The CBCL Blog

  • All
  • Arbitration Law
  • Auto Hidden
  • Banking Law
  • Capital Markets and Securities Law
  • CBCL - LSPR Series
  • Commercial Courts Act
  • Commercial Law
  • Company Law
  • Competition Law
  • Contemporary Issues
  • Contract Law
  • Corporate Governance
  • Debt Recovery
  • Dispute Resolution
  • Employment Law
  • Energy Laws
  • Foreign Direct Investment Regulations
  • Guest Posts
  • Insolvency Law
  • Intellectual Property Law
  • Investment Law
  • Mergers & Acquisitions
  • Promotion
  • Sports Law
  • Taxation Law
  • Technology Law
  • Trade Law
    •   Back
    • Kaizen
RBI’s Foreign Exchange Management Regulations, 2021: A torchbearer for FEMA, 1999

January 7, 2022

[By Sanskriti Shrivastava]  The author is a student at UPES, Dehradun.  Introduction The Reserve Bank of India (hereinafter referred to as “RBI”) has lately issued new draft rules on 9th August 2021, namely, Draft Foreign Exchange Management (Non-debt Instruments- Overseas Investment) Rules, 2021 (hereinafter referred to as “Non-debt Instruments Rules”) and Draft Foreign Exchange Management (Overseas Investment) Regulations, 2021 (hereinafter referred as “Overseas Investment Regulations”)[i]. These regulations are an...

Limitation for Appeal under Section 61 IBC: The Dust Settled

January 7, 2022

[By Aayush Mishra] The author is a student at the Himachal Pradesh National Law University, Shimla.  Introduction Recently, on the 22nd of October 2021, the Supreme Court in the case of V. Nagarajan v. SKS Ispat and Power Limited shed light on the period of limitation to file an appeal against an Order under Section 61 of the Insolvency and Bankruptcy Code of 2016 (IBC, hereinafter). The Court...

Would Reliance Limited’s Largest Ever Rights Issue Amount to a Public Offer?

November 16, 2021

[By Raghav Sengupta]  The author is a student at Jindal Global Law School.  Introduction In June 2020, an unprecedented series of events was triggered by Reliance Industries Ltd (hereinafter “RIL”) that conducted India’s largest ever rights issue for the subscription of shareholders.[i] The industry giant finalised a Rs. 53,124 crore ($ 7 billion) rights issue that was condensed into 3-stage deferred payment offer. This rights issue was in...

Fortifying Non-Taxability Of Gain/Loss Entirely Due To Foreign Exchange Fluctuations

November 16, 2021

[By Aishwarya Mehta & Kaustubh Bajpayee] The authors are students at the Maharashtra National Law University, Nagpur.  INTRODUCTION Over and Over again, income tax officials find it difficult to ascertain whether a specific receipt is capital in nature and thus exempted from tax liability, or is a revenue receipt and thus, taxable. This imbroglio can be imputed to the fact that the Income Tax Act, 1961 does not...

Success Fees in a CIRP not chargeable – Or is it?

November 10, 2021

[By Divyanshi Srivastava]  The author is a law graduate of Guru Gobind Singh Indraprastha University. The Insolvency and Bankruptcy Code, 2016 (“IBC”/ “Code”) was enacted to fix an ailing system. Due to the multiple contrary and complex legal arrangements, a simple, coherent, and effective framework was the need of the hour, and the IBC is a denouement of the same. However, despite its exhaustive nature, the journey of the...

A Framework of Selective Distribution Agreement in India- A Clarion Call

November 10, 2021

[By Vridhi Kashyap & Tanisha Mishra] The authors are students at the National Law University and Judicial Academy, Assam.  Introduction Selective Distribution Agreement (SDA) is one of the facets of vertical agreements. It allows the company to select retailers based on some pre-determined criteria, upon the fulfilment of which the outlet becomes the authorised distributor of the company. This arrangement allows the company to maintain sanctity in its...

Dealing with Cross-Border Insolvencies: An Analysis of the Jet Airways saga

November 5, 2021

[By Shivam Bhattacharya & Naman Jain]  The authors are students at the Gujarat National Law University.  The recent order of the Mumbai Bench of the NCLT approving the resolution plan for the revival of Jet Airways has marked the end of one of the earliest cases of cross-border insolvency determined under the Insolvency and Bankruptcy Code, 2016 (hereinafter “Code”). The final determination by the Court has in addition...

Mens rea and Insider trading: A comparative study of the Indian and US regulatory frameworks

October 25, 2021

[By Rishika Sharma & Rishi Raj]  The authors are students at the Maharastra National Law University, Aurangabad.     Introduction To achieve the goal of safeguarding the interests of the investors, the Securities Regulators around the globe have consistently imposed stricter insider trading regulations to ensure and sustain capital market transparency and fairness. It was given broad powers, including the ability to enact regulations prohibiting insider trading as...

Scroll to Top