[The following post is contributed by Vinod Kothari and Nidhi Bothra of Vinod Kothari & Co. The authors can be reached at [email protected] and [email protected] respectively] Introduction The Enforcement of Security Interest and Recovery of Debt Laws and Miscellaneous Provisions (Amendment) Act, 2016[1] (Amendment Act) has introduced several amendments to the Securitisation and...
Guest Post: To be or not to be… Two Indian Parties having a Foreign Seat of Arbitration: Supreme Court’s Verdict on Sasan Power
(The following guest post is contributed by Gunjan Chhabra[1]and RV Prabhat[2]) The much debated issue of whether two Indian parties can opt for a foreign seat of arbitration finally, came up before the Supreme Court in Sasan Power Limited v. North American Coal Corporation[3]. However, the Supreme Court dodged the bullet and chose to decide whether the parties were in fact two Indian parties or...
A Tricky Game: The Legality of Fantasy Trading in India
[In this post, Sumit Agrawal, Partner and Surbhi Purohit, Associate from Suvan Law Advisors write about the increasing trend of stock market virtual games, apps and websites and how regulators may look at it. They can be reached at [email protected].] Background In recent times, the online stock trading apps and games have stirred up some controversy in the otherwise efficiently regulated realm...
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