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Force Majeure
During the Covid-19 pandemic, we witnessed a rapid shift in the way legal and business community interpret Force Majeure (“FM”) clauses in commercial contracts. These are no longer perceived as standard boilerplate clauses, but hold significance especially where...
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Regulation of Indian employment matters is a concurrent subject and covered by both central and states’ laws. The relationship between an employer and employee is regulated by contract law. Generally speaking, the framework of Indian labor law differentiates...
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Ministry of Corporate Affairs notified the Companies (Accounts) Amendment Rules 2022 on February 11, 2022, and inserted a new Rule 12(1B) to introduce a new requirement of furnishing an Annual Report on Corporate Social Responsibility (“CSR”) with the...
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Cryptocurrency Regime In India
The regulation of virtual currencies (“VCs”) has encumbered a chequered history throughout the world and India is no exception. The Indian government has been moving back and forth between the decision of completely banning all VCs to introducing...
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It is common knowledge that the Indian justice system is largely adversarial. Yet, judicial and quasi-judicial forums continue to grapple with systemic inadequacies and rising case pendency. To resolve this, the government has taken several measures including promotion...
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