the decisions taken by the Securities and Exchange Board of India (“SEBI”) in...

Alerts & Updates Tax

Circular dated 08.06.2018 on servicing of cars may open a pandoras box under Goods and Services Tax laws

25 Jun 2018

The levy of Goods and Services Tax (‘GST’) is on supplies of goods or services or both. Intra-state supplies are...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

22 Jun 2018

This week, we have analyzed the Delhi High Court’s judgment in Antrix Corporation Limited v. Devas Multimedia Private Limited. The...

Alerts & Updates Tax

ELP GST Update

22 Jun 2018

Notifications Notification No. 28/2018 – Central Tax dated June 19, 2018 Central Government notifies Central Goods and Services Tax (Fifth...

Alerts & Updates Tax

ELP GST Update

19 Jun 2018

Notifications Notification No. 3/2018, F.No. 3(163)/Policy-GST/2018/298-307 dated June 15, 2018 Delhi government amends the e-way bill rules with effect from...

Alerts & Updates

ELP Knowledge Series | India Update – Part 1 of 2018

19 Jun 2018

Welcome to the latest issue of ELP Knowledge Series. This publication is intended to keep you abreast of the latest...

News & Media

Big Indian deals fall short of closure

18 Jun 2018

MUMBAI: Some of India Inc's biggest consolidation deals - aimed at retiring debt or hiving off bleeding business units -...

Alerts & Updates Corporate & Commercial

SEBI and RBI Update | Investment by FPIs in Debt Securities

18 Jun 2018

SEBI vide circular number IMD/FPIC/CIR/P/2018/101 (available here) (“SEBI Circular”) and RBI vide circular number RBI/2017-2018/199 A.P. (DIR Series) Circular No....

ELP Knowledge Series

ELP Knowledge Series – India Update Part 1 of 2018

14 Jun 2018

‘India Update – Part 1 of 2018” is the latest addition to the ELP Knowledge Series. This document is intended...

Alerts & Updates Tax

ELP GST Update

14 Jun 2018

Notifications Notification No. 26/2018-Central Tax dated June 13, 2018 CBIC notifies CGST (Fifth Amendment) Rules, 2018 hereby amending the following...

Alerts & Updates Banking & Finance

IBC | Legislative Alert | IBBI clarifies on IPs’ fees, expenses and on insolvency resolution process cost

12 Jun 2018

The Insolvency and Bankruptcy Board of India (IBBI) has issued a circular on 12 June 2018 (available here), for clarifying...

Alerts & Updates Tax

ELP GST Update

12 Jun 2018

Notification Notifications and Order No. D.C. (A&R)-2/GST/PWR/Sections/2017-18/ADM-8 dated June 5, 2018    The Government of Maharashtra vide the abovementioned Notification...

Alerts & Updates Corporate & Commercial

Update | Reporting of foreign investment in a Single Master Form

8 Jun 2018

RBI, vide a Circular dated June 7, 2018 bearing Circular No. RBI/2017-18/194 (A.P (DIR Series) Circular No. 30) (available here),...

Alerts & Updates Tax

ELP GST Update

7 Jun 2018

Notification Notification No.13/2018-C.T./GST dated June 6, 2018   The Government of West Bengal vide the above Notification has enhanced the threshold...

Alerts & Updates Banking & Finance

IBC | Legislative Alert | Ordinance, 2018 to amend IBC approved by the President | Key changes

6 Jun 2018

The President today (6 June 2018) gave assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 (Ordinance). Following...

Alerts & Updates Tax

ELP GST Update

5 Jun 2018

91 FAQs ON FINANCIAL SERVICES ISSUED BY CENTRAL BOARD OF INDIRECT TAXES & CUSTOMS Due to the complex nature of...

Alerts & Updates Banking & Finance

IBC | Legislative Alert | SEBI amends its regulations to provide for exemptions vis-a-vis resolution plans

5 Jun 2018

The Securities and Exchange Board of India (SEBI) has amended the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011...

News & Media

Deal Reporting – Investment in Future Group by L Catteron

4 Jun 2018

Singapore-based private equity firm L Catterton Asia is buying a 10% stake in Kishore Biyani-led Future Lifestyle Fashions for approximately...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Update

2 Jun 2018

This week, we have analyzed the Delhi High Court’s ruling in Ashiana Infrahomes Pvt. Ltd. & Ors v. Adani Power...

Alerts & Updates Tax

ELP GST Update

1 Jun 2018

Advance Ruling GKB Lens Pvt. Ltd. (West Bengal) [2018-TIOL-42-AAR-GST]                Goods supplied to branch/depot for further supply as such can be...

News & Media

Appointment Release

31 May 2018

Karthik K Mahalingam, the head of Shardul Amarchand Mangaldas & Co’s Bengaluru office announced his departure from the firm after...

Alerts & Updates Corporate & Commercial

SEBI Update | System Driven Disclosures

31 May 2018

A. Background 1. What is a system driven disclosure?: SEBI vide a circular dated December 1, 2015 (“Original SEBI Circular”)...

Alerts & Updates Tax

ELP GST Update

30 May 2018

ADVANCE RULING 1.  Giriraj Renewables Pvt. Ltd. (Karnataka) [2018-VIL-36-AAR] EPC contract for setting up of solar power plant, wherein supply...

Alerts & Updates Banking & Finance

IBC | Case Law Alert | Right of operational creditors / suspended board / resolution applicants to attend COC meetings

28 May 2018

In an important ruling in the matter of ANG Industries Limited v/s Shah Brothers Ispat Private Limited & Ashok Leyland...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

25 May 2018

This week, we have analyzed the Supreme Court’s ruling in Kalawati v. Rakesh Kumar[1]. In Kalawati, the Court examined the...

Alerts & Updates

ELP GDPR Alert

25 May 2018

The world over, privacy concerns seem to dominate the mainstream discourse. Recent events of mass scale privacy breaches like the...

