Financing for Projects and Infrastructure: RBI’s new Directions triggers big push for Infrastructure Development in India

Authors: Ajay Shaw (Partner) and Soham Mookherjee (Associate Partner) Introduction The Government of India in recent years has increased public spending on infrastructure capacity development, with India’s ambitious developmental targets in mind. Capital expenditure by the Government of India on major infrastructure sectors such as atomic energy, civil aviation, telecommunications, renewable energy, power, road, rural […]

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Resolving inter-se disputes between financial institutions and investors through mandatory arbitration in case of enforcement under SARFAESI Act: Landmark Supreme Court ruling in Bank of India v. Sri Nangli Rice Mills Private Limited settles the law

Authors: Mr. Ajay Shaw and Mr. Soham Mookherjee In cases where multiple banks and financial institutions lend to a corporate debtor against security created over the same asset, disputes amongst the lenders often arise, especially regarding the enforcement of security interests. The Hon’ble Supreme Court of India, in its order dated May 23, 2025, in the […]

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