Cross-border share swaps made easier through amendments to India’s foreign exchange regulations
Download.pdf The Indian government has recently notified the Foreign Exchange Management (Non-Debt Instruments) (Fourth Amendment) Rules, 2024 (the...
Mauritius tax treaty benefits upheld and clarity given on residency status
Download .pdf Overview Pursuant to a favourable tax ruling for Tiger Global Eight Holdings in the Policybazar case, in the Flipkart Singapore case...
Peer-to-peer lending platforms under pressure following RBI’s guidelines
Download .pdf Recently, the Reserve Bank of India (the “RBI”) introduced new comprehensive guidelines for peer-to-peer (“P2P”) lending platforms...
Validity of lock-in periods in Indian employment contracts upheld
Download.pdf In a recent ruling, the Delhi High Court (“DHC”) upheld the validity of reasonable lock-in periods in employment contracts and also...
India’s Budget 2024-25 – Key Highlights
Download .pdf Introduction India’s Union Budget (the “Budget”) was announced on July 23, 2024, and the Finance Bill, 2024 (the “Finance Bill”) was...
US bankruptcy court moratorium unenforceable in India
Download .pdf In the recent case of Uphealth Holdings, Inc. v. Dr. Syed Sabahat Azim, the Calcutta High Court (“CHC”) ruled on the enforceability of...