Alerts & Updates Tax

ELP GST Update

25 May 2018

ADVANCE RULING Rashmi Hospitality Services Pvt. Ltd. [2018-VIL-35-AAR] Service in relation to supply of food by caterers in factory canteens...

Alerts & Updates Tax

ELP GST Update

21 May 2018

ADVANCE RULINGS VPSSR Facilities (Delhi) [2018-TIOL-32-AAR-GST] Cleaning service provided to Railways does not qualify as a service in relation to...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

21 May 2018

In this week’s update, we examine the decision of the Hon’ble Delhi High Court concerning two treaty arbitration invoked against...

News & Media

With NCLT, NCLAT closing for vacations, insolvency resolutions face delays

19 May 2018

With the National Company Law Tribunal (NCLT) and the National Company Appellate Law Tribunal (NCLAT) closing for vacations, the resolution...

Alerts & Updates Tax

ELP Tax Alert – Flipkart India Private Limited

18 May 2018

Recently, the Income Tax Appellate Tribunal, Bangalore in the case of Flipkart India Private Limited vs. ACIT, has held that...

Alerts & Updates Tax

ELP GST Update

18 May 2018

NOTIFICATIONS Notification No. 3/2018-State Tax (Kerala) dated May 14, 2018 Exemption from preparation of E-way Bill on Intra-state supplies in...

Sector Books/Booklets

IBC India Guide

18 May 2018

India’s jump from Rank 130 to Rank 100 in ease of doing business can be largely attributed to various legal...

Alerts & Updates Tax

ELP Tax Alert: SC upholds waiver of loan acquired for capital purposes not a perquisite under section 28(iv) nor cessation of a trading liability under section 41(1)

16 May 2018

Recently, the Hon’ble Supreme Court (‘SC’) in the case of M/s Mahindra and Mahindra Ltd has ruled regarding the taxability...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

15 May 2018

In what is sure to be a judgment of far reaching consequences, the Supreme Court, in the case of Ameet...

Alerts & Updates Tax

ELP GST Update

15 May 2018

NOTIFICATIONS -  File No. MGST-1018/C.R.38/ (Maharashtra) May 10, 2018 The Government of Maharashtra vide the above Notification has constituted the...

News & Media

Sebi notifies new governance norms for listed firms, splits CMD post

10 May 2018

Mumbai: The market regulator Securities and Exchange Board of India (Sebi) on Thursday notified changes in the governance norms for...

Alerts & Updates Banking & Finance

IBC | Case Law Alert | Exclusion of certain period from 270 days – NCLAT illustrates grounds for such exclusions

10 May 2018

In view of various cases being dealt by the National Company Law Tribunals (“NCLT”) across various jurisdictions to allow exclusion...

Sector Books/Booklets Litigation, Arbitration & Dispute Resolution

WTO Dispute Settlement: Case Summaries (2017)

10 May 2018

Settling trade disputes in a timely manner is important. It mitigates the negative effects of unresolved international trade conflicts. For...

Alerts & Updates Tax

ELP GST Update

9 May 2018

ADVANCE RULING AUTHORITY M/s Shreenath Polyplast Private Limited (Gujarat) [GUJ/GAAR/R/2018/3] - Interest received by the Applicant (Del Credere Agent) is...

Alerts & Updates Tax

ELP GST Update

9 May 2018

E-WAY BILL Notification No. 15D/2018-State Tax dated May 7, 2018 The Commissioner of State Tax, Maharashtra has notified E-way bill...

Insights

Important Amendments To SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

9 May 2018

Securities and Exchange Board of India (“SEBI”) vide notification no. SEBI/LAD-NRO/GN/2018/10 dated May 9, 2018 has issued the SEBI (Listing...

Alerts & Updates Tax

ELP GST Update

7 May 2018

ADVANCE RULING AUTHORITY Giriraj Renewables Private Limited (Maharashtra) [TS-155-AAR-2018-NT] Engineering, Procurement and Construction contract (Turnkey / EPC) for setting up...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

5 May 2018

This week we have analyzed the decision of the Delhi High Court in Ok Play Auto Pvt. Ltd. v. Indian...

News & Media

ELP promotes 5 to salaried partner, 15 to associate partner

4 May 2018

Economic Laws Practice (ELP) has promoted 5 associate partner to salaried partner or the equivalent director level, while 15 other...

News & Media

In addition Economic Laws Practice (ELP) picked up 2, Argus Partners 1 and P&A Associates 2 students via a pre-placement offer (PPO)

4 May 2018

JGLS Sonepat has concluded its so-called Day Zero interviews, which were staggered between April and concluded in early May, resulting...

News & Media

Economic Laws Practice promoted many in the firm

4 May 2018

5 Associate Partners were promoted as Partners/Directors (salaried partner equivalent). In addition 4 counsels and 11 Senior Associates were promoted...

Alerts & Updates Banking & Finance

IBC | Legislative Alert | Provisions in relation to financial service providers under the Code notified

4 May 2018

The Central Government has notified the provisions (notification available here) in relation to financial service providers under the Insolvency and...

News & Media

ELP adds Khaitan BD director Ashutosh Gupta, Tata Power strategy head Karishma Maniar for strategy, defense, aerospace

2 May 2018

Economic Laws Practice (ELP) has added former Tata Power head of strategy and contracts Karishma Maniar as an associate director...

News & Media

ELP hires Khaitan’s BD Director Ashutosh Gupta and Tata Power’s Karishma Maniar

2 May 2018

Economic Laws Practice has appointed Khaitan & Co, Director – Business Strategy & Business Development Ashutosh Gupta as Director –...

News & Media

Economic Laws Practices announces two significant appointments to its business practices

2 May 2018

Economic Laws Practices announces two significant appointments to its business practices. Ashutosh Gupta (Partner - Strategy and Planning) With nearly...

News & Media

AZB, Khaitan, SAM, double-Trilegal, ELP, 2 foreigns on $2.1bn Schneider mega sale to Larsen & Toubro [Update-2]

1 May 2018

“Larsen & Toubro, India’s largest engineering and construction company, will sell its electrical and automation business to European multinational Schneider...

