The Amrapali fraud: India’s foreign investment and money laundering laws should not be taken lightly by investors
Foreign investment in India is regulated by the Ministry of Finance and the Reserve Bank of India (RBI), and foreign investors have a strict onus of...
Suspension of India’s insolvency and bankruptcy code: will it add to the problem?
On June 5, 2020, the Indian government promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2020 (the “Ordinance”). The Ordinance...
M&A in India: post-lockdown trends and issues
Distress Currently, the one word that best describes the situation of many Indian companies and businesses is “distress”. The two-plus months of a...
The aftermath of COVID-19 in India: Employment law has assumed greater importance than ever before
India is the fifth-largest economy in the world with a workforce of 400 million. Several companies across the world have wholly-owned subsidiaries...
When can a liaison office or a place of business be taxed in India?
In the recent case of the UAE Exchange Centre, India’s Supreme Court (SC) highlighted the principles surrounding the taxability of foreign entities...
India eases restrictions on workplaces in the third phase of lockdown
On May 1, 2020, the Indian government further extended the ongoing countrywide lockdown until May 17, 2020. The third phase of the lockdown is based...