Blogs
India Simplifies Cross-Border Share Swaps & Boosts Global Investment!
Exciting news for investors! The Indian government has amended its Foreign Exchange Management Rules to facilitate cross-border share swaps and support the international growth of
High Court Upholds Contractual Limits on Damages in Arbitration
The Delhi High Court recently ruled that an arbitral tribunal cannot award damages prohibited by the contract. This reinforces the principle that contractual agreements are
India Simplifies Foreign Investment Procedures with Key Amendments
India has taken another step towards enhancing its investment landscape by amending the Foreign Exchange Management (Non-debt Instruments) Rules, 2019. The changes aim to simplify
MCA Streamlines ‘Reverse Flipping’ for Foreign Companies
The Ministry of Corporate Affairs (MCA) has introduced the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2024, simplifying the process for foreign companies to merge
SEBI’s Enforcement Actions Highlight the Importance of Compliance and Governance
The Securities and Exchange Board of India (SEBI) has reiterated the critical importance of regulatory compliance and due diligence in corporate governance, particularly following its
Adherence to Regulatory Norms and Requirements – Imperative and Insights
In today’s dynamic business environment, regulatory compliance and due diligence have become non-negotiable aspects of corporate governance. The Securities Exchange Board of India (“SEBI”), as
Fast-Tracking Cross Border Mergers/Amalgamations Through Amendment In Rule 25-A Of The Companies (Compromises, Arrangement And Amalgamations) Rules, 2016.
Background The Ministry of Corporate Affairs (MCA) has published the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2024 (“Amendment Rules”), through its notification dated: September
Foreign Exchange Management (Non-debt Instruments) (Fourth Amendment) Rules, 2024: A Closer Look
Through a recent notification dated August 16, 2024, the Ministry of Finance amended the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 (“NDI Rules”) vide the
Arbitral Tribunal cannot go beyond the covenants agreed between the parties in granting damages expressly barred: Division Bench of High Court of Delhi
The Division Bench of the High Court of Delhi in its recent judgement has held that an arbitral tribunal cannot grant damages under a contract
