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Companies can have criminal intent, says Supreme Court

Companies can have criminal intent without attributing it to an individual employee, the Supreme Court of India says in an appeal ruling

Draft rule changes on freezing suspected fraud money

The RBI seeks comment on draft changes to how banks need to operate to freeze accounts or money suspected of fraudulent activity

India’s tighter e-commerce rules take effect on 1 January

India tightens e-commerce rules that will take effect on 1 January 2027

IBBI draft to improve personal guarantor insolvency process

The IBBI seeks comments on draft rules to improve the insolvency resolution process for personal gurantors

Saurav Kumar and Swathi Sreenath to boost Argus’ Japan desk

Argus Partners appoints Saurav Kumar as head of its Japan and South Korea desk, alongside Swathi Sreenath as a partner

Protection for Lotus homebuyers over unfair penalties

A Supreme Court of India ruling has protected Lotus project homebuyers in Uttar Pradesh from developers passing on penalties

India Legal Framework GCCs Data Centres

Greenfield operations: India’s legal framework for GCCs

By Sidharrth Shankar and Prakriti Jaiswal, JSA Advocates & Solicitors

India’s legal framework for greenfield GCCs and data centres covers structuring, governance, compliance and investment rules

India’s landmark judgment on corporate criminal intent

By Shankey Agrawal and Harsh Shukla, BMR Legal

Supreme Court’s Sanofi test reshapes attribution of corporate guilty mind and prosecution strategy in India

Court orders audit in INR52bn Fortis asset diversion matter

Delhi High Court has ordered a forensic audit in the alleged asset dissipation of Fortis Healthcare.

CCPA fines Rapido, rebukes Namma Yatri over ride app pricing

The CCPA fines ride-hailing app Rapido INR1 million (USD10,400) and admonishes peer Namma Yatri over “exploitative pricing mechanisms”

Durga Priya Manda joins Argus to bolster disputes practice

Argus Partners appoints Durga Priya Manda to strengthen disputes, technology, and data privacy practices

Climate-proofing India’s next model BIT

India’s 2026 model BIT must align investment protection with climate obligations for long-term treaty coherence

NCLT stops repayment plan for Essel Group’s INR220bn loan

A five-member bench of the National Company Law Tribunal (NCLT) stays a INR65 million repayment plan as settlement for a INR220 billion loan taken by Essel Group

India imposes charges on payments to merchants using UPI

India releases details for charges on payments to merchants using the unified payments interface system

Dentons Link Legal mourns the loss of senior partner

Sidhartha Srivastava, a senior partner at Dentons Link Legal in Mumbai, has died on 10 September 2026 due to cardiac arrest

SAM inducts seven lawyers into equity partnership

Shardul Amarchand Mangaldas & Co (SAM) promotes seven lawyers to equity partnership from various practices

Central government establishes Mediation Council of India

The Ministry of Law and Justice has released a notification establishing the Mediation Council of India

Saga Legal advises Ultrahuman on USD70m fundraise

Saga Legal advises healthtech company Ultrahuman on its fresh USD70 million fundraise

Healthcare investment in India: The PE playbook

By Ayush Jain, Bharucha & Partners

India’s healthcare platforms draw PE and VC as AI, regulation and diligence shape specialty networks

Indian office rejects US scientist’s AI copyright application

The Copyright Office of India rejects Amercian scientist Stephen Thaler’s copyright application for artificial intelligence (AI) author’s work

Trilegal adds GIFT City office to its nationwide network

Trilegal has added to its multi-city presence in India with a new office in GIFT City, Gandhinagar, Gujarat. The new office is located in an international financial services centre (IFSC)

Fox Mandal hires Zeeshan Khan as regional banking head

Zeeshan Khan has joined Fox Mandal & Associates as a partner and head of the banking and finance practice for Mumbai and the Western India region

Structuring private credit in Indian real estate

By Shrey Agarwal, Crawford Bayley & Co

Private credit’s legal architecture reshapes Indian real estate finance through structuring, security and regulatory complexity

