Legal Capsule by Economic Law Practice
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).…
Legal Capsule by LexCounsel
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…
Legal Capsule by Economic Law Practice
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,…
Legal Capsule by Economic Law Practice
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…
Budget Analysis by ELP
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…
Legal Capsule by Economic Law Practice
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…
Legal Capsule by Economic Law Practice
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…
Legal Capsule by Economic Law Practice
Tax Litigation: The Saga Continues INTRODUCTION Litigation’, said Ambrose Bierce, ‘is a machine which you go into as a pig and come out of as a sausage’. A look at…
Cyril Amarchand Mangaldas tops League Table for Legal Advisors to M&A deals in 2019
Cyril Amarchand Mangaldas (CAM) topped the Venture Intelligence League Table for Legal Advisor to M&A Transactions in 2019. CAM advised M&A deals worth $15.8 Billion (across 46 qualifying deals). Shardul…
Legal Capsule by LexCounsel
FEMA Overhaul and Bifurcation of Debt and Non- Debt Instruments The Finance Act of 2015 had proposed certain amendments to the Foreign Exchange Management Act, 1999 (“FEMA”). After a long…