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March 4, 2024
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Crackdown On Gaming Websites, Rs 4,000 Crore Remittances Under Scanner   Delhi Police’s Economic Offences Wing has filed an FIR and has commenced an investigation against online gaming websites suspected of engaging in illegal financial activities. It is alleged that these platforms utilized shell companies to unlawfully remit approximately Rs 4,000 crore abroad. This enforcement...

February 15, 2024
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MINISTRY OF CORPORATE AFFAIRS (MCA)   MCA NOTIFIES COMPANIES LISTING OF EQUITY SHARES RULES The MCA vide notification no. G.S.R. 61(E) dated 24-01-2024, has notified the Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024. These regulations apply to unlisted public companies and listed public companies issuing securities for listing on approved stock exchanges...

February 8, 2024
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Measures for facilitation of trade:   Amnesty Scheme for filing of appeals against demand orders in cases where appeal could not be filed within the allowable time period: filing of appeal by the taxpayers will be allowed against such orders upto 31st January 2024, subject to the condition of payment of an amount of pre-deposit...

January 30, 2024
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Arbitration has undergone a significant evolution, emerging as a preeminent mechanism for dispute resolution and despite its ascendancy, persistent challenges have impeded its growth. Notably, a substantial obstacle has revolved around the enforceability of arbitration agreements that are either improperly stamped or entirely unstamped. In a recent landmark judgement, a 7-Judge Constitution Bench of the...

January 25, 2024
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India, the largest democracy in the world, is often seen as the epitome of a delicate balance between freedom and security. While democratic principles honour the right to freedom of speech, they also demand the safeguarding of national security and the preservation of public order. It has always been an everlasting challenge for the government...

January 11, 2024
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MINISTRY OF CORPORATE  AFFAIRS  ( MCA)   MCA PLANNING NEW PORTAL TO STREAMLINE IBC CASES, BOOST TRANSPARENCY The Ministry of Corporate Affairs is creating an integrated portal for the Insolvency and Bankruptcy Code (IBC) to centralize case information, enhance policymaking, and streamline the insolvency resolution process. Key entities like the Insolvency and Bankruptcy Board of...

January 10, 2024
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The legal status of asteroid mining emanates from the historical and political background of international law and the organizations relating to space. The basic document of international space law is the 1967 Outer Space Treaty. Among the principal elements of the Outer Space Treaty is the provision that outer space, including the Moon and other...

January 4, 2024
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I. Introduction  Mergers and acquisitions (“M&A”) have emerged as a widely adopted strategy for corporate entities worldwide, facilitating rapid inorganic growth. With globalization and various catalysts at play, emerging markets like India have experienced significant M&A activity spanning diverse sectors such as pharmaceuticals, automobiles, finance, and telecom. To attain enhanced synergies, corporations employ various forms...

December 21, 2023
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The Ministry of Information and Broadcasting (“MIB”) on November 10, unveiled the preliminary draft of the Broadcasting Services (Regulation) Bill, 2023 which was poised to redefine the regulatory landscape governing the broadcasting industry in India. This proposed Bill aims to repeal the lengthy Cable Television Networks (Regulation) Act, 1995 and amalgamate it with current regulatory...

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