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 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 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...
India presents vast opportunities for foreign businesses with its growing economy, young population, and increasingly globalized markets. However, entering or operating in the Indian business landscape without adequate legal preparation can expose businesses to costly setbacks. From compliance lapses to disputes over intellectual property, here...