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16 Oct '20
Hello! Welcome back to our updates on arbitration law. The biggest development for Indian arbitration since we last wrote to you has been the Permanent Court of Arbitration’s decision in favour of Vodafone International Holding BV in relation to the retroactive applicability of tax. Naturally, the decision will have some policy implications. The Indian government’s […]
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01 Oct '20
We are back in your inbox with updates from India’s corporate legal landscape for the month of September. This month witnessed the shortest monsoon session of the Parliament and arguably the most effective one. Parliament amended the Companies Act, 2013 to decriminalise certain offences, relax CSR obligations and beneficial ownership compliances, setting up of new […]
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26 Sep '20
Hello! Welcome back to updates on arbitration law. The London Court of International Arbitration (LCIA) has released the LCIA Arbitration Rules and the LCIA Mediation Rules (2020). The updates in the rules aim to provide a more streamlined process for arbitrators, mediators, and contesting parties. Among the changes was the introduction of electronically signed awards […]
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11 Sep '20
Hello and welcome back to the updates on Indian insolvency law! Following the Enforcement Directorate’s plea that the National Company Law Appellate Tribunal had no jurisdiction to unfreeze and approve the sale of an asset attached by it, JSW Steel’s ₹19,700-crore bid to acquire Bhushan Power is hanging by a thread. After the agency filed […]
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01 Sep '20
Hello! We are back in your inbox with updates from India’s corporate legal landscape for the month of August. The key announcement made last week is the notification of changes to Section 92 of the Companies Act, 2013, which requires every company to place a copy of the annual return of the company on its […]
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01 Sep '20
Hello! Welcome back to updates from the world of arbitration for July, 2020. Courts in India have not resumed full normal functioning and various high courts have extended their interim orders – Delhi up to 31 October, Karnataka up to 30 September, Kerala up to 7 September, Allahabad up to 31 October, Bombay up to […]
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24 Aug '20
Hello! Welcome to the updates from Indian insolvency law for July, 2020. In what could be considered a reversal of the trend, the Reserve Bank of India has allowed one time restructuring of loans taken by corporate borrowers and personal loans. The facility is available to borrowers whose accounts were standard on March 1, 2020 […]
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Greetings from Sarthak Advocates & Solicitors! In collaboration with Eduvisors, Sarthak Advocates & Solicitors is organizing a 3-episode webinar series titled, “National Education Policy 2020: Policy to Practice”. With the National Education Policy 2020 (NEP) already rolled-out and being discussed, appreciated and critiqued across various stakeholders, there is a need to gain a deeper understanding […]
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04 Aug '20
Welcome to our updates from the world of corporate law and regulation. With Covid-19 redefining normalcy in business, corporate India has begun the process of closing last year’s financials and strategising their business plans for the remaining three quarters. Last week, the Ministry of Corporate Affairs amended the Companies (Indian Accounting Standards) Rules, 2015 after […]
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20 Jul '20
Welcome back to our updates on Indian insolvency law for June, 2020. On July 1, the IBBI released a discussion paper to regulate the number of assignments that may be handled by insolvency professionals under the IBC. It proposes to cap the number of assignments to five CIR or liquidation (including voluntary liquidation) processes. The […]