by Majmudar & Partners | Aug 29, 2025 | Authored by Rukshad Davar, Policy & Governance Updates
On August 14, 2025, the Reserve Bank of India (“RBI”) released the draft Foreign Exchange Management (Guarantees) Regulations, 2025 (“Draft Regulations”) for public comments. The Draft Regulations seek to replace the Foreign Exchange Management (Guarantees)...
by Majmudar & Partners | Aug 7, 2025 | Disputes and Arbitration, Employment Law
Download .pdf Introduction In India, restrictive covenants are subject to strict scrutiny. Just recently, in Vijaya Bank & Anr. v. Prashant B. Narnaware, 2025 INSC 691, India’s Supreme Court, while specifying that its ruling should not be treated as...
by Majmudar & Partners | Jul 24, 2025 | Tax
Download .pdf Introduction In the recent case of Bray Controls South East Asia Pte Ltd v. Commissioner of Income (International Taxation), W.P.(C) 17911/2024, the Delhi High Court (the “HC”) examined an intragroup transfer of shares and highlighted the importance of a...
by Majmudar & Partners | Jun 3, 2025 | Employment Law
Download .pdf Introduction In the recent case of Vijaya Bank & Anr. v. Prashant B. Narnaware (2025 INSC 691), India’s Supreme Court (the “SC”) examined the validity of an employment bond, which requires an employee to pay liquidated damages to the employer in case...
by Majmudar & Partners | May 28, 2025 | Dispute Resolution, Disputes and Arbitration
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 approved resolution plan (the “Resolution Plan”) and directed liquidation of Bhushan Power and Steel Ltd. (“BPSL”) negating...
