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John Sze, JTJB’s recently appointed managing partner in Singapore, provides insights into the realm of maritime law and his unique approach to client relationships that sets him apart. Q: What are your strategic goals for the firm under your leadership...
Shashank Garg brings 15 years of experience to his new role as he begins his tenure as chair of the ICC India Arbitration Group (IAG). Garg’s experience covers dispute resolution, specialising in international and domestic commercial arbitration and litigation. Speaking on...
In a notable development, the Vienna International Arbitral Centre (VIAC) names Arush Khanna, co-founder and partner at Numen Law Offices, as the first ambassador for India in 49 years. Khanna – who is a fellow at the Chartered Institute of...
Prolegis, a formal law alliance (FLA) partner of Herbert Smith Freehills, has appointed Daniel Chia as its new managing director, succeeding the founder and director, Ban Leong Oo, who has stepped down after 12 years. Graeme Preston, Herbert Smith Freehills’...
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Literal or liberal interpretation in extending arbitration

By Sudeshna Guha Roy and Ayush Chaturvedi, Bharucha and Partners
In 2015, section 29A was added to the Arbitration and Conciliation Act, 1996 (act), to provide that the arbitral tribunal must make an award within 12 months of the close of pleadings. This period may be extended by six...
Bird & Bird has taken onboard new corporate partner David Cheng from the now shuttered Hong Kong office of Winston & Strawn, where he practised for close to nine years. Hiring Cheng from Winston & Strawn, which announced last year...
Jean-Denis Marx, most recently a corporate partner at Baker McKenzie in Tokyo, has made a lateral move to Tokyo International Law Office after a 30-year stint at the global firm. Marx, who joined Baker McKenzie in 1994, specialises in advising...
K&L Gates Straits Law, the Singapore outpost of the global firm K&L Gates, recruits Jason Nelms as a partner in the asset management and investment funds (AMIF) practice. Michael Caccese, K&L Gates chairman and leader of its AMIF practice group,...
Cayman Islands’ foundation companies

Why are Cayman Islands’ foundation companies popular?

By Robert Farrell, Loeb Smith Attorneys
The Foundation Companies Act 2017 introduced a new corporate vehicle to the Cayman Islands – the “foundation company”. This company structure has several applications and is growing in popularity. Foundation companies are governed primarily by the above-mentioned act together with...
China’s export control system

China’s export control system and tips for compliance

By Qiu Mengyun and Han Xiaoxi, AllBright Law Offices
The export control system in mainland China is a set of regulations designed to limit the export of specific items to fulfil non-proliferation requirements and other international obligations, maintain national security and protect development interests, ensuring that specific controlled...
Global law firm Dentons and Phillippines firm PJS Law have officially kick-started their combination close to one year after announcing the planned launch. This marks Dentons’ latest push into South and Southeast Asia in recent years, having combined with...
MSE Bankruptcy Reorganisation

Advice on bankruptcy reorganisation of MSEs

By Cheng Ruomiao, Lianggao Law Firm
The term micro and small enterprises (MSEs) generally refers to small businesses, micro businesses and home-based businesses. Because of the relatively limited funds and management capabilities, MSEs may fall into bankruptcy reorganisation as a result of difficulties in financing,...
Determination of labour relationships

Labour relations: Chinese companies and foreign employees

By Tracy Liu and Larry Lian, Jingtian & Gongcheng
Disputes over determination of labour relationships between Chinese companies and foreign nationals assigned to work in China by their foreign affiliates are not uncommon. Once labour relations are established, the Chinese company may be exposed to the legal risk...
When commercial or economic entities become embroiled in disputes, many take measures to quickly divert or conceal the property in question, or destroy case-related evidence to minimise their losses in the dispute. As constitution of an arbitral tribunal in international...
Countering bad-faith TM hijack

Countering bad-faith TM hijack by first-to-file

By Mila Federis, Federis & Associates Law Offices
Despite rightfully owning a trademark, a foreign company failing to apply for its registration in a timely manner in the Philippines is often confronted with the issue of bad-faith or fraudulent registration, countered by opposition, cancellation and unfair competition...
Cayman islands’ pro-arbitration reputation

Cayman toolkit for foreign arbitration

By Jeremy Lightfoot, Kimberley Leng, and Yi Yang, Carey Olsen in Hong Kong
Recent developments have reinforced the Cayman islands’ pro-arbitration reputation For the first time, in August 2023, the Grand Court decided there is a standalone power to grant interim injunctions in aid of foreign arbitrations. The court’s ruling concerned a Chinese...
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Japan still hot for 2024

Japan has witnessed keen growth in 2023, and the year ahead looks as bright as ever for investors, especially with a stable market, favourable policy conditions, and weaker yen, writes Freny Patel. J apan will continue to be a hotbed for...
Direction corrections on Singapore tax