India’s new workforce governance architecture

By Ravi Singhania and Madhu Damodaran, Singhania & Partners

Multinationals in India face rising risk as employment compliance converges with digital data governance obligations

Metals recycler Ardee Industries raises INR4bn in IPO

Metals recycler Ardee Industries debuts in India, raising INR4 billion (USD42 million)

Reinstating the primacy of commercial creditors

By Ateev Mathur, SNG & Partners

2026 IBC amendments restore distribution priorities after Rainbow Papers elevated government dues as secured claims

India’s patent authority releases patent manual for comments

Indian authorities are seeking public comment on a draft manual to codify procedures at the Indian Patent Office

SCCA, GCAI forge Singapore-India in-house counsel partnership

The SCCA and the GCAI sign a memorandum of understanding to strengthen collaboration between the in-house legal communities of Singapore and India.

SILF hosts BVI delegation with AI, ESG and energy in focus

The Society of Indian Law Firms (SILF) hosts a reception for the high-level delegation from the British Virgin Islands (BVI)

BVI woos India

On BVI’s inaugural trade mission to India, Premier Natalio Wheatley and Minister of Financial Services Lorna Smith discuss their jurisdiction’s strengths and what it has to offer India’s fast‑growing economy

Issues in cross-border JVs with India

By Sakshi Mehra, Deepa Rekha and Manisha Nayak, Shardul Amarchand Mangaldas & Co

India cross-border JV investors chase market access as governance gaps drive disputes, deadlocks and exits

Luthra, Crawford Bayley act on Master Chains’ USD42m IPO bid

Tech-driven jewellery maker Master Chains N Jewels proposes an initial public offering on the BSE and NSE in India

The dark patterns regime: From guidelines to enforcement

By Rishikaa and Anindita Deb, ADP Law Offices

As billions are lost each year, India cracks down on dark patterns with CCPA guidelines and sectoral action

CAM, Khaitan, Latham guide Dhoot’s USD322m IPO in India

Cyril Amarchand Mangaldas, Khaitan & Co and Latham and Watkins assist on Dhoot Transmission’s INR30.6 billion (USD322 million) IPO in India.

First legal entrepreneur winner of We Women Want Shakti Award

Legal League Consulting founder Bithika Anand is the first legal entrepreneurship industry member to receive the We Women Want Shakti Award

ANI v OpenAI ruling: Reading the tea leaves

In-house legal teams that adapt now will be better placed for the final judgment after the first ruling on AI training and copyright

Former head of international arbitration quits CAM to join SAM

Shaneen Parikh joins Shardul Amarchand Mangaldas & Co (SAM) as a partner in its dispute resolution practice in Mumbai

Recognition at last

Draft Advocates Amendment Bill 2026 could formalise law firms, mandate registration and admit foreign practices

When seniority demands separation

Disputes partners must leave their law firms in order to practise as senior advocates. IBLJ asks leading lawyers whether it is time for change

Sanjay Kumar and Mrinal Kumar launch law firm Clarvis Legal

Advocate-on-record Sanjay Kumar and advocate Mrinal Kumar launch full-service law firm Clarvis Legal

White & Case onboards M&A partner for Singapore office

White & Case grows its global M&A practice with the onboarding of Parthiv Rishi as a partner in Singapore

Indian government raises USD3.3bn in 6.5% LIC stake sale

Firms chart the landmark sale of a 6.5% stake in Life Insurance Corporation of India (LIC), raising INR315 billion (USD3.3 billion)

Ministry seeks input on draft streamlining TV, radio rules

India’s Ministry of Information and Broadcasting seeks stakeholder input on the draft telecommunications rules 2026

Mutual consent centres bilateral energy projects

By Abhishek Tripathi and Ashutosh Senger, Sarthak Advocates & Solicitors

India-Japan JCM RoI operationalises bilateral credits with dual approvals, flexible sharing and 10-year crediting cap

