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Blogs

The Mediation Bill, 2021: A Primer

The Mediation Bill, 2021: A Primer The Mediation Bill, 2021 (“Bill”) was introduced in the Rajya Sabha in the year 2021 with the aim of encouraging and regulating the practice...

Family Offices-Family Investment Fund in Gift City

INTRODUCTION The Gujarat International Finance Tech-city (hereinafter referred to as “GIFT”) SEZ has been established as a centre for international financial services. It is the first and only International Financial...

Audi alteram partem to be read into RBI’s Master Directions on Frauds – Classification and Reporting

The Reserve Bank of India (RBI) had on July 1, 2016 issued the Master Directions on Frauds - Classification and Reporting by Commercial Banks and Select FIs, 2016 (“Master Directions”)....

Big-Data Mergers in India: Changing Landscape and The Way Forward

Recently, the Competition (Amendment) Act, 2023 received Presidential assent on 11th April 2023 after being passed by both the houses of the Indian Parliament. This is considered to be a...

Liability of Partners for Acts of the Firm A Focus on Payment of Statutory Taxes

Section 25 of the Indian Partnership Act, 1932 (the “Act”) lays down the liability of partners for acts of their partnership firm. The aforesaid section expressly states that every partner...

Default Loss Guarantee Guidelines in Digital Lending – A step in the right direction

Section 25 of the Indian Partnership Act, 1932 (the “Act”) lays down the liability of partners for acts of their partnership firm. The aforesaid section expressly states that every partner...

Our Partner, Sourav Bhagat, shares his views on the recent ruling of Hon’ble Supreme Court in the case of Ghanshyam v Yogendra Rathi

Our Partner, Sourav Bhagat, shares his views on the recent ruling of Hon’ble Supreme Court in the case of Ghanshyam v Yogendra Rathi. In this case the Hon’ble Supreme Court, held...

Analysis of Changes in Taxation of Share Premium in India

Section 56 (viib) of the Income Tax Act, 1961 (“Act”) up till now provided that in case where an unlisted company issue shares to any person being a resident at...

Departmental Enquiries and White Collar Crime

Recent news in the legal sphere has been flooded with reporting on white-collar crime and adjudication of the same, with the Hon’ble Supreme Court of India holding various provisions of...

Decoding the rights of a daughter as a coparcener of a Joint Hindu Mitakshara Family

Decoding the rights of a daughter as a coparcener of a Joint Hindu Mitakshara Family. By Sanjiv Trivedi, Partner and Mahima Cholera, Associate Introduction : In a recent judgment of...

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