Alerts & Updates Competition Law & Policy

ELP Competition Law Alert: Mens Rea Not a Requirement for Imposing Penalty – Supreme Court Affirms CCI’s Position in Penalizing Entities for Non – Notification of Combinations

30 Apr 2018

On 17 April 2018, the Supreme Court of India (“Supreme Court”) handed down a decision according strict interpretation to the...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

28 Apr 2018

This week we have analyzed the decision of the Supreme Court in Cheran Properties Limited v. Kasturi and Sons Limited,...

Alerts & Updates Banking & Finance

IBC | Legislative Alert | Pending disciplinary proceedings against Insolvency Professionals | Ineligibility to accept fresh assignment under the Code

25 Apr 2018

The Insolvency and Bankruptcy Board of India (“IBBI”) has issued a circular dated April 23, 2018 (“Circular”) (available here) to...

Alerts & Updates Competition Law & Policy

ELP Competition Law Alert: CCI Reduces Penalty on Dry Cell Battery Manufacturers for Reporting a Cartel Under Leniency Provisions

23 Apr 2018

Last week, the Competition Commission of India (“CCI”) in a telling order resorted to the leniency provisions while reducing penalties...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

20 Apr 2018

This week, we examine the decision of the Supreme Court in M.P. Power Generation Co. Ltd & Anr. v. Ansaldo...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

13 Apr 2018

This week, we take a look at the Bombay High Court’s (“HC”) judgment in in the case of Suman Baburao...

Alerts & Updates Tax

ELP Tax Alert: ITAT upholds internet domain registration receipts taxable as royalty

12 Apr 2018

Recently, the Delhi ITAT in the case of M/s GoDaddy.com LLC vs ACIT has upheld that the receipts earned from...

Newsletters International Trade & Customs Practice

Section 301 Update: USTR Publishes Proposed List of Chinese Products Subject to Additional Tariffs

9 Apr 2018

The Special 301 Report is prepared annually by the Office of the United States Trade Representative (USTR) under Section 301 of the Trade Act of...

Newsletters Corporate & Commercial

Nirav Modi | Independent Directors | Relief Granted

4 Apr 2018

In a case dealing with the liability of independent directors for frauds and siphoning alleged to be committed by a...

Alerts & Updates Competition Law & Policy

ELP Competition Law & Policy Update – Volume 1 of 2018

4 Apr 2018

The January – March 2018 quarter has seen some important events and developments in the Indian competition law space. During...

Newsletters Corporate & Commercial

IBC Alert | Report of the Insolvency Law Committee

3 Apr 2018

The Report of the Insolvency Law Committee, dated March 26, 2018, has been released by the Ministry of Corporate Affairs....

Newsletters Securities Laws & Capital Markets

ELP Regulatory Update

30 Mar 2018

We attach herewith a regulatory update on the recommendations of the Committee on Corporate Governance chaired by Mr. Uday Kotak...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

30 Mar 2018

Update on the Bombay High Court’s ruling in Ecopack India Paper Cup Pvt. Ltd. v. Sphere International wherein a Division...

Newsletters Corporate & Commercial

IBC | Legislative Alert | Liquidation Regulations amended | Scope of liquidation cost clarified | Sale of corporate debtor as going concern

28 Mar 2018

The Insolvency and Bankruptcy Board of India (“IBBI”) has amended the IBBI (Liquidation Process) Regulations, 2016 (“Liquidation Regulations”) vide the...

Newsletters Corporate & Commercial

IBC | Legislative Alert | IP Regulations | Registration norms amended for IPEs | Code of conduct for IPs to require disclosure of fees / relationship with financial creditors

28 Mar 2018

The Insolvency and Bankruptcy Board of India (“IBBI”) has amended the IBBI (Insolvency Professionals) Regulations, 2016 (“IP Regulations”) vide the...

Newsletters Corporate & Commercial

IBC | Legislative Alert | CIRP Regulations tweaked | IPE’s fees included in insolvency resolution process cost – scope widened | Timely identification of Resolution Applicant

28 Mar 2018

The Insolvency and Bankruptcy Board of India (“IBBI”) has amended the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016...

Newsletters Corporate & Commercial

IBC | Case Law Alert | Corporate Debtor ordered to be liquidated due to non-cooperation by creditors in CIRP

27 Mar 2018

The National Company Law Tribunal, Kolkata Bench (“NCLT”), in the case of Sreerampur Ispat Private Limited vs Bajoria Steel &...

Newsletters International Trade & Customs Practice

IBC | Legislative Alert | IBBI’s clarifies on fees of Resolution Professionals

23 Mar 2018

At the recently concluded 11th World Trade Organization (“WTO”) Ministerial Conference, WTO members were unable to agree on how to...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Dispute Resolution Update

23 Mar 2018

This update focuses on the Supreme Court’s ruling in Shafhi Mohammad v. State of Himachal Pradesh[1], and the decision of...

Newsletters Tax

ELP Tax Alert: Supreme Court upholds disallowance of expenditure under Section 14A on strategic investments in subsidiaries and shares held as ‘stock-in-trade’

21 Mar 2018

Recently, the Supreme Court in the case of Maxopp Investment Ltd. v. CIT has upheld that the provisions of Section...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

21 Mar 2018

In this week’s alert we update our readers on what has been a significant fortnight for the law of arbitration...

News & Media

Ultra Tech offers Rs. 7,266 cr to buy Binani Cement

20 Mar 2018

Bid tests insolvency proceedings before NCLT; case could be taken to apex court MUMBAI, MARCH 19 UltraTech Cement on Monday...

Newsletters Corporate & Commercial

IBC | Case Law Alert | NCLT on fixation of exaggerated insolvency resolution cost including resolution professional’s cost | Suggests that IBBI may frame regulations / guidelines

19 Mar 2018

The National Company Law Tribunal, Kolkata Bench (“NCLT”) in the case of Punjab National Bank vs Divya Jyoti Sponge Iron...