Firms deliver Juniper Green Energy’s USD189m IPO in India

Independent renewable power producer Juniper Green Energy debuts at an 8.9% premium in India on 6 August 2026

Cyril Shroff to spearhead GC academy with IIM Ahmedabad

Cyril Amarchand Mangaldas managing partner Cyril Shroff and the Indian Institute of Management Ahmedabad (IIMA) launch the Cyril Shroff – IIMA GC Leadership Academy

Juris Prime fortifies dispute resolution, healthcare talent

Srihari Alluri and Vegesana Radha join Juris Prime Law Services as partners to boost disputes and healthcare talent

Kochhar & Co adds capital markets talent Saswat Mohanty

Saswat Mohanty boosts capital markets and securities law practice at Kochhar & Co’s Mumbai office

Prashaant Rajput joins Fox & Mandal as partner in Mumbai

Prashaant Vikram Rajput joins Fox & Mandal as a securities and capital markets partner in Mumbai

Zee-Nykaa copyright dispute and music licensing models in India

By Essenese Obhan and Ayesha Guhathakurta, Obhan Mason

Zee-Nykaa copyright row highlights limits of Instagram music licences for commercial reels in India’s economy

Carrier Global set to acquire building systems innovator 75F

TT&A, Paul Reiss Rifkind Wharton & Garrison and Avisen Legal work on Carrier Global’s acquisition of 75F for an undisclosed amount

ASK Property Fund signs USD52m arrangement with Bhumika

Blackstone-backed ASK Property Fund signs INR5 billion (USD52 million) platform arrangement with developer Bhumika Group to invest in real estate projects

Hospital group Manipal Health debuts in USD973m India IPO

Firms counsel on Manipal Health Enterprises’ INR92.75 billion (USD973.1 million) IPO on the BSE and NSE

SNG and MRM Legal integrate to deepen disputes talent

SNG & Partners, with a legacy spanning more than six decades, integrates with MRM Legal, expanding its dispute resolution talent

CAM, Hogan Lovells, S&R act on Lohia’s USD115m IPO

Firms counsel global textile machinery manufacturer Lohia Corp’s successful USD115 million IPO on the NSE and BSE on 30 July 2026

M&A: The real deal

A practical guide to deals and market trends in Asia

Overview of M&A laws in India

By Hardeep Sachdeva, Priyamvada Shenoy and Abhishek Awasthi, AZB & Partners

India rewrites M&A rules offering faster mergers, tougher CCI review, liberalised FDI and new acquisition finance

Arbitration case winner decides execution path of award

Decree holders can choose the execution path of an arbitration award they have won, the Punjab and Haryana High Court says

Vedanta Resources Finance II’s USD1.75bn bond issuance

A&O Shearman, TT&A, Linklaters Singapore, Harneys Aristodemou Loizides Yiolitis, Clifford Chance and BLC Roberts & Associates have acted for Vedanta Resources Finance II

Three legal leaders launch strategic alliance, MNM Partners

Three leading legal practitioners, Maneck N Mulla, Ameet B Naik and Neil Mandevia, have joined forces to officially launch MNM Partners in a strategic alliance

Anant Raj restructuring spins off data and cloud business

Indian real estate company Anant Raj Limited plans restructuring to consolidate data centre and cloud business units in a separate entity

SIAC opens Delhi representative office, its third in India

The Singapore International Arbitration Centre (SIAC) opens its third representative office in India, adding to its six overseas branches.

SIAC opens Delhi representative office, its third in India

The Singapore International Arbitration Centre (SIAC) opens its third representative office in India, adding to its six overseas branches.

