Indian Government answers call to modernise the telecom regime
Download .pdf The Telecommunications Act, 2023 (the “2023 Act”), which is yet to be notified, is set to amend and consolidate laws pertaining to the...
SC ruling on insufficient stamp duty not making an agreement void or unenforceable
A seven-judge bench of the Supreme Court has overruled the judgement of a five-judge bench rendered in April this year in N.N.Global Mercantile...
India’s Draft Broadcasting (Regulation) Bill, 2023 – An update
Download .pdf Last month, the Ministry of Information and Broadcasting (the “MIB”) released the draft Broadcasting Services (Regulation) Bill, 2023...
India’s Supreme Court blesses personal guarantor insolvency provisions
Download .pdf In the recent case of Dilip B. Jiwrajka v. Union of India (Writ Petition (Civil) No. 1281 of 2021), the Constitutional Bench of the...
Indian regulators direct private companies and AIFs to dematerialize their shares
Download .pdf Last month, India’s Ministry of Corporate Affairs (the “MCA”) notified the Companies (Prospectus and Allotment of Securities) Second...
Lack of evidence of loss of profit in an arbitral award renders the award as contrary to public policy
Download .pdf In Unibros v. All India Radio, India’s Supreme Court (the “SC”) set aside an arbitral award that allowed a claim for damages without...