Primacy of fair market value assessments in intragroup share transfers
Download .pdf Introduction In the recent case of Bray Controls South East Asia Pte Ltd v. Commissioner of Income (International Taxation), W.P.(C)...
Navigating data protection and compliance in India
India’s Digital Personal Data Protection Act, 2023 imposes a consent requirement prior to processing of personal data and also gives a right to the...
India – recent securities law developments
Download .pdf Dematerialization of physical securities of shareholders before filing the DRHP The Securities and Exchange Board of India (the...
FEMA notification confirms legality of bonus shares issued to foreign shareholders in prohibited sectors
Download .pdf On June 11, 2025, the Department of Economic Affairs, Ministry of Finance, Government of India issued Notification S.O. 2549(E) (“2025...
Enforceability of employment bonds in India: SC clarifies Indian Contract Act provisions
Download .pdf Introduction In the recent case of Vijaya Bank & Anr. v. Prashant B. Narnaware (2025 INSC 691), India’s Supreme Court (the “SC”)...
Supreme Court directs status quo to be maintained in the liquidation of Bhushan Power and Steel Ltd.
Download .pdf Introduction In Kalyani Transco v. M/s Bhushan Power and Steel Ltd. (2025 INSC 621), the Supreme Court (the “SC”) set aside the...