Godrej to acquire Kanakadurga Finance’s gold loan business

SNG & Partners and Khaitan & Co have counselled on Godrej Finance acquiring Kanakadurga Finance’s gold loan business for an undisclosed amount

A postcard from India

Chris Parsons shares his reflections on the Indian legal market’s transformation from 2005 to 2025

OpenAI secures first win in India copyright row against ANI

Delhi High Court hands ChatGPT’s parent company, OpenAI, its first win in a copyright row with Indian news agency ANI

CCI absolves Godrej, 15 others over anti-competitive claims

The CCI exonerates Godrej & Boyce Mfg and 15 other defendants accused of anti-competitive practices involving government tenders

M&A in AI: Redefining dealmaking

By Aneesh Gupte and Mahak Saxena, Shardul Amarchand Mangaldas & Co

When AI cannot be built quickly, boards must acquire capability and rethink India’s M&A playbook

Draft ASCI guidelines for SGC in advertising

By Rishikaa and Anindita Deb, ADP Law Offices

India moves towards accountable AI advertising with ASCI labelling rules and IT regulations on synthetically generated content

Indian corporate fitness provider Cult.fit in INR9.5bn IPO bid

Firms are advising on Cult.fit’s proposed INR9.5 billion (USD98.45 million) initial public offering on the BSE and NSE

CCI fines HP India INR1.38bn for cartelisation, bid rigging

The CCI fines HP India INR1.38 billion for (USD14.4 million) for cartelisation and bid rigging

SAM, Trilegal, Latham drive Ather Energy’s USD134m QIP

Firms drive electric two-wheeler manufacturer Ather Energy’s INR13 billion (USD134 million) qualified institutional placement (QIP)

Ex-Google India talent to lead Chandhiok & Mahajan’s AI team

Deepak Singh joins Chandhiok & Mahajan as partner to lead the firm’s newly integrated technology, digital and AI practice

India-UK CETA takes effect, improves trade, reduces barriers

The India-UK Comprehensive Economic and Trade Agreement takes effect on 15 July 2026, improving bilateral trade and market access

Reuben Chacko quits CAM to expand S&R’s southern horizon

After two decades at Cyril Amarchand Mangaldas (CAM), Reuben Chacko, senior partner and regional co-head markets practice (south) has decided to move to S&R Associates.

CAM, SAM, and Trilegal act on TPG’s USD467m AIFL acquisition

Firms advise on a TPG Rise Climate Fund-led consortium’s proposed INR45 billion (USD467 million) 100% acquisition of Aseem Infrastructure Finance

CCI closes case on anti-competitive pharmaceutical practices

Pharmaceutical manufacturers that voluntarily pay product information services (PIS) charges do not constitute a restrictive trade practice, the Competition Commission (CCI) of India says

Ashurst Perkins Coie, ILP power USD493m India energy loan

Ashurst Perkins Coie and ILP aid a Japan Bank for International Co-operation-led consortium on a JPY80 billion (USD493 million) loan for an energy project in India

Recalibrating India’s FPI regime beyond NRIs/OCIs

By Aman Avinav, Phoenix Legal

India broadens schedule III route, tightens safeguards on ownership, thresholds and land-border jurisdictions

Significance of new rules on determining, registering online games

By Ashima Obhan and Priyanka Narayanan, Obhan Mason

India’s online gaming rules 2026 clarify determinations, create registration regime and centralise regulatory decision-making power

Adani’s USD1.57bn QIP in landmark India issuance

Firms guide Adani Enterprises on a INR150 billion qualified institutional placement in the largest such non-bank issuance in India

Amrita Pandey to boost Hammurabi’s disputes talent in Kolkata

Amrita Pandey joins Hammurabi & Solomon Partners as a partner in the dispute resolution practice in Kolkata

IBBI proposes changes on corporate insolvency framework

The Insolvency and Bankruptcy Board of India issues a discussion paper on proposed changes to toughen the framework on CIRP, liquidation and bankruptcy

US lifts sanctions on four Indian companies for Russia links

The US Department of the Treasury removes sanctions on four Indian manufacturing companies

Delhi EV policy targets adoption of clean mobility by 2030

The National Capital Territory government introduces an electric vehicle (EV) policy to achieve clean mobility by 2030