Newsletters International Trade & Customs Practice

ELP Trade Newsletter – Early 2018

17 Mar 2018

The 11th Ministerial Conference of the World Trade Organization (‘WTO’) concluded on December 13, 2017 without achieving any substantive results....

Newsletters International Trade & Customs Practice

ELP Client Alert Mini-Ministerial

14 Mar 2018

At the recently concluded 11th World Trade Organization (“WTO”) Ministerial Conference, WTO members were unable to agree on how to...

Newsletters Corporate & Commercial

IBC | Alert | IBBI and RBI to cooperate with each other for the effective implementation of the Code

13 Mar 2018

The Insolvency and Bankruptcy Board of India (“IBBI”) has signed a memorandum of understanding (“MoU”) on 12 March 2018 with...

Newsletters Corporate & Commercial

IBC | Case Law Alert | Insolvency Professional’s fees to be ratified by Committee of Creditors

12 Mar 2018

In an important ruling by National Company Law Appellate Tribunal (“NCLAT”) in the case of State Bank of India vs...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

9 Mar 2018

We had earlier examined the Supreme Court’s decision in Inox Wind Ltd. v. Thermocables Ltd. (‘Inox Wind’). The SC had...

Newsletters Corporate & Commercial

IBC | Case Law Alert | Moratorium is applicable to the properties of the personal guarantors too: NCLAT

4 Mar 2018

The National Company Law Appellate Tribunal (“ NCLAT”), vide an order dated February 28, 2018 in the case of State...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

1 Mar 2018

There is a lot of uncertainty with respect to the applicability of the amended provisions of the Arbitration and Conciliation...

Newsletters Corporate & Commercial

Update | Modes of meeting Minimum Public Shareholding requirements

26 Feb 2018

Pursuant to the discussions in the SEBI board meeting held on December 28, 2017 (“SEBI Board Meeting”), SEBI issued: (i)...

Newsletters Corporate & Commercial

IBC | Legislative Alert | Confidentiality obligations of insolvency professionals | Designated website for publishing forms

25 Feb 2018

The Insolvency and Bankruptcy Board of India (“IBBI”) has reiterated the confidentiality obligations of the insolvency professionals vide its circular...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Alert

23 Feb 2018

This week, we have analyzed the Supreme Court’s decision in Sundaram Finance Limited v. Abdul Samad and provided a snapshot...

News & Media

SBI capital neev fund invest in sunsource energy

16 Feb 2018

India’s largest public sector lender State Bank of India (SBI) has invested an undisclosed amount from its Neev Fund in...

News & Media

SBI capital neev fund invest in sunsource energy

16 Feb 2018

Private equity firm Neev Fund, which is backed by State Bank of India and UK’s Department for International Development, has...

News & Media

SBI capital neev fund invest in sunsource energy

16 Feb 2018

SBI Capital Neev Fund invests in SunSource Energy a leading provider of end-to-end solar project development and EPC services in...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

16 Feb 2018

This week, we have analyzed the Supreme Court’s recent ruling in M/s ONGC Mangalore Petrochemicals Ltd. v. M/s ANS Constructions...

News & Media

JSW steel seeks $1.5bWar Chest

15 Feb 2018

MUMBAI : JSW SteelNSE -0.88 %, the country’s most profitable major steel producer, plans to raise $1.5 billion, or about...

News & Media

Putting the real back in realty

14 Feb 2018

Not only has the sector welcomed a dedicated Affordable Housing Fund in the Union Budget 2018-19, but also the impetus...

Newsletters Banking & Finance

ELP | Legislative Alert | RBI – Revised Framework for Resolution of Stressed Assets

14 Feb 2018

RBI has introduced important changes to the framework for resolution of stressed assets. In relation to the same, please find...

News & Media

Funding Galore

10 Feb 2018

This week 27 Indian startups raised about $215 Mn in funding altogether and four startup acquisitions took place in the...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

9 Feb 2018

This week, we have analyzed the Supreme Court’s recent ruling in Kandla Export Corporation & Anr. v. OCI Corporation &...

Newsletters Corporate & Commercial

IBC | Legislative Alert | CIRP / Fast Track CIRP | Fair value, evaluation matrix to be disclosed | Modified timelines for information memorandum, resolution plans

8 Feb 2018

The Insolvency and Bankruptcy Board of India (“IBBI”) has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process...

News & Media

Food memories receives funds from 7 investors

7 Feb 2018

Ahmedabad based startup ‘FoodMemories’, a marketplace for authentic geographically unique Indian foods, has secured seed investment from a consortium of...

Newsletters Corporate & Commercial

IBC | Case Law Alert | Calcutta High Court rejects challenge to Section 7, 8 and 9| Recognises rationale and intelligible differentia for financial and operational creditor

7 Feb 2018

In a writ petition filed in the Calcutta High Court in the matter of Akshay Jhunjhunwala & Anr. Vs. Union of...

News & Media

India DealBook: Aviom India, Food memories raise funds; lenskart to invest more in John Jacobs

6 Feb 2018

While Aviom India Housing Finance and Food Memories have raised funds, online eyewear firm Lenskart is investing $4 million more in...

News & Media

Delhivery co-founders lead seed in foodtech startup Food Memories

6 Feb 2018

Ahmedabad based startup ‘FoodMemories’, a marketplace for authentic geographically unique Indian foods, has secured seed investment from a consortium of...

News & Media

Delhivery co-founders lead seed in foodtech startup Food Memories

5 Feb 2018

Ahmedabad-based FoodMemories, a marketplace for authentic geographically unique Indian foods has raised seed funding led by e-commerce focused logistics provider...

News & Media

Delhivery co-founders lead seed in foodtech startup Food Memories

5 Feb 2018

Ahmedabad-based FoodMemories, a marketplace for authentic geographically unique Indian foods has raised seed funding led by e-commerce focused logistics provider...

