by Majmudar & Partners | Mar 26, 2021 | Insolvency and Restructuring
Background and Issue Whether the initiation of insolvency proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC) imposes a moratorium on proceedings against the corporate debtor, including those initiated under Section 138 of the Negotiable Instruments Act,...
by Ravi S. Raghavan | Mar 12, 2021 | Authored by Ravi S. Raghavan, Disputes and Arbitration, Tax
With regard to an over two-decade-old software royalty tax dispute, India’s Supreme Court (“SC”) has ruled that software payments made by Indian end-users or distributors and resellers to overseas software suppliers are payments for sales and not for royalties....
by Majmudar & Partners | Feb 5, 2021 | Competition, Corporate/M&A, Disputes and Arbitration
Recently, in Ireo Grace Realtech Private Limited v. Abhishek Khanna and Ors. (C.A. 5785 of 2019), India’s Supreme Court (the “SC”) examined the binding value of oppressive and one-sided contracts, and the recourse for affected parties under Indian consumer protection...
