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Thought Leadership

News & Media Real Estate

Odyssey Of Purchase Of Agricultural Lands In Maharashtra

21 Sep 2021

ELP’s Babu Sivaprakasam, Aditya Khadria and Rahul Veera in their article for Business World discuss the regulatory changes in the...

News & Media Competition Law & Policy

Importance of Disclosures Before The CCI And Key Takeaways

21 Sep 2021

Abhay Joshi (Partner), Sahil Khanna (Senior Associate)and Ketki Agarwal (Associate) from ELP recently authored an article on ‘Importance of Disclosures...

Newsletters International Trade

TradeWatch Weekly Bulletin

20 Sep 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Tax

45th GST Council Meeting Highlights

18 Sep 2021

Per Section 8(1) of Goods and Services Tax (Compensation to States) Act, 2017, the GST Compensation cess was expected to...

News & Media Tax

GST Meet on Friday: Petrol, Zomato, Swiggy, Edible Oil, What Could Be Costlier or Cheaper

17 Sep 2021

ELP’s Adarsh Somani (Partner) has been quoted by News18 in their article titled ‘GST Meet on Friday: Petrol, Zomato, Swiggy,...

News & Media Projects, Infrastructure & Energy

A New Pipeline for Infrastructure

15 Sep 2021

ELP’s Aakanksha Joshi’s article titled “A new pipeline for infrastructure” has been published in HBL. The article talks about how...

ELP Knowledge Series Banking & Finance

ELP Knowledge Series – Part 2 of 2021

15 Sep 2021

‘India Update – Part 2 of 2021’ is the latest addition to the ELP Knowledge Series. This document is intended...

News & Media Hospitality

Guest Data – Right to be forgotten

25 Sep 2021

Economic Laws Practice (ELP)’s Aakanksha Joshi (Partner) and Megha Agarwal (Principal Associate) in their article titled ‘Guest Data – Right to be forgotten’

Newsletters Tax

Tax Newsletter

14 Sep 2021

Long-term capital loss on sale of shares purchased at a premium held to be genuine

Newsletters International Trade

TradeWatch Weekly B ulletin

13 Sep 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

News & Media Banking & Finance

IBC @ 5 Plays Saviour to 396 Corporates

10 Sep 2021

Dhrupad Vaghani has been quoted in The Hindu Business Line in their article on ‘IBC @ 5 plays savior to...

News & Media International Trade

EU’s “Carbon Border Tax”: Implications for WTO & Developing Countries

10 Sep 2021

Economic Laws Practice (ELP)’s Sanjay Notani and Naghm Ghei in their article ‘EU’s “Carbon Border Tax”: Implications for WTO & Developing Countries’ on ET Edge...

News & Media Tax

PLI scheme for textiles: Rs 10,683 crore scheme to help MSMEs invest, export, employ more: Experts

8 Sep 2021

ELP’s Partner Adarsh Somani speaks of the PLI the scheme for textiles and how by design the scheme does not...

News & Media Tax

Union Cabinet approves Rs 10,683-crore PLI scheme for textile sector

9 Sep 2021

Economic Laws Practice (ELP)’s Adarsh Somani has been quoted in Business Standard in its article on ‘Union Cabinet approves Rs...

Newsletters International Trade

TradeWatch Weekly Bulletin

7 Sep 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

SEBI issues the modalities for implementation of Accredited Investors’ framework

2 Sep 2021

SEBI had recently introduced the concept of accredited investors (AIs) in the securities market, and accordingly, carried out certain changes...

Newsletters International Trade

TradeWatch Weekly Bulletin

31 Aug 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

Important update from MCA and IFSC

26 Aug 2021

MCA has issued a comprehensive set of seventy two (72) FAQs in supersession of its earlier FAQs and has also...

News & Media Litigation, Arbitration & Dispute Resolution

What FDA full approval to Pfizer-Bio Ntech vax means

25 Aug 2021

The US Food and Drug Administration (USFDA) has given full approval to the Pfizer-BioNTech Covid-19 vaccine for people aged

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Non-signatories to Arbitration Agreement may be bound by the Foreign Award

25 Aug 2021

In Gemini Bay Transaction Pvt. Ltd. v. Integrated Sales Services Ltd. & Anr. the Supreme Court of India (SC) dealt...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Supreme Court enforces an emergency arbitrator’s order in an India seated arbitration under SIAC rules – Amazon.Com NV Investment Holdings LLC V. Future Retail Limited & Ors

21 Aug 2021

Addressing the question of whether an order passed by an emergency arbitrator is enforceable under the Arbitration and Conciliation Act...

News & Media Tax

Exporters unhappy with tax rebate rates under government’s RoDTEP scheme

18 Aug 2021

Economic Laws Practice (ELP)’s Partner, Rohit Jain has been quoted in Moneycontrol article on the RoDTEP scheme.

News & Media Tax

New duty remission scheme to cover 8,555 items at an outlay of ?12,450 cr

18 Aug 2021

Rohit Jain and Gourav Sogani, Partners at Economic Laws Practice (ELP) have been quoted in Business Line (aka The Hindu...

News & Media Tax

Govt announces RoDTEP rates for exporters; outlay Rs 12,454 cr in FY22

18 Aug 2021

Rohit Jain, Senior Partner, Economic Laws Practice (ELP) has been quoted in Business Standard article on the much-awaited guidelines and...

News & Media Tax

RoDTEP scheme : Govt announces Rs. 12,400 crore outlay for tax refund of 8,555 export products

17 Aug 2021

Rohit Jain, Senior Partner, Economic Laws Practice (ELP) has been quoted in today's moneycontrol.com article on the RoDTEP Scheme announced by the...

Alerts & Updates Tax

Remission of Duties & Taxes on Export product

18 Aug 2021

The much-awaited rates for Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme under Chapter 4 of the Foreign...

News & Media Data Protection

Bombay HC’s interim order on IT Rules provides relief to digital media

16 Aug 2021

Economic Laws Practice (ELP) Partner, Abhishek Sanyal has been quoted in LiveMint in an article on Bombay HC’s interim order on IT Rules, which has...

News & Media Tax

Auto sector fears higher GST rate on certain parts after Supreme Court ruling

16 Aug 2021

Economic Laws Practice (ELP)’s Rohit Jain has been extensively quoted in today’s The Economic Times in an article “Auto sector fears higher GST rate...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Hon’ble Delhi High Court Decision In Petitions Filed By Importers/Exporters Seeking Waiver Of Penal Demurrage Charges And Detention Charges During The Period Of Lockdown Due To Covid 19 – Polytech Trade Foundation v/s Union of India and others

17 Aug 2021

Consequent to COVID-2019 pandemic, the Central Government announced a nationwide lockdown in March 2020. The same caused considerable disruption in...

News & Media Tax

Analysing the Contours of UN Tax Solution

12 Aug 2021

Nishant Shah, Partner, Economic Laws Practice (ELP) & Kazim Rizvi, Founder, The Dialogue have authored an article

News & Media Tax

Country of origin’ crackdown continues

11 Aug 2021

Economic Laws Practice (ELP)'s Nishant Shah has been quoted in LiveMint in an article on the ‘Country of Origin’ issues...

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy digest – July 2021

10 Aug 2021

In order to achieve the objective of Atmanirbhar Bharat, the Union Cabinet approved a scheme to provide INR 1,624 crores...

Alerts & Updates Corporate & Commercial

Overseas investment norms to be rationalized | Regulatory framework for Independent directors, debt securities and non-convertible preference shares | MCA eases issuance of securities in IFSC by foreign companies (Key changes by RBI, SEBI, MCA)

11 Aug 2021

RBI has proposed rationalisation of overseas investment regulations under Foreign Exchange Management Act, 1999 (FEMA), and has released following draft...

Newsletters Tax

Tax Newsletter – July 2021

11 Aug 2021

Taxpayer was issued a notice under Section 142(1) of the Income-tax Act (IT Act), to which the petitioner replied and...

Insights Corporate & Commercial

Representations, Warranties, Indemnities and Insurance in M&A

12 Aug 2021

Economic Laws Practice (ELP)’s Sujjain Talwar and Aakanksha Joshi have co-authored a chapter on Representations, Warranties, Indemnities and Insurance in...

Insights Litigation, Arbitration & Dispute Resolution

The Unusual Case of Dirk India

17 Apr 2021

Section9 of the Arbitration and Conciliation Act 1996 (her einafter Arbitration Act), is a necessary provision

Newsletters International Trade

TradeWatch Weekly Bulletin

9 Aug 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Tax

Withdrawal of retrospective indirect transfer amendment

9 Aug 2021

Withdrawal of retrospective amendment in relation to indirect transfer, not to apply to transactions before May 28, 2012: Taxation Laws...

News & Media Tax

Intra Company Supplies – The Undefined Issue under GST

9 Aug 2021

When GST was introduced in 2017, an area of taxation which failed to be addressed was the taxability of intra-entity...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

CASE COMMENT: ORISSA HIGH COURT’S JUDGEMENT IN OSRTC v. ABTPL, 2021 SCC OnLine Ori 898

3 Aug 2021

In Odisha State Road Transport Corporation v. ARSS Bus Terminal Pvt. Ltd.1 , the Respondent was able to secure a...

Alerts & Updates International Trade

Simplification of existing formats and relaxation in compliance burden in Trade Remedy Investigations

2 Aug 2021

The Directorate General of Trade Remedies (DGTR) on July 29, 2021 issued multiple Trade Notices amending the existing questionnaire formats...

Newsletters International Trade

TradeWatch Weekly Bulletin

2 Aug 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

SC judgement on amendment of Plaint

2 Aug 2021

The issue concerns the interpretation of the proviso to Order 7 Rule 11 Civil Procedure Code, 1908 (CPC) i.e. once...

Newsletters International Trade

TradeWatch: Weekly Bulletin

5 Jul 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Banking & Finance

Claim Period Under Bank Guarantees

29 Jul 2021

We bring to you an important Banking & Finance update. There has been a significant judgement (Judgement) by the Hon’ble...

Newsletters Competition Law & Policy

ELP Quarterly Update – Competition law policy Q2 of 2021

27 Jul 2021

The CCI approves the Reliance Retail and Future Group Transaction

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Supreme Court: Can the court modify an Award in an application under section 34 of the Arbitration and Conciliation Act, 1996?

26 Jul 2021

Recently, the Supreme Court considered whether the power of a court under Section 34 of the Arbitration and Conciliation Act,...

Newsletters International Trade

TradeWatch Weekly Bulletin

26 Jul 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates International Trade

Clarification of Electronics and Information Technology Goods (Requirement of Compulsory Registration) Order, 2021

21 Jul 2021

We write to you with an important update on Bureau of Indian Standards (BIS) certification in India

News & Media Hospitality

Relief to Hotels in Maharashtra

20 Jul 2021

Aakanksha Joshi, Partner and Megha Agarwal, Principal Associate in their article with HospitalityBiz India online discuss

Alerts & Updates Competition Law & Policy

CCI eases regulatory compliance, recapitulates the practice of signing pleadings by any authorized employee | Memorandum on Cooperation between CCI and JFTC

20 Jul 2021

Acknowledging the difficulties faced by enterprises, the Competition Commission of India (CCI) has issued a notification dated July 1, 2021...

Newsletters International Trade

TradeWatch Weekly Bulletin

19 Jul 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

News & Media Corporate & Commercial

Is ESG the new non financial factor impacting financials

19 Jul 2021

With a significant shift in global trends towards a stakeholder-centric governance structure, investors are recognizing the importance of assimilating non-financial...

News & Media Tax

Taxation of Virtual Currencies in India: an Insight

19 Jul 2021

In their article for Jindal Global Law School's (JGLS) inaugural blog, Stella Joseph and Yash K Desai discuss income tax...

News & Media Corporate & Commercial

The Interplay Between CSR and ESG Norms: What India Inc and Investors Need to Focus on

14 Jul 2021

With sustainable and impact investing gaining traction, ESG is picking up pace as an important tool for investors to identify...

Alerts & Updates

SC clarifies application of Limitation Act

15 Jul 2021

In the present set of cases, the Hon’ble Supreme Court (SC) determined two important questions with respect to arbitration proceedings...

Newsletters Projects, Infrastructure & Energy

Infrastructure & Energy Digest (June 2021)

15 Jul 2021

The Department of Heavy Industry (DHI) vide its notification dated June 11, 2021 has partially modified the Scheme for Faster...

News & Media Tax

Digital Taxes | Uncertainty shrouds India’s equalisation levy

14 Jul 2021

In their article for Moneycontrol, ELP’s Kumar Visalaksh and Arihant Tater discuss India’s recent decision to be part of the...

News & Media Tax

All expenditure of VC Funds including Carried Interest to carry GST – A major setback to the Industry

14 Jul 2021

The recent CESTAT Bangalore ruling in ICICI Econet and Internet Technology Fund [TS-290-CESTAT-2021-ST] that ‘carried interest’ - which is a...

Alerts & Updates International Trade

Suggestions are invited for review of Customs exemption notifications

13 Jul 2021

During her budget speech earlier this year, the Finance Minister, Mrs. Nirmala Sitharaman, had announced that a further review of...

News & Media Tax

Slashed GST rates on COVID-related items: The stakeholder view

12 Jul 2021

Economic Laws Practice ’s Kumar Visalaksh has been quoted by Express Pharma in their article

News & Media Projects, Infrastructure & Energy

Deepening Uncertainty of Solar Power Contracts

12 Jul 2021

The solar sector has been beset with challenges over the last few years, especially with respect to withdrawn or quashed...

Alerts & Updates Corporate & Commercial

Special provisions for delisting of listed subsidiary | SEBI seeks revamp of superior voting rights shares norms | IFSCA amends Bullion Exchange Regulations & prescribes process for framing regulations

8 Jul 2021

The following changes/proposals have been made by SEBI, MCA and the International Financial Services Centres Authority (IFSCA)

Alerts & Updates

Proposed E- commerce rules dissected

25 Jun 2021

The Consumer Protection (E-commerce) Rules, 2020 (E-comm Rules) were notified in July 2020 with the aim to accommodate and regulate...

Newsletters Tax

Tax Newsletter: June 2021

7 Jul 2021

The taxpayer, a resident company had invested in two overseas subsidiaries in Netherlands and Brazil to further its business. These...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Delhi High Court’s take on Agreements entered into with Foreign States

5 Jul 2021

In KLA Const. Technologies Pvt. Ltd. v. The Embassy of Islamic Republic of Afghanistan and Matrix Global Pvt. Ltd. v....

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Bombay Hon’ble High Court set aside an Arbitral Award vitiated by Patent Illegality

5 Jul 2021

In Board of Control for Cricket in India v. Deccan Chronicle Holdings Ltd.1 , the Bombay High Court(“Hon’ble High Court”)...

News & Media Hospitality

What are the duties of directors in ailing hotel companies?

30 Jun 2021

ELP’s Sujjain Talwar (Senior Partner) and Megha Agarwal (Principal Associate) have authored an article on for ET Hospitality

Alerts & Updates Corporate & Commercial

Key Changes by SEBI – June 29, 2021

30 Jun 2021

SEBI revises regulatory framework for Independent Directors | Introduces concept of well informed investors - accredited investors | Introduces various...

Alerts & Updates Corporate & Commercial

AIFs in IFSC – IFSCA exempts sponsor /manager commitment and allows investment in mutual funds

29 Jun 2021

In a move to facilitate investments in International Financial Service Centre (IFSC) and attract foreign funds to relocate and set...

News & Media Tax

India’s Consumer Protection Rules: What Foreign E-Commerce Entities Need To Be Cognisant Of

29 Jun 2021

Digital/e-commerce players are facing scrutiny from multiple regulatory check-points in India, a trend which is mirroring the global current in...

Newsletters International Trade

TradeWatch Weekly Bulletin – June 28 2021

28 Jun 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

SEBI – Key alerts

26 Jun 2021

SEBI attempts to ease M&A involving open offer and delisting | AIF norms for investments by an AIF into other...

Alerts & Updates Corporate & Commercial

MCA allows holding of virtual EGMs till December 31, 2021 | SEBI gives relax ation for employee benef its

25 Jun 2021

In another breather to the industry in transacting matters MCA has allowed holding of extraordinary general meetings (EGMs) vide video...

News & Media Tax

The UN’s recent step to kickstart Global Taxation of the Digital Economy

23 Jun 2021

The Dialogue and Economic Laws Practice released a white paper titled “Taxation of the Digitalized Economy..

Events & Webcast International Trade

Mid-Year Global Trade Review

30 Jun 2021

ELP has been invited by OCR is pleased to invite you for its ‘First Annual Mid-Year Global Trade Review’ webinar...

Events & Webcast Tax

The IFSC Framework: How can funds benefit?

24 Jun 2021

ELP in partnership with IVCA is pleased to invite you for its upcoming webinar on “The IFSC Framework – How...

News & Media Projects, Infrastructure & Energy

What recourse do Hyatt Regency Mumbai employees have?

12 Jun 2021

Economic Laws Practice (ELP)'s Sujjain Talwar, Co-founding Partner and Megha Agarwal,

News & Media Projects, Infrastructure & Energy

Reliefs to Hotels in Maharashtra

8 Jun 2021

Economic Laws Practice (ELP)’s Aakanksha Joshi, Partner and Megha Agarwal, Principal Associate

News & Media Tax

RoDETP hits a roadbump

5 Jun 2021

Merchandise Exports from India Scheme (MEIS) which was floated under the Foreign Trade Policy

News & Media Litigation, Arbitration & Dispute Resolution

Section 482 – the inherent power but with circumscription

3 Jun 2021

Economic Laws Practice (ELP)’s Naresh Thacker, Partner and Rajashree Ram, Principal Associate in their article

Alerts & Updates Tax

ELP Update on Integrated Goods and Services Tax Act, 2017

21 Jun 2021

Constitutional validity of section 13(8)(b) and section 8(2) of Integrated Goods and Services Tax Act, 2017 dealing with place of...

Newsletters International Trade

TradeWatch Weekly Bulletin

21 Jun 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Banking & Finance

Liquidity Window for contact intensive sectors

7 Jun 2021

The Reserve Bank of India (RBI) vides its Press Release No. 2021-2022/319 dated June 04, 2021, released a statement setting...

Newsletters International Trade

Trade Watch Weekly Bulletin

5 Jun 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Newsletters International Trade

Trade Watch Weekly Bulletin

13 Jun 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

MCA’s breather to transact business by virtual means

16 Jun 2021

In an important move and as a relief to the industry in transacting matters, MCA has allowed certain restricted board...

Sector Books/Booklets Tax

Taxation of the Digitalized Economy

15 Jun 2021

The emergence of new technologies and its application in a variety of systems has led to challenges with respect to...

Alerts & Updates Corporate & Commercial

New Delisting Regulations notified | MCA details consequences of failure to disclose SBO | IFSCA clarifies on ancillary services and suggests changes to Bullion Exchange Regulations

14 Jun 2021

SEBI has notified the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021, on June 10, 2021...

