MAHESHWARI & CO.

In India, supply chain management often relies on a series of contracts and subcontracts, which hold a business’s operational stability together. However, when a Breach of Contract in the Supply Chain arises—whether due to non-delivery, late delivery, quality defects or other disruptions—the impact can ripple across industries.  Companies face challenges not only in holding parties […]

India’s Carbon Credit Certificate Scheme (CCTS) marks a bold step toward mitigating climate change while economically incentivizing environmental responsibility. As part of India’s goal to achieve net-zero carbon emissions by 2070, the scheme facilitates the trade of credits, enabling entities to gain financial rewards for reducing greenhouse gases beyond set targets. Launched by the Ministry […]

The Amalgamation of Banking Companies in India has dramatically reshaped the financial sector, fostering stability and enhancing competitive advantage. This strategic consolidation is not just a merger of assets but a fusion of visions and strengths. As former RBI Governor Raghuram Rajan aptly stated, “A bank is a financial supermarket with a large balance sheet.” […]

India’s approach to anti-money laundering (AML) is heavily shaped by the Prevention of Money Laundering Act (PMLA) of 2002, which forms the core framework against laundering activities in the country.  Under the PMLA, enacted to detect and control money laundering, financial entities must keep records of all transactions—whether suspected or confirmed—to prevent the integration of […]

Winding up of Defunct Companies in India In India, the winding up of defunct companies is a structured process designed to dissolve inactive companies that are no longer operational or financially viable. Defunct companies, often called dormant companies, have ceased their business activities and hold no assets or liabilities. The Companies Act, 2013 provides several […]

Understanding Notice Period under Indian Labour Laws The concept of a “Notice Period” is an important element in Indian Labour and Employment law, functioning as a safeguard for both employees and employers. Whether terminating an employee or resigning from a position, the notice period ensures that the process is transparent and legally compliant, thereby avoiding […]

Contracts are the lifeblood of commercial transactions. However, when one party fails to honour their obligations, it can create substantial legal and financial consequences. Breach of contract issues for business in India is governed by the Indian Contract Act, 1872, which provides detailed provisions for dealing with both actual and anticipatory breaches​.  Interestingly, breaches aren’t […]