Corporate & Commercial
The corporate insolvency regime in India is continuously evolving, demanding agility from corporate entities, creditors, and legal practitioners alike. The first half of 2026 has introduced a seismic shift in how insolvency proceedings are initiated, managed, and resolved before the National Company Law Tribunal (NCLT). The enactment of the Insolvency and Bankruptcy Code (Amendment) Act, 2026, alongside several landmark rulings from the Supreme Court and NCLAT, emphasises strict adherence to procedural timelines, prevention of systemic abuse, and clarity on creditor rights.
Corporate & Commercial
In the realm of corporate transactions, the transfer of shares is often viewed as a single, seamless commercial event. However, from a strict jurisprudential perspective, the alienation of corporate equity is a bifurcated process.
Corporate & Commercial
Incorporating a new Company or Limited Liability Partnership (LLP) in India has become a highly scrutinized, data-driven process. The Central Registration Centre (CRC) under the Ministry of Corporate Affairs (MCA) frequently rejects name applications (SPICe+ Part B / RUN) due to phonetic resemblances, trademark conflicts, and object-clause mismatches. The latest 2026 structural advisory outlines stringent rules that professionals and founders must follow to avoid costly delays and re-filings.
Corporate & Commercial
The scenario is common: Two entrepreneurs decide to start a Limited Liability Partnership (LLP). Partner A injects the major capital (e.g., Rs. 50 Lakhs), while Partner B acts as the "working partner," bringing industry expertise, time, and a nominal capital contribution (e.g., Rs. 50,000). They agree to split the profits and voting rights 50:50.
Corporate & Commercial
Entering into a franchise arrangement can be a highly lucrative commercial venture, but the foundation of this relationship rests entirely on the legal framework of the franchise agreement. In India, there is no specific franchise law; instead, these agreements are governed by the Indian Contract Act of 1872, alongside intellectual property regulations and the Competition Act of 2002. Without a meticulously drafted contract, ambiguities can rapidly escalate into costly litigation.
Corporate & Commercial
Operating a registered society or non-governmental organization requires strict adherence to multiple layers of statutory laws. Failing to comply with governance mandates, state-level filings, or central tax requirements can result in heavy penalties, loss of tax-exempt status, or the cancellation of FCRA registration. This guide details the essential compliance timeline for societies operating in Kerala, updated to reflect the critical changes introduced by The Kerala Societies Registration Act, 2025.
Corporate & Commercial
The landscape of Mergers and Acquisitions (M&A) for technology startups has grown increasingly complex. When founders successfully negotiate a multi-crore exit, the focus rapidly shifts from the term sheet to the tax implications. With the long-term capital gains (LTCG) rate for unlisted equity sitting at a flat 12.5%, preserving exit capital requires surgical precision in how the transaction is legally structured.
Corporate & Commercial
The digital economy thrives precisely because it operates without borders. A user in Mumbai can easily transact with a platform hosted in Singapore, processed by servers in Ireland. However, while commerce flows seamlessly across international lines, administrative and regulatory bodies often struggle to understand or respect their own jurisdictional limits.
Corporate & Commercial
The Insolvency and Bankruptcy Code (IBC) in India is in a state of constant, dynamic evolution. Recent legislative action and landmark judgments from the Supreme Court have significantly reshaped the rules of engagement for creditors, companies, and investors. Understanding these shifts is crucial for navigating the complex landscape of the National Company Law Tribunal (NCLT).
Corporate & Commercial
In the high-stakes world of government contracts and public tenders, businesses often face arbitrary decisions from state entities that can jeopardise projects and cash flow. While a traditional civil suit is the default path for contractual disputes, it is notoriously slow. The writ petition, filed directly in the High Court under Article 226 of the Constitution, offers a powerful and expedited alternative, but its use in commercial matters is highly nuanced.