Newsletters Tax

Tax Newsletter – May 2021

4 Jun 2021

The Madras High Court has set aside an assessment order passed under the Faceless Assessment Scheme on the grounds that...

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest (May 2021)

4 Jun 2021

National Bank for Financing Infrastructure and Development receives assent of the President of India

Alerts & Updates Corporate & Commercial

Relocation of foreign funds to IFSC GIFT City – Tax Incentives | Loans, guarantees, etc to promoter entities to be disclosed as part of corporate governance | AIFs, VCFs given breather for regulatory filings

3 Jun 2021

In order to make Gujarat International Finance Tec-City (GIFT), India's first International Financial Services Centre (IFSC), a global financial hub

News & Media Tax

Implementing HSN 2022 – The countdown begins

26 May 2021

The World Customs Organization (WCO) adopted the 7th Edition of Harmonized System (HS 2022) in June 2019 and accepted it...

News & Media Tax

GST Considerations vis-à-vis CSR Expenditure

24 May 2021

Economic Laws Practice (ELP)’s Adarsh Somani, Partner and Mohammad Asif Mansoory, Associate Director in their

News & Media Tax

Classification of Parts & Accessories – A Conundrum in the Waiting

31 May 2021

The issue of classification of parts and accessories has always been a bone of contention which has plagued a plethora...

Newsletters International Trade

Tradewatch weekly bulletin

29 May 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Tax

GST Update – Recommendations of 43rd GST Council Meeting

30 May 2021

Exemption from IGST on import of COVID related goods such as medical oxygen, oxygen concentrators and other oxygen storage.

News & Media International Trade

International Trade and Commercial Transactions Global Guide – International trade in goods and services in India: An overview

28 May 2021

Economic Laws Practice (ELP)’s Sanjay Notani, Partner, Abhishek Sanyal, Partner and Naghm Ghei, Senior Associate have authored an article on...

News & Media International Trade

International Trade and Commercial Transactions Global Guide – Sale and storage of goods in India: An overview

26 May 2021

Economic Laws Practice (ELP)’s Sanjay Notani, Partner, Abhishek Sanyal, Partner and Daryl Menezes, Associate have authored an article on ‘Sale...

News & Media Litigation, Arbitration & Dispute Resolution

BOCWW cess is payable only in respect of cost of construction and not on supply or erection scope of works

24 May 2021

There has always been a lingering controversy on whether the Building and Other Construction Workers’ Welfare Cess (BOCWW Cess) will...

News & Media Tax

Interest on delayed payment of consideration qua imported goods, subject to GST?

28 May 2021

Determination of value is a crucial factor in the judicious levying of indirect taxes. One such aspect is interest/penalty/late fee...

Alerts & Updates Corporate & Commercial

Changes to AIFs investment regime | SEBI increases overseas investment limit to USD 1500 million | Sponsor Contribution to an AIF set up in overseas jurisdiction, including IFSCs

25 May 2021

In order to offer greater flexibility to SEBI registered Alternative Investment Funds (AIFs) and Venture Capital Funds (VCFs) in overseas...

News & Media Litigation, Arbitration & Dispute Resolution

Airlines, passengers, crew face the heat for COVID-19 cases, legal eagles divided on blame/liability

22 May 2021

Air India, Vistara and other Indian airlines have suffered after authorities in Italy and Hong Kong found COVID-19 cases among...

News & Media Tax

When “shall” can be read as directory in Tax Statutes

22 May 2021

Blurb for landing page – It is well-settled that charging provisions of tax statutes are to be interpreted in a...

Newsletters International Trade

TradeWatch Weekly Bulletin -May 22, 2021

22 May 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

SEBI proposes NCS Regulations

22 May 2021

In a move to streamline the regulatory framework dealing with issuance and listing of debt securities and non-convertible preference shares,

Alerts & Updates Corporate & Commercial

Recent SEBI & MCA announcements

22 May 2021

In a move to streamline the regulatory framework dealing with issuance and listing of debt securities and non-convertible preference shares,

News & Media Litigation, Arbitration & Dispute Resolution

Enforcement: The Indian conundrum

19 May 2021

Circa 1872, the Privy Council in ‘General Manager of the Raja Durbhunga’ observes that the tribulations of a litigant in...

Newsletters

Manual of Key Judicial Pronouncements – Alcobev Sector

19 May 2021

The constitutionality of various rules issued under the Karnataka Excise Act,1965 were challenged. The issues raised before the Hon’ble Supreme...

Alerts & Updates Corporate & Commercial

SEBI’s proposals on Gold Exchange and revision to Promoter Regime

18 May 2021

In a major move towards growing India’s bullion trading market, SEBI has issued a consultation paper proposing framework for a...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Litigation Update – SC holds that BOCWW Cess is payable only in respect of cost of construction and not on supply or erection scope of works

15 May 2021

In the infrastructure sector or the construction industry, the responsibility of bearing taxes, duties, levies and cesses is generally thrust...

Newsletters International Trade

Trade Watch Weekly Bulletin

15 May 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

News & Media Tax

The Never Ending Classification Syndrome

12 May 2021

A perpetual subject of dispute under the Indian tax laws, has been the classification of goods. Ranging from the age...

Newsletters Tax

Tax Newsletter March 15-March 2021

15 Mar 2021

The taxpayer, a non-resident holding a British passport had sold 25% shareholding in a private limited company. The deductor at...

Newsletters Tax

Tax Newsletter April 2021

30 Apr 2021

The Petitioner is a trader in raw rubber sheets. In the course of the business, the Petitioner purchased goods from...

Newsletters Projects, Infrastructure & Energy

Infrastructure & Energy Digest – April 2021

12 May 2021

Government has announced PLI Scheme for 13 Target Sectors, including High Efficiency Solar Photo Voltic (PV) Modules.PLI Scheme for Solar...

Alerts & Updates Corporate & Commercial

SEBI’s Recent Amendments

12 May 2021

SEBI has announced slew of measures in the context of corporate governance norms, boosting the start-up ecosystem and Innovators Growth...

Alerts & Updates Corporate & Commercial

SEBI prescribes ESG Disclosures

11 May 2021

As you are aware, SEBI has recently introduced new sustainability reporting requirements including environment, social and governance (ESG) parameters under...

Newsletters Policy & Regulation

Manufacturing and other operations in bonded warehouses

10 May 2021

Bonded warehouse is a facility wherein imported goods are stored under customs control in a designated place/ warehouse. Customs duty...

Newsletters International Trade

TradeWatch Weekly Bulletin

8 May 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

MCA’s clarification on CSR due to the resurgence of COVID-19 pandemic

6 May 2021

MCA has clarified that spending of corporate social responsibility (CSR) funds for the following activities will be eligible CSR activities...

Alerts & Updates Corporate & Commercial

MCA & SEBI grant certain relaxations due to resurgence of COVID-19 pandemic

4 May 2021

Gap between two board meetings extended under the Companies Act, 2013 (CA2013) Relaxation of provisions relating to the payment of...

Alerts & Updates Corporate & Commercial

ELP – Corporate Update – SEBI’s new norms on mutual fund industry – SEBI relaxes compliances norms – FAQs on Insider Trading and CSR

30 Apr 2021

Certain important changes have been notified by SEBI related to the mutual fund industry. Additionally, SEBI has also provided relaxations...

News & Media Securities Laws & Capital Markets

One Code To Rule Them All – Asian Legal Business India

28 Apr 2021

In India’s 2021 budget, Finance Minister Nirmala Sitharaman proposed merging the four acts that presently govern capital markets and securities,...

News & Media Tax

ELP – Bloomberg Quint – GST Anti-Profiteering: The Methodology Conundrum

27 Apr 2021

In GST, National Anti-profiteering Authority (NAA) has an innocuous mandate – to ensure that businesses pass on the benefit of...

ELP Knowledge Series Corporate & Commercial

ELP – Knowledge Series – Part 1 of 2021

27 Apr 2021

The Knowledge Series covers many developments over the recent past which will have an impact on companies doing business in/with...

Alerts & Updates Corporate & Commercial

Setting up makeshift hospitals/temporary COVID facilities notified as CSR activity | SEBI relaxation on rights issue opening upto September 30, 2021

23 Apr 2021

In continuation of its earlier MCA General Circular dated March 23, 2020 which clarified that spending of corporate social responsibility...

Alerts & Updates International Trade

BIS Update – Extension of Mandatory Certification for Additional Chemical Products

26 Apr 2021

We are writing to you with an important update regarding mandatory registration requirements applicable to imports of certain products into...

Newsletters International Trade

TradeWatch weekly bulletin

26 Apr 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Policy & Regulation

Production Linked Incentive Scheme

21 Apr 2021

Each PLI Scheme specifies conditions and qualifying criterion for eligibility. Qualifying parameters across notified PLI Schemes are similar, with threshold...

Sector Books/Booklets Corporate & Commercial

Infrastructure Book

20 Apr 2021

Challenging circumstances have unfolded in the wake of the Covid-19 pandemic. Although there are echoes in plagues and the spread...

Newsletters Competition Law & Policy

Quarterly Update – Competition law & policy- Q1 of 2021

20 Apr 2021

On January 20, 2021, the Competition Commission of India (CCI) approved the proposed acquisition by Flipkart Investments Private Limited (Flipkart)...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Is your arbitration agreement novated? Arbitrator, not the court, will decide

20 Apr 2021

SUPREME COURT APPOINTS ARBITRATOR AND REFUSES TO ENTERTAIN OBJECTIONS OF NOVATION OF AGREEMENT STATING THAT THOSE ARE MATTERS FOR AN...

Alerts & Updates International Trade

BIS Update: Mandatory Certification for Additional Products

19 Apr 2021

The Government of India has on 15th and 16th April 2021 notified proposed Quality Control Orders for certain products.

News & Media Tax

Taxation is too taxing for the subcontractors

14 Apr 2021

The use of sub-contracting or co-contracting is typically a part of the strategy of most complex projects, especially in the...

News & Media Tax

Taxes on employee perquisites & emoluments – A match not made in heaven

13 Apr 2021

The Authority for Advance Ruling (‘AAR’) under the service tax regime, in case of a Global Investment Banking company, while...

News & Media Tax

Battle over Interest Intensifies

19 Feb 2020

News & Media Tax

A Curious Case of ‘Cess’

20 Oct 2020

News & Media Litigation, Arbitration & Dispute Resolution

The Unusual Case of Dirk India

21 Sep 2021

Section 9 of the Arbitration and Conciliation Act 1996 (hereinafter Arbitration Act), is a necessary provision, permitting a party to...

Newsletters International Trade

TradeWatch Weekly Bulletin April 17, 2021

17 Apr 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly-update – Chintels India Ltd. v. Bhayana Builders Pvt. Ltd

16 Apr 2021

SUPREME COURT: REFUSAL TO SET ASIDE AN ARBITRAL AWARD SINCE DELAY HAS NOT BEEN CONDONED UNDER SECTION 34 (3) WOULD...

Alerts & Updates Tax

Tax Newsletter – March 15 – 31, 2021

15 Mar 2021

The taxpayer, a non-resident holding a British passport had sold 25% shareholding in a private limited company. The deductor at...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly-update – Bharat Sanchar Nigam Ltd. & Anr. v. Nortel Networks India Pvt. Ltd.

12 Apr 2021

Nortel Networks India Pvt. Ltd. (Nortel) undertook certain works for Bharat Sanchar Nigam Ltd. (BSNL) under a purchase order. On...

Newsletters International Trade

TradeWatch weekly bulletin

11 Apr 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest – March 2021

9 Apr 2021

Public Procurement to provide for Purchase Preference in respect of Renewable Energy Sector.

Alerts & Updates Corporate & Commercial

Cat-I AIFs allowed as Qualified Buyers | Reporting norms changes for AIFs | ECBs proceeds can be parked in term deposits for additional period of 12 months

9 Apr 2021

In order to further enhance the ambit of qualified buyers under the Securitisation and Reconstruction of Financial Assets and Enforcement...

News & Media Litigation, Arbitration & Dispute Resolution

Analysing the Interplay between IBC Moratorium and Cheque Dishonor Proceedings

8 Apr 2021

Recently, the Hon’ble Supreme Court of India has, in the matter of P. Mohanraj & Ors. Vs M/s. Shah Brothers Ispat...

News & Media Tax

Finance Act 2021- A Glimpse into the Future of Indirect Tax Disputes

7 Apr 2021

Finance Act 2021- A Glimpse into the Future of Indirect Tax Disputes

Newsletters International Trade

TradeWatch weekly bulletin

3 Apr 2021

The Panel in Colombia — Frozen Fries (DS591) does not expect to issue its final report to the parties before...

Newsletters International Trade

TradeWatch weekly bulletin

20 Mar 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

DPIIT clarifies on NRI ‘s downstream investments | Remuneration of non-executive and independent directors incase of no profits or inadequate profits | Central Scrutiny Centre to be established

20 Mar 2021

Certain important changes have been introduced in relation to the Companies Act, 2013 and the Foreign Exchange Management Act, 1999,...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Supreme Court finalizes the period until which limitation was extended on account of Covid-19

9 Mar 2021

Due to the outbreak of Covid-19 pandemic, litigants across the country faced grave difficulties in filing their petitions, applications, suits,...

News & Media

Govt mandates companies to disclose investments in cryptocurrencies

2 Apr 2021

Companies will also have to disclose their relationship with struck-off firms and the details of title deeds of immovable property...

News & Media

Minority shareholders should ink pacts for board seat in investee company

2 Apr 2021

MUMBAI: Small shareholders can have a representation on the board of the investee company but not minority shareholders, ruled the..

Alerts & Updates Corporate & Commercial

Deferment of mandatory use of accounting software which can record audit trail and its related disclosures, to FY commencing from April 1, 2022

2 Apr 2021

Vide the Companies (Accounts) Amendment Rules, 2021, dated March 24, 2021 (available here), for the financial year commencing on or...

Newsletters International Trade

Trade Watch Weekly Bulletin

27 Mar 2021

The Panel in European Union – Safeguard Measures on Certain Steel Products (DS595) does not expect to issue its final...

Alerts & Updates Corporate & Commercial

Reporting and Disclosures under the Companies Act, 2013 broadened | Schedule III to contain disclosures on items such as crypto currency or virtual

25 Mar 2021

MCA has carried out major amendments related to reporting and disclosures of information by companies under the Companies Act,2013

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly-update – Praveen Electricals Private Limited v. Galaxy Infra Engineering Private Limited

26 Mar 2021

A Special Leave Petition was filed by Praveen Electricals Pvt. Ltd. (PEPL), against Galaxy Infra Engineering Pvt. Ltd,(Galaxy), before the...

Alerts & Updates Corporate & Commercial

Non-Government Provident Funds, Superannuation Funds and Gratuity Funds can invest in units of AIF Category-I and Category-II

17 Mar 2021

The Ministry of Finance has opened-up another avenue for investments by Non-Government Provident Funds, Superannuation Funds and Gratuity Funds.

Alerts & Updates Tax

Tax Newsletter – February 15 – 28, 2021

15 Mar 2021

Return of income (ROI) filed by the taxpayer, a tax resident of Canada, for Assessment Year (AY) 2012-13 was selected...

Newsletters International Trade

TradeWatch Weekly Bulletin

13 Mar 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Tax

Payment for use of computer software is of shrink-wrapped software not royalty

8 Mar 2021

The taxpayer is a resident Indian end-user of shrink-wrapped computer software. The taxpayer directly imported shrink-wrapped software from USA.

Alerts & Updates Corporate & Commercial

Revised MGT-7 format for Annual Return | Abridged form of annual return introduced for small and OPCs | Electronic voting rules – explanations provided | Aadhar authentication for GSTIN for incorporation of companies

8 Mar 2021

MCA has notified the revised form for annual return (MGT-7) and has also introduced the abridged form of annual return...

Newsletters International Trade

Trade Watch Weekly Bulletin

6 Mar 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

Revamped norms proposed for independent directors by SEBI – “Dual Approval” envisaged for appointment and removal of IDs | Master Circular on Surveillance of Securities Market

3 Mar 2021

In order to strengthen the institution of independent directors (IDs) and enhance their effectiveness in protection of the interest of...

Alerts & Updates Corporate & Commercial

SEBI proposes ‘Accredited Investors’ framework aiming towards a flexible regulatory regime and bespoke investment products

26 Feb 2021

SEBI has issued a consultation paper introducing the concept of Accredited Investors...

Newsletters

Trade Watch Weekly Bulletin

27 Feb 2021

Given below are some key news updates from the past week pertaining to international trade and customs....

News & Media Tax

Equalization Levy: The Ambiguity Continues To Exist

22 Feb 2021

The Memorandum to Finance Bill, 2021 (Bill) states that....

News & Media Corporate & Commercial

Approval of Schemes of Listed Companies: Independent Directors, Not a Sign-Post but a Check-Post

18 Feb 2021

The securities market regulator, SEBI, has recently issued a Circular....

News & Media Corporate & Commercial

Snowballing role of trustees in mutual fund

17 Feb 2021

Snowballing role of trustees in mutual fund....

News & Media Hospitality

Budget 2021 fails to provide much needed impetus

16 Feb 2021

Hospitality Biz India is the first hospitality news portal in India to provide quality....

Alerts & Updates Tax

Tax Newsletter – February 1 – 15, 2021

15 Feb 2021

Return of income (ROI) filed by the taxpayer, a tax resident of Canada....

Newsletters International Trade

TradeWatch Weekly Bulletin

13 Feb 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

News & Media

Zee Business – GST Ka Janjal: ELP Partner Gopal Mundhra on Liquidated Damages

23 Feb 2021

Zee Business - GST Ka Janjal: ELP Partner Gopal Mundhra on Liquidated Damages.

Alerts & Updates Corporate & Commercial

LLPs to follow certain provisions of Companies Act, 2013 such as Significant Beneficial Ownership, Disqualification, Vacation of Partners, Limit on number of partnerships

21 Feb 2021

In a major move which will impact LLPs and its partners, MCA has announced the applicability of following mentioned provisions...

Newsletters Tax

Navigating GST – Issue 10

20 Feb 2021

The GST regime came as a solo performer in the Indian world of varied range of indirect taxes. While there...

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest

20 Feb 2021

On January 16, 2021, the Ministry of Railways introduced a new iron-ore policy (Iron-ore Policy) governing allocation of rakes and...

Alerts & Updates Corporate & Commercial

Key notifications from MCA & RBI

20 Feb 2021

MCA has notified the classes of companies which will not be considered as listed companies for the purposes of the...

Newsletters International Trade

TradeWatch Weekly Bulletin

20 Feb 2021

Nigeria’s Ngozi Okonjo-Iweala becomes the first woman and first African to head the WTO.

Alerts & Updates Corporate & Commercial

MCA notifies expedited timelines| SEBI notifies revised format for PIT Regulations.

15 Feb 2021

To enable companies to close the rights offer in a shorter period and to expedite this process, Section 62(1)(a) of...

News & Media Tax

Unsettling a settled tax dispute resolution structure

12 Feb 2021

IN India, the annual finance budget is not merely a statement of income and expenditure of Central Government, rather it...