Baker McKenzie, JSA, Luthra act on IREDA’s JPY28bn green loan

Firms counsel parties involved in Indian Renewable Energy Development Agency’s JPY28 billion (USD173.6 million) sustainable loan

Arbitration award upheld against ONGC in payment dispute

Bombay High Court dismisses ONGC petition against an arbitration award for payment of extra work on offshore Mumbai oil project

FEMA regulations to reshape India’s EXIM compliance regime

By Aman Avinav, Phoenix Legal

RBI’s 2026 FEMA regulations unify export-import rules, easing compliance and strengthening AD bank governance

Protecting personal data in Indian MSMEs and startups

By Shantanu Sahay and Pratyush Acharya, Anand and Anand

Data protection for MSMEs now involves simple controls under India’s evolving privacy framework

Impact of Middle East crisis on India’s energy supply

By Rahul Sinha and Mohd Shahan Ulla, DSK Legal

Strait of Hormuz shutdown triggers force majeure, reshapes India’s imported energy contracts, regulation and downstream disputes nationwide

Cyril Amarchand, DSK dock Adani’s USD1.4bn Vizhinjam port deal

Adani Ports and Special Economic Zone Limited (APSEZL) signs agreements with Mundi to secure a 49% stake in Adani Vizhinjam Port Private Limited (AVVPL) for USD1.397 billion

Defendants fined INR1m for infringing Blue Cross pain mark

The Bombay High Court orders defendants to pay a INR1 million (USD10,501) fine for infringing Blue Cross Laboratories’ registered mark “Meftal-Spas”

Kotak Mahindra to buy Deutsche’s India’s banking business

Firms are advising on Deutsche Bank’s sale of its retail, private banking and wealth management business in India to Kotak Mahindra

AZB, CAM, Hogan Lovells steer Sterlite’s USD159m QIP

AZB & Partners, Cyril Amarchand Mangaldas and Hogan Lovells act for Sterlite Technologies’ qualified institutional placement (QIP), raising around INR15 billion

Kanga & Co sole counsel for OM Power’s INR1.5bn IPO

Kanga & Co advises Om Power Transmission on its successful IPO in India, raising around INR1.5 billion (USD15.73 million)

Khaitan, Trilegal and Linklaters work on landmark JSW QIP

Firms have worked on JSW Infrastructure’s landmark INR75 billion (USD875 million) qualified institutional placement (QIP)

CPPIB in strategic CAD1bn Indian data centre partnership

Firms counsel on Canada Pension Plan Investment Board’s strategic CAD1 billion partnership with India’s CtrlS Datacenters

Gagan Kathuria joins AnantLaw as corporate M&A partner

AnantLaw recruits Gagan Kathuria as a partner in its corporate M&A practice and will be based in the New Delhi office

Cooley, Dua advise Lingyi iTech on HKD8.26bn Hong Kong IPO

Cooley and Dua Associates have guided Apple supplier Lingyi iTech on its HKD8.26 billion (USD1.06 billion) initial public offering in Hong Kong

Juris Corp bolsters leadership with four new equity partners

Juris Corp inducts Ankit Sinha, Apurva Kanvinde, Saurabh Sharma and Smrithi Nair as equity partners

India’s CCPA fines McAfee over violation of consumer rights

India’s Central Consumer Protection Authority (CCPA) fines McAfee Software India after finding the company violated consumer rights

Consent, clarity and arbitration clause lessons

By Hiral Gupta and Surabhi Sharan, Bharucha & Partners

Supreme Court: ‘Can’ arbitration clauses signal permissive option, not binding consent, in Nagreeka Indcon case

Green Channel Route: Gains and predictability

By Vandana Pai and Hardik Dave, Bharucha & Partners

In India’s green channel route, binary deemed approvals are strained by affiliate overlaps, needing de minimis guidance

Setting up a GCC in India

By Vikas Agarwal and Vivek Sadhale, LegaLogic Consulting

Designing India GCCs involves vehicle, location, labour, data, pricing and transfer pricing compliance for strategic durability

