OUR SUPPORT The recent outbreak of COVID-19 is having a devasting impact on our clients’ businesses, operations, workforce and morale. From ‘growth’, ‘business plans’, ‘targets’, ‘recruitment’, the discussions have shifted…
FORCE MAJEURE AND CORONAVIRUS: FREQUENTLY ASKED QUESTIONS Part 1: Force Majeure and Suspension/Termination of Contracts Coronavirus (COVID-19) is turning out to be a twin fold pandemic – that started with…
CONVERTIBLE NOTE: INVESTMENT VENTURE Authors: Madhavan Srivatsan, Aiyush Gupta and Khizer A. Qureshi 1. Preface With the term ‘start-up’, the term ‘investment’ immediately comes in one’s mind and in the…
LIQUIDATED DAMAGES CANNOT TRIGGER INSOLVENCY PROCEEDINGS Judgment: Gujarat Urja Vikas Nigam Limited vs Nitash Co-generation Private Limited Forum: National Company Law Tribunal, Mumbai Bench (“NCLT”). Act/Law: The Insolvency and Bankruptcy…
DEBENTURES AS INVESTMENT INSTRUMENT A. Introduction The term ‘Debentures’ as defined under the Companies Act, 2013 (“Act”) includes “debenture stock, bonds or any other instrument of a company evidencing a…
Open General Export Licenses In lieu of the Government’s mandate to ensure ease of doing business, the Department of Defence Production (DDP) has published two notifications dated October 21, 2019…
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).…