News & Media Tax

New Law on Re-assessment – Critical to Define “Information”

12 Feb 2021

New Law on Re-assessment – Critical to Define “Information"

News & Media Defence & Aerospace

Leasing in India: All you need to know

11 Feb 2021

India is at last putting its money where her mouth is. At Aero India 2021, Raksha Mantri (RM) Rajnath Singh...

News & Media Corporate & Commercial

The OPC Revamp

11 Feb 2021

The Government of India had constituted an expert committee under the chairmanship of Dr. Jamshed J. Irani to inter alia...

News & Media Tax

One Nation Many Cesses! – Now Agriculture Infrastructure And Development Cess

10 Feb 2021

The multiplicity of taxes in India has historically created hindrance in smooth compliance procedure. In order to follow the objective...

News & Media Tax

Budget 2021 – Balancing Expectations and Reality

10 Feb 2021

Extraordinary times call for extraordinary measures. Batting on a sticky wicket in the aftermath of COVID, the Hon'ble Finance Minister...

News & Media Litigation, Arbitration & Dispute Resolution

DOES FRAUD VITIATE ARBITRATION? REVISITING ARBITRABILITY OF FRAUDS IN INDIA

9 Feb 2021

This post has been authored by Mr. Naresh Thacker and Mr. Samarth Saxena, Partner and Associate at Economic Laws Practice....

News & Media Tax

Loss of goodwill in M&A forever

8 Feb 2021

The depreciation on goodwill is always an essential element in calculating post-tax return of an acquisition proposal and would severely...

News & Media Tax

Taxing the untaxed – Slump Exchange

8 Feb 2021

BUDGET 2021 was well received amongst the business fraternity with its focus on growth and fiscal expansion while simultaneously maintain the...

News & Media Tax

Filtering tools for incentivizing exports: Rebate down, more to go?

6 Feb 2021

Exports play a significant role in any economy, with its direct influence on the level of economic growth, employment and...

News & Media Tax

Demystifying the Budget for Exporters

6 Feb 2021

Demystifying the Budget for Exporters

News & Media Tax

Transgenerational Wealth – Estate and Succession Planning

5 Feb 2021

In the western world, some of the more successful families have reached third or fourth generations in business. Asia holds...

News & Media Tax

The centerpiece of Budget 2021 – Aatmanirbhar Bharat

5 Feb 2021

THE Union Budget 2021 renewed its commitment to the government's vision of 'Aatmanirbhar Bharat'. The budget has fostered this theme through its...

News & Media Tax

Underlying Theme of the Union Budget 2021 – Digitalization and Ease of Doing Business

4 Feb 2021

In 2014, the Government of India launched an ambitious program of regulatory reforms aimed at ease of doing business in...

News & Media Tax

Budget 2021-22: Towards an Agile Indian Tax System

6 Feb 2021

Budget 2021-22 will perhaps stand out for its boldness in focusing on reforms aimed at simplifying the administrative

News & Media Tax

India’s Customs Tariff Policy: Clear, Unambiguous and Truly Evolved

9 Feb 2021

The two T’s of cross border i.e. tension and trade, are best addressed with a clear policy. Well the good...

News & Media Tax

Why did the market go euphoric over Budget?

4 Feb 2021

Budget 2022 was historic in many ways as mentioned by the Finance Minister at the start of her speech given...

Newsletters International Trade

Trade Watch Weekly Bulletin

6 Feb 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Arbitration weekly-update – Haryana Space Application Centre (HARSAC) & Anr. v. M/s Pan India Consultants Pvt. Ltd

5 Feb 2021

In 2010, Haryana Space Application Centre (Appellant No. 1) invited Requests for Proposal for modernization of land records.

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest (January 2021)

9 Feb 2021

On January 16, 2021, the Ministry of Railways introduced a new iron-ore policy (Iron-ore Policy) governing allocation of rakes and...

Events & Webcast

Union Budget 2021: Clause by Clause Analysis

3 Feb 2021

ELP’s Partners Rohit Jain and Nishant Shah, along with Senior Counsel, Vikram Nankani & Former CESTAT Member, RK Singh present...

News & Media Tax

Alcohol Prices Won’t Increase due to 100% Agri Infra Cess

3 Feb 2021

An agricultural infrastructure cess of 100% has been proposed on alcoholic beverages in this year’s Union Budget . In an...

News & Media Tax

Sensex surges post budget: what fueled it?

3 Feb 2021

Indian share markets cheered the Union Budget which zoomed over 4 per cent after the FM Nirmala Sitharaman concluded her...

News & Media Tax

Higher capital spends and no change in status quo for tax

3 Feb 2021

Rohit Jain, Partner, Economic Laws Practice (ELP), has been quoted in Tax World reacts to Indirect Tax/GST proposals in Budget...

News & Media Tax

Retrospective Amendment under Section 7 of CGST Act

3 Feb 2021

Harsh Shah, Partner, Economic Laws Practice (ELP), has been quoted in Tax World reacts to Indirect Tax/GST proposals in Budget...

News & Media Tax

Budget 2021: Amendment to DICGC Act

3 Feb 2021

Nishant Shah, Partner, Economic Laws Practice (ELP) Laws Practice has been quoted by Taxsutra in their Union Budget 2021 analysis.

News & Media Tax

Budget 2021: Re-emphasis on 13 sectors

3 Feb 2021

Harsh Shah, Partner, Economic Laws Practice (ELP) has been quoted by Taxsutra in their Union Budget 2021 analysis.

News & Media Tax

Mega Investment Textile Park

3 Feb 2021

Rahul Charkha, Associate Director, Economic Laws Practice (ELP) has been quoted by Taxsutra in their Union Budget 2021 analysis.

News & Media Tax

FPI & Debt Financing

3 Feb 2021

Mitesh Jain, Partner, Economic Laws Practice (ELP) has been quoted by Taxsutra in their Union Budget 2021 analysis.

News & Media Tax

Rohit Jain on Union Budget 2021

3 Feb 2021

Get a quick byte on overview of the Budget2021 with Rohit Jain, Partner, Economic Laws Practice (ELP). He shares about the status...

News & Media Tax

Budget 2021: Finance Minister offers stability in tax regime even as India hunts for growth

3 Feb 2021

Union budget 2021: In the last couple of years, the Government has been rationalising the rates of corporate tax, slashing...

Alerts & Updates Corporate & Commercial

Boost to Start-ups and one-person companies | Fast-track merger route provided for Start-ups | DPIIT launches Startup India Seed Fund Scheme for Start-ups and Incubators

2 Feb 2021

The Ministry of Corporate Affairs (MCA) and the Department for Promotion of  Industry and Internal Trade (DPIIT), have introduced certain...

Events & Webcast Tax

Union Budget: Clause by Clause Analysis

2 Feb 2021

Sector Books/Booklets Corporate & Commercial

Union Budget 2021: An Analysis

2 Feb 2021

We at ELP have been analyzing the budgets for two decades now and the record will reflect that more often...

Insights Tax

The Budget Buzz Make in India

1 Feb 2021

With the Finance Minister holding a Made in India Tablet in a red case instead of the conventional briefcase or...

Insights Tax

The Budget Buzz – Customs Tariff Measures

1 Feb 2021

In her Union Budget speech, the Finance Minister was intent on positioning India as a global manufacturing hub calling manufacturers...

Insights Tax

Budget -Dispute Resolution

1 Feb 2021

Direct tax proposals announced in the budget have been largely towards simplification, ease of doing business and digitization of tax...

Insights Tax

Budget Buzz – Depreciation on Goodwill

1 Feb 2021

The Finance Bill 2021 has proposed that good will of a business or profession will not be considered as a...

Events & Webcast Tax

Deep Dive on the Union Budget 2021-2022 with ELP and PWC

30 Jan 2021

To register please contact suchitasaxena@elp-in.com

Events & Webcast Tax

India Union Budget 2021: Analysis of Tax, Customs and Regulatory amendments

30 Jan 2021

To register please contact suchitasaxena@elp-in.com

Events & Webcast Litigation, Arbitration & Dispute Resolution

India – Japan Trade Investment webinar on “Negotiating the Deal and Effectively Resolving Disputes”

30 Jan 2021

India and Japan are among the largest Asian economies.

News & Media Tax

Indirect Taxes on Safeguard Clauses in a Contract: Riddle Wrapped in an Enigma

30 Jan 2021

Construal of contractual obligations has been marked by depth of thinking under various legal facets including the levy of taxes...

News & Media International Trade

Tariff Hikes: Budget 2021

30 Jan 2021

The Central Government is set to revamp the existing model of India's import.

Newsletters International Trade

Trade Watch Weekly Bulletin

30 Jan 2021

Given below are some key news updates from the past week pertaining..

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Arbitration weekly update – N.N. Global Mercantile Pvt. Ltd. v. Indo Unique Flame Ltd and Ors – Union of India v. M/s Tantia Constructions Ltd

27 Jan 2021

Given the conflicting decisions on certain issues in relation to the Arbitration and Conciliation Act, 1996..

Alerts & Updates Corporate & Commercial

WTD & MD appointment post rejection by shareholders – SEBI proposes shareholders’ supremacy

28 Jan 2021

In order to ensure shareholders’ supremacy in matters of appointment of Managing Director (MD)..

Alerts & Updates Corporate & Commercial

MCA tweaks norms for conversion of public company into private company – RD given discretion to approve in cases of objections – No more deemed approval

27 Jan 2021

MCA has made certain amendments to the process of conversion of a public company into a private company.

Newsletters International Trade

Trade Watch Weekly Bulletin – January 23 2021

23 Jan 2021

WTO circulated the panel report in the case brought by the United Ara

Alerts & Updates Corporate & Commercial

Ministry of Corporate Affairs (MCA) enforces substantial provisions of the Companies (Amendment) Act, 2020 & revamped CSR norms

23 Jan 2021

MCA has enforced various other provisions of the Companies (Amendment) Act, 2020 (CAA), with effect from January 22, 2021.

Newsletters International Trade

TradeWatch Weekly Bulletin – January 16 2021

21 Jan 2021

Given below are some key news updates from the past week pertaining to  international trade and customs both from India...

Alerts & Updates Corporate & Commercial

Virtual AGMs and EGMs for year 2021

21 Jan 2021

Spending CSR funds on COVID-19 awareness programme and public outreach for COVID-19 vaccination, notified as an eligible CSR..

Alerts & Updates Corporate & Commercial

LLPs to issue NCDs, Small LLPs, Decriminalization of offences & various other key recommendations made by the Company Law Committee Report

21 Jan 2021

The Company Law Committee has proposed various amendments in the limited liability partnership (LLP) framework to allow greater..

Alerts & Updates Corporate & Commercial

DPIIT launches Regulatory Compliance Portal, SEBI’s relaxations on rights issue opening upto March 31, 2021

21 Jan 2021

As per the press release issued by the Ministry of Commerce and Industry on January 20, 2021..

Alerts & Updates International Trade

BIS Update: Mandatory Certification for Additional Products

20 Jan 2021

We hope this email finds you well. We are writing to you with an important..

Alerts & Updates Corporate & Commercial

MCA introduces condonation of delay scheme for e-form filings in certain cases | SEBI gives certain reliefs from LODR compliances till December 31, 2021

19 Jan 2021

MCA has introduced the scheme for condonation for delay for companies...

Alerts & Updates Corporate & Commercial

Key Updates from SEBI: MCA and RBI

15 Jan 2021

On 13 February 1991, Sardar Sarovar Narmada Nigam Ltd. (Respondent No. 1) entered into a contract with Bhaven Construction (the...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Weekly Arbitration Update

15 Jan 2021

Spending CSR funds on COVID-19 awareness programme and public outreach for COVID-19 vaccination, notified as an eligible CSR..

News & Media Tax

GST: Lessons from the past and the road ahead

13 Jan 2021

This July, GST clocked in three years. It has been a muted anniversary.

Alerts & Updates Corporate & Commercial

Relaxation on holding physical board meetings for certain mandatory matters till June 30, 2021 | New SH-7 | Extension of reservation of names in certain cases

4 Jan 2021

MCA has extended the relaxations to deal with following matters through VC or OAVM, in accordance with Rule 3 of...

Newsletters International Trade

Trade Watch Weekly Bulletin

2 Jan 2021

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Arbitration weekly Update – Vidya Drolia and Others v. Durga Trading Corporation

28 Dec 2020

A reference was made to a three-judge bench of the Supreme Court by a two judge bench of the Supreme...

Alerts & Updates Corporate & Commercial

MCA enforces various provisions of the Companies (Amendment) Act, 2020, aiming at decriminalisation)

23 Dec 2020

The MCA has enforced various sections of the Companies (Amendment).

Newsletters International Trade

Trade Watch Weekly Bulletin

28 Dec 2020

Australia initiates WTO dispute complaint against China concerning anti-dumping and countervailing duties imposed by China on imports of Australian barley.

Events & Webcast Litigation, Arbitration & Dispute Resolution

Webinar for a Litigating & Arbitrating in Hong Kong

24 Dec 2020

Economic Laws Practice and Gall solicitors co-hosted a webinar on December 11, 2020, on providing practical considerations for Indian corporates...

Alerts & Updates Corporate & Commercial

SEBI proposals – Sponsor requirement for mutual funds, segregation / ring-fencing assets, liabilities of mutual fund schemes | Exemptions vis-a-vis ICs of AIFs | Recalibration of MPS norms for CIRP companies

23 Dec 2020

For Mutual Funds: Relaxation of requirement for sponsoring the mutual fund, maintaining of minimum..

Alerts & Updates Corporate & Commercial

Minority squeeze out and Relaxation of requirements for self-assessment test by the independent directors

23 Dec 2020

The Ministry of Corporate Affairs (MCA) has introduced important changes in relation to the provisions of minority squeeze out and...

Newsletters International Trade

Trade Watch Weekly Bulletin

21 Dec 2020

The Chair of the negotiations on services domestic regulation under the General Agreement

Alerts & Updates Corporate & Commercial

Listing of Start-ups: SEBI proposes review of IGP framework and ease norms

16 Dec 2020

In 2019, SEBI had launched ‘Innovators Growth Platform’ (IGP) erstwhile known as ‘Institutional Trading Platform’ for listing of issuers which...

Events & Webcast Litigation, Arbitration & Dispute Resolution

Managing Ground Condition Claims

15 Dec 2020

Economic Laws Practice’s Naresh Thacker and Alok Jain were invited as speakers on the

News & Media Tax

The Direct Tax Vivad Se Vishwas Act, 2020

14 Dec 2020

India has one of the highest pendency of tax litigation matters

Newsletters International Trade

Trade Watch Weekly Bulletin

12 Dec 2020

106 WTO Members participating in the Investment facilitation negotiations wrap up a productive year.

Newsletters Projects, Infrastructure & Energy

Infrastructure & Energy Digest (November 2020)

12 Dec 2020

The Ministry of Road Transport and Highways (MORTH) has, vide notification dated November 10, 2020 revised the model concession agreement

Alerts & Updates Corporate & Commercial

E-Voting Facility by Listed Entities – SEBI directs simplification of the process

12 Dec 2020

In a move to simplify e-voting facility for shareholders of listed entities and increase participation of non-institutional public shareholders/ retail...

Alerts & Updates Corporate & Commercial

Corporate update on Foreign Direct Investments in Defence Sector | AD banks delegated more power related to matters on exports.

9 Dec 2020

The Central Government has enforced the changes introduced by the Press Note 4/2020, dated September 17, 2020 in the defence...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Weekly Arbitration Update – Kreuz Subsea Pte Ltd. v. Valentine Maritime Ltd. & Anr.

8 Dec 2020

The present petition was preferred by Kreuz Subsea Pte Ltd. (KSS), the sub-contractor, before the Hon’ble Bombay High Court (Court)...

Alerts & Updates Tax

Tax Newsletter – November 16 – 30, 2020

9 Dec 2020

The taxpayer claimed discount on issue of ESOPs i.e. difference between the grant price and market price of the shares...

Alerts & Updates International Trade

TradeWatch Weekly Bulletin

5 Dec 2020

WTO circulated the panel report in the case brought by Japan in Korea — Sunset Review of Anti-Dumping Duties on...

Newsletters Tax

Navigating GST – Issue 9

2 Dec 2020

The last decade or at least the latter half of it has seen a significant reversal of policies adopted by the governments...

Alerts & Updates International Trade

BIS Update: Mandatory Certification for Additional Chemical Products

9 Nov 2020

We are writing to you with an important update regarding mandatory requirements applicable to imports of certain products, particularly chemicals into...

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest (October 2020)

4 Nov 2020

On October 1, 2020, the Ministry of Road Transport and Highways (MoRTH) issued guidelines for quality control/assurance in construction of National Highways...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Sanjeev Prakash v Seema Kukreja & Ors

13 Nov 2020

The present petition was filed before the Delhi High Court (Court) under Section 11(5) of the Arbitration and Conciliation Act...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

President promulgates the Arbitration and Conciliation (Amendment) Ordinance, 2020

13 Nov 2020

In exercise of it powers under Article 123 of the Constitution of India, on November 4, 2020 the Hon’ble President promulgated...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Devas Multimedia v. Antrix Corporation

1 Dec 2020

In arbitration proceedings between Antrix Corporation Limited (Respondent) and Devas Multimedia Private Limited (Petitioner), an Award dated September 14, 2015

Alerts & Updates Litigation, Arbitration & Dispute Resolution

New Morning Star Travels v. Volkswagen Finance

1 Dec 2020

The Delhi High Court (High Court) determined whether the trial court erred in disposing of applications under Section 9 of the...

Newsletters International Trade

ELP TradeWatch Weekly Bulletin

1 Dec 2020

US opposed Russia’s request to join the consultations in the United States - Origin marking requirement (DS597) dispute initiated by...

Alerts & Updates Corporate & Commercial

Consultation Papers Issued by SEBI and changes proposed therein

26 Nov 2020

SEBI has proposed series of changes in relation to the following vide its consultation papers and has sought public comments...

Alerts & Updates Tax

Tax Newsletter – November 1-15 2020

24 Nov 2020

The taxpayer, a company registered and incorporated under the laws of Sweden

Sector Books/Booklets Corporate & Commercial

Corporate Law Compendium

24 Nov 2020

India’s regulatory regime in the corporate sector has been witnessing swift changes.

Alerts & Updates Corporate & Commercial

RBI directive on foreign law firms in India

24 Nov 2020

RBI has directed all AD Category-I banks, not to grant approval to any branch office, project office

Newsletters International Trade

TradeWatch Weekly Bulletin

23 Nov 2020

WTO circulated the compliance panel report in the case brought by Brazil in Indonesia

Alerts & Updates Corporate & Commercial

RBI discontinues various reporting under FEMA & introduces changes in relation to compounding of contraventions under FEMA | Ministry of I&B seeks compliance with FDI Policy in Digital Media

20 Nov 2020

With a view to improve the ease of doing business and reduce the cost of compliance

Alerts & Updates Corporate & Commercial

Non-compliance of disclosure requirements by issuers of NCDs/NCRPS/CPs | Monitoring by debenture trustees of ‘security created’ | Sponsor’s ineligibility for preferential issue of listed InvITs

20 Nov 2020

Introduction of uniform structure for enforcement of continuous disclosure obligations imposed upon the issuers of listed

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

19 Nov 2020

PASL Wind Solutions Private Limited (Respondent) issued three purchase orders (POs) to GE Power Conversion

Alerts & Updates Tax

Tax Newsletter: October 15- October 30

11 Nov 2020

Taxpayer filed its Return of Income (ROI) for Assessment Year (AY) 2012-13 declaring total income of INR 52,72,893.

