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The telecom bill is like a curate’s egg: It is good in parts
The Telecommunications Bill of 2023 is like the proverbial curate’s egg—it is good, in parts. The telecom industry has good reasons to...
Rahul Narayan
Dec 26, 20231 min read
C&M E-ALERT: CCI PROPOSES REGULATIONS FOR DETERMINING TURNOVER AND INCOME FOR PENALTIES ON ENTERPRISES AND INDIVIDUALS
WHAT HAS HAPPENED? WHAT DO SECTIONS 27 AND 48 PROVIDE FOR? Sections 27 and 48 of the Act empower the CCI to take action against any...
Karan Singh Chandhiok
Dec 24, 20231 min read
C&M E-ALERT: The Telecommunications Bill, 2023
WHAT HAS HAPPENED? SCOPE OF THE BILL Taking a departure from the Telecommunication Bill, 2022 (2022 Bill), the 2023 Bill applies to whole...
Sujoy Bhatia
Dec 23, 20234 min read
C&M E-ALERT: RP as ‘Occupier’ under the Factories Act - Madras HC in Subrata Maity
On 12 December 2023, the High Court of Madras (“HC”) in Subrata Monindranath Maity v The State, Represented by Deputy Director,...
Pooja Mahajan
Dec 23, 20233 min read
GIFT City: A Gift for Aircraft Lessors?
Gujarat International Finance Tec-City (GIFT City) was established in 2007 as India’s first operational smart city and an emerging global...
Lovejeet Singh
Dec 15, 20232 min read
Supreme Court Upholds ‘Group of Companies’ Doctrine: Arbitration Agreement Can Bind Non-Signatories
Summary In its judgement dated 6 December 2023 in Cox and Kings Ltd. v. SAP India Pvt. Ltd, (2023 INSC 1051) (“Cox and Kings”), a five...
Rahul Narayan
Dec 15, 20238 min read
C&M E-ALERT: PROPOSAL FOR FEES TO BE PAID FOR INTERLOCUTORY APPLICATIONS FILED BEFORE CCI
WHAT HAS HAPPENED? WHAT IS AN INTERLOCUTORY APPLICATION? FEES PAYABLE FOR INTERLOCUTORY APPLICATIONS The fee payable for each...
Karan Singh Chandhiok
Dec 13, 20231 min read
C&M recently advised on the sale of Cessna Mustang aircraft
Chandhiok & Mahajan has recently advised IRM Private Limited (aviation arm of a pharmaceutical conglomerate) on sale of its Cessna...
Lovejeet Singh
Nov 29, 20231 min read
GTDT - Restructuring & Insolvency - India Chapter
Legislation What main legislation is applicable to insolvencies and reorganisations? The Insolvency and Bankruptcy Code 2016 (IBC) is the...
Pooja Mahajan
Nov 16, 20231 min read
RBI's Approach to Wilful Defaulters and Large Defaulters: Directions 2023
Introduction The Reserve Bank of India (RBI) plays a vital role in maintaining the stability and integrity of the Indian banking system....
Bhargesh Ojha
Nov 15, 202312 min read
Draft Competition Commission of India (Lesser Penalty) Regulations, 2023
WHAT HAS HAPPENED? LENIENCY PLUS The Amendment Act introduced the concept of ‘Leniency Plus’, or Lesser Penalty Plus with a view to...
Karan Singh Chandhiok
Oct 18, 20232 min read
India: Private M&A Comparative Guide
Deal structure 1.1 How are private M&A transactions typically structured in your jurisdiction? Private M&A transactions are typically...
Kaushalya Venkataraman
Oct 18, 20232 min read
RBI Nod On First Loss Default Guarantee For Banks And Fintech Lenders
The Reserve Bank of India ("RBI"), vide its circular RBI/2023-24/41 DOR.CRE.REC.21/21.07.001/2023-24, dated 8th June 2023 ("Guideline")...
Bhargesh Ojha
Sep 26, 20235 min read
Key Takeaways of the draft Settlements and Commitments Regulations
The Competition (Amendment) Act, 2023 (Amendment Act) introduced Section 48A and Section 48B to bring in settlements and commitments in...
Karan Singh Chandhiok
Aug 25, 20231 min read
Joint Ventures by Startups - A Relatively New Phenomenon
A Joint Venture (JV) is an arrangement that enables two or more parties to form a strategic alliance for procuring synergies and pooling...
Lovejeet Singh
Aug 23, 20235 min read
Delhi High Court Lays Down the standards for Proving Economic Duress/Coercion in Commercial Contract
Rahul Narayan
Aug 12, 20230 min read
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