The liquidation saga of Jet Airways – speedy resolution is the key
Download .pdf The Supreme Court’s (the “SC”) decision ordering the liquidation of Jet Airways (India) Limited (“Jet Airways”) under the Insolvency...
India’s new insurance regime can change the game
Download .pdf Background India’s insurance industry is on the brink of transformative changes with the anticipated introduction of the Insurance...
How easily are MAC clauses in Indian M&A contracts enforceable
Download .pdf Background Material Adverse Effect (“MAE”) or Material Adverse Change (“MAC”) clauses are often used in mergers and acquisition...
Fact-check units: an unchecked fact checker – Part II
Download .pdf The Bombay High Court has recently struck down the 2023 amendment (the “2023 Amendment”) to the Information Technology (Intermediary...
Failure to pay salary is not criminal conduct
Download .pdf Background The former Chief Executive Officer (the “Complainant”) of Safal Life Science (P) Ltd. (the “Company”) filed a criminal...
Profit attribution to a Permanent Establishment in India – A vexed issue
Download .pdf Background Foreign companies in India are often subjected to a tax audit scrutiny by the Indian tax authorities to check if they have...