Alerts & Updates Corporate & Commercial

SEBI proposes changes in risk management framework of listed companies | Issues Consultation Paper for Public Comments

11 Nov 2020

Recognizing that risk management is a critical function of the board of directors of listed companies, the Securities and Exchange...

Insights in Videos

Revised Import Norms for Trade Pacts

10 Nov 2020

Alerts & Updates Corporate & Commercial

LLP Settlement Scheme – Extension provided for belated documents from August 31 to November 30, 2020

10 Nov 2020

In order to promote ease of doing business, updation of records and availability of documents for inspection to stakeholders with...

Alerts & Updates Corporate & Commercial

SEBI clarifications on resolution of complaints by stock exchanges and the Investor Grievance Redressal Committee

9 Nov 2020

In order to further streamline the investor grievance redressal mechanism, SEBI has issued following clarifications in relation to resolution of...

Newsletters International Trade

Trade Watch Weekly Bulletin

7 Nov 2020

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

SEBI update on i) unlisted Infrastructure Investment Trust (InvIT) ii) debt securities

6 Nov 2020

In order to enable unlisted Infrastructure Investment Trust (InvIT) to raise further funds and to facilitate investment in the infrastructure

Alerts & Updates Corporate & Commercial

SEBI increases overseas investment limits for each mutual fund

6 Nov 2020

The move will help mutual funds to further tap the global markets and offer diversification of portfolios to the

Alerts & Updates Corporate & Commercial

SEBI puts more onus on Stock Exchanges and Independent Directors for M&A Schemes involving listed companies

4 Nov 2020

In order to ensure that the recognized stock exchanges refer draft schemes to SEBI only upon being fully convinced that...

Alerts & Updates Corporate & Commercial

SEBI changes informant mechanism under Insider Trading Regulations | Code of conduct for fund managers and dealers introduced | AMCs allowed to become self-clearing members

3 Nov 2020

In continuation of the SEBI board meeting dated September 29, 2020

Alerts & Updates Corporate & Commercial

ELP – Corporate Update – Consolidated FDI Policy 2020 issued by the Government RBI allows authorised dealers to post collect margins on permitted derivate co

30 Oct 2020

The Consolidated FDI Policy, 2020 has been released by the Department for Promotion of Industry and Internal Trade, Ministry of...

Newsletters Competition Law & Policy

Quarterly Update-Q3 of 2020

29 Oct 2020

On August 20 and August 26, 2020, the Competition Commission of India (CCI) closed two suo moto cases relating to...

Newsletters International Trade

Trade Watch Weekly Bulletin

24 Oct 2020

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

SEBI puts new AIFs and scheme launch on hold where ICs may have not resident Indian citizens | SCORES – only promoter shares to be frozen | Recovery Expense Fund to be created

23 Oct 2020

Processing of applications for registration of Alternative Investment Fund (AIF) and launching of new schemes, where investment committee of an...

Alerts & Updates Tax

Tax Newsletter – September 30 – October 15, 2020

22 Oct 2020

The taxpayer filed its return of income (ROI) declaring NIL income for Assessment Year (AY) 2011-12.

Alerts & Updates Corporate & Commercial

Inability to meet minimum residency period of a director for 182 days not a violation even for FY 2020-21

22 Oct 2020

The Companies Act, 2013, requires that every company shall have at least one director who stays in India for a...

Alerts & Updates Corporate & Commercial

SEBI Update – AIF managers | Investment committee | Manipulative & unfair trade practice

20 Oct 2020

In continuation of SEBI board meeting dated September 29, 2020, certain key decisions with respect to the fund managers

Insights International Trade

ELP Update – CAROTAR 2020 – Obligations on exporters

20 Oct 2020

Chapter VAA of the Customs Act, 1962 (‘Customs Act’/’the Act’) inserted on March 27, 2020 stipulates a scheme for administering...

Newsletters International Trade

Trade Watch Weekly Bulletin

20 Oct 2020

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

MCA eases fund raise through QIBs – allows one time special resolution in a year as good compliance

20 Oct 2020

To ease out the compliance burden and ease fund raise, MCA has provided that in case of offer or invitation...

Alerts & Updates Corporate & Commercial

26% FDI under approval route applicable to digital media, news aggregators, news agencies | Given 1 year to comply with the cap & other requirements

20 Oct 2020

The Government has clarified the entities which get covered under the news digital media sector, wherein 26% foreign direct investment...

Alerts & Updates Corporate & Commercial

Default by issuers of listed debt securities – SEBI prescribes procedure to be followed by Debenture TrusteesDefault by issuers of listed debt securities – SEBI prescribes procedure to be followed by Debenture Trustees

15 Oct 2020

In order to standardize the procedure to be followed by the Debenture Trustees in case of default by issuers of...

News & Media Litigation, Arbitration & Dispute Resolution

Conflict with China: India’s BIT dilemma

15 Oct 2020

He commercial measures against China open India to arbitration from foreign investors, implying a heavy financial cost

Alerts & Updates Corporate & Commercial

SEBI Update – Debentures

10 Oct 2020

SEBI has introduced various changes in relation to issuance of debt securities and strengthening of the role of debenture trustees.

Newsletters International Trade

Trade Watch Weekly Bulletin

10 Oct 2020

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Tax

ELP – Tax Newsletter -September 15 – September 30

7 Oct 2020

The taxpayer, a resident of Mauritius, filed its return of income (ROI) declaring gross total income of USD 3,88,810 under...

News & Media Corporate & Commercial

Crucial Labor Reform Bills introduced in Parliament

7 Oct 2020

Currently, there are over 100 state and 40 central laws in India regulating various aspects of labor such as resolution...

Alerts & Updates Corporate & Commercial

SEBI prescribes standardization of timeline for listing of certain securities issued on private placement basis

6 Oct 2020

In order to standardize the timelines for listing of debt securities, non-convertible redeemable preference shares..

Insights Tax

Inverted Decision on Inverted Rate Structure

1 Oct 2020

Accumulation of Input tax credit due to inverted rate structure has been a matter of concern for multiple sectors, which...

Alerts & Updates Tax

Guidelines under Section 194-O and 206C(1H) of the IT Act

1 Oct 2020

With an intention to widen and deepen the tax net, Finance Act, 2020, expanded the scope of provisions pertaining to...

Alerts & Updates Corporate & Commercial

Mandatory forensic audit disclosure to stock exchanges, reverse book building not applicable for delisting listed subsidiary & other key decisions at SEBI Board meeting | Fund raising relaxations extended

1 Oct 2020

In case of initiation of forensic audits, listed entities shall make the disclosures to stock exchanges, without any application of...

Events & Webcast

Upcoming Webinar: Taxand Asia Seminar Series

30 Sep 2020

We will be presenting a trio of one-hour webinars across a three-week period, planned and catered to fit into your...

Alerts & Updates Corporate & Commercial

SEBI introduces a series of changes

30 Sep 2020

Relaxation in guidelines issued for preferential issue and institutional placement of units by listed Real Estate Investment Trusts (REITs) and...

Alerts & Updates Defence & Aerospace

Notification of new Defence Acquisition Procedure 2020

29 Sep 2020

After consultation with the various stakeholders, the Defence Minister promulgated the new Defence Acquisition Procedure 2020

Alerts & Updates Tax

Tax Collection at Source

29 Sep 2020

Seller is a person whose total sales, gross receipts or turnover from the business carried on by him exceed INR...

Alerts & Updates Corporate & Commercial

Companies (Amendment) Act, 2020 receives the Presidential assent

29 Sep 2020

The Companies (Amendment) Act, 2020 (CAA2020), has received the Presidential assent on September 28, 2020.

Alerts & Updates Corporate & Commercial

MCA provides extensions for : Companies Fresh Start, LLP Settlement, Charge Forms Condonation schemes, EGMs through VC or OVAM, VC Board Meetings

29 Sep 2020

The Central Government has introduced following series of changes in the Companies Act, 2013, on September 28, 2020

Insights Corporate & Commercial

Indemnity, Reps & Warranties and Insurance in M&A

28 Sep 2020

This is the first edition of the Practice Guide – India M&A published by Lexology Getting the Deal Through. It...

Newsletters International Trade

Trade Watch Weekly Bulletin

26 Sep 2020

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Events & Webcast

Upcoming Webinar – Unlocking and back to the Growth Trajectory: A Tax Perspective

26 Sep 2020

We are six months into the lockdown and corporate India is slowly inching its way back to normal.  Companies are...

Alerts & Updates Corporate & Commercial

SEBI issues changes w.r.t Investment advisers, Rights issue, Takeover Code, Administrative Assistance to trustees of mutual funds

26 Sep 2020

Additional guidelines for investment advisers in furtherance of the recently issued SEBI (Investment Advisers) (Amendment)Regulations, 2020, along with the timelines...

Newsletters Litigation, Arbitration & Dispute Resolution

Arbitration Alert – Adani v. Antikeros

24 Sep 2020

In an “International Commercial Arbitration”, The bombay hc appointed an arbitrator althoughthe act vests suchjurisdictiononly inthe supreme court.

Newsletters Tax

Navigating GST 2.0 – Issue 8

24 Sep 2020

The COVID-19 pandemic has worsened the economic slowdown in India, evident from the slide in the GDP growth rate and...

Alerts & Updates Corporate & Commercial

Crucial Labor Reforms Bill introduced in Parliament

23 Sep 2020

Currently, there are over 100 state and 40 central laws in India regulating various aspects of labor such as resolution...

Alerts & Updates Corporate & Commercial

SEBI allows FPIs to write-off shares of all companies they are unable to sell

23 Sep 2020

As you are aware, under the operational guidelines for Foreign Portfolio Investors (FPIs) dated November 5, 2019 (Operational Guidelines are...

Alerts & Updates Corporate & Commercial

Companies (Amendment) Bill, 2020 passed by the Parliament

23 Sep 2020

As you are aware, to promote greater ease of doing business, the Companies (Amendment) Bill, 2020 (CAB2020) was introduced in...

Alerts & Updates Tax

Taxation & Other Laws (Relaxation & Amendment of Certain Provisions) Bill, 2020

22 Sep 2020

The COVID-19 pandemic has caused immense loss to the lives of people as well as given rise to an economic...

Insights International Trade

CAROTAR 2020 -Q&A: Importers

21 Sep 2020

As you may already know, the Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020

Insights International Trade

CAROTAR 2020 – Q&A: Exporters

21 Sep 2020

As you may already know, the Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020

Newsletters International Trade

Trade Watch Weekly Bulletin

19 Sep 2020

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

FDI in Defence Sector – Upto 74% allowed under the automatic route

18 Sep 2020

The Government of India has revised the sectoral cap in the defence sector, by carrying out changes in the FDI...

Alerts & Updates Corporate & Commercial

SEBI allows units of REITs and InvITs of certain jurisdictions to list/trade on stock exchanges operating in IFSCs

17 Sep 2020

The SEBI (International Financial Services Centre) Guidelines, 2015, provide that the stock exchanges operating in International Financial Services Centres (IFSCs)...

Insights Litigation, Arbitration & Dispute Resolution

Analyzing the parliamentary standing committees interim report on functioning of virtual courts or court proceedings through video conferencing

15 Sep 2020

The global pandemic has truly transformed the conventional modes of justice dispensation. With strict social distancing measures being imposed in...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

14 Sep 2020

The Respondent issued notices inviting tenders for supply of various materials. In response to the same, the Petitioner submitted its...

Alerts & Updates Corporate & Commercial

SEBI proposes overhaul of corporate governance norms | Issues consultation paper for LODR changes

12 Sep 2020

SEBI has issued a consultation paper dated September 11, 2020, proposing certain changes to the SEBI (Listing Obligations and Disclosure...

Newsletters International Trade

Trade Watch Weekly Bulletin

12 Sep 2020

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest-August 2020

11 Sep 2020

On December 23, 2019 the Delhi Government approved the Delhi Electric Vehicles Policy. On August 7, 2020, the Transport Department...

Alerts & Updates Corporate & Commercial

AGM timeline extended till December 31, 2020

10 Sep 2020

Due to the rising demand from various associations for extending time to hold annual general meeting (AGM) for financial year...

Alerts & Updates Corporate & Commercial

Automated system driven disclosures set in motion for Insider Trading Regulations

10 Sep 2020

To initiate the automated process of disclosures under the SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations), SEBI..

Insights Defence & Aerospace

Investing in INDIA’s Defence Sector

9 Sep 2020

India is currently the second largest arms importer globally after Saudi Arabia1, and spends close to 2% of its GDP...

Alerts & Updates Corporate & Commercial

MCA’s boost to start-ups | Eases deposit norms

8 Sep 2020

MCA has relaxed certain deposit norms for start-ups to ease fund raising. This move may help start-ups to pick up...

Alerts & Updates International Trade

Re-validation of export authorizations issued for the export of software/technology items under the SCOMET list

8 Sep 2020

The Inter-Ministerial Working Group (Working Group) of the Directorate General of Foreign Trade has clarified the time period of validity...

Newsletters International Trade

Trade Watch Weekly Bulletin

5 Sep 2020

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Tax

ELP – Tax Newsletter – August 15 to August 31

4 Sep 2020

The taxpayer had acquired development rights to develop seven buildings, of which, the taxpayer had developed and sold four buildings...

Alerts & Updates International Trade

JUDICIAL UPDATE: Union of India v. Agricas LLP

1 Sep 2020

A full bench of the Supreme Court of India (Court) has, in the case of Union of India v. Agricas...

Newsletters International Trade

TradeWatch Weekly Bulletin

1 Sep 2020

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

MCA directs companies to place annual returns

1 Sep 2020

With effect from August 28, 2020, MCA requires every company to upload a copy of the annual return on the...

Alerts & Updates Corporate & Commercial

MCA directs companies to place annual returns on their website

29 Aug 2020

With effect from August 28, 2020, MCA requires every company to upload a copy of the annual return on the...

Newsletters International Trade

TradeWatch Weekly Bulletin

29 Aug 2020

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

SEBI gives another 4 months to implement procedural guidelines by proxy advisors & for resolution of grievances between listed companies and proxy advisors

28 Aug 2020

SEBI had recently issued circulars providing for: (a) procedural guidelines (listed below) to be adhered to by proxy advisors, and...

Sector Books/Booklets Defence & Aerospace

Investing in India’s Defence Sector

28 Aug 2020

India is currently the second largest arms importer globally, and spends close to 2% of its GDP on defence related...

Alerts & Updates Corporate & Commercial

MCA amends CSR norms to encourage fight against COVID-19

25 Aug 2020

In the wake of COVID-19 pandemic and observing the importance of role that companies play through CSR, MCA has made...

Alerts & Updates International Trade

A regime shift for importers regarding compliance under ROO

25 Aug 2020

Chapter VAA and Section 28DA of the Customs Act, 1962 (the Act) was inserted vide clause 110 of the Finance...

Newsletters International Trade

TradeWatch Weekly Bulletin

22 Aug 2020

Given below are some key news updates from the past week pertaining to international trade and customs both from India...

Alerts & Updates Corporate & Commercial

SEBI proposes Recalibration of MPS Norms

20 Aug 2020

The Securities and Exchange Board of India (SEBI) on August 19, 2020 has released a consultation paper (Consultation Paper) seeking...

Alerts & Updates Tax

ELP – Tax Newsletter – August 1 to August 15

20 Aug 2020

During Assessment Year (AY) 2015-16, the Hon’ble Delhi High Court (HC) had approved the scheme of amalgamation of five companies..

Alerts & Updates Corporate & Commercial

Extension of AGMs – Companies directed to apply to ROCs before September 29, 2020

18 Aug 2020

MCA has clarified that the companies whose financial year ended on March 31, 2020, will need to apply in form...

Insights International Trade

ELP Insights – India Untangling The Supply Chain – Aug 2020

18 Aug 2020

The Covid outbreak has affected several industries in India. The economy is reeling and jobs are diminishing. During this time...

Events & Webcast

Navigating the Global 360° IMPACT OF COVID-19

17 Aug 2020

Navigating the Global 360° IMPACT OF COVID-19 Panelists: Naresh Thacker, Partner, Economic Laws Practice ( link this to Naresh profile) Sherina...

Newsletters International Trade

TradeWatch Weekly Bulletin

15 Aug 2020

Given below are India’s recently reported trade statistics and some key news updates from the past week pertaining to international...

News & Media Policy & Regulation

India’s ‘Internet Freedom’ Compromised – Are Our Laws & Policies Too Old

15 Aug 2020

Sanjay Notani, Partner, Economic Laws Practice (ELP), shares his views with India Ahead News, on law & policy issues relating...

Alerts & Updates Corporate & Commercial

SEBI issues process and SOP for handling investor complaints

14 Aug 2020

SEBI has laid down the procedure for handling complaints by the stock exchanges, as well as standard operating procedure for...

News & Media

Telecom Sector’s intervention

10 Apr 2020

In the times of social distancing, tremendous effort is being made to stay socially connected but physically distant. The telecommunication...

News & Media

Delhi HC’s VC Hearing Rules – Taking the Virtual Courts System Forward

5 Aug 2020

On 24th March 2020, the Ministry of Home Affairs and the National Disaster Management Authority decided to take measures for...

News & Media

FAQ on Employment

13 Aug 2020

In this first part of a FAQ series brought to you by People Matters in collaboration with ELP, we address...

News & Media

Future of India’s dispute resolution

13 Aug 2020

Businesses are facing an increased risk of losses due to uncertainty and large-scale disruptions to workplace operations. One would like...

Alerts & Updates Corporate & Commercial

SEBI mandates filing of complaints only on SCORES

11 Aug 2020

SEBI has mandated filing of complaints by investors only on SCORES platform (SEBI Complaints Redress System). It has decided that...

Alerts & Updates International Trade

India: Untangling the Supply Chain

11 Aug 2020

Numerous reasons have recently led to a comprehensive review of India’s strategic engagement with its trading partners.For various reasons..

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest

10 Aug 2020

On July 8, 2020, the Union Cabinet approved a new pan India Central Sector Scheme-Agriculture Infrastructure Fund (Scheme)...

Alerts & Updates Defence & Aerospace

Embargo on import of 101 defence items

10 Aug 2020

With a view to promulgate the Government’s much heralded Make-in-India policy, the Defence Minister has today announced a negative arms...

Insights International Trade

Level of Economic Development as a Factor for Determining a Surrogate Third Country: How Relevant?

10 Aug 2020

In a recent decision, the Customs Excise & Service Tax Appellate Tribunal (CESTAT) has clarified that the determination of “level...

