Summary: This blog examines the Corporate Laws (Amendment) Bill, 2026, and the Parliamentary Committee’s recommendations that make India’s corporate restructuring regime more time-bound and predictable. It covers the new statutory “reverse flip” route allowing foreign-incorporated subsidiaries of Indian promoters to redomicile
Summary: The Income-tax Appellate Tribunal has clarified that consideration received on the buy-back of vested but unexercised stock options is taxable as long-term capital gains, and not as a salary perquisite, providing significant relief to employees participating in the ESOP
Summary: The US Senate has passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which proposes to impose up to 100% secondary tariffs on countries importing significant volumes of Russian crude oil or natural gas, affecting all
Summary: The article explores how school safety and security compliance in India is moving from a general framework to increasingly detailed and strictly enforced regulations across different states. It also examines the implications of these changes for schools in the
Summary: In Array BioPharma Inc. v Deputy Controller of Patents, the Delhi High Court set aside the Controller’s refusal of Array BioPharma’s combination patent application and remanded it for fresh consideration. The Court held that the Controller had wrongly applied Section
Summary: The Bombay High Court, in Osterreichischer Lloyd v. Victore Ships, has held that a party seeking to enforce a foreign arbitral award in India does not lose its right to seek interim protective relief under Section 9 of the
Summary: SEBI has recently proposed an overhaul of the Portfolio Managers Regulations, opening doors that have stayed shut until now. Discretionary portfolio managers may soon be allowed to invest in pre-IPO securities and unlisted debt, while portfolio managers more broadly may be
Summary: This article examines the Delhi High Court’s judgement in ANI v. Open AI as more than a copyright ruling, arguing that its reasoning on what constitutes “research” offers a persuasive analytical framework for one of the central uncertainties under
Summary: The Securities Markets Code Bill, 2025, introduced Clause 92 and Clause 93 as parallel provisions to govern fraudulent and unfair practices and market abuse, respectively. The Parliamentary Standing Committee, in its recently released report on the Bill, found that
Summary: The Delhi High Court has refused ANI Media’s interim injunction application against OpenAI holding on a prima facie basis that the scraping and storage of copyrighted content to train LLMs constitutes fair dealing under Section 52(1)(a) of the Copyright
