Summary: Part I examines OFAC’s Advisory and the fundamental shift it signals in sanctions compliance — moving from a mechanical application of 50% ownership rule towards a substance-over-form analysis. It covers the expanded interpretation of “property interest”, the red flags
Summary: This blog explores SEBI’s informal guidance on the creation and invocation of pledged shares, particularly for financing of ESOPs, and the expansion of compliance officers’ obligation to determine what constitutes a “bona fide” transaction.BackgroundThe practice of pledging shares to
Summary: Prime Minister Narendra Modi undertook a landmark visit to the Nordic region from May 17-19, 2026, as part of a broader five-nation European tour that also encompassed the UAE, the Netherlands, and Italy. The visit marked the first time
Summary: A persistent misconception in legal discourse is that findings or determinations of a civil court are binding on a criminal court, despite no such rule being codified in the Indian Evidence Act, 1872, or its successor statute, the Bharatiya
Summary: The Supreme Court in its landmark ruling in Nagaraj V. Mylandla v. PI Opportunities Fund-I has charted out a clearer path for PE/ VC exits. It has held that a promoter responsible for providing exits to its investor cannot
Summary: As per settled legal jurisprudence, there are limited grounds available for a participating entity to raise challenges to a tender process and/ or its terms after participation. Barring such limited grounds, any challenge in respect of a tender must
Summary: Corporate Social Responsibility (CSR) fraud has emerged as a significant and growing area of corporate misconduct in India, triggering a wave of internal investigations across organisations. This article examines India’s mandatory CSR framework, the patterns of fraud that have
Summary: In India, personality rights, protecting an individual’s control over the commercial use of their identity, have primarily evolved through judicial pronouncements. However, the rise of artificial intelligence, including deepfakes and voice cloning, has significantly intensified the threat of identity
Summary: China’s recent invocation of its Blocking Rules against U.S. sanctions marks a significant moment in the evolving landscape of global sanctions law. As nations increasingly push back against the extraterritorial reach of unilateral sanctions, the question arises: What does
There are moments in tax litigation when the revenue administration machinery seems to lose sight of first principles. The Bombay High Court judgment in Tata Sons Private Limited v. Union of India & Others, pronounced on April 30, 2026, is
