FEMA notification confirms legality of bonus shares issued to foreign shareholders in prohibited sectors
On June 11, 2025, the Department of Economic Affairs, Ministry of Finance, Government of India issued Notification S.O. 2549(E) (“2025 Notification”) amending Rule 7...
Enforceability of employment bonds in India: SC clarifies Indian Contract Act provisions
Introduction
In the recent case of Vijaya Bank & Anr. v. Prashant B. Narnaware (2025 INSC 691), India’s Supreme Court (the “SC”) examined the validity...
Supreme Court directs status quo to be maintained in the liquidation of Bhushan Power and Steel Ltd.
Introduction
In Kalyani Transco v. M/s Bhushan Power and Steel Ltd. (2025 INSC 621), the Supreme Court (the “SC”) set aside the approved resolution plan...
The evolving state of play for entry of foreign law firms in India: BCI notifies revised rules
The Bar Council of India (the “BCI”) has, recently, revised and re-notified the Bar Council of India Rules for Registration and Regulation of Foreign...
Data protection and cross-border data transfer: Navigating legal compliance
On World Telecommunication and Information Society Day, we reflect on the role of data protection in a digitally connected world. With the DPDP Act...
