Authors: Mr. Samir Malik (Partner), Mr. Varun Kalra (Senior Associate) and Mr. Pranav Khanna (Associate) Introduction At the time of the enactment of the Insolvency and Bankruptcy Code, 2016 (“IBC”), provisions regarding Information Utilities (“IU”) were included to establish a robust institutional framework for collecting and verifying information on financial defaults. IUs are projected to […]
Authors: Mr. Anjan Dasgupta (Partner) and Mr. Avinash Kumar Khard (Partner) S. No. Particulars Directions 1. Regulatory Framework Chapter XI of the Commercial Banks– Reserve Bank of India (Commercial Banks – Credit Facilities) Directions, 2025, as amended vide the Reserve Bank of India (Commercial Banks- Credit Facilities) Amendment Directions, 2026 (hereinafter referred to as “Directions”) […]
Authors: Mr. Ashish Chandra (Partner) and Mr. Anupal Dasgupta (Principal Associate)The Supreme Court of the United States (‘SCOTUS’) in a landmark judgment on 20 February ruled that the tariffs imposed by the Trump Administration pursuant to International Emergency Economic Powers Act (‘IEEPA’) is illegal as the statute does not provide any powers to the US President to […]
Authors: Mr. Anjan Dasgupta (Partner), Mr. Avinash Kumar Khard (Partner) and Ms. Roochi Loona (Partner) Background S. No. Particulars of Change Erstwhile Framework Amended Framework 1. Borrower Eligibility All entities eligible to receive foreign direct investment (“FDI”);Port Trusts, SEZ units, SIDBI, EXIM Bank of India; andEntities engaged in micro-finance activities i.e. registered not for profit companies, registered societies/ trusts/ cooperatives and […]
Authors: Mr. Mayank Mehta (Partner) and Ms. Aishwarya Kapoor (Principal Associate) I. INTRODUCTION In recent years, there has been a discernible shift in the manner in how families in India approach succession planning and inter-generational wealth arrangements. Increasingly, families, particularly high-net-worth individuals and business-owning families, are opting to establish family trusts as a preferred vehicle […]
Authors: Mr. Samir Malik (Partner), Mr. Mahip Singh (Associate Partner) and Ms. Ayushi Pandey (Associate) Loss of profit claims are among the most frequently pleaded heads of damages in Indian construction arbitration, and among the most consistently rejected. Despite prolonged delays, extensions of time, and employer-attributable breaches, contractors routinely fail to secure compensation under this head. The principal reason is both conceptual […]
Click here to download Welcome to the February 2026 edition of the DSK Legal Newsletter! Our commitment to keeping you informed about the latest legal developments continues. This month, we provide comprehensive updates across a wide array of practice areas, ensuring you’re well-versed in the ever-changing legal landscape. Capital Market Explore insights into current market […]
Authors: Mr. Ashish Pahariya (Partner), Ms. Anisha Kumar (Principal Associate) and Ms. Vinita Gaud (Senior Associate) Introduction: Competing Non‑Obstante clauses and divergent objectives The Insolvency and Bankruptcy Code, 2016 (“IBC”) which came into force on December 1, 2016, marked a decisive shift in India’s approach to insolvency and its resolution. It aimed to overcome a […]
Authors: Ms. Shubhi Ameriya (Associate Partner) and Ms. Mala Mehto (Principal Associate). I. Introduction M&A due diligence has historically been a document centric exercise. Data rooms traditionally functioned as repositories of contracts, licences, financial statements, and compliance records, with personal data appearing as incidentally embedded within those documents. The implicit assumption was that personal data […]
Click here to download Welcome to the January 2026 edition of Game, Set & Match Monthly, your all-access pass to the latest legal, regulatory, and industry updates in the ever-evolving world of sports and gaming—both in India and internationally. In this issue, we cover:Gaming News & Legal Updates – Key developments in India’s online gaming regulations, global policy shifts, and […]