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ELP’s clients span Indian and overseas companies, government and regulatory bodies. Read more here
A recipient of several awards ELP has been consistently recognised for its work over the years. Read more here
ELP is a member of the Taxand global organisation, the world’s largest independent tax organisation.
Naresh Thacker and Ria Dalwani author an article for American Bar Association on the elevation of arbitration as the preferred mode of dispute resolution in India.
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Bhavin Gada and Naresh Thacker author the India chapter in Lexology’s Getting The Deal Through - M&A Litigation, 2019 guide.
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ELP authors the India Chapter for the Chambers and Partners Litigation Guide 2019.
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Naresh Thacker and Ria Dalwani co- author an article titled 'Enforcing a claim for liquidated damages in India: Key messages' for IBA.
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Sujjain Talwar, Aakanksha Joshi and Megha Agarwal co- author an article which examines the recent CCI ruling on OYO’s seemingly one-sided terms in its contracts.
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The effect of GST implementation is being felt on several other laws including the Customs Act, 1962. This article highlights via illustrations the strong interplay between GST and Customs in relation to international trade transactions.
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A landmark judgement was passed by the Hon’ble Supreme Court on November 15, 2019, in the matter of Committee of Creditors of Essar Steel India Limited (Appellant) vs. Satish Kumar Gupta & Ors (Respondents).
Read moreBusinesses today are facing immense challenges and doubts with regards to taxation in India. These range from macro to practical day - to day - issues in the direct, indirect, customs and litigation areas. Through this book we have tried to address the most recent and topical tax issues for businesses in India.
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The Supreme Court of India, recently decided on a contentious matter of a hotel guests' car being stolen from the premises of the hotel. The guest and the insurance company (with whom he had insured his car), filed a consumer complaint against the hotel for deficiency in service.
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Economic Laws Practice in association with Taxsutra, releases its second edition of the tax newsletter ‘Navigating GST 2.0’. This edition covers several topics including ‘ITC under GST’ and the issues of adopting the HSN system under GST.
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We are pleased to bring you ELP’s Mergers & Acquisitions Quarterly Update, which covers, amongst other topics, key regulatory amendments that impact the mergers and acquisitions (M&A) landscape in India.
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The growth of the online hotel booking sector has drawn the spotlight on several new issues which focus primarily on the on-going practices in the sector. Some of these issues have been raised before the Competition Commission of India (CCI), involving allegations against two key market players in the online hotel booking sector i.e. Oravel Stays Private Limited (OYO) and MakeMyTrip India Pvt. Ltd. (MMT), under two separate information. Read the detailed article here.
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While various industry sectors have come in the purview of anti-profiteering investigations, the real estate sector seems to be one of the most hard-hit sectors on this front. The increasing number of investigations on passing the benefit of tax credit by a developer to a customer and several differences of opinion between the developers and the National Anti-Profiteering Authority (‘NAA’) (in regards to the manner of computation of profiteering) is a testimony to this growing disconnect between the real estate industry and the NAA. Read the detailed article here.
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The Government of India has introduced various consumer-centric initiatives with businesses now increasingly being at the receiving end of consumer-centric actions and notices from the authorities. Set against this context, this article highlights the new Consumer Protection Act, 2019 (CPA) (which is set to be notified) and - more importantly- what corporate India needs to be mindful of.
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We are pleased to share with you the latest edition of our Competition Law update, where we cover some of the significant legal, regulatory and policy developments in India’s competition regime over the last quarter (October – December 2019). This quarter witnessed some interesting developments with the Competition Commission of India (CCI) ordering an investigation against the conduct of GMR Hyderabad International Airport Limited on allegations of abuse of dominance. The newsletter also analyzes the dismissal of allegations of price cartelization amongst LPG cylinder manufacturers by the CCI (with the CCI recognizing the monopsony nature of the market ). Interestingly, the CCI has now amended the extant regulations to inter alia discourage forum shopping and assess confidentiality status of informants. In our "ELP Insights" section of this update, we have assessed CCI’s recent engagement with the dynamic market of the online hotel booking sector. We have also covered recent updates on green channel approvals and a recent Delhi High Court clarification that freely negotiated contracts would be vital to determine contravention of Section 3 or 4 of the Act. We trust you will find this information useful.
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We welcome you to the latest edition of ELP Knowledge Series, a quarterly analysis of curated topics pertaining to critical legal and regulatory developments that can create risk for businesses in India.In the last quarter, most notably, the Supreme Court of India has settled the corporate bankruptcy process in India through its landmark decision in the Essar Steel – Arcelor Mittal case.
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