Newsletters International Trade

TradeWatch Weekly Bulletin

8 Aug 2020

Given below are India’s recently reported trade statistics and some key news updates from the past week pertaining to international...

Alerts & Updates Corporate & Commercial

Key amendments by SEBI

7 Aug 2020

SEBI, has carried out a series of changes which include, amending the requirement of disclosure of record date, and introducing...

Alerts & Updates Tax

VKC Footsteps vs UOI Ors

7 Aug 2020

The issue relating to the eligibility of refund of input tax credit on input services accumulated on account of inverted...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Proxy advisors to adhere to procedural guidelines

5 Aug 2020

With effect from September 1, 2020, certain additional procedural guidelines are required to be adhered to by proxy advisors, and...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

MCA re-aligns with SEBI’s relaxation on Rights Issue opening upto December 31, 2020

4 Aug 2020

As you are aware, SEBI recently extended the relaxations of certain norms for rights issues for listed companies. One of...

Alerts & Updates Tax

ELP – Tax Newsletter

4 Aug 2020

The taxpayer, a company incorporated in South Korea along with another Indian Company entered into a ‘turnkey contract’ with ONGC...

Insights Litigation, Arbitration & Dispute Resolution

EU – Cost Adjustment Methodologies II (Russia)

4 Aug 2020

In a recent Panel Report of the World Trade Organization (WTO) regarding a dispute filed by Russia against the European...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

4 Aug 2020

Schedule IV of the Arbitration and Conciliation Act, 1996 (Act) provides a schedule of fees payable to arbitrator(s). Recently, in...

Newsletters International Trade

TradeWatch Weekly Bulletin

4 Aug 2020

Given below are India’s recently reported trade statistics and some key news updates from the past week pertaining to international...

Alerts & Updates Corporate & Commercial

Shareholders holding securities in physical form c an partic ipate in open offers

1 Aug 2020

SEBI has issued following clarification/ relaxation under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015(LODR Regulations):

News & Media Tax

GST Implications on Royalty: A Continuum of Perspectives

31 Jul 2020

The Government of India is the custodian of the country's natural resources. Such natural resources cater to a large spectrum...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

30 Jul 2020

Vide an order dated September 25, 2019 (Order), the Delhi High Court (Court) disposed off the petition filed by ONGC...

Alerts & Updates Corporate & Commercial

RBI to administer foreign investment rules | Air India can have 100% foreign investment from NRIs under automatic route

29 Jul 2020

The Central Government has amended the FEM (Non-debt Instruments) Rules, 2019 (NDI Rules), to give administrative powers to the..

Alerts & Updates Policy & Regulation

Bar on Global Tenders: Issues & Perspectives

28 Jul 2020

As part of the recently announced “Atmanirbhar Bharat package” by the Central Government, an amendment has been made

Insights International Trade

Recent Restrictions on Public Procurement

25 Jul 2020

There is no single comprehensive legislation governing public procurements in India. The legal framework surrounding public procurements

Alerts & Updates International Trade

TradeWatch Weekly Bulletin

21 Sep 2021

Given below are India’s recently reported trade statistics and some key news updates from the past week pertaining to international...

Alerts & Updates Corporate & Commercial

SEBI eases rights issue opening upto December 31, 2020

25 Jul 2020

SEBI has extended the one-time relaxations from strict enforcement of certain provisions of SEBI (Issue of Capital and Disclosure Requirements)...

Alerts & Updates Corporate & Commercial

SEBI directs depositories to devise systems to record all types of encumbrances as per the Takeover Code

25 Jul 2020

After having realized that currently there is no framework to capture the details of encumbrances in the depository system, other...

Alerts & Updates Corporate & Commercial

SEBI Regulations Amendment: Trading window restrictions made inapplicable

24 Jul 2020

As you are aware, SEBI had recently amended the SEBI (Prohibition of Insider Trading) Regulations, 2015 (Insider Trading Regulations) on...

Alerts & Updates Corporate & Commercial

SEBI eases Settlement Mechanism

23 Jul 2020

SEBI has carried out certain changes in the SEBI (Settlement Proceedings) Regulations, 2018 (Settlement Regulations), to ease out the settlement...

Alerts & Updates Corporate & Commercial

Amendment of Insider Trading Regulations

20 Jul 2020

SEBI has carried out following changes in the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015(Insider...

Newsletters International Trade

TradeWatch Weekly Bulletin

18 Jul 2020

Given below are key news updates from the past week pertaining to international trade and customs both from India and...

Newsletters Tax

Navigating GST 2.0 – Issue 7

17 Jul 2020

Generally, legislations, more specifically tax legislations, provide for various authorities inter alia to oversee the.

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Arbitration Weekly Update

16 Jul 2020

DELHI HIGH COURT HOLDS THAT EVEN IF AN ARBITRAL TRIBUNAL HAS BEEN CONSTITUTED IN RESPECT..

Alerts & Updates Tax

Tax Newsletter – July 1 to 15 2020

16 Jul 2020

The taxpayers were sub-funds of Aberdeen Delaware Business Trust, a business trust incorporated as per the laws..

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration: An Update

13 Jul 2020

DELHI HC REITERATES THAT FOR APPOINTMENT OF A SUBSTITUTE ARBITRATOR, SECTION 11(6) OF THE ACT HAS APPLICATION ONLY IF THERE...

Newsletters Competition Law & Policy

Quarterly update – Competition Law & Policy – Quarter 2 of 2020

13 Jul 2020

CCI finds cartelization amongst bearing manufacturers, but stops short of imposing a penalty

Newsletters International Trade

TradeWatch Weekly Bulletin

11 Jul 2020

Given below are key news updates from the past week pertaining to international trade and customs both from India and...

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest

10 Jul 2020

The High Court of Delhi (High Court) vide order dated June 12, 2020 in the case of MEP Infrastructure Developers..

Insights Litigation, Arbitration & Dispute Resolution

GAR Asia-Pacific Arbitration Review 2021 – India

9 Jul 2020

Welcome to The Asia-Pacific Arbitration Review 2021, a Global Arbitration Review special report. Global Arbitration Review is the online home..

Alerts & Updates International Trade

BIS Update: Mandatory Registration of Additional Iron and Steel Products

9 Jul 2020

The Government of India has recently notified proposed Quality Control Orders for certain Iron and Steel products at the World...

News & Media Tax

The Curious Case of ITC Admissibility

8 Jul 2020

One of the objectives of the Goods and Services Tax (GST) regime is to avoid the cascading effect of taxes...

Insights International Trade

How Fair is an import only COVID19 Tax?

4 Jul 2020

The COVID-19 pandemic has ushered us in an era of increased protectionism. A recent report of the World Trade Organization...

Newsletters International Trade

TradeWatch Weekly Bulletin

4 Jul 2020

Given below are key news updates from the past week pertaining to international trade and customs both from India and...

Sector Books/Booklets

INDIA OPPORTUNITY – 2020

2 Jul 2020

Tax and Regulatory Incentives available for doing Business in/and with India

Alerts & Updates Corporate & Commercial

Takeover Code and ICDR Regulations amended

2 Jul 2020

SEBI has carried out changes in the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (Takeover Code)...

Alerts & Updates Corporate & Commercial

Stamp duty amendments effective from July 1, 2020

1 Jul 2020

Rationalized Collection Mechanism of Stamp Duty w.r.t. Securities Market Instruments - Indian Stamp Act, 1899 amendments and rules, to be...

Events & Webcast

Anti-Profiteering The Indian Experience

29 Jun 2020

Newsletters International Trade

TradeWatch Weekly Bulletin

27 Jun 2020

Given below are key news updates from the past week pertaining to international trade and customs both from India and...

News & Media Corporate & Commercial

Decriminalization of Financial Offences: A Move in the Right Direction?

26 Jun 2020

As per the data available on the website of National Judicial Data Grid as on June 23, 2020, total number...

Alerts & Updates Corporate & Commercial

SEBI proposes another preferential issue pricing method – changes also suggested to Takeover Code, Insider Trading Regulations

25 Jun 2020

In its meeting held on June 25, 2020, SEBI has considered and decided to introduce certain changes in: (i) SEBI...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Arbitration Weekly Update – Patel Engineering Ltd. v. North Eastern Electric Power Corporation Ltd.

22 May 2020

Recently, in Patel Engineering Ltd. v. North Eastern Electric Power Corporation Ltd., the Supreme Court of India reflected upon “patent...

Newsletters Tax

Managing GST 2.0 – Issue 6

25 May 2020

Economic Laws Practice in association with Taxsutra, releases its second edition of the tax newsletter ‘Navigating GST 2.0’. In this...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Arbitration Weekly Update

25 May 2020

The past few weeks have been quite eventful for the Indian arbitration regime. Even though the Supreme Court (SC) continues...

News & Media Tax

Burning Issues Plaguing the GST Refunds

11 May 2020

Globalization has been majorly hit with the ongoing crisis; the businesses involved in international trade are facing liquidity issues. Refund...

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest – April 2020

15 Apr 2020

In continuance of our previous edition, this month’s Infrastructure Digest focusses on the measures taken by various agencies pursuant to...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Arbitration weekly Update : National Agricultural Cooperative Marketing Federation of India v. Alimenta S.A.

22 Apr 2020

Recently, in National Agricultural Cooperative Marketing Federation of India v. Alimenta S.A., an appeal was filed against the enforcement of...

News & Media Tax

Equalization Levy 2.0: Uncertainities Abound

5 May 2020

2020 has been a year of surprises. One such surprise sprung by the Government of India was the introduction of...

News & Media Tax

Unraveling the Dichotomy of GST on Director’s Remuneration

15 May 2020

The objective of Goods and Service Tax reform was to guide the nation towards a simpler tax regime with new...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Arbitration weekly update – M/s Halliburton Offshore Services Inc. v. Vedanta Limited & Anr

20 Apr 2020

In this case, the HC had been approached by Halliburton (Petitioner) under Section 9 of the Arbitration and Conciliation Act,...

News & Media Tax

Director’s remuneration: Is GST applicable across the board?

16 Apr 2020

This article discusses the liability of a company to pay Goods and Services Tax ('GST') on Directors' remuneration. Click Here

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Litigation Update – Anant Raj Limited v. Yes Bank Limited

27 Mar 2020

For this week’s update, we take a look at the Delhi High Court’s judgment in Anant Raj Limited v. Yes...

News & Media Tax

Rules 86A(1)(B) of the CGST Rules – The Saga of Blocked Credit

14 Apr 2020

In order to curb misuse and loss of revenue, the concept of blockage of ITC was introduced by insertion of...

Newsletters Competition Law & Policy

ELP – Competition Law & Policy Update – Quarter 1 of 2020

25 May 2020

Amidst the Covid-19 outbreak, this quarter witnessed some interesting developments with the CCI directing investigation against the online market giants...

Newsletters Projects, Infrastructure & Energy

ELP – Infrastructure and Energy Digest – March 2020

15 Mar 2020

This month's Energy and Infrastructure Digest has a clear focus on the measures being taken by various government agencies to...

News & Media Tax

RoDTEP- A Silver Lining for Indian Exporters

13 Apr 2020

Recently, the Cabinet Committee on Economic Affairs approved the scheme for Remission of Duties and Taxes on Exported Products (RoDTEP)...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Environment Law Update – Alembic Pharmaceuticals Limited v. Union of India

1 Apr 2020

For this week’s update, we take a look at the Supreme Court’s judgment in Alembic Pharmaceuticals Limited & Ors. v....

Alerts & Updates Corporate & Commercial

SEBI amends Takeover Code and ICDR Regulations

23 Jun 2020

For acquisition of listed companies with stressed assets including exemptions from open offer for such acquisitions, SEBI has issued the...

Newsletters International Trade

TradeWatch Weekly Bulletin

20 Jun 2020

Given below are key news updates from the past week pertaining to international trade and customs both from India and...

Insights International Trade

India’s Import Licensing Regime – Is It WTO Compatible

20 Jun 2020

Recently the Indian Government vide Notification No. 12/2015-2020 dated June 12, 2020 (the Notification), issued by the Ministry of Commerce...

Alerts & Updates Defence & Aerospace

Notification of Force Majeure Clause in Defence Contracts

18 Jun 2020

The Ministry of Finance (MoF) vide notifications dated February 19, 2020 and May 13, 2020, has already clarified that supply...

Alerts & Updates Corporate & Commercial

Takeover Code Amended

16 Jun 2020

In a major change in the takeover space of listed companies, creeping acquisition limits and certain prohibition on voluntary.

Alerts & Updates Corporate & Commercial

EOGM vide OVAM can be held till September 30, 2020 instead of June 30, 2020

16 Jun 2020

As you are aware, the Ministry of Corporate Affairs (MCA) had vide General Circular dated April 8, 2020 (available here)...

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest – March 2020

15 Mar 2020

Considering the debilitating impact of the spread of COVID-19 on various sectors of the economy, Government ministries and departments have

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest – April 2020

15 Apr 2020

Vide a letter dated April 17, 2020, the Ministry of Power (MoP) passed instructions regarding operation and maintenance of inter-state...

Newsletters Projects, Infrastructure & Energy

Infrastructure and Energy Digest – May 2020

15 May 2020

NHAI provides relief measures for contractors, developers and concessionaires in the road sector..

Alerts & Updates Corporate & Commercial

SEBI clarifies on Annual Audit of AIF’s PPM compliances

13 Jun 2020

In the alternative investment funds (AIFs) space, SEBI had recently introduced templates for private placement memorandum (PPM),subject to certain exemptions..

Newsletters International Trade

TradeWatch Weekly Bulletin

13 Jun 2020

Given below are key news updates from the past week pertaining to international trade and customs both from India and...

Insights International Trade

Public Procurement Policies- Are they WTO compliant

13 Jun 2020

There is no single comprehensive legislation governing public procurement in India. The legal framework surrounding..

Alerts & Updates Corporate & Commercial

Fund raising by listed companies | SEBI relaxes certain fast track FPO norms – removes bars such no SCN, prosecution proceedings, settlement cases with SEBI

10 Jun 2020

In another move to ease fund raising by listed companies, SEBI, on June 9, 2020 has temporary relaxed certain norms...

Alerts & Updates Corporate & Commercial

Relaxation to Start-ups for sweat equity shares| Relaxation to listed companies for mandatory 15% investment/deposit of maturing debentures

9 Jun 2020

The Ministry of Corporate Affairs has enforced certain changes with respect to start-ups and debentures, which are summarized below:

Alerts & Updates Defence & Aerospace

PPP MII Order

9 Jun 2020

PPP MII Order

Alerts & Updates Defence & Aerospace

Revision to Public Procurement

9 Jun 2020

The Department for Promotion of Industry and Internal Trade (DPIT) has revised its Public Procurement (Preference to Make in India),...

Insights International Trade

Primer on US Section 301 Proceedings

6 Jun 2020

On June 2, 2020, the United States Trade Representative (USTR) announced that they are beginning investigations under Section 301 of...

Newsletters International Trade

TradeWatch Weekly Bulletin

6 Jun 2020

Given below are key news updates from the past week pertaining to international trade and customs both from India and...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly Update – M/s Centrotrade Minerals and Metals Inc. v. Hindustan Copper Ltd

5 Jun 2020

The centrotrade SAGA SC-Reitertes that a narrow..

Sector Books/Booklets Projects, Infrastructure & Energy

Infrastructure Projects in India

15 Feb 2020

The Indian infrastructure sector has gone through two cycles of investment. The current inflection point is borne out of the...

Newsletters International Trade

TradeWatch Weekly Bulletin

30 May 2020

We are writing to bring to your notice certain key news updates from the past week pertaining to international trade...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Litigation Update – Polytech Trade Foundation vs. Uoi & Ors

22 May 2020

For this week’s update, we take a look at the Delhi High Court’s judgment in Polytech Trade Foundation vs. UOI...

Alerts & Updates International Trade

International Trade Law Update (October 2019 – January 2020)

21 Sep 2021

As part of ELP’s knowledge dissemination initiatives, we are pleased to share with you our update on developments in international...

News & Media Tax

Decoding GST

27 Feb 2020

Nishant Shah, Partner, in a Podcast session with MoneyControl, shares his insights on the performance of the GST system and...

Newsletters Tax

Navigating GST 2.0 : Issue 4

21 Sep 2021

Economic Laws Practice (ELP) in association with Taxsutra, releases its fourth edition of the tax newsletter ‘Navigating GST 2.0’. This...

News & Media Tax

Retrospective Amendment and Consequent Interest Liability in GST Legislation – An Analysis

11 Mar 2020

Vinitt Nagla, Associate Partner, Economic Laws Practice) authored an article in Taxsutra, in which he examines the retrospective amendment to...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Arbitration Weekly Update – Patel Engineering Ltd. v. North Eastern Electric Power Corporation Ltd

22 May 2020

Recently, in Patel Engineering Ltd. v. North Eastern Electric Power Corporation Ltd., the Supreme Court of India reflected upon “patent...

Newsletters Tax

Tax Update (March 10 – March 31, 2020)

21 Sep 2021

Please find attached ELP’s Taxation update (for the period of March 10 – March 31, 2020).

Publications Litigation, Arbitration & Dispute Resolution

Dispute Resolution Update – Bank of Baroda vs Kotak Mahindra Bank Limited

27 May 2020

For this week’s update, we take a look at the Supreme Court’s judgment in Bank of Baroda v. Kotak Mahindra...

Publications Hospitality

What Marriott’s Second Data Breach Means for the Hospitality Industry?

30 Mar 2020

Marriott International, Inc. (Marriott) has fallen victim to a major data breach, compromising personal information of over 5 million guests,...

Publications Defence & Aerospace

GST Deduction on MRO Services

30 Mar 2020

As a welcome boost to the domestic maintenance, repair and overhaul (MRO) industry, the Goods and Services Tax (GST) council...

Publications Litigation, Arbitration & Dispute Resolution

Delhi HC Public Works Department vs CPCB

30 Mar 2020

In a decision dated March 11, 2020 concerning penalties levied for environmental pollution, the Delhi High Court has set aside...

News & Media Tax

Budget 2020- Widened Scope of Offences and Criminalization under GST Law

24 Mar 2020

Budget 2020 proposed amendments to expand the scope of offences listed u/s 132 by widening the ambit of people who...

News & Media Tax

Enhancing Insurance Coverage on Bank Deposits – Increasing Tax Litigation Woes for Banking Sector

18 Mar 2020

Jignesh Ghelani, Partner and Sanchita Rungta, Senior Associate, Economic Laws Practice (ELP), co-author an article in Taxsutra, on the notices...

Publications Litigation, Arbitration & Dispute Resolution

Arbitration Weekly Update -Mankastu Impex Private Limited v. Airvisual Limited

5 Mar 2020

This week, we analyze the decision of the Supreme Court in the case of Mankastu Impex Private Limited v. Airvisual...

Newsletters

Navigating GST 2.0 – Issue 6

26 May 2020

In the wake of pandemic deteriorating the world economy, the countries are facing issues for stabilization in absence of income..