News & Media

Fail safe e-way bill urged after deferred rollout

2 Feb 2018

A day after the Centre deferred February 1 rollout of the e-way bill in the wake of ‘technological glitches’ that...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Alert

2 Feb 2018

This week, we analyze the Supreme Court’s recent verdict in Indian Farmers Fertilizer Co-operative Limited v. Bhadra Products. The issue...

News & Media

Budget 2018: Is there a hidden silver lining for the real estate sector

1 Feb 2018

There were no major direct announcements related to realty sector, in the Union Budget 2018-19. However, there is an expectation...

News & Media

Budget 2018, falls short of justifying fund utilisation

1 Feb 2018

While the budget 2018 is the fourth consecutive budget of the current government and the Honorable Finance Minister. It is...

News & Media

Union budget 2018, insolvency resolution

1 Feb 2018

With the success rate of bad debts recovery under the Insolvency Bankruptcy Code (IBC) at a low level, the government...

News & Media

Budget walks the tightrope with fewer changes to tax structure

1 Feb 2018

In the third Budget of the NDA, the Government has walked a tightrope by seeking to balance populist measures with...

Newsletters Corporate & Commercial

IBC | Case Law Alert | Apex Court requests Gujarat High Court to not debate on constitutional challenge to IBC / NCLT

26 Jan 2018

In an interim order passed by the Apex Court on 25 January 2018, in the matter of Shivam Water Treaters...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

25 Jan 2018

In this week’s update, we take a look at the judgment of the Delhi High Court (“Court”) in Parasramka Holdings...

Newsletters Corporate & Commercial

IBC | Legislative Alert | Enforcement of Insolvency and Bankruptcy Code (Amendment) Act, 2018

20 Jan 2018

The Insolvency and Bankruptcy Code (Amendment) Act, 2018, (available here) has received the President’s assent on 18 January 2018, and...

News & Media

Gov booster shot single brand retail gets mixed reactions

19 Jan 2018

In 2012, Swedish furniture major IKEA started doing research in India going from one household to another in different cities...

News & Media

Gov booster shot single brand retail gets mixed reactions

19 Jan 2018

In 2012, Swedish furniture major IKEA started doing research in India going from one household to another in different cities...

News & Media

Gov booster shot single brand retail gets mixed reactions

19 Jan 2018

In 2012, Swedish furniture major IKEA started doing research in India going from one household to another in different cities...

Sector Books/Booklets

Union Budget, 2018

18 Jan 2018

On behalf of ELP I am delighted to present our analysis of the Union Budget 2018-19, delivered by the Honourable...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

18 Jan 2018

This week we analyse the decision of the Supreme Court in the case of Inox Wind Ltd. v. Thermocables Ltd....

Newsletters Corporate & Commercial

IBC | Legislative Alert | 3 days for relationship disclosures by insolvency professionals and external professionals : IBBI

17 Jan 2018

In a strictly worded circular (available here) issued by the Insolvency and Bankruptcy Board of India (“IBBI”), issued on 16...

Newsletters Corporate & Commercial

IBC | Legislative Alert | IBBI’s clarifies on fees of Resolution Professionals

16 Jan 2018

In an important clarificatory circular (available here) issued by the Insolvency and Bankruptcy Board of India (“IBBI”), dated 16 January...

Newsletters Corporate & Commercial

IBC | Case Law Alert | Stay on winding-up order of the High Court will not deter rejection of Section 10 application: NCLAT

13 Jan 2018

The National Company Law Appellate Tribunal (“NCLAT”), in the matter of Ameya Laboratories Limited v/s Kotak Mahindra Bank Ltd. & Ors.,...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

12 Jan 2018

We had earlier examined the Supreme Court’s decision in Sri Chittaranjan Maity v. Union Of India (“Maity”). The SC held...

News & Media

GST Impact : Cost of homes gets cheaper

11 Jan 2018

Here is how home prices in various segments of the property market will be affected by the GST According to...

News & Media

Khaitan & Co winners of xth Edition of ELP Masters Cricket Cup 2017

10 Jan 2018

Khaitan & Co lifted the ELP Masters Cricket Cup trophy for the second time after defeating hosts and defending champions Economic...

News & Media

Khaitan & Co winners of xth Edition of ELP Masters Cricket Cup 2017

10 Jan 2018

Khaitan & Co bested Economic Laws Practice (ELP) and won the ELP Masters Cup Cricket Tournament on 7 January after three days of...

Newsletters Corporate & Commercial

FDI Alert | Liberalisation of FDI Policy

10 Jan 2018

The Union Cabinet has liberalised the foreign direct investment (FDI) policy (press release available here). Some of the key amendments...

Alerts & Updates Corporate & Commercial

Update on Companies (Amendment) Act, 2017

10 Jan 2018

The Companies (Amendment) Act, 2017, (“Amendment Act”) has received the President’s assent on 3 January 2018, after receiving the Rajya...

Alerts & Updates Competition Law & Policy

ELP Competition Law Update – Vol. 4 of 2017

9 Jan 2018

The October – December 2017 quarter has seen some interesting developments in the Indian Competition Law and regulatory space. ELP’s...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

8 Jan 2018

In our email alert last week, we had talked of the New Delhi International Arbitration Centre Bill, 2018 that has...

Newsletters Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

5 Jan 2018

The New Delhi International Arbitration Centre Bill, 2018 (“Bill”) (attached herewith) has been introduced in the Lok Sabha for establishing...

News & Media

Can India PharmaInc find its lost Mojo

5 Jan 2018

The Indian pharma industry has, over the course of the last few years, met with substantial headwind impeding its growth...

Newsletters Corporate & Commercial

Update | SEBI Board Meeting

5 Jan 2018

SEBI’s press release PR No: 68/2017 dated December 28, 2017 (available here) sets out certain decisions taken in its Board...

