Insights
A Special Purpose Vehicle (“SPV”), also known as a Special Purpose Entity (“SPE”), is a legally distinct entity established to fulfill a specific purpose. These entities are widely used in sectors such as finance, infrastructure, and real estate due to their ability to isolate financial risk and achieve specific
A Special Purpose Vehicle (“SPV”) is a distinct legal entity established by an organization for a particular activity or business goal. It has independent assets and liabilities and is a separate subsidiary business. It functions separately from the parent company.
Expanding into a new market can be an exciting yet complex venture. Setting up a Liaison Office is a popular and effective way to establish a presence without the complexities of direct commercial operations. This blog explores how foreign companies can set up Liaison Offices in India
Goods and Services Tax (“GST”) is a tax system in India that replaced many indirect taxes such as Value Added Tax, excise tax and service tax Introduced in India on 1 July 2017 to make the tax process simpler and more efficient, GST applies to sales of goods and services and will be collected at every step of
In today’s globalized economy, intellectual property (“IP”) is one of the most valuable assets a start-up can possess. Since trade does not have a boundary, so should not IPs. Whether it is a unique product design, a brand logo, an invention, or a confidential business process, protecting IP is crucial
The Centre has notified the appointment of Justice Sanjiv Khanna as the 51st Chief Justice of India. He will assume office on 11 November 2024 and will serve for nearly seven months until 13 May 2025. The outgoing CJI DY Chandrachud had recommended the name of Justice Khanna as his
The Bar Council of India (“BCI”) recently issued a significant directive aimed at private law universities and institutions that host moot court competitions. The BCI imposed the ban against the use of prefixes that are above the state level, whether “Bhartiya,” “National” or “Indian”, to
The Government of India has recently introduced significant amendments to the Companies (Compromises, Arrangements, and Amalgamations) Rules, 2016, focusing on cross-border amalgamations between foreign holding companies and their wholly-owned Indian subsidiaries
Waqf (Amendment) Bill 2024: Joint Parliamentary Committee Set To Deliberate The Waqf (Amendment) Bill, 2024 was introduced in Lok Sabha on August 8, 2024. It amends the Waqf Act, 1995. The Bill renames the Act to ‘United Waqf Management, Empowerment, Efficiency and Development Act, 1995’. The Act regulates waqf property in India. The Act defines…
National budgets are not just financial documents; they are reflections of a government’s priorities, strategies, and responses to current and future challenges. The budget reflects the government’s economic policies, addressing current economic challenges and setting the course for future development…
The 2024 Union Budget will be crucial in bolstering India’s digital infrastructure as the country moves closer to a digital future. With the goal of transforming India into a knowledge economy and society empowered by technology, the Digital India effort has made significant headway. However, the upcoming budget