Direction corrections on Singapore tax

By Eugene Lim, Christine Schwarzl and Mei Yeo, WTS Taxise in Singapore
The island nation is ringing in tax changes to keep it competitive, pay for an energy transition, and align with new international standards. Singapore’s recent tax changes have a broad range of drivers: the need to align with international rules;...
East & Concord Partners (E&C) has formed an affiliation with Hong Kong law firm Yang & Yang Solicitors, allowing E&C’s Guangzhou and Shenzhen offices to pool resources with Yang & Yang as well as enhance their service capabilities in...
Trilegal has acted for the Ontario Teachers' Pension Plan (OTPP) on successive rounds of follow-on investments valued at USD114 million in the Highways Infrastructure Trust. The Trilegal team advised on the complex legal aspects of these transactions, ensuring compliance with...
Singaporean law firm TSMP Law Corporation has named Tania Chin as the team’s new director, heading the criminal litigation and investigations practice. With more than a decade of experience as a seasoned litigator specialising in white-collar crime, Chin has been...
From artificial intelligence and de-risking from China to energy transitions and global taxation, law firms and in-house counsel had plenty to keep them busy in 2023. George W Russell looks back at an eventful year The winds of geopolitics swept...
arbitration institutions revisit development focalvideo

Gears changing

Path to internationalisation of arbitration in China Jiang Lili - BAC/BIAC Innovative rules, upgraded mechanism Wang Chengjie - CIETAC Swift winds of change sailing foreign-related maritime arbitration Li Hu - CMAC The ‘Asian century’ of arbitration Yang Ling -HKIAC ...
Chance Bridge Partners bolstered its teams in Shanghai and Shenzhen with the addition of new partners in January. In Shanghai, the firm welcomed Jason Wu, Hou Nini and Wilson Tang, while Luo Siwei joined the Shenzhen office. Wu brings more than...
Clifford Chance has advised Barito Renewables Energy and its subsidiary on the international aspects of acquiring five wind farm assets in Indonesia from UPC  Renewables Asia Pacific Holdings for an undisclosed amount. Subsidiary Barito Wind Energy will fully acquire Indonesia’s...
The most indebted real estate giant China Evergrande Group, burdened with RMB2.43 trillion (USD342.2 billion) in debt, is on the path towards liquidation after a high court order from Hong Kong to wind up its business. Presiding judge Linda Chan...
Allens rehires former employee Natasha Burns as a partner, bringing more than two decades of experience to spearhead the firm’s trademark practice in Australia. Burns, founder of Burns IP Law in 2013, has rejoined Allens where she originally started her...
“Maybe I’m the first woman managing partner in Vietnam offices, but I may not be the last one.” - Oanh Nguyen, managing partner at Baker McKenzie. The first woman to helm Baker McKenzie’s offices in Ho Chi Minh City and...
China's private equity market in 2023

Shuffling the PE deck

Bleak prospects have dealt a challenging hand of enhanced regulations to players in China’s private equity market, adding a wildcard of China/US decoupling and generally giving the industry a good shuffle. However, with or without foreign funds, the game...
Ma Qiang and Wang Wei have joined Jingtian & Gongcheng as partners, enhancing the firm’s capabilities in intellectual property and commercial dispute resolution. Ma brings nearly 20 years of experience in the intellectual property fields, specialising in trademark, copyright and...
JSA counsels Shyam Metalics and Energy on its INR13.85 billion (USD166.63 million) qualified institutional placement (QIP). The QIP involves the issuance of 24,051,165 equity shares to qualified institutional buyers, raising INR13.85 billion. “Shyam Metalics has been our longstanding client. We counselled...
Corporate counsel Ankit Jaiswal has taken over as the head of legal and compliance for the SEA region at CarDekho Southeast Asia. “I look forward to navigating the dynamic legal landscape, driving strategic initiatives, legal compliance and corporate governance to...
Carbon financial products' future

