Legalaxy – Monthly Newsletter Series – Vol XXVI – July, 2025

In the July edition of our monthly newsletter “Legalaxy”, our team analyses some of the key developments in securities market, banking and finance, corporate affairs, labour and consumer affairs. Below are the key highlights of the newsletter: SEBI UPDATES SEBI extends timeline of additional liquidation period for VCFs migrating to the SEBI (AIF) Regulations SEBI […]

Customs and GST Alert – July 2025

We are pleased to share with you the link to our newsletter on the latest GST and Customs Developments. The newsletter covers recent judgments and regulatory updates in the GST and Customs space in India. We trust that you will find the same useful. Looking forward to receiving your valuable feedback. For any clarification, please […]

Legalaxy – Monthly Newsletter Series – Vol XXV – June, 2025

In the June edition of our monthly newsletter “Legalaxy”, our team analyses some of the key developments in securities market, corporate affairs, banking and finance, labour, environment and consumer affairs. Below are the key highlights of the newsletter: SEBI UPDATES SEBI extends timeline for complying with the certification requirement for the key investment team of […]

Exploratory or Enforceable? Delhi High Court Clears the Air on Non-Binding Term Sheets

The Delhi High Court (“Delhi HC”) has, vide its judgement dated May 13, 2025 (“Ruling”), in the case of Oravel Stays Private Limited v. Zostel Hospitality Private Limited, set aside an arbitral award that treated a non-binding term sheet as a binding document and granted the specific performance of certain obligations thereunder. Case History. This matter arose from a dispute […]

Customs and GST Alert – June 2025

We are pleased to share with you the link to our newsletter on the latest GST and Customs Developments. The newsletter covers recent judgments and regulatory updates in the GST and Customs space in India. We trust that you will find the same useful. Looking forward to receiving your valuable feedback. For any clarification, please […]