A case in point: Legal's rising stars write a new brief

Cyril Amarchand Mangaldas partner Akshay Jeet Bhat and Prasad Subramanyan, former head of legal at venture capital firm Z47 (erstwhile Matrix Partners India), teamed up to launch a boutique law firm, First Principles Law, in Bengaluru. Last month, Vyapak Desai, head of international arbitration and dispute resolution at Nishith Desai Associates (NDA), also started his own chamber.

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Indian law firms react to amended BCI Rules

A press release issued by BCI states that the Rules have been amended with the primary objective of safeguarding the interests of Indian advocates.

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BCI amends rules to let foreign law firms operate with partners in India

In a significant decision that opens up the market for legal practice for foreign players, the Bar Council of India (BCI) has amended its rules to allow foreign law firms to represent clients in all international arbitration cases in India and effectively practice before courts by referring cases to their advocates and partners who are licensed to practice in India.

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BCI amends rules to let foreign law firms operate with partners in India

The Indian Supreme Court has found that it has the constitutional power to modify arbitral awards “to do complete justice” – a finding that practitioners fear may open the door to even lengthier set-aside proceedings.

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SG Tushar Mehta warns about the danger of Deepfakes | Legally Speaking with Tarun Nangia

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Arbitration Amendment Bill 2024: A Few Suggestions | Legally Speaking With Tarun Nangia

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India wants to be an arbitration hub – It won’t be an easy task

Experts suggest that the proposed appellate tribunals for arbitration could enhance India's position as a global arbitration hub, provided they are staffed with domain experts.

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New GoI guidelines to prioritise mediation over arbitration for public sector disputes

After years of government narrative about turning India into an arbitration hub, the ministry of Finance has reversed course, asking departments to seek other solutions.

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Lack of full Bench takes a toll on SAT's functioning and efficiency

Industry players fear that if the Bench is not restored soon, it could hamper the fundraising and expansion plans of companies with pending litigation. Legal experts said that such delays can deter international investors due to lack of vital dispute resolution.

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Crypto transfers to private wallets to now face identification checks

Crypto exchanges in India are planning to introduce a rule that will only allow a transfer of cryptocurrencies after the sender discloses the identity of the persons behind the private wallet receiving the cryptos.

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Unstamped arbitration agreements invalid in law, says Supreme Court

A Constitution Bench of the Supreme Court on Tuesday ruled an arbitration agreement in an unstamped contract, that is without stamp duty having been paid or paid insufficiently, was not enforceable and was not valid.

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India loosens restrictions on foreign lawyer

On March 10th the Bar Council of India quietly released an announcement that, though armed with inevitable caveats, removed some of the restrictions that have for decades kept most foreign lawyers from plying their trade on Indian soil.

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TMS Ep354: NSE colocation case, influencer regulation, markets, AT-1 bonds

Has SAT order changed the course of NSE colocation case? What will new regulatory regime mean for influencer industry? What do past trends reveal about markets and Budgets? What are AT-1 bonds?

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Solicitor General Tushar Mehta suggests setting up of ‘arbitration townships’

The solicitor general also pointed out that the difference between arbitration globally and in India is essentially that the latter is heavily "former (retired) judge-centric arbitration".

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SEBI’s Recent Proposal To Ease Delisting Norms Isn’t Ambitious Enough, Experts Say

SEBI’s recent proposal to ease delisting norms may not get public shareholders the best exit price, experts say.

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Govt moves to speed up appeal as 2G-linked firm seeks damages

The PMO stepped in after Khaitan Holdings (Mauritius) Ltd, a company named by CBI and ED in the 2G case, invoked arbitration proceedings at the International Arbitral Tribunal (IAT) in The Hague against the government.

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Book - Enforcing Arbitral Awards in India

Chapter: Public Policy and Arbitrability Challenges to the Enforcement of Foreign Awards in India

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