Updates



Quick updates to help our readers stay up to date on various legal and regulatory developments. It is not intended to be an analysis on the subject, but merely a brief snapshot.

08th May, 2019

Delhi HC: Vires of Competition Act

  • Competition,
  • Disputes

The Hon’ble High Court of Delhi, in the matter of Mahindra Electric Mobility Limited and Anr. v. Competition Commission of India and Anr. along wit...

03rd May, 2019

Supreme Court - Minimum Wages Act

  • Labour & Employment,
  • Disputes

On April 29, 2019, Supreme Court in the case of Hindustan Sanitaryware and Industries Ltd. v. State of Haryana decided on certain issues under the...

03rd May, 2019

Trade unions can file IBC petition as operational creditor

  • Corporate Restructuring & Insolvency,
  • Disputes

On April 30, 2019, the Supreme Court of India passed a judgment in the matter of JK Jute Mill Mazdoor Morcha v. Juggilal Kamlapat Jute Mills Compan...

03rd May, 2019

Delhi HC on territorial jurisdiction of court in entertaining Section 34 application in view of exclusive jurisdiction clause

  • Disputes

In the attached judgment the issue which fell for consideration before the Hon’ble Delhi High Court was whether the instant section 34 application ...

30th Apr, 2019

Delhi HC on scope of interference with factual findings by the arbitrator

  • Disputes

In the judgment attached the issue which fell for consideration before the Hon’ble Delhi High Court was whether factual findings of an arbitrator c...

30th Apr, 2019

RBI Update | Ombudsman scheme for NBFCs

  • Finance

The Reserve Bank of India (“RBI”) had vide a notification dated February 23, 2018, introduced the Ombudsman Scheme for Non-Banking Financial Compan...

30th Apr, 2019

RBI Update | Investment by FPI in debt

  • Corporate and M&A,
  • Private Equity & Venture Capital,
  • Finance

The Reserve Bank of India (“RBI”), on April 18, 2019, notified the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident ...

26th Apr, 2019

Delhi HC on applicability of arbitration clause of one instrument to another instrument executed contemporaneously

  • Disputes

In the attached judgment the issue which fell for consideration before the Hon’ble Delhi High Court was whether there was valid incorporation of ar...

26th Apr, 2019

GST not applicable in case of slump sale

  • Indirect Tax

On March 26, 2019, Authority for Advance Ruling (Goods and Service Tax) Uttarakhand (“AAR”) passed a ruling in a matter which involved an issue whe...

08th Apr, 2019

One sided clauses in builder-buyer agreement is an unfair trade practice

  • Real Estate,
  • Disputes

On April 2, 2019, the Supreme Court passed a judgment in the matter of Pioneer Urban Land & Infrastructure Limited v. Govindan Raghavan (C.A. No. 1...

02nd Apr, 2019

Hon'ble Supreme Court on the essential pleadings in a suit for specific performance

  • Disputes

On January 7, 2019 the Hon’ble Supreme Court passed a judgment in the matter of Kamal Kumar v. Premlata Joshi (Civil Appeal No.4453 of 2009).

02nd Apr, 2019

RBI Update | Establishment in India of a branch office/ liaison office/ project office or any other place of business

  • Corporate and M&A

The Reserve Bank of India (“RBI”), on March 28, 2019, has issued a circular A.P. (DIR Series) Circular No. 27 (“Circular”), in relation to the For...



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