The Law of Damages and Contractual Disputes in India COMPENDIUM REFERENCE The Law of Damages in India — Case Law in Contractual Disputes Subject Damages for breach of contract — Sections 73–75, Indian Contract Act, 1872 Coverage Decisions of the Supreme Court and the High Courts of India, with…
Retrospective Reach of the Benami Enforcement Machinery under the Prohibition of Benami Property Transactions Act, 1988 CASE REFERENCE Manjula & Others v. D.A. Srinivas, 2026 INSC 465 Date of Judgment Bench May 2026 J.B. Pardiwala & R. Mahadevan JJ. Statute Prohibition of Benami Property Transactions Act, 1988…
Navigating Shareholder Disputes in India: The Role and Limits of Arbitration I. The Central Tension The confluence of arbitration law and corporate shareholder rights is among the most consequential domains in contemporary Indian commercial jurisprudence. The expansion of private equity, venture capital, foreign direct investment, and complex joint-venture structures has…
Fraud Classification of Bank Accounts in India: A Legal Insight Fraud Classification of Bank Accounts in India: A Legal Insight With the Supreme Court’s ruling in State Bank of India v. Amit Iron Private Limited & Ors. 2026 INSC 323 brings long‑awaited certainty to the procedural requirements governing the classification…
India’s 2026 FEMA NonDebt Amendments: Key Implications for Cross Border M&A in India Two amendments notified in 2026 reshape the rules for inbound deals: the land-border regime is now hard-coded into the Rules, beneficial ownership is tested onmoney-laundering criteria, downstream transfers are caught, and a fresh approvalgate applies to listed…
Digital Personal Data Protection Act, 2023 – Implications for FinTech Businesses Digital Personal Data Protection Act, 2023 – Implications for FinTech Businesses The Digital Personal Data Protection Act, 2023 (DPDP Act), along with the DPDP Rules, 2025, introduces a comprehensive data governance framework that significantly impacts FinTech businesses in India,…
Enforcement Directorate Freezing of Bank Accounts under PMLA: Key Legal Risks, Safeguards and Emerging Judicial Trends Recent judicial developments have placed the Enforcement Directorate’s (ED) powers to freeze bank accounts under heightened scrutiny, with courts reiterating that such actions—though critical to preserving alleged “proceeds of crime” under the Prevention of…
Liberty on Trial: The Conundrum of Bail under the Prevention of Corruption Act The Prevention of Corruption Act, 1988 (“PC Act”) criminalizes bribery, abuse of official position, and possession of disproportionate assets by public servants. While the statute reflects a strong legislative intent to combat corruption, bail jurisprudence under the PC Act remains fundamentally…
The Hon’ble Supreme Court of India, in Kaveri Plastics v. Mahdoom Bawa Bahrudeen Noorul [2025 INSC 1133], adjudicated upon the validity of a statutory notice under Section 138(b) of the Negotiable Instruments Act, 1881 (“NI Act”), where the amount demanded in the notice differed from the cheque amount due to…
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