Publications

Back in Action: Recommencement of Construction Activities

26 May 2020

Please find attached Back in Action: Recommencement of Construction Activities: Read the detailed article here.

Publications

Recent Amendments to India’s FDI Policy: Are they WTO compatible

26 May 2020

Please find attached Recent Amendments to India’s FDI Policy: Are they WTO compatible: Read the detailed article here.

Publications

A Pandemic of Notifications: Major Challenges During Lockdown

26 May 2020

Please find attached A Pandemic of Notifications: Major Challenges During Lockdown: Read the detailed article here.

Publications

The ELP Economic Package Analysis

26 May 2020

Please find attached The ELP Economic Package Analysis: Read the detailed article here.

Publications

ELP Competition Update Q1 of 2020

26 May 2020

Please find attached ELP Competition Update Q1 of 2020: Read the detailed article here.

Insights International Trade

Recent Amendments to India’s FDI policies- Are they WTO compatible ?

23 May 2020

On April 17, 2020, India amended its Foreign Direct Investment Policy (FDI Policy) requiring all investments from countries sharing land...

Newsletters International Trade

TradeWatch Weekly Bulletin

23 May 2020

Given below are key news updates from the past week pertaining to international trade and customs both from India and...

Newsletters International Trade

TradeWatch Weekly Bulletin

16 May 2020

Please find attached Trade Watch Weekly Bulletin. Read the detailed article here.

Events & Webcast

GJEPC- Experts talk on Taxation

15 May 2020

Insights International Trade

Multiparty Interim Appeal- Arbitration Arrangement (MPIA)

21 Sep 2021

On April 30 2020, 19 Members1 of the World Trade Organization (WTO) announced a temporary arrangement on the settlement of...

Publications International Trade

ELP International Trade & Customs Trade Watch

11 May 2020

Dear Reader, We are writing to bring to your notice certain key news updates from the past week pertaining to...

Publications International Trade

The European Commission (EC) is conducting public consultations on EU’s Generalized Scheme of Preferences (GSP)

11 May 2020

The European Commission (EC) is conducting public consultations on EU’s Generalized Scheme of Preferences (GSP) of granting tariff preferences to...

Events & Webcast

Tax Implications on the Service Sector

28 Apr 2020

Publications Hospitality

The Indian Hospitality Industry: A Comprehensive Guide to Managing COVID-19

29 Apr 2020

Please find attached The Indian Hospitality Industry: A Comprehensive Guide to Managing COVID-19. Read the detailed article here.

Newsletters Tax

ELP – Tax Update

15 Mar 2020

Please find attached ELP’s Taxation update (for the period of March 10 – March 31, 2020). Read the detailed article...

News & Media

India is staring at a medical-device crisis

2 Apr 2020

The global lockdown has exposed the deep dependence of the Indian medical-devices industry on imports. The government has rushed to...

Publications Defence & Aerospace

Notification regarding Legal Undertaking for Defence Exports

18 Feb 2020

The Director General of Foreign Trade (DGFT) has vide Public Notice No. 63/2015-20 dated February 18, 2020 notified the format...

Newsletters Projects, Infrastructure & Energy

ELP – Infrastructure and Energy Digest – February 2020

12 Feb 2020

In this month’s Infrastructure and Energy Digest, we cover the Major Port Authorities Bill, 2019 which has been recently approved...

Newsletters Tax

ELP – Tax Update (February 25 – March 10, 2020)

1 Mar 2020

We are pleased to publish ELP’s Taxation update (for the period of February 25 – March 10, 2020). The tax...

News & Media Banking & Finance

After RBI’s ruling on troubled builders dues, Rs 20k-crore realty loans in for a rejig

28 Feb 2020

Babu Sivaprakasam, Partner, Economic Laws Practice, shares his views with The Economic Times, on the new Reserve Bank of India...

News & Media Tax

Settling the Unsettled Concept of Job Work

6 Mar 2020

In a recent landmark ruling in the case of JSW Energy Ltd. [TS-133-AAAR-2020-NT], AAAR held that ‘coal’ supplied by the...

Publications Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly update – M/s Dharmaratnakara Rai Bahadur Arcot Narainswamy Mudaliar Chattram & Other Charities & Ors. v. M/s Bhaskar Raju & Brothers & Ors

14 Feb 2020

For this week’s update, we take a look at the Supreme Court’s recent judgment in M/s Dharmaratnakara Rai Bahadur Arcot...

Publications Tax

ELP – Export Control Alert

21 Feb 2020

As far as licensing for SCOMET items involving repair, replacement and/ or demo items are concerned, the DGFT (SCOMET cell)...

Publications Litigation, Arbitration & Dispute Resolution

ELP – Arbitration Weekly Update -Shapoorji Pallonji and Co. Pvt. Ltd. v. Jindal India Thermal Power Limited

19 Feb 2020

For this week’s update, we take a look at the Delhi High Court (Court) case of Shapoorji Pallonji and Co....

News & Media Tax

Tightening the Ropes on Administration of Preferential Tariff Treatment under Trade Agreements

13 Feb 2020

The undue claims of preferential tariff treatment have posed a threat to domestic industry, which has also been highlighted by...

Publications Tax

ELP- Tax Update

10 Feb 2020

We are delighted to share ELP's Tax Update for the period January - February 10, 2020. Please read the update...

Publications Projects, Infrastructure & Energy

ELP – Infrastructure and Energy Digest – January 2020

15 Jan 2020

In this month’s Infrastructure and Energy Digest, we examine the provisions of the Mineral Law Ordinance and its potential impact,...

Publications Tax

ELP -Taxation Update – The Direct Tax Vivad Se Vishwas Bill 2020

12 Feb 2020

The Finance Minister in her Budget speech announced the introduction of a Direct Tax “Vivad se Vishwas Scheme” similar to...

News & Media Corporate & Commercial

Investment Arms Of Sovereign Funds May Get Tax Exemptions For Infra Investments Too

7 Feb 2020

Bhavin Gada. Partner, Economic Laws Practice, shares his views with Bloomberg Quint, on the budget 2020 announcement that grants 100%...

News & Media Corporate & Commercial

Buyer of minority stake in private company has to deposit 50% of cost

5 Feb 2020

Darshan Upadhyay, Partner, Economic Laws Practice, shares his views with The Times of India, on the amendments to the Companies...

News & Media Tax

India’s new rules to tax “stateless” NRIs lack clarity and may hit investments

5 Feb 2020

Rohit Jain, Partner, Economic Laws Practice, shares his views with Quartz India, on the budget 2020 announcement that proposed new...

News & Media Corporate & Commercial

Budget 2020: FM announces relief on tax burden on startup employees on ESOP tax payments

1 Mar 2020

Darshan Upadhyay, Partner, Economic Laws Practice, shares his views with YourStory, on the budget 2020 announcement that proposes tax relief...

Sector Books/Booklets Banking & Finance

Union Budget 2020: An Analysis

2 Feb 2020

The Hon’ble Finance Minister presented the Union Budget 2020 on February 1st. The attached booklet contains an analysis of key...

ELP Knowledge Series Banking & Finance

ELP – Knowledge Series – India Update – Part 4 of 2019

22 Jan 2020

We welcome you to the latest edition of ELP Knowledge Series, a quarterly analysis of curated topics pertaining to critical...

Publications Competition Law & Policy

ELP – Competition Law & Policy Update – Quarter 4 of 2019

15 Dec 2019

We are pleased to share with you the latest edition of our Competition Law update, where we cover some of...

News & Media Competition Law & Policy

Why small traders in India fear the Amazon effect

19 Jan 2020

Ravisekhar Nair, Partner, Economic Laws Practice, shares his thoughts with The National UAE, on the requirement of self-regulatory measures by...

News & Media Tax

New Consumer Protection Act: Why businesses need to be prepared for greater risk exposure

17 Jan 2020

The Government of India has introduced various consumer-centric initiatives with businesses now increasingly being at the receiving end of consumer-centric...

News & Media Tax

Anti-Profiteering Whip To The Real Estate Sector

18 Jan 2020

While various industry sectors have come in the purview of anti-profiteering investigations, the real estate sector seems to be one...

News & Media Competition Law & Policy

Scrutiny of the online hotel booking sector by CCI: Here are the key takeaways

17 Jan 2020

The growth of the online hotel booking sector has drawn the spotlight on several new issues which focus primarily on...

Publications Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly update -Central Organisation for Railway Electrification v. ECI-SPIC-SMO-MCML (JV) A Joint Venture Company

17 Dec 2019

This week, we analyze the decision of Supreme Court in the case of Central Organisation for Railway Electrification V. ECI-SPIC-SMO-MCML...

Publications Competition Law & Policy

ELP – Competition Law Alert – Competition Commission of India’s report on e-commerce

15 Jan 2020

Based on the market study on e-commerce in India, the CCI has identified “bargaining power imbalance” and “information asymmetry” between...

Publications Competition Law & Policy

ELP Competition Law & Policy Update: CCI orders investigation against Amazon and Flipkart

17 Jan 2020

On January 13, 2020 the Competition Commission of India (CCI) ordered an investigation against Amazon and Flipkart for its exclusive...

News & Media Tax

Tax Audits for enterprises that claim GST refunds illicitly

13 Jan 2020

Rohit Jain shares his views with Zee business, on the tax audits that would be conducted by the Government, to...

News & Media Banking & Finance

Karvy clients challenge IBC amendment on individual creditors

8 Jan 2020

Babu Sivaprakasam, Partner, Economic Laws Practice, shares his thoughts with Livemint, on the recent Insolvency and Bankruptcy Code (IBC) amendments...

Publications Projects, Infrastructure & Energy

ELP- Infrastructure and Energy Digest- December 2019

15 Dec 2019

In this month’s Infrastructure and Energy Digest, we examine the Union Cabinet’s recent decision approving the setting up of an...

Publications Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly update – BGS SGS Soma JV v. NHPC Ltd

10 Dec 2019

This week, we take a look at a very significant decision of the Supreme (SC) in BGS SGS Soma JV...

Publications Litigation, Arbitration & Dispute Resolution

ELP-Arbitration weekly update-Perkins Eastman Architects DPC and Another v. HSCC (India) Ltd

20 Dec 2019

This week we analyze a landmark case - Perkins Eastman Architects DPC & Anr. v. HSCC (India) Ltd. In the...

Publications Corporate & Commercial

ELP- Quarterly Update – M&A

20 Dec 2019

We are pleased to bring you ELP’s Mergers & Acquisitions Quarterly Update, which covers, amongst other topics, key regulatory amendments...

Publications Corporate & Commercial

ELP Update – Indian Stamp (Collection of Stamp-Duty through SE CC and Depositories) Rules [1]

13 Dec 2019

Ministry of Finance (Department of Revenue) has notified the Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and...

Publications Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly update-Union of India v. Pradeep Vinod Construction

9 Dec 2019

This week, we analyze the decision of Supreme Court in the case of Union of India v. Pradeep Vinod Construction...

Publications Corporate & Commercial

ELP- Quarterly Update – PE&VC

6 Dec 2019

We are pleased to bring you ELP’s Private Equity & Venture Capital Quarterly Update, covering regulatory amendments that impact the...

Publications Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly update – Hindustan Construction Company Limited and Anr. v. Union of India and Ors

4 Dec 2019

In the last seven days, the Supreme Court of India has rendered two decisions which are possibly the inflection point...

Publications Tax

Navigating GST 2.0 : Issue 2

4 Dec 2019

Economic Laws Practice in association with Taxsutra, releases its second edition of the tax newsletter ‘Navigating GST 2.0’. This edition...

News & Media Hospitality

Legal Obligations of Lost Properties -infra hospitium

4 Dec 2019

The hospitality industry is susceptible to claims on account of loss of goods of the guests. With this background, Megha...

News & Media Projects, Infrastructure & Energy

AP Power sector investments in limbo on tariff concerns

4 Dec 2019

Aakanksha Joshi, Partner, Economic Laws Practice, shares her thoughts with The Hindu Business Line, on the #investment slowdown in the...

News & Media Hospitality

Who is liable for car theft from a hotel parking lot? A lesson for the service industry

3 Dec 2019

The Supreme Court of India, recently decided on a contentious matter of a hotel guests' car being stolen from the...

Publications Projects, Infrastructure & Energy

ELP – Infrastructure and Energy Digest – December 2019

3 Dec 2019

We are pleased to bring you the Infrastructure and Energy Digest for the month of December 2019, covering decisions and...

Publications Competition Law & Policy

ELP Competition Law & Policy Update – Amendment to the Competition Commission of India (General) Regulations, 2009

27 Nov 2019

In an effort to discourage forum shopping and avoid conflict between the proceedings of specific sectoral regulators and itself, the...

News & Media Litigation, Arbitration & Dispute Resolution

Tax litigation, the saga continues with GST

27 Nov 2019

One of the fears that haunts business entities doing business in/with India is the rampant litigation and the amount of...

Publications Defence & Aerospace

Framework for placing Long Term Orders for Indigenization by Defence PSUs and OFB

26 Nov 2019

Further to the previously notified ‘Policy for indigenization of components and spares used in defence platforms for DPSUs/ OFBs’, the...

Sector Books/Booklets Tax

Taxation in India: Curated Views

22 Nov 2019

Businesses today are facing immense challenges and doubts with regards to taxation in India. These range from macro to practical...

Sector Books/Booklets Corporate & Commercial

POSH- Case Studies from an India perspective

22 Nov 2019

The Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Act, 2013 (the “PoSH Act”) came into effect, six...

News & Media Tax

Tax department wants to impose 18% GST on CXO salaries

22 Nov 2019

Rohit Jain, partner, Economic Laws Practice, shares his views with Economic Times, about the tax department looking to levy 18%...

News & Media Tax

The Incongruity between Income Tax and GST Laws

22 Nov 2019

Jignesh Ghelani (Partner), Sanchita Rungta (Senior Associate), and Rishi Raju (Associate), Economic Laws Practice, co-author an article in GSTsutra, highlighting...

News & Media Tax

Realtors told to reverse transition credit

22 Nov 2019

Rohit Jain, partner, Economic Laws Practice, shares his views with The Economic Times, on the article that discusses the indirect...

Publications Banking & Finance

ELP Banking & Finance Update: Essar Steel – Arcelor Mittal Supreme Court Judgement

22 Nov 2019

A landmark judgement was passed by the Hon’ble Supreme Court on November 15, 2019, in the matter of Committee of...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly update -Imax Corporation v. E-City Entertainment & Others

22 Nov 2019

This week, we take a look at a recent decision of the Bombay High Court (Court) in Imax Corporation v....

News & Media Tax

GSTsutra Expert Column: Interplay of Goods And Services Tax Laws Vis-a-Vis Customs Laws

12 Nov 2019

The effect of GST implementation is being felt on several other laws including the Customs Act, 1962. This article highlights...

Newsletters Defence & Aerospace

ELP- Quarterly update – Defence & aerospace

8 Nov 2019

We are pleased to bring to you the latest edition of the quarterly updates (Jul to Oct 2019) in the...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly update – Chetan R. Shah. v. Emkay Fincap Ltd

8 Nov 2019

This week, we examine the decision of the Bombay High Court in Chetan R. Shah. v. Emkay Fincap Ltd., which...

Alerts & Updates International Trade

Summary of the panel report in the dispute India – Export Related Measures (DS 541)

4 Nov 2019

A WTO Panel has issued its report in the dispute India – Export Related Measures (DS 541) on 31 October...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Oriental Insurance Co. Ltd. v. M/s Tejparas Associates & Exports Pvt. Ltd

24 Oct 2019

This week, we bring to you the decision of the Supreme Court in Oriental Insurance Co. Ltd. v. M/s Tejparas...

Newsletters Projects, Infrastructure & Energy

ELP – Infrastructure and Energy Digest – September 2019

24 Oct 2019

This month’s digest covers significant decisions of the Supreme Court as regards grant of solatium and interest on lands acquired...

Alerts & Updates Tax

New income-tax amendments by the Finance Ministry to boost the economy

24 Oct 2019

With the view to promoting economic growth and to boost investment, the Government of India has introduced the Taxation Laws...

Alerts & Updates Corporate & Commercial

ELP SEBI update: New Regulations for Foreign Portfolio Investors

24 Oct 2019

"This month’s digest covers significant decisions of the Supreme Court as regards grant of solatium and interest on lands acquired...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly update – Canara Nidhi Limited v. M. Shashikala and Others

24 Oct 2019

This week, we take a look at the Supreme Court’s judgment in M/s Canara Nidhi Limited v. M. Shashikala and...

Newsletters Competition Law & Policy

ELP Quarterly update – Competition law & policy – Q3 of 2019

24 Oct 2019

We are pleased to share with you the latest edition of our Competition Law update, where we cover some of...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly update -The State of Jharkhand & Ors. v. M/s HSS Integrated SDN & Anr

24 Oct 2019

This week, we look at the judgment of the Supreme Court in State of Jharkhand v. M/s HSS Integrated SDN...

Alerts & Updates Defence & Aerospace

ELP Defence and Aerospace policy update – Guidelines for use of Government test facilities by defence industry

17 Sep 2019

In lieu of the private sector’s participation to improve India’s defence production base, the Ministry of Defence (MoD) has introduced...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly update – Mayavti Trading Private Limited v. Pradyaut Deb Burman

17 Sep 2019

This week, we look at the judgment of the Supreme Court in M/s Mayavti Trading Private Limited v. Pradyaut Deb...

Newsletters Projects, Infrastructure & Energy

ELP – Infrastructure and Energy Digest – August 2019

12 Sep 2019

The month of August witnessed significant developments in the infrastructure & energy sectors. The Dam Safety Bill, passed in the...

Alerts & Updates International Trade

New Steel related policy development

12 Sep 2019

On September 5, 2019 the Directorate General of Foreign Trade (DGFT) published a notification (please see attached) that has made...

ELP Knowledge Series Banking & Finance

ELP – Knowledge Series – India Update – Part 3 of 2019

3 Sep 2019

We welcome you to the latest edition of the ELP Knowledge Series, a quarterly round-up of critical legal and regulatory...

News & Media Tax

Anti-profiteering Authority sends notices to HUL, P&G and other FMCG Cos

28 Aug 2019

Rohit Jain, Partner, Economic Laws Practice, shares his views with The Economic Times, on the Anti-profiteering Authority issuing notices to...

News & Media Hospitality

OYO’s stand vindicated: What CCI ruling means for booking portal vs hotel dispute

28 Aug 2019

Sujjain Talwar, Aakanksha Joshi and Megha Agarwal co- author an article which examines the recent CCI ruling on OYO’s seemingly...

News & Media Tax

It’s Plastic, but for Taxman it’s Auto Part & Higher Tax

26 Aug 2019

Read the detailed article here.

News & Media Litigation, Arbitration & Dispute Resolution

Enforcing a claim for liquidated damages in India: Key messages.

27 Aug 2019

Naresh Thacker and Ria Dalwani co- author an article titled 'Enforcing a claim for liquidated damages in India: Key messages'...

