Adv. Harjeet Singh

The FEMA (Authorised Persons) Regulations 2026 were notified by the Reserve Bank of India on 30 April 2026 and replaced the earlier framework that governed authorised dealers and money changers. They sort authorised persons into four categories, introduce the Forex Correspondent as a principal-agent replacement for the franchisee model, and stop the Reserve Bank from […]

International commercial arbitration in India is the arbitration of a commercial dispute where at least one party is foreign, as defined by Section 2(1)(f) of the Arbitration and Conciliation Act, 1996. Whether Indian law governs the proceeding turns on the seat: Part I of the Act applies when the seat is in India, while Part

The Companies (Registered Valuers and Valuation) Amendment Rules 2026, notified as G.S.R. 432(E) and in force from 5 June 2026, amend Rule 12(1)(i) of the 2017 Rules and require every registered valuer organisation (RVO) to hold a minimum paid-up share capital of Rs 25 lakh. An RVO must also be a Section 8 company whose

Arbitral institutions in India administer arbitrations under their own rules, panels and fee schedules, unlike ad hoc arbitration that the parties run themselves. The main domestic options are the Mumbai Centre for International Arbitration (MCIA), the Delhi International Arbitration Centre (DIAC), the Indian Council of Arbitration (ICA) and the statutory India International Arbitration Centre (IIAC),

Section 29A of the Arbitration and Conciliation Act, 1996 sets the time limit for arbitral awards: a domestic tribunal must make its award within 12 months from the date the pleadings are completed, and the parties can add another 6 months by consent. Beyond that combined period of 18 months, only a court can extend

Enforcement of foreign arbitral awards in India is governed by Part II, Chapter I of the Arbitration and Conciliation Act, 1996 (Sections 44 to 52), which gives effect to the New York Convention. A party holding a foreign award produces it to the High Court under Section 47, and once the court is satisfied that

<!– wp:html — The Companies (Incorporation) Amendment Rules, 2026 are a draft notification the Ministry of Corporate Affairs issued on 8 April 2026, proposing to merge several company-incorporation e-forms into two consolidated forms, E-CHNG and E-CON. E-CHNG would combine the forms for changing a registered office or company name (INC-4, INC-22, INC-23 and INC-24), while

The global minimum tax in India is the OECD Pillar Two regime that puts a floor of 15% on the effective tax rate that large multinational groups pay in each country they operate in. It applies to groups with consolidated revenue of at least 750 million euros, roughly 6,750 crore rupees, in at least two

Setting aside an arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996 lets a court cancel a domestic award on a short list of grounds, and since 2025 it also lets the court modify one in limited situations. The Supreme Court in Gayatri Balasamy (April 2025) held, by 4:1, that a court

Enforcement of arbitral awards in India is governed by Section 36 of the Arbitration and Conciliation Act, 1996, under which a domestic award is executed like a decree of a civil court once the time to challenge it under Section 34 has passed. Since the 2015 amendment, filing a Section 34 challenge no longer works