Circular issued against the unnecessary prosecution of non-executive and independent directors of Indian companies
Background and Jurisprudence Typically, independent and non-executive directors of Indian companies are not involved in the daily management or...
Rukshad Davar’s Key insights on Union Budget 2020
Rukshad Davar chalks down his key insights and takeouts from the Union Budget 2020. [video width="1384" height="720"...
India’s Budget 2020-21: key highlights
Introduction India’s Union Budget (the “Budget”) was announced on February 1, 2020, and the Finance Bill, 2020 (the “Finance Bill”) was tabled in...
Will the new insolvency ordinance increase special situations in M&A in India?
At the end of December, the Indian government promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019 (the “Ordinance”) to iron...
India’s Supreme Court rules on the role of insolvency stakeholders and equality of creditors
On November 15, 2019, the Supreme Court (the “Court”) ruled on several contentious aspects of the Insolvency and Bankruptcy Code, 2016 (the “Code”)...
The new foreign direct investment norms for insurance intermediaries
Background Previously, foreign direct investment (“FDI”) in insurance intermediaries was treated at par with FDI in insurance companies and was...