News & Media Tax

FMCG, pharma cos to contest retro tax

26 Aug 2019

Rohit Jain, Partner, Economic Laws Practice, shares his views with The Economic Times, on the retrospective tax issued to companies...

News & Media Banking & Finance

IBC should be home buyers’ last resort

26 Aug 2019

Babu Sivaprakasam shares his thoughts with Business Standard, on the Supreme Courts recent decision to uphold the status of home...

News & Media Tax

The new Consumer Protection Bill – What’s in store?

26 Aug 2019

To address the need for regulating consumer interest and the requirement to reconcile the same with the global standards, the...

Alerts & Updates Competition Law & Policy

ELP Competition law update- Amendment to Combination Regulations

15 Aug 2019

In an effort to match the central government directives to simplify business regulation in the country, the Competition Commission of...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP – Arbitration weekly update – Mahanagar Telephone Nigam Ltd. v. Canara Bank & Ors

14 Aug 2019

This week, we analyze a recent judgment of the Supreme Court in Mahanagar Telephone Nigam Ltd. v. Canara Bank &...

Events & Webcast Competition Law & Policy

ELP Webinar : Emerging antitrust issues: Implications on India’s pharma industry : Summary

18 Jul 2019

ELP's Competition Law & Policy team, in collaboration with Vinson & Elkins, hosted a webinar on July 18, 2019 on...

Newsletters Projects, Infrastructure & Energy

ELP – Infrastructure and energy digest – July 2019

31 Jul 2019

The month of July witnessed significant developments in the infrastructure & energy sectors . The Union Budget provided a massive...

News & Media

Rahul Bose, banana and JW Marriott’s GST trouble: An eye-opener for the hospitality industry

6 Aug 2019

A recent incident involving an actor who was charged GST on a plate of fruit took social media by storm....

Alerts & Updates Corporate & Commercial

Government seeks comments on the proposed draft guidelines for protection of interests of consumers in the e-commerce sector.

7 Aug 2019

On August 2, 2019, the Department of Consumer Affairs set forth a proposal in relation to the protection of the...

Alerts & Updates Corporate & Commercial

ELP -Update- Code of Wages Bill

1 Aug 2019

With a view to boost labour reforms, the Code on Wage Bill 2019 was passed in Lok Sabha on July...

Alerts & Updates International Trade

ELP – Update- Introduction of GAICT for export of SCOMET items for group companies

30 Jul 2019

Para 2.79F has been inserted in the Handbook of Procedures (HBP) of the Foreign Trade Policy 2015-20 (FTP) for granting...

News & Media Hospitality

Going Bananas over Indemnities!

30 Jul 2019

Aakanksha Joshi(Partner) and Megha Agarwal(Senior Associate), Economic Laws Practice, co-author an article in Hospitality Biz India on indemnities for owners...

Events & Webcast

Shareholders’ rights in India: Effective strategies for dispute mitigation and resolution

29 Jul 2019

Keeping pace with the evolution of private equity investments as a mainstream source of funding, there has been a commensurate...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP- Arbitration weekly update- Sterling Industries v. Jayprakash Associates & Ors.

26 Jul 2019

This week, we take a look at a the judgment of the Supreme Court of India in M/s Sterlite Industries...

News & Media Corporate & Commercial

Venture Intelligence – India PE roundup – ELP article-Minority protection against oppression and mismanagement

15 Jul 2019

As knowledge partner to Venture Intelligence's India PE Quarterly Roundup publication, ELP authored an article on ' Minority protection against...

Newsletters Defence & Aerospace

ELP- Quarterly update – Defence & aerospace

12 Jul 2019

We are pleased to bring to you the latest edition of our Defence & Aerospace update, where we cover significant...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP- Arbitration weekly update- ONGC Petro Additions Limited v. Tecnimont S.P.A. Anr

10 Jul 2019

This week, we analyze a recent judgment of the Delhi High Court in ONGC Petro Additions Limited v. Tecnimont S.P.A....

News & Media Litigation, Arbitration & Dispute Resolution

Chambers and Partners Litigation Guide 2019

20 Jun 2019

ELP authors the India Chapter for the Chambers and Partners Litigation Guide 2019. Read the detailed article here.

News & Media Banking & Finance

More banks likely to have been singed by Bhushan Power fraud

8 Jul 2019

Babu Sivaprakasam, Partner, Economic Laws Practice, has been quoted in LiveMint, on the Bhushan Power fraud which may have likely...

Events & Webcast Tax

Taxsutra & ELP Present Webinar on ‘GST Proposals and Legacy Dispute Resolution Scheme’

10 Jul 2019

While the Union Budget 2019-20 proposes a slew of structural reforms to address the issues concerning the economy, the most...

Newsletters Competition Law & Policy

ELP Quarterly update – Competition law & policy

8 Jul 2019

We are pleased to share with you the latest edition of our Competition Law update, where we cover some of...

Sector Books/Booklets Corporate & Commercial

Union Budget 2019 – An Analysis

7 Jul 2019

The Hon’ble Finance Minister Ms Nirmala Sitharaman announced the Union Budget 2019-20. The attached booklet contains an analysis of the key...

News & Media

M&A Litigation 2019 – India Chapter

4 Jul 2019

Bhavin Gada and Naresh Thacker author the India chapter in Lexology’s Getting The Deal Through - M&A Litigation, 2019 guide.

News & Media Litigation, Arbitration & Dispute Resolution

The India Chapter – GAR – The Asia-Pacific Arbitration Review 2020

1 Jul 2019

ELP was invited to author the India Chapter for GAR's publication - The Asia Pacific Arbitration Review 2020. Read the...

News & Media Corporate & Commercial

Is Sovereign Guarantee / Letter of Comfort an enabler for liberalisation of foreign investment in the Indian defence sector?

1 Jul 2019

India’s proposal to grant a foreign stakeholder a right to hold a controlling stake in an Indian entity engaged in...

Events & Webcast

Emerging antitrust issues: Implications on the pharmaceutical industry in India

21 Sep 2021

Pharmaceutical sector in India, similar to several other jurisdictions, evokes competing interests i.e. the profit-maximizing interests of the industry and...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Arbitration Weekly Update-Ssangyong Engineering & Construction Co. Ltd. v. National Highway Authority of India

19 Jun 2019

"This alert brings to you the decision of the Supreme Court in Ssangyong Engineering & Construction Co. Ltd. v. National...

Newsletters Corporate & Commercial

ELP – Quarterly Update – PE & VC

26 Jun 2019

'Economic Laws Practices' corporate team is pleased to present the latest edition of ‘ELP PE & VC Quarterly Update –...

Events & Webcast

Webinar Presentation on Compliance under Legal Metrology – Issues and Challenges

19 Jun 2019

Economic Laws Practice & Taxsutra Webinar presentation on Compliance under Legal Metrology – Issues and Challenges. Our Partners, Nishant Shah,...

Events & Webcast

Webinar Presentation on Investigation under GST Law and Criminal Proceedings including the power to arrest

7 Jun 2019

Economic Laws Practice & Taxsutra webinar presentation on ‘Investigation under GST Law and Criminal Proceedings including the power to arrest’....

News & Media Defence & Aerospace

India’s Defence Exports More Than Double

21 Sep 2021

Karishma Maniar, Associate Director , Economic Laws Practice, shares her thoughts with The Economic Times on the marked increase in...

Sector Books/Booklets Corporate & Commercial

ELP Profile -White Collar Crime

21 Sep 2021

ELP’s White Collar Crimes & Anti-Corruption practice has proven expertise in the sphere of building watertight and robust compliance regimes,...

News & Media Litigation, Arbitration & Dispute Resolution

ELP Article for ABA – Proposed amendments to the arbitration regime in India

12 Jun 2019

Naresh Thacker and Ria Dalwani author an article for American Bar Association on the elevation of arbitration as the preferred...

News & Media Litigation, Arbitration & Dispute Resolution

GST rate reduction to 5% in realty sector: A winning stroke or a run out

11 Jun 2019

Post several representations being made by the industry and based on the recommendations of the GST Council, the Ministry of...

Newsletters Corporate & Commercial

ELP Quarterly Update – M&A

12 Jun 2019

'Economic Laws Practices' corporate team is pleased to present the inaugural edition of ‘ELP M&A Quarterly Update – Volume 1...

News & Media Tax

GST implications on transactions in securities- Part 1

11 Jun 2019

Part I of of this article critically evaluates as to whether the provisions of the GST Act explicitly necessitate reversal...

Alerts & Updates International Trade

Trade Alert-India’s Commerce Ministry to Push for Major Reforms

11 Jun 2019

As part of the Prime Minister's 100-days agenda, the Commerce Minister, Mr. Piyush Goyal, chaired a joint Meeting of Board...

Alerts & Updates Competition Law & Policy

Competition Law Update: Seeking No-Objection Certificates Limits Supplies – CCI Finds Pharma Companies and Trade Associations in Cahoots Yet Again

11 Jun 2019

On receipt of information from a member of the chemist trade association alleging contravention of Section 3 of the Competition...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update – Dwarika Projects Ltd. v Superintending Engineers

11 Jun 2019

This week, we bring to you the decision of the Delhi High Court in Dwarika Projects Ltd. v. Superintending Engineer,...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Litigation Update:Prism Cement Limited vs Madhya Pradesh Electricity Regulatory

4 Jun 2019

In this update we examine the recent judgment (attached)  passed by APTEL in the matter of Prism Cement Limited vs Madhya...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

29052019 ELP Arbitration Weekly Update

29 May 2019

For this week’s dose of arbitration law, we bring you a significant development from the Bombay High Court (Bombay HC)....

Sector Books/Booklets Projects, Infrastructure & Energy

LEGAL ISSUES IN INDIA’S ENERGY SECTOR

30 May 2019

When you enter a dark room, you dispel the darkness by a flip of a switch. A small reflex action-which...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

190522 ELP Arbitration Weekly Update

22 May 2019

This week, we analyze the decision of the Supreme Court in Sai Babu v. M/s Clariya Steels Pvt. Ltd, wherein the Supreme...

Alerts & Updates International Trade

WTO Mini-ministerial Meeting of developing Countries

16 May 2019

As an outcome of the WTO Ministerial Meeting of Developing Countries organized in New Delhi on the 13th and 14th...

Alerts & Updates Corporate & Commercial

SEBI Update

16 May 2019

Securities and Exchange Board of India (“SEBI”) vide notification no. SEBI/LAD-NRO/GN/2019/16 has issued the SEBI (Alternative Investment Funds) (Amendment) Regulations,...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

190516 ELP Arbitration Weekly Update

16 May 2019

In this week’s update, we analyse the decision of the High Court of Judicature at Bombay in the case of SAP...

Alerts & Updates Projects, Infrastructure & Energy

ELP’s Infrastructure and Energy Digest April 2019

15 May 2019

This month’s infrastructure digest covers key decisions by the Madras High Court, Appellate Tribunal for Electricity (APTEL) in Maharashtra and...

ELP Knowledge Series Banking & Finance

ELP Knowledge Series – India Update Part 2 of 2019

7 May 2019

We welcome you to the latest edition of ELP Knowledge Series, a quarterly analysis of curated topics pertaining to critical...

Alerts & Updates Tax

Export Control Update: Amendments in the SCOMET List

5 May 2019

Various amendments have been introduced in the list of SCOMET items (Appendix 3 to Schedule 2 of ITC(HS)), export of...

News & Media Corporate & Commercial

ELP acts on India JV between Germany’s Karl Mayer, Rabatex, ATE

26 Apr 2019

Karl Mayer, a German headquartered group focusing on manufacturing of textile machinery, entered into a joint venture with Rabatex Industries...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

190422 ELP Arbitration Weekly Update

30 Apr 2019

This week, we bring to you an analysis of the Supreme Court’s decision in Bharat Broadband Network Limited v. United...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

190430 ELP Arbitration Weekly Update

30 Apr 2019

This week, we analyze the decision of the Bombay High Court in Tech Mahindra Ltd. v. Tata Communications Transformation Services...

Sector Books/Booklets Litigation, Arbitration & Dispute Resolution

Arbitration in India – curated views

2 May 2019

The jurisprudence on arbitration in India is changing with each passing day. In two decades since the Arbitration and Conciliation...

Alerts & Updates Corporate & Commercial

SEBI Update : Implementat ion of Unified Payments Inter face (UPI ) in public issues

21 Apr 2019

The Securities and Exchange Board of India (“SEBI”) vide circular no.SEBI/HO/CFD/DIL2/CIR/P/2018/138 dated November 1, 2018 introduced the use of Unified...

Alerts & Updates Corporate & Commercial

SEBI Update : Royalty payments to related parties

21 Apr 2019

The Securities and Exchange Board of India (“SEBI”) vide notification no. SEBI/LAD-NRO/GN/2019/07 dated March 29, 2019 has issued the SEBI...

Newsletters Competition Law & Policy

Competition Law update Part 2 of 2019

21 Apr 2019

Volume 2 of our Competition Law update cover some of the recent significant developments in India’s competition law regime. Notably,...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

190415 Arbitration weekly update

16 Apr 2019

In this update we analyze the decision of the Supreme Court in Garware Wall Ropes Ltd. v. Coastal Marine Constructions...

Alerts & Updates Competition Law & Policy

Competition Law update April 2019

16 Apr 2019

On April 10, 2019, the Delhi High Court handed down a significant judgement on the constitutionality of certain provisions of...

Newsletters Projects, Infrastructure & Energy

Infrastructure & Energy Digest-March 2019

31 Mar 2019

The past month has witnessed several initiatives by the Government of India to give a fillip to the energy and...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

190401 ELP Arbitration Weekly Update

11 Apr 2019

In this update we analyse the Supreme Court’s recent judgment in Union of India and Ors. v. Parmar Construction Company...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

Litigation Update: Retrospective Applicability of the Negotiable Instruments (Amendment) Act, 2018

10 Apr 2019

The Bombay High Court in Ajay Vinodchandra Shah v The State of Maharashtra & anr (Criminal Writ Petition No.258 of...

News & Media Hospitality

Prevention of sexual harassment in the hospitality industry: Whose cross is it to bear?

10 Apr 2019

The #MeToo movement has compelled organizations to reconsider their HR practices to ensure the establishment of adequate safeguards for prevention...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP WTO Alert – Insight on DS 512 (Russia – Traffic in Transit)

10 Apr 2019

In a recent landmark ruling, a WTO Dispute Settlement Body panel, for the first time, upheld the “national security” exception...

News & Media Tax

Interpretation of exemption notifications in fiscal statutes

8 Apr 2019

The issue of interpretation of exemption notifications has always been a bone of contention which has plagued a plethora of...

News & Media Litigation, Arbitration & Dispute Resolution

Reflecting on the Arbitration & Conciliation (Amendment) Bill, 2018

5 Apr 2019

In a significant step towards ameliorating the Indian arbitration landscape, the Arbitration and Conciliation (Amendment) Act, 2015 (“Amendment Act”) was...

News & Media Data Protection

WhatsApp users get more control over group chats

4 Apr 2019

Tushar Ajinkya, Partner, Economic Laws Practice, shares his thoughts with The Economic Times on WhatsApp’s new privacy setting that will...

News & Media Banking & Finance

A chance for promoters to pull out distressed companies

2 Apr 2019

Babu Sivaprakasam, Partner, Economic Laws Practice shares his thoughts with The Hindu Business Line on the Supreme Court’s order which...

News & Media Banking & Finance

Legal fraternity divided on apex court order on NPA circular

2 Apr 2019

Babu Sivaprakasam, Partner, Economic Laws Practice shares his thoughts with The Economic Times on the Supreme Court’s judgement quashing the...

News & Media International Trade

MeitY miffed at ministries’ sectoral data policies ahead of privacy law

1 Apr 2019

The draft ecommerce policy’s section on ‘data’ is interfering with the proposed Personal Data Protection (PDP) Bill 2018, officials at...

News & Media International Trade

India’s E-Commerce policy & the WTO

29 Mar 2019

The World Trade Organisation (“WTO”) is the world’s largest, (and on many issues, the only) multilateral body for trade related...

News & Media International Trade

United States Intention to Withdraw GSP Benefit to India

29 Mar 2019

On March 4, 2019, the Office of the United States Trade Representative (“USTR”) issued a Press Release conveying the intention of...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Weekly Arbitration Alert-Adani Enterprises Ltd v Antikeros Shipping Corporation

28 Mar 2019

It is trite law that in an international commercial arbitration, when parties are unable to agree to the appointment of...

News & Media Tax

The Real Estate Sector: Finally Witnessing Its Silver Lining?

25 Mar 2019

The GST Council had recommended the rate reduction in GST from 12 %  to  5%  and 8 %  to 1%...

Sector Books/Booklets Competition Law & Policy

Analysing India’s draft E-Commerce policy

25 Mar 2019

Government of India recently released the draft ‘National E-commerce Policy’ on 23rd February 2019, with the stated objectives of regulating e-commerce...

News & Media Corporate & Commercial

Opinion | How should investors view MF staff investing in own funds?

25 Mar 2019

The aim of this initiatives, typically, is to demonstrate 'skin in the game'. Neil Borate experts if this is indeed...

News & Media Defence & Aerospace

What’s The Real Cost Of Rafale Purchase?

18 Mar 2019

No stone has been left unturned to attack the Rafael purchase by the Opposition Party. This has been equally and...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

12 Mar 2019

In this week’s coverage of the latest developments in arbitration law, we take a look at the Bombay High Court’s...

News & Media Corporate & Commercial

Legal Era Magazine Feb 2019 Issue

5 Mar 2019

Increasing reliance on conducting of forensic investigation coupled with legal health review, has helped various global private equity investors in...

News & Media Corporate & Commercial

Fundamental tenets and laws of succession planning

11 Mar 2019

Be it India’s biggest conglomerate or small family businesses, everyone is grappling with succession planning to ensure that the wealth...

Newsletters Projects, Infrastructure & Energy

ELP’s Energy and Infrastructure Digest February 2019

11 Mar 2019

This month has witnessed a lot of positive traction for the energy sector. The Ministry of Commerce announced the Draft...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

6 Mar 2019

Given is the analysis  of the decision of the Delhi High Court (“Court”) in Cinevistaas Ltd. v. Prasar Bharti. In this...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Litigation Weekly Update MMTC Ltd. V/s M/s Vedanta Ltd.

4 Mar 2019

This week, we take a look at the Supreme Court’s recent judgment in MMTC Ltd. V/s M/s Vedanta Ltd. where the Appellant...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

EPFO: The Regional Provident Fund Commissioner (II) West Bengal vs. Vivekananda Vidyamandir & Ors

4 Mar 2019

The Hon’ble Supreme Court of India vide its recent decision in the matter of The Regional Provident Fund Commissioner (II) West...

News & Media Tax

ELP Rohit Jain on BTVI News GST Council Post Discussion

28 Feb 2019

Rohit Jain, Partner at Economic Laws Practice in conversation with BTVI (Business India Television) on GST Council’s approval of lowering...

News & Media Defence & Aerospace

India shows military might as it pushes for defence sector self-reliance

24 Feb 2019

In the skies above Bangalore, India over the past few days, the country has had its fighter jets and helicopters...

