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...
The evolving state of play for entry of foreign law firms in India: BCI notifies revised rules
Download .pdf The Bar Council of India (the “BCI”) has, recently, revised and re-notified the Bar Council of India Rules for Registration and...
Data protection and cross-border data transfer: Navigating legal compliance
On World Telecommunication and Information Society Day, we reflect on the role of data protection in a digitally connected world. With the DPDP Act...
Forfeiture of gratuity does not require criminal conviction as a prerequisite
Download .pdf Introduction In the recent case of Western Coal Fields Ltd. v. Manohar Govinda Fulzele, 2025 INSC 233, the Supreme Court...