BUSINESS LAW

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 […]

Arbitration has been deemed an effective alternative to traditional litigation for resolving disputes. However, the process of setting aside arbitral awards has been a subject of legal debate, particularly, when it comes to the concept of partially setting aside an arbitral award.  The legal framework governing arbitration in India is primarily enshrined in the Arbitration […]

In an age where information dissemination tends to be permanent in one’s life, the right to be forgotten is seen as one of the most significant concepts in law that enables a person to exercise proper control over his reality online. Thus, this right was born out of the traditional environment of privacy laws and […]

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.” […]

The Bharatiya Sakshya Adhiniyam, 2023 (BSA) establishes a comprehensive legal framework governing the principles of relevancy and admissibility of evidence in both civil and criminal proceedings. Evidence forms the cornerstone of judicial adjudication, serving to substantiate claims, refute allegations, and persuade courts regarding the positions presented before them. Without evidence, courts lack the foundation for […]

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 […]