Sector Books/Booklets

The Companies (Amendment) Act, 2017

3 Jan 2018

The Companies (Amendment) Act, 2017, (“Amendment Act”) has received the President’s assent on 3 January 2018, after receiving the Rajya...

Newsletters Corporate & Commercial

IBC | Legislative Alert | IBBI directs resolution professional to not outsource responsibilities, ensure compliance with applicable laws, use registered address and number

3 Jan 2018

The Insolvency and Bankruptcy Board of India (“IBBI”) has issued three (3) circulars on the following obligations being imposed on...

Newsletters Corporate & Commercial

IBC | Legislative Alert | Liquidation value – timing of sharing, confidentiality obligations, amended | Expedited submission of resolution plans

2 Jan 2018

The Insolvency and Bankruptcy Board of India (“IBBI”) has amended the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016,...

News & Media

Brookfield-Kotak bids for Jaypees power assets

30 Dec 2017

The consortium submitted its bid to the committee of creditors and top executives gave a detailed presentation on operational and...

News & Media

Brookfield-Kotak bids for Jaypees power assets

30 Dec 2017

The consortium submitted its bid to the committee of creditors and top executives gave a detailed presentation on operational and...

News & Media

Brookfield-Kotak bids for Jaypees power assets

29 Dec 2017

MUMBAI: Canadian asset manager Brookfield  and the  Mahindra group have jointly bid for 2,200 megawatts of power assets belonging to Jaypee Power...

News & Media

The Decline of the WTO

20 Dec 2017

Trade ministers from around the world attended the once-in-two years World Trade Organization (WTO) ministerial in Argentina earlier this month....

News & Media

Supreme court ask drugs advisory body to decide fate over fate of over 334 banned combination medicines

15 Dec 2017

NEW DELHI: The Supreme Court has asked the country’s technical advisory body on drugs to decide on the fate of...

News & Media

Supreme court ask drugs advisory body to decide fate over fate of over 334banned combination medicines

15 Dec 2017

The Supreme Court has asked the country’s technical advisory body on drugs to decide on the fate of more than...

News & Media

NCLT approves resolution plan approved by 66.67% of creditors in value

8 Dec 2017

The National Company Law Tribunal, Bench at Hyderabad in the matter of K. Sashidhar versus Kamineni Steel & Power India...

News & Media

Promoters will look to settle out of court, post IBC tweak

4 Dec 2017

Stung by the latest amendments to the Insolvency and Bankruptcy Code (IBC), promoters will increasingly look to settle small disputes...

News & Media

Some promoters escape tight insolvency norms

27 Nov 2017

Promoters of at least four small companies managed to pass their resolution plans before New Delhi tweaked the bankruptcy code,...

News & Media

Exiled promoters may legally test ordinance baring their rebid

24 Nov 2017

Some of the promoters of companies facing insolvency proceedings may legally test the new ordinance on bankruptcy code, which has...

News & Media

Government need not consult statutory board to ban to ban combo drugs : Supreme Court

16 Nov 2017

The Supreme Court on Wednesday said the central government need not consult the statutory board on drugs before banning any...

News & Media

Paradise papers : Construction DSC defaulted ICICI bank turned to Appleby

8 Nov 2017

Construation major DSC Ltd (DS Construction Ltd), which bagged several road and railway projects including the Delhi-Gurgaon Expressway, obtained a...

News & Media

Paradise papers : Construction DSC defaulted ICICI bank turned to Appleby

8 Nov 2017

Construation major DSC Ltd (DS Construction Ltd), which bagged several road and railway projects including the Delhi-Gurgaon Expressway, obtained a...

News & Media

Are Low wind power terrifs sustainable?

6 Nov 2017

While the drop in wind power tariff to Rs2.64 per unit, at an auction conducted by Solar Energy Corp. of...

News & Media

India’s Biggest tax reform since its independence still need tweak

14 Oct 2017

Despite a raft of changes to India's new goods and services tax (GST), economists and businesses say further amendments to...

News & Media

India’s Biggest tax reform since its independence still need tweak

14 Oct 2017

Despite a raft of changes to India's new goods and services tax (GST), economists and businesses say further amendments to...

News & Media

Are low wind power tariffs sustainable?

6 Oct 2017

While the drop in wind power tariff to Rs2.64 per unit, at an auction conducted by Solar Energy Corp. of...

News & Media

Indian power majors embrace renewables

30 Sep 2017

Energy firms in India are increasingly diversifying to generate revenues from renewables in a effort to keep pace with the...

Sector Books/Booklets

The Indian Insolvency and Bankruptcy Regime

8 Sep 2017

The Government has been looking to take adequate action to improve the “ease of doing business ranking”, in addition to...

Sector Books/Booklets Data Protection

Data Protection & Privacy Issues in India

8 Sep 2017

Data surrounds us and is generated in virtually everything we do. One type is data that we may voluntarily share,...

News & Media

Small shareholders rise in Alembic

24 Jul 2017

In a precedent-setting move, small shareholders are pushing for a board seat in the country’s oldest pharmaceutical company — the...

News & Media

Brick-by-brick, a home of your own

17 Jul 2017

Originally intended for providing a roof over the head of every urban poor, the subsidy scheme under Pradhan Mantri Awas...

News & Media

A Month After RBI Directive, Banks Wade Through Insolvency Process

15 Jul 2017

On June 13, the Reserve Bank of India directed banks to refer 12 large stressed accounts for resolution under the...

News & Media

India’s retail banking poised for growth

15 Jul 2017

Manjula Shelar, a housewife from a small farming village in the Thane district of the state of Maharashtra in India,...

News & Media

GST may make international travel expensive

12 Jul 2017

Despite a lower tax rate under goods and services tax (GST), outbound international travellers may have to shell out more...

News & Media

With no GST breather, ready to move-in flats to cost more

2 Jul 2017

The consumers will have to shell out more for the ready to move-in flats under the GST system as developers...

News & Media

With no GST breather, ready to move-in flats to cost more

2 Jul 2017

The consumers will have to shell out more for the ready to move-in flats under the GST system as developers...

