This article examines the core components of International Commercial Arbitrations between Indian and overseas parties, where the seat of arbitration is in London[1]. It further discusses the issues faced by foreign companies trying to obtain relief and remedies in India and England, as well as addressing enforcement mechanisms. For context, a clause providing for a […]
Managing Partner,
Singhania & Partners LLP
The Hague convention on the Service Abroad of Judicial and Extrajudicial Documents in Civil or Commercial Matters[1] was signed on 15 November 1965. The present convention would get attracted where the service of summons are to be affected by a foreign court and/or judicial authority India acceded to The Hague Convention on 23rd November, 2006 […]
Managing Partner,
Singhania & Partners LLP
Partner,
Phoenix Legal
The present article focuses on International Commercial Arbitrations between Indian and overseas parties, where the seat of arbitration is in Singapore. It further discusses the issues faced by foreign companies trying to seek alternative methods of dispute resolution, obtain reliefs and remedies in India and Singapore as well as with the enforcement mechanism for Singapore […]
Managing Partner,
Singhania & Partners LLP
The Government of India has bought out revised Foreign Direct Investment (FDI) Policy. Set out below is a snapshot of the recent liberalizations brought in the FDI Policy governing different sectors in India. The policy prescribes the foreign investment caps in specified industrial sectors; these caps are subject to applicable laws/regulations; security and other conditionalities. […]
Managing Partner,
Singhania & Partners LLP
The Department of Industrial Policy and Promotion, Government of India (DIPP), has issued the consolidated FDI Policy 2016 (FDI Policy) on Jun 7, 2016. The new consolidated FDI Policy is much more convenient and clear to understand in its form and substance. The policy and procedures are clear and well defined. As regard companies engaged […]
Managing Partner,
Singhania & Partners LLP
On May 02, 2022, the Hon’ble Supreme Court pronounced judgement in a publicinterest litigation petition (PIL) filed in 2021 before it by Dr. Jacob Puliyel, a member ofthe National Technical Advisory Group on Immunization (NTAGI), a group advising theIndian Government on vaccines. The aforesaid petition was filed seeking reliefs on theissues such as adverse consequences […]
Founding Partner,
Anhad Law
Foreign Direct Investment (FDI) Policy of India permits foreign investment in India either under ‘automatic route’ or ‘approval route’. Under the ‘approval route’ prior approval of the Government of India is required for any foreign investment in an Indian company carrying on retailing business. FDI Policy on retail trading classified retail trade as either Single […]
Managing Partner,
Singhania & Partners LLP
The present article focuses on International Commercial Arbitrations between Indian and overseas parties, where the seat of arbitration is in Singapore. It further discusses the issues faced by foreign companies trying to seek alternative methods of dispute resolution, obtain reliefs and remedies in India and Singapore as well as with the enforcement mechanism for Singapore […]
Managing Partner,
Singhania & Partners LLP
The recent amendments (Amendment Act 2015) brought to the Arbitration and Conciliation Act 1996 (1996 Act) have brought about significant changes to the arbitration law in India with an objective to achieve speedy, efficient and effective dispute redressal mechanism, ultimately achieving the purpose for which the Act was enacted in the first place. One of […]
Managing Partner,
Singhania & Partners LLP
The Ministry of Corporate Affairs of India has amended Schedule III of the Companies Act 2013 which is effective from 1st April 2021. It prescribes additional disclosures to be made in the financial statements. Following is the gist of the amendments:- I) Amendments related to Balance Sheet items 1) Promoters shareholding:- The company shall disclose […]
Managing Director,
KCC Group
