iSAFE in India: Startup Funding through Lens of the Indian Contract Act, 1872
India is poised for transformative changes as the government accelerates ease of doing business reforms, reshaping the corporate and regulatory landscape to integrate seamlessly into global supply chains and attract foreign direct investment (“FDI”). These efforts shine through strengthened ties with global powers, including the recent India-EU Free Trade Agreement negotiations, the India-US trade deal […]
Cabinet Approves Changes in FDI Policy: Relaxation on investments from countries sharing land borders with India
On March 10, 2026, the Union Cabinet approved amendments to India’s Foreign Direct Investment (“FDI”) Policy (the “Amendments”) in respect of investments from countries sharing a land border with India (“LBC’s”). The Amendments represent changes to Press Note 03 of 2020 (“PN3”). The PN3 was issued to prevent opportunistic takeover/ acquisition of Indian firms during […]
The Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026: A Structural Reconfiguration of India’s External Commercial Borrowing Framework
On February 16, 2026, the Reserve Bank of India (“RBI”) notified the Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026 (“Amended Regulations”). The Amended Regulations formalise and codify the extensive changes to the External Commercial Borrowing (“ECB”) regime, which was previously governed by the Master Direction – External Commercial Borrowings, Trade Credits and […]
Amendment to the Companies (Specification of Definition Details) Rules, 2014
The Ministry of Corporate Affairs (MCA), vide its notification dated December 01, 2025, has amended the Companies (Specification of Definition Details) Rules, 2014 (“Rules”). A substitution has been introduced under Rule 2(1)(t) of the Rules, resulting in a revision to Section 2(85) of the Companies Act, 2013 (“Act”), whereby the financial thresholds for classifying “small […]
Supreme Court Recalls Vanashakti Ruling: Fresh Lifeline for Projects Awaiting Environmental Clearance (EC)
The Supreme Court has recalled its May 2025 judgment in Vanashakti v. Union of India, which had struck down the 2017 notification and the 2021 Office Memorandum permitting ex post facto environmental clearances. That ruling had barred the Central Government from granting such clearances in the future. The Chief Justice held that the earlier judgment […]
Unilateral termination of a non-determinable agreement to sell invalid, except where the contract is itself determinable: Supreme Court Observes
In a significant ruling, the Hon’ble Supreme Court has recently interpreted the Specific Relief Act, 1963 (the “Act”), particularly in terms of S.14 of the Act. Referring to a catena of cases, the court held that a unilateral termination of an agreement to sell by one party is impermissible in law except in cases where […]
Amendment to the Companies (Meetings of Board and its Powers) Rules, 2014
The Ministry of Corporate Affairs (MCA) has, vide its notification dated November 03, 2025, amended the Companies (Meetings of Board and its Powers) Rules, 2014 (the “Rules”). A substitution has been effected under Rule 11(2) of the Rules, which is in respect of loans and investments made by a company under section 186 of the […]
Ownership Scrutiny and Tenant Estoppel in Eviction Suits: Supreme Court Clarifies
Recently, in the matter of Jyoti Sharma v. Vishnu Goyal, the Hon’ble Supreme Court of India delivered a significant ruling in a long-pending landlord–tenant dispute. The dispute traces back to a tenancy created in 1953 and culminates in a decree of eviction on grounds of rent default and bona fide requirement, with the Supreme Court […]
Objection to Arbitral Award maintainable only if the Decree is void or passed without proper jurisdiction: Reiterates Supreme Court
In the matter of MMTC Limited versus Anglo American Metallurgical Coal Pvt. Ltd, the Apex Court reiterated and reaffirmed the position that objections against the execution of an award lie in a narrow compass, such as only when a decree is inherently void or passed without jurisdiction. The Supreme Court held that at the stage […]
Execution of Award Cannot Be Stalled Solely Due To Pendency Of Section 37 Appeal: Supreme Court
The Supreme Court in the case of Chakardhari Sureka vs. Prem Lata Sureka through Spa & Ors., recently clarified that the execution of an arbitral award cannot be stalled merely on the ground that an appeal under Section 37 of the Arbitration and Conciliation Act is pending. The Apex court emphasised that the pendency of […]