News & Media Tax

Unsold flats to see demand

25 Feb 2019

The GST Council on Sunday gave the much-needed boost to affordable housing segment as it slashed GST rate on under-construction...

News & Media Corporate & Commercial

The National Financial Reporting Authority(NFRA) – A Case Of New Audit Governance In India

23 Feb 2019

The Standing Committee on Finance’s 21st Report on the Companies Bill, 2009, recommended the need for an independent body to...

Insights Competition Law & Policy

Regulatory Update – Draft National e-commerce policy

26 Feb 2019

Dear Reader The Department for Promotion of Industry and Internal Trade released the draft ‘National E-commerce Policy’ on Saturday, 23rdFebruary...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

M/S SCG Contracts India Pvt Ltd v K.S.Chamankar Infrastructure Pvt Ltd1 (Supreme Court, 12 February 2019)

22 Feb 2019

Introduction 1. The Supreme Court of India considered the issue whether the written statement can be filed by a Defendant...

Alerts & Updates Corporate & Commercial

CA2013 | Companies to become ‘ACTIVE’ by April 25, 2019 – ROC may initiate action for removal of name on failure to file e-form ACTIVE

22 Feb 2019

The Ministry of Corporate Affairs has introduced a new norm to identify active companies and thus only those companies which...

Alerts & Updates Corporate & Commercial

Relief to start-up companies from Angel Tax – DPIIT issues notification to revise exemptions for start-ups under Section 56(2)(viib)

21 Feb 2019

Given its direct impact on availability of capital, taxation of start-ups on account of issuance of shares at a premium...

Alerts & Updates Tax

ELP GST Update

21 Feb 2019

1. CIRCULARS No. 89/08/2019-GST dated February 18, 2019 - It has been brought to the notice of the Board that...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Alert

19 Feb 2019

This week, we take a look at the Supreme Court’s recent judgment in Jaiprakash Associates Ltd. (JAL) v. Tehri Hydro Development Corporation India...

ELP Knowledge Series Banking & Finance

ELP Knowledge Series – India Update Part 1 of 2019

19 Feb 2019

This iteration of ‘India Update – Part 1 of 2019’ examines the emerging landscape with respect to arbitrations in India...

News & Media Tax

A look at the Pre-Import condition under GST regime

12 Feb 2019

In, what is one of the most significant drive of GST Council to issue clarifications addressing ambiguities and showering rate...

News & Media Tax

Package Scheme of Incentives in Maharashtra – Is it actually incentivizing?

15 Feb 2019

With a view to encourage industrialization, especially in the lesser developed areas within India’s States, various state governments have introduced...

Insights Defence & Aerospace

Implementation of Artificial Intelligence in Indian Defence Services

13 Feb 2019

In keeping with the Hon’ble Finance Minister’s interim budget speech, a Task Force was constituted by the Ministry of Defence...

News & Media Corporate & Commercial

Amendment to Insider Trading Regulations: An Incentive for Insiders?

8 Feb 2019

On 31 December 2018, the Securities and Exchange Board of India (“SEBI”) issued an amendment to the SEBI (Prohibition of Insider Trading)...

News & Media Corporate & Commercial

Real Estate Intermediaries: A Missed Opportunity in the Recent ECB Framework?

12 Feb 2019

Recently, the Reserve Bank of India (“RBI”), through the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018, consolidated all the...

Insights Defence & Aerospace

Indian Defence Market – The Opportunity

11 Feb 2019

This Paper briefly explains the Defence & Aerospace opportunity with an analysis of the market size, defence budget and procurement...

Insights Defence & Aerospace

India & The US – The Way Forward in the Defence Industry

11 Feb 2019

India - US Growing Relationship In 2016, the US recognised India as a “Major Defence Partner”, a designation that allows...

Insights Defence & Aerospace

India & Israel – Strategic Collaborations in the Defence Industry

11 Feb 2019

India - Israel Growing Relationship Over the last 5 years, Israel has emerged as India’s largest source of supply for...

News & Media Defence & Aerospace

India’s proposed offset policy: Can it be the new dawn?

29 Jun 2018

The concept of offset, as understood in the defence sector, primarily aims to benefit a buyer over and above the...

News & Media

SC relief for Nirav Modi firm’s former directors

6 Sep 2018

Three former independent directors of one of fugitive jeweller Nirav Modi’s firms won a temporary reprieve from the Supreme Court,...

News & Media

Sebi accepts Kotak Committee recommendations

21 Sep 2021

In light of various developments in the realm of corporate governance across the globe and in continuation of its role...

News & Media

Two key hires strengthen ELP

8 Jun 2018

Economic Laws Practice (ELP) has appointed Ashutosh Gupta as a partner of the strategy and planning practice and Karishma Maniar as...

News & Media Corporate & Commercial

Neev Fund backs Lucknow-based Mahendra Educational

13 Apr 2018

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

News & Media Tax

A year later, uncertainties on GST implementation mar realty sector

1 Jul 2018

CHENNAI: At the time of Good and Services Tax (GST) implementation last year,  the provision of input tax credit and...

News & Media

CCI verdicts fail to act as deterrents to malpractice

2 Jan 2018

Five years on, that CCI verdict has lost most of its sting after being tossed back and forth between various...

News & Media

What a trade war might mean for India

31 Mar 2018

It is not the direct impact of tariffs of steel and aluminium that are a major concern to India's economy...

News & Media

Banks uncertain about recovering their dues after FEO tag on Vijay Mallya

9 Jan 2019

Mumbai: Lenders to Vijay Mallya seem uncertain about the fate of their dues after the beleaguered liquor baron was declared...

News & Media Hospitality

Marriott eyes over 10% in Raheja’s Chalet Hotels

28 Jan 2019

MUMBAI: Marriott International, the world’s largest lodging company, is considering buying a significant minority stake in Chandru L Raheja’s hotels...

News & Media

It’s advantage ArcelorMittal, as NCLT rejects Essar Steel promoters’ plea to repay debt

30 Jan 2019

In a blow to the Ruias and their hope to retain crown jewel Essar Steel, the National Company Law Tribunal...

News & Media

E-Commerce FDI Policy: Bored Game

5 Jan 2019

In a magical move, the Indian government has both outlawed private label sales by e-commerce platforms and said private label...

News & Media

Ecommerce mess: Why a convoluted regulatory regime has spooked investments and enterprises

4 Jan 2019

On August 8, 2018, the Competition Commission of India (CCI) cleared the acquisition of Flipkart by Walmart. The government touted...

News & Media

Indian law firms evolve practice to keep up with India Inc.

4 Jan 2019

Mumbai: Indian law firms are developing newer practice areas—from forensic to artificial intelligence (AI) and from blockchain to defence advisory—to keep...

News & Media

Sebi committees a glimpse into Ajay Tyagi’s style quotient

3 Jan 2019

Mumbai: Every leader brings in a unique management style that is a mix of his personality and work experience. Ajay...

Insights Defence & Aerospace

Amendments to Defence Procurement Procedure 2016

5 Feb 2019

With an aim to simplify the defence procurement process for foreign and domestic OEMs, The Indian Ministry of Defence (“MoD”)...

News & Media Projects, Infrastructure & Energy

U.S. Oil Sanctions On Venezuela Could Be An Energy Windfall For India And China

31 Jan 2019

Oil sanctions imposed by the U.S. on Venezuela earlier this week could prove to be an energy windfall for India...

News & Media Banking & Finance

Budget 2019: Judicial Reform Is What This Economy Needs Now

2 Feb 2019

Usually, a vote on account is a non-event in the cycle of India’s annual media event surrounding the budget. However,...

Newsletters Defence & Aerospace

ELP Defence & Aerospace Quarterly Update

4 Feb 2019

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

Insights Banking & Finance

Interim Union Budget 2019 – An Analysis

1 Feb 2019

Dear Reader, The Hon’ble Interim Finance Minister Mr. Piyush Goyal announced the Interim Union Budget 2019 today. The attached booklet...

Insights Projects, Infrastructure & Energy

ELP’s Infrastructure Energy Digest – January 2019

31 Jan 2019

January 2019 has seen a lot of positive momentum from central & state governments and regulators in the energy sector....

Alerts & Updates International Trade

Wassenaar Arrangement – Updated List of Advisory Questions 2018

28 Jan 2019

Recently, the Participating States of the Wassenaar Arrangement (“WA”) have decided to update the List of Advisory Questions for the...

Insights Policy & Regulation

Draft Indian Drones Policy 2.0

23 Jan 2019

The Ministry of Civil Aviation (“MCA”) had previously constituted a task force to make recommendations to tackle the challenges that...

Insights Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

23 Jan 2019

This week’s update deals with a recent decision of the Delhi High Court (“HC”), Republic of India through Ministry of Defence Vs...

Events & Webcast

Taxsutra & ELP Present Webinar on ‘Cross Charge vs ISD under GST regime’

25 Jan 2019

A confusion galore has been created by recent pronouncements of the advance ruling authorities and subsequently by the corresponding appellate authorities,...

News & Media Tax

ELP’s Harsh Shah – Zee Business

14 Jan 2019

Harsh Shah, Partner, Economic Laws Practice, in an interview with Zee Business comments on the various assumptions made about the...

News & Media Tax

ELP’s Anay Banhatti- Zee Business

15 Jan 2019

Anay Banhatti, Partner, Economic Laws Practice in an interview with Zee Business explains the GST exemption for small enterprise Goods...

Insights Competition Law & Policy

ELP Competition Law & Policy Update Volume 4 of 2018

16 Jan 2019

In our constant efforts to provide useful updates from India to our readers in the most readable and interesting presentation,...

Insights Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Alert

15 Jan 2019

Dear All, This week, we discuss the Supreme Court’s recent judgment in The Government of Haryana PWD Haryana (B and...

Insights Projects, Infrastructure & Energy

Infrastructure and Energy Digest – December 2018

10 Jan 2019

Dear Reader, At the outset wishing you a very happy, healthy and joyful 2019. Please find attached ELP’s monthly roundup...

Insights Private Equity & Venture Capital

Private Equity Case Update

3 Jan 2019

Maharana Infrastructure and Professional Services Ltd. v. Matrix Partners India Investment Holdings LLC 1 (Bombay High Court, January 3, 2019)...

News & Media Competition Law & Policy

Regulatory Ambiguity and the Indian Economy

8 Jan 2019

On August 8, 2018, the Competition Commission of India (CCI) cleared the acquisition of Flipkart by Walmart. The government touted...

News & Media

Small players in e-commerce industry welcome new rules floated by Indian govt

27 Dec 2018

The government's move to tighten norms for online marketplaces with foreign investment will close the "back door" that has been...

News & Media

Indian Online Companies Welcomes New e-Commerce Norms in India

28 Dec 2018

The government’s move to ghten norms for online marketplaces with foreign investment will close the “back door” that has been...

News & Media

Industry players hail new norms for e-commerce cos

28 Dec 2018

The government’s move to tighten norms for online marketplaces with foreign investment will close the “back door” that has been...

News & Media

New e-biz rules: Flipkart for broad market-driven framework via consultative process

28 Dec 2018

Bengaluru: India’s largest online marketplace Flipkart has requested New Delhi that a broad, market-driven framework for the ecommerce industry be...

News & Media

New norms to ensure balanced growth of e-commerce: Snapdeal

27 Dec 2018

The revised Foreign Direct Investment (FDI) policy on e-commerce would ensure balanced growth of the online industry with gains for...

News & Media

New norms for e-commerce cos to create level-playing field, help MSMEs: Industry

27 Dec 2018

New Delhi: The government's move to tighten norms for online marketplaces with foreign investment will close the "back door" that...

News & Media

Legal experts highlight way ahead for ecommerce companies

28 Dec 2018

As e-commerce companies evaluate the implications of the new policy on FDI in e-commerce, legal experts said there are a few steps that...

News & Media

Carts toppled, e-tailers look for deliverance

28 Dec 2018

As e-commerce companies evaluate the implications of the new policy on FDI in e-commerce, legal experts said there are a...

Events & Webcast

Litigation Trends in GST – Part II

20 Nov 2018

Join our special webinar on ‘Litigation trend in GST Part-2’, by Mr. Rohit Jain, Mr. Gopal Mundhra and Mr. Jitendra...

Insights

Court Update

21 Sep 2021

Online Sales of Medicines: Madras High Court Petition By the judgment (dated 17.12.2018) in the matter captioned The Tamil Nadu...

Events & Webcast

Taxand Asia – Regulatory Updates Webinar (January)

2 Jan 2019

Dear Patron, We “Taxand – Your global tax partner” in association with our partners from various jurisdiction will be hosting...

Insights Corporate & Commercial

DIPP Press Note on the Consolidated FDI Policy for E-Commerce

28 Dec 2018

The Department of Industrial Policy and Promotion (DIPP) has issued Press Note 2 on 26 December 2018 which shall come...

Insights Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

26 Dec 2018

SUPREME COURT REITERIATES THAT HIGH COURTS POSSESS THE INHERENT JURISDICTION TO RECALL THEIR OWN ORDERS Municipal Corporation of Greater Mumbai...

Insights Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

17 Dec 2018

SUPREME COURT DENOUNCES EXCESSIVE FORMALISM WHILE ENFORCING ARBITRAL AWARDS Introduction The Supreme Court in a recent decision, P.E.C. Limited v....

Insights Litigation, Arbitration & Dispute Resolution

In the High Court of Delhi at New Delhi, BGP Products Operations GMBH and ANR vs. UOI & ORS; W.P.(C) 6084/2018, C.M. APPL.23517/2018

12 Dec 2018

Dear Reader, The Division Bench of the Hon’ble High Court of Delhi, comprising of Hon’ble Mr. Justice S. Ravindra Bhat...

Insights Competition Law & Policy

India Competition Law India Update

7 Dec 2018

The Supreme Court of India, in a significant judgement (Competition Commission of India vs. Bharti Airtel Limited & Ors.), has,...

Newsletters Projects, Infrastructure & Energy

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

5 Dec 2018

Dear Reader With payable loans to the tune of USD 78 billion, about 66 GW of conventional energy in India...

Insights Projects, Infrastructure & Energy

What are Renewable Purchase Obligations and how to effectively meet RPO targets?

7 Nov 2018

Enforcement of RPO targets, despite availability of RECs, is poor. The government has launched RPO Compliance Cell, which will coordinate...

Insights Tax

ELP GST Update

27 Nov 2018

1. Advance Authority Ruling M/s Premier Vigilance & Security Pvt. Ltd. [2018-TIOL-243-AAR-GST] The Applicant is a provider of security services...

Insights Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

28 Nov 2018

BOMBAY HC: DISPUTE RESOLUTION CLAUSE WHICH PROVIDES PARTIES WITH THE CHOICE TO OPT FOR ARBITRATION OR COURT LITIGATION IS NOT...

Insights Data Protection

European Commission comments on Personal Data Protection Bill, 2018

27 Nov 2018

The expert committee set-up under the chairmanship of Justice B. N. Srikrishna for formulation of data protection regime in India,...

Insights International Trade

Turbulence in International Trade

27 Nov 2018

On 22nd November 2018, the World Trade Organization (“WTO”) issued its 20th Monitoring Report (Mid-May 2018 to Mid-October 2018) on...

Events & Webcast Tax

Taxsutra Webinar Invitation

22 Nov 2018

Dear Patrons, It’s been one year since the introduction of GST in India. In view of magnitude of changes brought...

Insights Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update

16 Nov 2018

M/s Larsen and Toubro Limited Scomi Engineering BHD v. Mumbai Metropolitan Region Development Authority (Supreme Court, 3 October 2018) Introduction...

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 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...

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...

Insights International Trade

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...

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 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 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)...

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

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

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...

News & Media Banking & Finance

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

21 Sep 2021

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

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

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

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...

News & Media Tax

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...

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

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

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

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

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 International Trade

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....

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...

Newsletters 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 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...

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...

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,...

Insights International Trade

Trade Security Journal – KYC: A Process Ripe for Automation

19 Sep 2018

Understanding India’s offset policy India, the world’s largest importer of arms, would like to be self-sufficient in defence production. But...

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...

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;...

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...

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

14 Sep 2018

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

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...

ELP Knowledge Series Banking & Finance

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...

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

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...

Sector Books/Booklets Litigation, Arbitration & Dispute Resolution

The Changing Landscape of Arbitration in India

21 Sep 2021

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

News & Media Banking & Finance

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)...

News & Media Data Protection

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...

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

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

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

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

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

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

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...

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...

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 Real Estate

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 Litigation, Arbitration & Dispute Resolution

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

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...

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...

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...

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 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 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 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 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 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 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 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 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

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 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 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...

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...

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 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 | 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 | 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 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 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 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 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...

Newsletters International Trade

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

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,...

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

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...

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...

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...

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 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 | 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 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 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...

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 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...

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...

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...

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 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...

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...

Newsletters International Trade

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 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...

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 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)...

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

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

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 Tax

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 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

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

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 Litigation, Arbitration & Dispute Resolution

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

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...

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

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

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

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

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...

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

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

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

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

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

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...

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

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

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

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

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

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

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

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

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

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

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

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...

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

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

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

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

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

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

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

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

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...

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...

Sector Books/Booklets Banking & Finance

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...

Sector Books/Booklets Hospitality

The Hospitality Industry in India – A guide to Legal Issues

5 Apr 2019

The rapid and unprecedented changes witnessed by hospitality industry over last few years have helped shape this sector in its...

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,...

Sector Books/Booklets Corporate & Commercial

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...

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...

Sector Books/Booklets Hospitality

Hospitality – Indian Legal Issues

21 Sep 2021

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

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...

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....

Sector Books/Booklets Tax

GST Weekly Update Compilation

15 Sep 2017

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,...

Sector Books/Booklets Banking & Finance

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 Corporate & Commercial

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...

Sector Books/Booklets International Trade

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...

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

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 Corporate & Commercial

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...

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...

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

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

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...

Insights

EV Ecosystem

21 Sep 2021

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

News & Media Tax

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...

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...

Insights

IBC India Guide

21 Sep 2021

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

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...

Insights Policy & Regulation

ELP Update – Amendments to the Prevention of Corruption Act

21 Sep 2021

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

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

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...

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

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

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...

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...

News & Media Tax

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...

Insights Tax

Anti-profiteering provisions under GST: Analysing the emerging paradigm

21 Sep 2021

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

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...

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

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

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...

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...

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 –...

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

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

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...

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 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 | 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 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 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 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 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,...

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

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 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 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 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 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 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 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 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

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 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 &...

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 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...

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 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 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 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 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 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 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...

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...

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 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...

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 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...

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...

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 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 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...

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 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...

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 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

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 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 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 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 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

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...

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 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...

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 | 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

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 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

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 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

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

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...

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...

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...

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

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...

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

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

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...

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...

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...

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 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....

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 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 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 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

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 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 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...

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...

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

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

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

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 | 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 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 International Trade

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 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...

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 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 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...

ELP Knowledge Series Banking & Finance

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...

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 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...

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 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...

Newsletters International Trade

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...

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...

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