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.

03rd May, 2019

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

  • Disputes & ADR

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 & ADR

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 & ADR

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 & ADR

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 & ADR

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...

02nd Apr, 2019

SC - Continuation of proceedings against a company whose name has been struck off-

  • Corporate and M&A,
  • Disputes & ADR

On March 12, 2019, the Supreme Court of India passed a judgment in the matter of Commissioner of Income Tax, Jaipur v. M/s Gopal Shri Scrips Privat...

02nd Apr, 2019

RBI Notification | Disclosure in the

  • Finance

The Reserve Bank of India (“RBI”), vide a notification dated April 1, 2019 (“Notification”), has made certain changes in respect of the provisions ...

18th Mar, 2019

SC on which allowances to form part of the 'basic wages' for the purpose of EPF contribution

  • Labour & Employment,
  • Disputes & ADR

The Hon’ble Supreme Court vide its judgement dated 28th February 2019, in case of The Regional Provident Fund Commissioner (II) West Bengal v. Vive...



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