Articles

Introduction On October 6, 2021, the Supreme Court of India delivered its judgment in the case of Celestium Financial vs. Gnanasekaran. The case centered around the transfer of shares and the interpretation of certain clauses in a Share Purchase Agreement. The Court’s ruling has important implications for commercial contracts and the enforcement of obligations in […]

##Introduction As the legal industry continues to evolve and adapt to changing client needs, law firms must also align their structures in a way that prioritizes these needs over internal processes. In the past, law firms have operated in a hierarchical structure with individual departments and practice groups working independently. However, this siloed approach can

Subsistence Allowance: Understanding the Legal Aspects in Indian Law IntroductionSubsistence allowance is a crucial aspect of Indian labor law, providing financial support to employees during specific periods. This article aims to delve into the legal intricacies of subsistence allowance in India, elucidating its significance, provisions, and implications. What is Subsistence Allowance?Subsistence allowance, as defined under

##Introduction The Reserve Bank of India (RBI), India’s central banking institution, has recently announced strict measures to clamp down on loan evergreening through Alternative Investment Funds (AIFs). These measures are significant as they aim to curb the prevalence of loan evergreening, which can pose serious risks to the stability of the financial system. This article

##2025 Global In-House Counsel Report: Key Findings and Implications for Legal Firms In today’s rapidly evolving legal landscape, it’s essential for law firms to stay on top of the latest trends and insights in order to better serve their clients. One valuable resource for legal firms is the Global In-House Counsel Report, which provides comprehensive

Introduction The practice of loan evergreening through Alternative Investment Funds (AIFs) has been a matter of concern in the Indian financial market. This practice involves extending fresh loans to borrowers to pay off their existing dues, thereby giving the illusion of timely repayment and avoiding default. To curb this fraudulent practice, the Reserve Bank of

Global In-House Counsel Report: Predictions for 2025 The legal landscape has been rapidly evolving over the past decades, with in-house counsel playing an increasingly important role in the corporate world. As we near the year 2025, it is crucial for legal professionals to stay informed and anticipate the changes that are to come. This report

The Legal Paradox of Transgender Identity Certificates and PAN Card Recognition in India India is slowly moving towards recognizing and accepting transgender individuals as part of society. In a progressive move, the government passed the Transgender Persons (Protection of Rights) Act, 2019, which aimed to protect the rights of transgender persons and grant them recognition.

The 2025 Global In-House Counsel Report: A Comprehensive Analysis Introduction The role of in-house counsel has undergone significant changes in recent years, and this trend is expected to continue in the future. In-house counsel, who are lawyers employed by a company or organization to provide legal advice and guidance, play an essential role in the

Introduction The Enforcement Directorate (ED) is a law enforcement agency responsible for enforcing economic laws and conducting investigations into financial crimes in India. Recently, there has been an increase in the number of notices being issued by the ED to advocates and lawyers. This has raised concerns among the lawyer community and has led to