In addition to our previous article which discussed the process for disclosure and inspection of documents, this article discusses the procedures for witness summons, depositions, and document filing for trials in Abu Dhabi Global Market (ADGM) Courts. It explains how witness summons require court a...
Blog categorized as Legal Insights and Updates
Changes Brought by the Updated Master Direction on Foreign Investment in India Dated 20 January 2025
24.03.25 05:32 AM - Comment(s)
The article discusses the updated Master Direction on Foreign Investment in India, issued by the Reserve Bank of India (RBI) on January 20, 2025, which introduces key changes for Foreign Owned or Controlled Companies (FOCCs). The amendment allows deferred payment for share transfers and equity swaps...
Abu Dhabi Global Market – Disclosure and Inspection of Documents and Tendering of Evidence
24.03.25 05:06 AM - Comment(s)
In addition to our previous article which discussed the process for case management conference, this article further discusses the disclosure and inspection of documents and the tendering of evidence in Abu Dhabi Global Market (ADGM) Courts. It outlines the structured procedures for document disclos...
Foreign Exchange Management (Foreign Currency Accounts by A Person Resident in India) (Fifth Amendment) Regulations, 2025
24.03.25 05:01 AM - Comment(s)
The article discusses the Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Fifth Amendment) Regulations, 2025, issued by the Reserve Bank of India (RBI). This amendment liberalizes the rules for Indian exporters, allowing them to open and maintain Foreign Curren...
Amendment to the Foreign Exchange Management (Mode of Payment and Reporting on Non-Debt Instruments) Regulations, 2019
23.03.25 09:11 AM - Comment(s)
The article discusses the Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Third Amendment) Regulations, 2025, issued by the Reserve Bank of India (RBI). This amendment expands the scope of inward remittances for foreign investors, allowing them to invest in India...
Private Placement of Non-Convertible Debentures (NCDs) With Maturity Period of More Than One Year by HFCs – Review of Guidelines
23.03.25 09:07 AM - Comment(s)
The article discusses the Reserve Bank of India's (RBI) revised guidelines for the private placement of Non-Convertible Debentures (NCDs) with a maturity period of more than one year by Housing Finance Companies (HFCs). The new rules align HFCs with the existing framework for Non-Banking Financial C...
Central Organization for Railway Electrification v. M/s ECI SPIC SMO MCML (JV): An Analysis
23.03.25 09:04 AM - Comment(s)
The article analyzes the Supreme Court judgment in Central Organization for Railway Electrification v. M/s ECI SPIC SMO MCML (JV), which addresses the issue of unilateral appointment of arbitrators in arbitration agreements, particularly in public-private contracts. The Supreme Court ruled that such...
Indemnity Process
23.03.25 08:59 AM - Comment(s)
The article discusses the indemnity process in contractual agreements, particularly under Indian and American legal frameworks. The article details the key components of indemnity clauses and outlines the process for claiming indemnity. It also analyzes indemnity provisions in different agreements s...
Abu Dhabi Global Markets: Case Management Conference
23.03.25 07:47 AM - Comment(s)
In addition to our previous article which discussed the process of answering a claim, this article further discusses the process of Case Management Conference in the Abu Dhabi Global Market (ADGM) Courts. It explains how Case Management Conferences help streamline legal proceedings by setting pre-tr...
Securities and Exchange Board of India (Investment Advisers) (Second Amendment) Regulations, 2024
23.03.25 07:15 AM - Comment(s)
This article discusses the SEBI (Investment Advisers) (Second Amendment) Regulations, 2024, which introduce key changes to the investment advisory framework in India. The amendments allow professionals to work as Part-Time Investment Advisers (PTIAs), regulate the use of artificial intelligence (AI)...