In a welcome move, as per Notification No.FEMA.368/2016-RB dated 20-May-2016 the Reserve Bank of India has now allowed payment of consideration in of share transfer/purchase transaction between resident buyer and a non-resident seller or vice-versa on deferred basis. Deferred consideration shall...

The Insolvency And Bankruptcy Code, 2016 has received the assent of the President on 28th May, 2016 and is published in the Official Gazette on 28th May 2016. Readers can read and download a copy of the Insolvency And Bankruptcy Code,...

The Insolvency and Bankruptcy Code, 2016 In 1999, the Justice Eradi Committee, in its report, had identified 473 winding-up cases that were pending for more than 25 years. The analysis of companies under liquidation as on October 31, 2015, furnished by...

Background During the Indian Prime Minister’s visit to Singapore in November 2015, three (3) Memorandums of Understanding (MoU) were signed between India and Singapore. The MoU covered cooperation between the two countries in the fields of civil aviation, capacity building as...

Crowdfunding mantras for start-ups and SMEs What’s Crowdfunding- Crowdfunding is the solicitation of funds (in small amounts) from multiple investors through a web-based platform or social networking site for a specific project, business venture or social cause. Why do we need...

The Draft Model for Indian Bilateral Investment Treaties, which was released by the Government of India last month for comments, forms the basis to negotiate new and existing BITs with other countries. This Draft Model text is of critical significance at...