Year: 2020

Implications of the WTO Panel’s Decision: India – Export Related Measures (DS541) BACKGROUND On October 31, 2019, a WTO Panel issued its report in the dispute India – Export Related…

Interplay of Goods and Services Tax Laws vis-à-vis Customs Laws INTRODUCTION There is no doubt, the introduction of GST has allowed its effects to be felt in other laws, including…

Scrutiny of the Online Hotel Booking Sector by the Competition Regulator India’s e-commerce revenue is growing at an annual rate of 51% the highest in the world46. A sector which…

Consumer Protection Act, 2019: Changing Consumer Law Landscape in Changing Times INTRODUCTION The Consumer Protection Act, 2019 (new CPA) is set to replace the three-decade old 1986 enactment (old CPA).…

MCA Opens a New Way Out for an Old Problem – Squeezing Out the Minority Shareholders from a Company The Ministry of Corporate Affairs, Government of India (“MCA”) vide its…

Sanctions, Exports Controls, CFIUS and ICTS As an important foreign policy tool to tackle geopolitical challenges, the United States (US) continues to impose economic sanctions on various countries including Iran,…

SEBI Framework on Superior Voting Rights INTRODUCTION In a previous edition of ‘India Update’ (Part 2 of 2019), given the backdrop of a hostile takeover in India’s IT sector, we…

Leading Mumbai-headquartered law firm Economic Laws Practice (ELP) has created a detailed analysis of the annual union budget presented by the Finance Minister Nirmala Sitharaman on February 1, examining the…

Case Study: IBC – Essar Steel – Arcelor Mittal Judgment BACKGROUND As recommended by the Oversight Committee, the Reserve Bank of India issued a press release dated June 13, 2017…

Lessons from 2019 for the Indian Arbitration Regime: A Commercial Viewpoint INTRODUCTION The year 2019 saw a second amendment to the Arbitration and Conciliation Act, 1996 (Act) and a plethora…