News & Media

With no GST breather, ready to move-in flats to cost more

2 Jul 2017

The consumers will have to shell out more for the ready to move-in flats under the GST system as developers...

News & Media

With no GST breather, ready to move-in flats to cost more

2 Jul 2017

The consumers will have to shell out more for the ready to move-in flats under the GST system as developers...

News & Media

With no GST breather, ready to move-in flats to cost more

2 Jul 2017

The consumers will have to shell out more for the ready to move-in flats under the GST system as developers...

News & Media

With no GST breather, ready to move-in flats to cost more

2 Jul 2017

The consumers will have to shell out more for the ready to move-in flats under the GST system as developers...

News & Media

With no GST breather, ready to move-in flats to cost more

2 Jul 2017

The consumers will have to shell out more for the ready to move-in flats under the GST system as developers...

News & Media

With no GST breather, ready to move-in flats to cost more

2 Jul 2017

The consumers will have to shell out more for the ready to move-in flats under the GST system as developers...

News & Media

Goods and services tax heralds a new economic era for India

1 Jul 2017

The roll-out of India's new goods and services tax (GST) is the latest bold economic change in a period of...

News & Media

Experts on GST

30 Jun 2017

How will GST impact the residential capital and rental markets in India? The effective rate of GST on sale of...

News & Media

Construction of real estate to attract 18% GST; home prices may not be impacted

30 Jun 2017

The government has notified the goods and services tax rate for construction of real estate at 18% as against 12%...

News & Media

Fast forward; GST set to transform face of Indian logistics industry

30 Jun 2017

India’s greatest tax reform - replacing an array of provincial duties with a nationwide goods and services tax - is...

News & Media

Fast forward; GST set to transform face of Indian logistics industry

30 Jun 2017

India’s greatest tax reform - replacing an array of provincial duties with a nationwide goods and services tax - is...

News & Media

Fast forward; GST set to transform face of Indian logistics industry

30 Jun 2017

India’s greatest tax reform - replacing an array of provincial duties with a nationwide goods and services tax - is...

News & Media

Fast forward; GST set to transform face of Indian logistics industry

30 Jun 2017

India’s greatest tax reform - replacing an array of provincial duties with a nationwide goods and services tax - is...

News & Media

Fast forward; GST set to transform face of Indian logistics industry

30 Jun 2017

India’s greatest tax reform - replacing an array of provincial duties with a nationwide goods and services tax - is...

News & Media

Bankruptcy route: Lenders find path ridden with thorns

29 Jun 2017

The Reserve Bank of India's latest provisioning diktat may force banks to opt for deeper haircuts or sell loans to...

News & Media

No GST on residential property rental income but housing cost surge may push up rents: Experts

29 Jun 2017

The real estate sector has historically been prone to litigation on several aspects, including but not limited to its taxability...

News & Media

Supply chain, infra not GST-ready: Small traders

26 Jun 2017

Ahead of the Goods and Services Tax (GST) implementation on July 1, small and medium traders have said they are...

News & Media

Easing license extension for drug makers, sellers

23 Jun 2017

In a push for greater ease of doing business in the country, the Central Drugs Standard Control Organisation (CDSCO) has...

News & Media

Easing licence extension for drug makers, sellers

23 Jun 2017

In a push for greater ease of doing business in the country, the Central Drugs Standard Control Organisation (CDSCO) has...

Sector Books/Booklets Projects, Infrastructure & Energy

Infrastructure in India

17 Jun 2017

The need for Infrastructure in India is essential on all three fronts: social, economic and political. In the first of...

News & Media

Sebi scanner on valuation paid under compulsory delisting

1 Jun 2017

The Securities and Exchange Board of India (Sebi) is training its guns at the promoters of companies that have been...

News & Media

LONG-DRAWN BATTLE ON CARDS – ED, Banks Claim Right Over Assets Pledged by Mallya

31 May 2017

ED set to move court to get confiscation order; won't be so simple, say banks Banks and the Enforcement Directorate...

News & Media

Life-saving drug prices may drop 2% under GST, pharma exporters to get a boost

23 May 2017

The goods and services tax (GST) will prove to be a big plus for pharma exporters. Companies that are importing...

News & Media

India aims to boost energy ties

22 May 2017

India is increasingly focusing on developing energy ties with surrounding countries, which is set to help to boost business opportunities...

News & Media

Disruption, An Opportunity To Excel

8 May 2017

How can we mitigate supply chain disruptions in the fast paced world? One must carefully understand its vulnerabilities and plan...

News & Media

India’s real estate law faces resistance

6 May 2017

India’s property market has long been troubled by unscrupulous developers and weak regulations. So it is no wonder that a...

News & Media

The unlikely panacea of indirect tax woes of Real Estate Industry

28 Apr 2017

Works contracts and real estate sector have always been characterised by unsettled Indirect tax positions and complexities. Adoption of different...

News & Media

Taxation of Ocean Freight: A Sail Through Choppy Waters

10 Apr 2017

Prior to 1st June, 2016, both, transportation of goods by vessels from outside India to India (‘the import leg’) and...

News & Media

GST In Logistics: A Game Changer

1 Apr 2017

With the introduction of Goods and Services Tax (GST), it will be a game-changer for the logistics industry. Currently, all...

Sector Books/Booklets

ELP Pharma Track 1st Quarter 2017

10 Mar 2017

The First Quarter of 2017 saw several announcements, policy statements and regulatory actions affecting the Pharma & Life Sciences Industry....

News & Media

India’s bilateral investment treaty negotiations – the stalemate and the way forward

3 Mar 2017

Recently, India announced that its Union Cabinet had approved signing of a new Bilateral Investment Treaty [BIT] with Cambodia, another...

News & Media

GTR Asia India Trade and Treasury Conference, 2017 Organized in Mumbai

28 Feb 2017

The GTR Asia India Trade and Treasury Conference, 2017 was organized on February 22, 2017, at Taj Lands End, Mumbai....

