In 2024, the once promising start-up Bjyu’s, owned by Think and Learn Private Limited and valued at $22 billion, entered into a phase of insolvency after a default of Rupees 159 crores owed to the Board of Control for Cricket in India (“BCCI”). The admission...
The Supreme Court's decision in Nagaraj V. Mylandla v. PI Opportunities Fund-I is the clearest judgment of the Supreme Court of India recognising and applying the doctrine of transnational issue estoppel in proceedings for the enforcement of a foreign arbitral award. Its significance, however, extends beyond the...
The management of international supply chains requires regulatory predictability and administrative clarity. When cross-border trading involves complex manufacturing networks, corporations must navigate the specific criteria that govern preferential trade treatments. The publication of the Customs Tariff (Determination of Origin of Goods under Comprehensive Economic and...
The recent reference of the Division Bench Bombay High Court in the case of Foseco India Limited v. Assistant Commissioner of Income Tax Circle (1), Pune[1] for the constitution of a larger bench has reignited a debate on the true nature of India's Dividend Distribution...
The recent Corporate Laws (Amendment) Bill, 2026, tabled in the Lok Sabha in March 2026, proposes major overhauls to the Companies Act, 2013, and Limited Liability Partnership Act, 2008. With the objective of enabling ease of doing business in India, this amendment intends to simplify...
In a definitive ruling that tightens the procedural and substantive boundaries of Indian tax law, the Supreme Court of India in Sanand Properties P. Ltd. v. Jt. Commr. of I.T. has recalibrated the jurisdictional triggers for reopening scrutiny assessments under Section 147 of the Income...
The judgment of the Supreme Court of India in Alpha Corp Development Private Limited v. Greater Noida Industrial Development Authority (GNIDA) & Ors. (2026 INSC 449) marks an extraordinary chapter in the evolution of the Insolvency and Bankruptcy Code, 2016 (IBC). The court has established that the...
The recent order of the Delhi High Court in Stephen Thaler v. Union of India to expeditiously decide on an application filed by Stephen Thaler seeking copyright registration for ‘A Recent Entrance to Paradise,’ an artwork generated by his AI system, DABUS. While it does...
The current tension between Mexico and Spain regarding the “home” of the Gelman Santander Collection is not a traditional diplomatic crisis between two governments, but rather a dispute over ownership, possession, cultural sovereignty, and nationality. Specifically, the issue concerns 160 works from what is now known...
The High Court of Australia in CCDM Holdings LLC v. Republic of India [2026] HCA 9 has ruled on whether a State waives its immunity from suit by ratifying the New York Convention. The Court held that it does not. Ratification of the New York...