Delhi High Court lays down law on classification of disputes

The Delhi High Court in Shri Chand Construction and Apartments and others v. Tata Capital Housing Finance (decided on March 04, 2020), held that the use of words “all or certain disputes” in Section 7 (arbitration agreement) of the Arbitration and Conciliation Act, 1996 (“Arbitration Act”) permits classification of disputes but does not permit classification […]

Impact of force majeure on commercial contracts in light of the coronavirus outbreak

The novel coronavirus (“COVID-19”) has, in some way or the other, affected almost the entire world’s population and significantly impacted businesses globally. With Covid-19 being declared a pandemic by the World Health Organisation and its consequential effect on trade and commerce, disputes have and will arise with respect to performance and enforcement of contracts. Under […]

Article – Thin Capitalization Rules in India: Interest(ing) Limitations

We are pleased to share with you copy of latest article titled “Thin Capitalization Rules in India: Interest(ing) Limitations” co-authored by Mr. Neeraj Jain, Partner and Mr. Aditya Vohra, Principal Associate, Direct Tax team. The article has been published by Tax Management International Journal (49 TMIJ 4, 04/10/2020). To read the article, click at Download […]

Competition News Alert – CCI issues advisory for businesses during COVID-19

The Competition Commission of India (CCI) has issued official advisory to businesses in time of COVID 19 on 19th April 2020 . CCI has joined other competition authorities, including those in EU and USA abroad to remove Industry’s fears on consequences of any limited coordination between competitors to meet the shortage of supplies during the […]