India’s Budget 2019-20: key highlights
Introduction India’s Union Budget (the “Budget”) was announced on July 5, 2019, and the Finance Bill, 2019 (the “Finance Bill”) was tabled in...
India’s Supreme Court reiterates the tests to determine whether contract labourers can be employees
In a recent ruling, India’s Supreme Court (the “SC”) reiterated the basic tests to be applied in determining whether contract labourers can be...
RBI revises framework for resolution of stressed assets
On April 2, 2019, India’s Supreme Court (the “SC”) quashed the Reserve Bank of India’s (the “RBI”) consolidated framework for resolution of stressed...
RBI releases draft guidelines to better regulate India’s shadow banks in the aftermath of the IL&Fs crisis
On May 24, 2019, the Reserve Bank of India (the “RBI”) released a draft liquidity risk management framework (the “Proposed Framework”), which is...
India’s Supreme Court allows registered trade unions to file application as operational creditors on behalf of members
In a recent ruling, the Supreme Court (the “SC”) resolved a long-standing dispute between JK Jute Mill Mazdoor Morcha (the “Union”) and Juggilal...
Amendments to India’s insider trading regulations come into effect
On December 31, 2018, the Securities and Exchange Board of India (the “SEBI”) introduced several changes to the SEBI (Prohibition of Insider Trading...