Practice Updates

Projects Energy & Infrastructure | Mar 2023

HSA | Projects, Energy & Infrastructure Monthly Newsletter | March 2023

The Central Electricity Regulation Commission (CERC) has issued draft Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges and Losses) (Second...

Restructuring & Insolvency | Mar 2023

HSA | Restructuring & Insolvency Monthly Update | March 2023

The Resolution Professional filed an Application for approval of the Resolution Plan. Meanwhile, the Financial Creditor, Kotak Mahindra Bank filed an...

Arbitration Update,Dispute Resolution | Mar 2023

HSA | Dispute Resolution & Arbitration Monthly Update | March 2023

The Respondent was awarded a contract dated December 16, 1971 for construction of a 3 km missing link on NH-6 from...

Corporate & Commercial | Mar 2023

HSA | Corporate & Commercial Monthly Newsletter | March 2023

On February 10, 2023, the Master Directions on Prepaid Payment Instruments (PPI) was amended to include provisions for issuance of PPIs...

Projects Energy & Infrastructure | Feb 2023

HSA | Projects, Energy & Infrastructure Monthly Newsletter | February 2023

The proposed amendment to Rule 4A provides that where any person or entity, including a Government Company, was functioning as a...

Restructuring & Insolvency | Feb 2023

HSA | Restructuring & Insolvency Monthly Update | February 2023

Rajesh Landmark Projects Pvt Ltd (Corporate Debtor/Appellant) had issued debentures to IREP Credit Capital Pvt Ltd (Financial Creditor). On December 20,...

Arbitration Update,Dispute Resolution | Feb 2023

HSA | Dispute Resolution & Arbitration Monthly Update | February 2023

In 2006, TATA Sons Pvt Ltd (Applicant), Siva Industries and Holdings Ltd (Respondent No. 1) and Tata Tele Services Ltd (TTSL)...

Corporate & Commercial | Feb 2023

HSA | Corporate & Commercial Monthly Newsletter | February 2023

On January 25, 2023, the RBI released a discussion paper on securitization of stressed assets framework leading to creation of one...

Projects Energy & Infrastructure | Jan 2023

HSA | Projects, Energy & Infrastructure Monthly Newsletter | January 2023

The Ministry of Law and Justice (Ministry) on December 20, 2022 issued the Energy Conservation (Amendment) Act, 2022 (Amendment Act). By...

Restructuring & Insolvency | Jan 2023

HSA | Restructuring & Insolvency Monthly Update | January 2023

The Insolvency and Bankruptcy Board of India (IBBI) vide notification dated December 12,2022 issued certain guidelines pertaining to the appointment of...

Arbitration Update,Dispute Resolution | Jan 2023

HSA | Dispute Resolution & Arbitration Monthly Update | January 2023

The Applicant is a registered entity under the provisions of the Goods and Services Tax Act, 2017 (GST) and is engaged...

Arbitration Update,Dispute Resolution | Dec 2022

HSA | Dispute Resolution & Arbitration Monthly Update | December 2022

The Appellant, by way of a First Appeal, had challenged the Order dated August 20, 2018 passed by the Commercial Court,...