Taking the Pune advantage

By Aanchal Lamba and Richa Joshi, Stride Legal

Pune a balanced hub for investment, manufacturing, technology, GCCs and compliant market entry strategies

GCAI pushes global agenda through India-UK conference

The GCAI deepens cross-border collaboration after convening senior government officials, general counsel, law firms and legal institutions from India and the UK at its London conference

CAM, Shardul Amarchand act on Krishna medical’s USD155m QIP

Firms assist on Krishna Institute of Medical Sciences’ INR15 billion (USD155 million) qualified institutional placement of shares

Yella Reddy a TLH partner in Andhra Pradesh’s Vijayawada city

Rajanala Yella Reddy joins TLH Advocates & Solicitors as a partner at the firm’s Vijayawada office

Nidhi Khadria strengthens JSA’s corporate team in Mumbai

Nidhi Khadria joins JSA as a partner based in the firm’s Mumbai office, strengthening its corporate practice

Prateek Bhandari boosts SAM’s infrastructure & project finance

Prateek Bhandari joins Shardul Amarchand Mangaldas & Co as a New Delhi partner in the firm’s infrastructure, energy and project finance practice

JSA counsels ceramics brand RAK India on NCD issuance

JSA counsels RAK Ceramics India on its issuance of senior redeemable non-convertible debentures (NCDs) on a private placement basis

SAM, IndusLaw act on SolarSquare Energy’s USD53m funding

Shardul Amarchand Mangaldas & Co and CMS IndusLaw assist on SolarSquare’s INR5.08 million (USD53 million) series C funding

NDA’s Mohammad Kamran joins Resolüt to head New Delhi office

Mohammad Kamran leaves Nishith Desai Associates to head the New Delhi office of Resolüt Partners

Firms sketch Italian stationary giant FILA’s DOMS stake sale

Firms chart Italian stationary giant FILA Fabbrica Italiana Lapis ed Affini’s sale of 7% stake in Indian subsidiary DOMS Industries

Metalegal, Khaitan steer L’Oréal’s acquisition of Innovist

Khaitan & Co and Metalegal Advocates counsel on L’Oréal India’s acquisition of a controlling stake in Innovist

India’s changing labour law regime

By Pooja Ramchandani, Suryansh Gupta and Shalini Prem, Shardul Amarchand Mangaldas & Co

India’s four Labour Codes mark a historic shift, unifying 29 laws and reshaping wages, work and compliance

UP RERA’s transfer charge reforms

By Rohit Bajaj, Shridha Malhotra, Abhimanyu Chattree and Arpita Mohapatra, Shardul Amarchand Mangaldas & Co

UP RERA caps transfer charges, simplifies succession and assignments, strengthening homebuyer protections under real estate

Standard essential patents: Stakes for Japanese automakers

By Gaurav Choubey, Kochhar & Co

Japan automakers’ India boom meets SEP risk, with connected-vehicle standards triggering long-term FRAND licensing exposure

Reliance gets Supreme Court green light for Mumbai project

The Supreme Court dismisses a civil writ petition seeking to quash a tender won by Reliance Industries for a coastal road development in Mumbai

Finance ministry and RBI amend FEMA rules

Indian regulators release amendments on foreign exchange management regulations replacing the terms NRI and OCI with an individual residing outside India

Correspondents

India Healthcare Investmentvideo

Healthcare investment in India: The PE playbook

By Ayush Jain, Bharucha & Partners
Philippine Citizenship By Marriage

Bride and prejudice: Gendered paths to Philippine citizenship

By Jewel M Culala, ACCRALAW
AI investments in Indiavideo

Rethinking due diligence for Indian AI deals

By Vandana Pai and Shreya Sreesankar, Bharucha & Partners
NCLAT shields enforcement actions

PMLA free pass dilutes insolvency moratorium

By Ambar Bhushan and Divyam Sharma, Bharucha & Partners

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