Legal Update – Gujarat’s Bets on Data Center Opportunity: Decoding the Viksit Gujarat Data Center Policy

Authors – Anjan Dasgupta (Partner), Yashaswini Basu (Associate) and Aayush Ambasht (Associate) On July 9, 2026, the State Government of Gujarat has launched the Viksit Gujarat Data Center Policy 2026–2029 (“Policy”), a dedicated sectoral framework aimed at establishing the State as a hub for hyperscale, colocation and artificial-optimised data centers, replacing the smaller-scale incentives under the Gujarat Information Technology and Information Technology […]

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FOCC, CSR, and FCRA: Too Foreign to Ignore, Too Indian to Exclude

Authors: Mr. Chirag Jain (Partner) and Ms. Snigdha Prakash (Principal Associate) One label. Two regulatory identities. That is the quiet complexity of foreign owned or controlled companies (FOCC) in India. Under India’s foreign exchange framework, a foreign owned or controlled company (FOCC) is treated as both a resident and a non-resident – depending on the […]

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Delhi High Court considers the limits of arbitral confidentiality under Section 42A

DSK Legal Team that represented Alstom: – Dinesh Pardasani (Partner), Aishwary Kumar Tiwari (Principal Associate), Siddharth Chechani (Principal Associate), Amrit Singh (Associate) The Delhi High Court has dismissed a challenge under Section 34 of the Arbitration and Conciliation Act 1996 (the Act) to an ICC arbitral award in JPC Infrastructure and Constructions Private Limited v […]

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Update – Commercial Bank lending to REITs and InvITs

Authors:  Mr. Avinash Kumar Khard (Partner) and Ms. Roochi Loona (Partner) Background: Key revisions – a snapshot S. No. Nature of revision   REITs InvITs   Registration and Listing Only those entities that are registered with and regulated by the Securities Exchange Board of India (“SEBI”) and listed on a recognised stock exchange.   Underlying Asset Threshold At least […]

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Update – Framework for Trade Receivables Discounting System (“TReDS”) Platforms

Authors: Mr. Anjan Dasgupta (Partner), Mr. Avinash Kumar Khard (Partner) and Ms. Roochi Loona (Partner) Background: Key Features: DSK Comment: MSMEs have long been integral to India’s growth trajectory, contributing significantly to both economic development and social advancement. Despite their importance, MSMEs have historically faced challenges in accessing timely and adequate finance, particularly in monetising their trade receivables. To overcome this […]

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GST Impact on Highway BOT Toll Concessions: An Overview of Rajasthan HC’s Ruling

Authors: Avinash Khard (Partner) and Aayush Ambasht (Associate) Background India’s infrastructure ambitions have long rested on the Build-Operate-Transfer (“BOT”) model, under which private concessionaires construct and operate national highways in exchange for the right to collect toll from road users over a fixed concession period. This structural arrangement, widely used by the National Highways Authority […]

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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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