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operational creditors entitlement NCLAT
February 1, 2023

THE NCLAT SHEDS LIGHT ON ENTITLEMENT OF OPERATIONAL CRE...

Recently, the National Company Law Appellate Tribunal ("NCLAT"), in the case of Dharmindra Constructions Private Limited and Anr. vs. Rajendra Kumar Jain Resolution Professional of Kudos Chemie Limited and Ors. held that the operational creditors are only entitled for minimum of the liquidation value and in the absence of breach of any provisions of the Insolvency and Bankruptcy Code, 2016. ......
contractual discretion Supreme Court India
December 28, 2022
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No Room for Discretion in Contractual Matters

Recently, in the case of the State of Madhya Pradesh v. M/S Sew Construction Limited & Ors. , the Supreme Court ("SC") has held that discretion holds no place in matters relating to contracts unless the discretion has been expressly incorporated by the parties as part of the contract. ......
consideration in contract law India
December 1, 2021
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BACK TO THE BASICS: NO CONSIDERATION, NO SALE

On November 22, 2021, the Supreme Court of India in the case of Kewal Krishan vs. Rajesh Kumar & Ors. etc. , held that if a sale deed in respect of an immovable property is executed without payment of price and if it does not provide for the payment of price at a future, it is not a sale at all in the eyes of the law. ......

From Compliance Burden to Regulatory Agility: Key Highlights of the Corporate Laws Amendme...

The Corporate Laws (Amendment) Bill, 2026 ("Bill"), introduced in the Lok Sabha on March 23, 2026, marks another incremental and deliberate step in India's corporate law reform journey.

Legitimate Uses: India’s Most Flexible and Most Misunderstood Ground for Processing

The Digital Personal Data Protection Act, 2023 ("DPDP Act") introduces 'legitimate uses' as a lawful basis for processing personal data without consent.

Toward Inclusive Streaming: Understanding India’s New OTT Accessibility Guidelines, ...

On February 6, 2026, the Ministry of Information and Broadcasting ("MIB") issued the Guidelines for Accessibility of Content on platforms of Publishers of Online Curated Content (OTT Platforms) for Persons ...
Semaglutide Patent Dispute in India

The Semaglutide Dispute in India: Clarifying the Anticipation vs. Obviousness Divide

A typical patent infringement matter plays out thus: the patent holder / plaintiff sues for patent infringement, along with an application for an interim injunction to stop the infringer ...

Refining Press Note 3: Easing the path for Foreign Investment into India

On March 10, 2026, the Union Cabinet approved significant amendments to Press Note 3 ("Amendment Notification") which governs India's foreign direct investment policy towards investments ...

Why Delhi Companies Pay More: The Stamp Duty Discrepancy

The stamp duty applicable on the execution of agreements and various documents in India is governed by both, the Union Government and the appropriate State Governments ...
Indian Supply Chain Patent

Is Your Indian Supply Chain Patent-Proof? Lessons from the Philips Case

Identifying actors in patent infringement requires pinning down the party directly manufacturing a patented product or performing the patented process in question ...

Compliances and Consents: The Legality of Recording Digital Interactions

In an era defined by digital connectivity and interactions driven by the continuous exchange of data, modern communication has become increasingly susceptible to external surveillance. ...
Revised ECB Framework

Revised ECB Framework: Borrowing From Tomorrow

The Reserve Bank of India (the “RBI”) has amended the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 through the Foreign Exchange Management ...
obhan mason

Startup India 2.0: A Deep Tech Reset

The Indian government has updated the definition, eligibility criteria, recognition process, and compliance framework for startups, and introduced a new category ...