India: Contracts and Commercial Law

The law of guarantee, as codified under Chapter VIII of the Indian Contract Act, 1872, has long grappled with the tension between the legitimate recovery interests of creditors...

The March 2026 edition of Fox & Mandal's newsletter examines the amendments to Press Note 3; RBI’s framework to protect consumers against digital fraud; reclassification of mutual funds; permissibility of selective capital reduction; Draft National Electricity Policy, 2026; NHAI’s framework to fast-track dispute resolution; liability of landowners on default by the developer; and other changes in India's corporate, capital markets, infrastructure, and banking sectors.

Scaling a business often calls for a stronger legal structure. The conversion of OPC into private limited company is a common step for founders who begin as a single owner and later need co-founders, investors...

In a landmark decision of Jindal Equipment Leasing v. CIT, the Supreme Court has observed that the inherent assumption of tax-neutrality under Section 47(vii) of the Income-tax Act, 1961 ("IT Act")...

Ministry of Finance ("MoF") through notification no. G.S.R. 184(E) dated 13.03.2026 notified the Securities Contracts (Regulation) Amendment Rules...

The Ministry of Power notified the Electricity (Amendment) Rules, 2026 vide G.S.R. 186(E) published in the Gazette of India (Extraordinary), Part II - Section 3(i) on 13 March 2026.

The COVID-19 pandemic triggered an unprecedented wave of global market volatility in early 2020. As equity valuations across Indian listed and unlisted companies fell sharply...

Under the Insolvency and Bankruptcy Code, 2016, 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.

Entrepreneurs entering the Indian market must carefully evaluate the legal structure of their business before starting operations.