News & Media

Union Budget Lacks Depth, Say CFOs

3 Feb 2017

India’s CFO’s forum session of BW Businessworld’s post Budget 2017 panel discussion was held at Trident, BKC, Mumbai. There is...

News & Media

GST: wait till February 1, 2017?

13 Jan 2017

On the sidelines of Vibrant Gujarat Global Summit, Finance Minister Arun Jaitley has reiterated the intent to roll out GST...

News & Media

GST deadlock worsens due to demonitisation effect on state revenues

7 Jan 2017

The Goods and Services Tax Council (Council) met on 3rd and 4th January, 2017. Though some progress has been made at the meeting, various...

News & Media

Government considers centralised registration under GST

17 Dec 2016

Recent news-reports indicate that even under the GST regime the Government is considering the option for centralised registration for certain...

News & Media

Taxation of import of services – The series of sharp U-turns

5 Dec 2016

Position under Service tax law Imposition of Service tax on reverse charge basis was first introduced in the year 2002....

News & Media

GST in the week gone by

3 Dec 2016

The fifth meeting of the GST Council (“GSTC”) is underway, however, as per the inputs at the end of the first day...

News & Media

India’s New E-Service Tax Will Add To Woes Of Foreign Content Providers

1 Dec 2016

Starting today, a major indirect tax change could make e-services more expensive for individuals in India. The government will charge...

News & Media

GST Council meeting postponed

26 Nov 2016

The highlight of the week just ended with the postponement of the meeting of the GST Council (GSTC) from November...

News & Media

Draft GST Bills circulated to the States

19 Nov 2016

The three Draft GST Bills i.e. draft Central Goods and Service Tax Bill (‘CGST Bill’), the Integrated Goods and Service...

News & Media

Karnataka high court orders winding up of Kingfisher Airlines

19 Nov 2016

The Karnataka high court on Friday ordered the winding up of Vijay Mallya’s Kingfisher Airlines Ltd (KFA), in a case...

News & Media

On shaky ground

12 Nov 2016

The dispute between the Tata Group and Japan's NTT DoCoMo over the latter's exit from Tata Teleservices has taken yet...

News & Media

GST roll-out shall take place by Sept 16, 2017: Jaitley

12 Nov 2016

The Finance Minister recently indicated that while GST is aimed to be implemented from April 1, 2017, the roll out would have...

News & Media

Disclosure of price-sensitive info: Sebi examining relation between Tata Sons & companies

8 Nov 2016

The Securities and Exchange Board of India (Sebi) is doing a preliminary examination of the arrangement between Tata Sons and...

News & Media

GST Council sets rates, slabs fixed

7 Nov 2016

The two-day meeting (held on 03rd and 04th of November) of the Goods and Services Tax Council (GSTC) was able to build...

News & Media

Existing taxpayers need not enrol in the GST system portal

29 Oct 2016

Section 19 (Chapter 5) of The Model Goods and Service Tax Law provides for registration of every taxpayer within 30...

News & Media

GST: Old wine in a new bottle?

22 Oct 2016

All steps in last six months, taken towards embracing GST, an example of “cooperative federalism” at work, appear to stand...

News & Media

Slum rehabilitation projects: Things to ensure before purchase

7 Oct 2016

The State Government in Maharashtra has been implementing slum rehabilitation schemes for over decade with a presented view of providing...

News & Media

India’s most ambitious tax reform steaming ahead

7 Oct 2016

GST is considered to be India’s most ambitious tax reform and the Government of the say has made much progress...

News & Media

DGFT issues eligibility criteria for refund of TED

22 Sep 2016

DGFT vide Trade Notice No. 17/2016 dated 22.09.16 has clarified the eligibility of refund of Terminal Excise Duty (TED) paid...

News & Media

Agricultural land mortgage problems in India

16 Sep 2016

One of the most laborious and essential business in our country is agriculture. There are more than just a few...

News & Media

Three Years Of Modi Govt: Ideate, Inform And Implement

26 May 2016

In a 2012 interview published in Harvard Business Review, Gautam Mukunda, assistant professor in the Organisational Behaviour Unit of Harvard...

Sector Books/Booklets Litigation, Arbitration & Dispute Resolution

Arbitration & Conciliation Act, 1996

15 Aug 1996

In furtherance of the new economic policy, the Arbitration & Conciliation Act, 1996 (the “Act”) was first promulgated about 20...

Insights Tax

Anti-profiteering provisions under GST: Analysing the emerging paradigm

19 Nov 2018

Section 171 of the Central Goods and Services Tax Act, 2017 (“CGST Act”) mandates that any reduction in rate of...

Insights Policy & Regulation

ELP Update – Amendments to the Prevention of Corruption Act

19 Nov 2018

The Government has amended the Prevention of Corruption Act, 1988 (‘PC Act’) by enacting the Prevention of Corruption (Amendment) Act,...

Insights

IBC India Guide

19 Nov 2018

India’s jump from Rank 130 to Rank 100 in ease of doing business can be largely attributed to various legal...

Insights

EV Ecosystem

19 Nov 2018

Assisted the Government of India As a member of the Expert Committee formed by Ministry of Finance for Rationalization of...

Sector Books/Booklets Hospitality

Hospitality – Indian Legal Issues

19 Nov 2018

We are delighted to bring you ELP's guide to “Hospitality – Indian Legal Issues” which highlights the important Indian legal...

Sector Books/Booklets Litigation, Arbitration & Dispute Resolution

The Changing Landscape of Arbitration in India

19 Nov 2018

The law of arbitration in India has been evolving to complement the needs of India’s globalising economy. India’s intent to...

News & Media

Are home buyers secured financial creditors or unsecured creditors under IBC?

19 Nov 2018

On June 6, the Insolvency and Bankruptcy Code, 2016 (IBC) was amended through the Insolvency and Bankruptcy Code (Amendment) Ordinance,...

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