Legal Update – Labour Codes Move from Framework to Function: Central Rules Notified

Authors: Mr. Suyash Srivastava (Partner), Mr. Kumar Prem Anand (Associate Partner), and  Ms.Tisha Agrawal (Associate) On 8 May 2026, the Ministry of Labour and Employment (“Ministry”), Government of India, notified the  Central Rules under all four (4) labour codes namely, (i) the Code on Wages, 2019 (“Wages Code”), (ii) the Code on Social Security, 2020 (“SS Code”), (iii) the […]

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Legal Update – Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026

Authors: Nakul Batra (Partner), Palak Sehgal (Associate Partner) and Devbrat Singh (Principal Associate) The Ministry of Finance (Department of Economic Affairs), on May 2, 2026, notified the Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026 (“Rules”), amending Schedule I of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019. The Rules, which came into force […]

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ANI v. OpenAI: Where Will the Court Draw the Line?

Authors: Rishi Anand (Partner), Riddhi Misra (Principal Associate) and Deeksha Dubey (Associate) Introduction The past decade marked a revolution in the technology space, wherein artificial intelligence (“AI”) has evolved significantly from a futuristic abstraction to a present-day reality. AI has not only rapidly transformed how information is created, accessed, and consumed but has managed to […]

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Press Note 3, Press Note 2, and the Automobile Sector: Navigating the Evolving FDI Framework

Authors: Mr. Samir Malik (Partner), Mr. Mahip Singh (Associate Partner), and Ms. Yachana Gupta (Associate). 1. INTRODUCTIONIn April 2020, amid the economic disruption caused by the COVID-19 pandemic, the Indian government introduced Press Note 3 (“PN3”) through the Department for Promotion of Industry and Internal Trade (“DPIIT”). The policy was a considered response to a […]

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Promotion and regulation of online gaming rules, 2026

Authors: Mr. Rishi Anand (Partner) and Mr. Chirag Jain (Partner). The Ministry of Electronics and Information Technology (MEITY), on April 22, 2026, notified the Promotion and Regulation of Online Gaming Rules, 2026 (Rules) under the Promotion and Regulation of Online Gaming Act, 2025 (Act). The Rules seek to establish a comprehensive regulatory framework governing online […]

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Legal Update – The Insolvency & Bankruptcy Code (Amendment) Act, 2026: Key Changes and Practical Insights

Authors: Mr. Ajay Shaw (Partner), Mr. Ashish Pahariya (Partner), Mr. Soham Mookherjee (Associate Partner), Ms. Anisha Kumar (Associate Partner)  Click here to download In this IBC update, we bring to you an in-depth look at the key changes introduced by the IBC (Amendment) Act, 2026, one of the most significant overhauls to India’s insolvency framework since the […]

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Equality In Caregiving: A Constitutiona Reassessmentof Maternity Benefits

Authors: Mr. Suyash Srivastava (Partner), Mr. Kumar Prem Anand (Associate Partner), and  Ms.Tisha Agrawal (Associate). In a deeply humane and progressive judgment delivered by the Hon’ble Supreme Court of India (“Court”) on 17 March 20261, the Court has re-defined how the law and our judiciary understand motherhood, adoption, and parental care. BackgroundThe matter at hand […]

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Facilitating Global Trade: RBI’s New Regulatory Reforms

Authors: Mr. Sharath Chandrasekhar (Partner) and Ms. Srinandini Kar (Associate) India’s growing integration with global markets has necessitated a regulatory framework capable of supporting increasingly complex cross-border commercial and financial transactions. In recent years, the Reserve Bank of India (“RBI”) has undertaken a series of regulatory reforms aimed at strengthening India’s trade ecosystem while simultaneously […]

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When the debt dies but the third party security lives: the fate of third-party security under the IBC

Authors: Mr. Ashish Pahariya (Partner), Ms. Anisha Kumar (Principal Associate)  Under the Insolvency and Bankruptcy Code, 2016 (“IBC”), the approval of a resolution plan under Section 31 of the IBC is statutorily binding on the corporate debtor, its creditors, and other stakeholders to the restructured arrangement embodied in the plan. While, it is a settled principle of law that […]

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