The sunny future of carbon financing

By Chen Sheng and Li Mingyue, Tian Yuan Law Firm
There’s a notable uptick in the regional adoption of carbon financial products as market tools rapidly advance Carbon finance plays a pivotal role in realising the “dual carbon” target and has attracted much recent attention. It was also heatedly discussed...
Greenberg Traurig has bolstered its real estate practice in Tokyo with the arrival of a four-lawyer team from White & Case. Mizuho Yamada, who previously headed White & Case’s Japan real estate practice, and  colleague and partner Ayako Kawano have...
Mayer Brown has deepened its banking and finance practice bench in Asia with the hire of Janelene Chen, who was most recently at Norton Rose Fulbright, as a partner in the US firm’s Singapore office. “The multitrillion-dollar global trade finance...
Rossana Chu – the former managing partner of EY’s legal arm in Hong Kong, LC Lawyers, that closed on 23 January 2024 – joins Yang & Yang Solicitors, which plans a tie-up with East & Concord in the city. Yang...
Jia Yuan Law Offices has advised China Resources Pharmaceutical Group on its mixed-ownership reform plan valued at RMB6.2 billion (USD873.66 million). Founding partner Yan Yu, senior partner Tan Sijun and Lv Dandan together led the Jia Yuan team. Seven strategic investors...
Boutique IP law firm Inttl Advocare has inaugurated a new office in Bengaluru, expanding its footprint to India’s southern region. Hemant Singh, founder and managing partner, said “ … is a hub for technology and innovation. It provides opportunities to...
Trilegal has advised Nuvama Asset Management and Cushman & Wakefield to establish a 50:50 joint venture entity offering a comprehensive platform for commercial real estate (CRE) investments. The joint venture, named Nuvama and Cushman & Wakefield Management Private Limited (NCW),...
Universal Legal assisted Ryan International in acquiring leasehold rights for more than 1.5 million square feet of land across Karnataka, Maharashtra and Telangana states for an undisclosed sum. Partners Neha Sehgal and Rashi Kapoor Mehta led the transaction team, which...
Renowned dispute resolution expert Jonathan Choo bids farewell to Bird & Bird after nearly eight years to open Vantage Chambers, an independent firm in Singapore. Choo served as Bird & Bird’s Singapore-based dispute resolution partner, boasting more than 20 years...
Analysis of the new Company Law

Key concepts analysis of new Company Law

By Dai Haiying, W&H Law Firm
The new Company Law was recently approved. For this article, the author carried out a thorough analysis of the law to interpret it and facilitate its smooth implementation. The analysis is based on two types of books: those published by the...
Investors may leverage differences between administrative and judicial viewpoints to remedy misleading market information Civil trials and administrative regulations have different emphases on determining the materiality of securities misrepresentations. These differences offer investors an opportunity to adopt remedy strategies that...
China’s investment overseas mining

Protecting China’s investment in overseas mining

By Mariana Zhong and Zheng Xinming, Hui Zhong Law Firm
After a decade of implementing the Belt and Road Initiative, Chinese enterprises and their foreign direct investments in the metal and mining sector reached a record high in 2023. However, China’s progressively expanding footprint in overseas mining is challenged...
Disputes arising from non-monetary debt contracts present unique challenges that require careful consideration from arbitrators. By understanding the nature of such contracts and adopting a flexible approach, the aim for arbitrators here should be preventing any performance deadlock and...
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Countdown for insurers under Foreign Investment Law

By Elsie Shi and George Yu, Jincheng Tongda & Neal
The clock is ticking as foreign-invested insurance companies need to adjust their governance frameworks by 31 December 2024 A five-year transitional period for compliance with the new unified Foreign Investment Law – requiring foreign-invested companies to adjust their organisational form...
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Balancing interests behind key PE/VC clauses

By Vincent Shen and Sun Jingqiu, Commerce & Finance Law Offices
Private equity and venture capital (PE/VC) agreements play a crucial role in corporate financing transactions. The terms and conditions contained in these agreements not only set out the rights and obligations of both parties to the deal; they also...
Challenges facing PE funds

Challenges facing PE funds in buyout investments

By Xiao Fei and Li Wen, Guantao Law Firm
China’s regulations do not restrict private equity (PE) funds from acting as controlling shareholders of companies seeking to go public. But it’s uncommon for a PE fund to promote a company’s IPO after controlling it. This may be related to...
Allen & Gledhill (A&G) has officially launched a representative office in Shanghai, marking the Singapore firm’s first overseas presence outside Southeast Asia. Yong Kai Chang, a partner at the firm who specialises in corporate M&A and capital markets with nearly...
Japanese law firm Mori Hamada & Matsumoto (MHM Group) has secured an alliance with Philippine counterpart Tayag Ngochua & Chu (TNC) to enter the local market. The alliance, which is scheduled to start in February this year, enables TNC to...
Obstacles, countermeasures to capital reduction by foreign investors, Joyce Zhang, Aurora Zhang

Obstacles, countermeasures to capital reduction by foreign investors

By Joyce Zhang and Aurora Zhang, Llinks Law Offices
Buyback clauses, as one of the exit mechanisms for investment institutions, have always been a major concern in PE/VC projects. But in recent years, with the primary market under pressure from various fronts and failing to perform as well...

Unlocking power of equity governance for listing companies

By Zhao Xun, Grandway Law Offices 
Equity governance is the key to corporate governance. According to the Company Law, except for one-person limited liability companies and wholly state-owned companies, the shareholders of other companies all participate in major decision making, choose managers and enjoy asset...
Secondary fund compliance

Secondary fund compliance and legal concerns

By Ran Lu and Pei Zhihao, Han Kun Law Offices
A secondary fund focuses on the private equity (PE) secondary market and directly or indirectly invests in existing PE investment funds or assets to earn investment returns. Unlike traditional private funds, secondary funds acquire equity in portfolio companies or fund...
Reduction rules for VCFs in the capital market, Michelle Luvideo

Reduction rules for VCFs in the capital market

By Michelle Lu, Brightstone Lawyers
Against the backdrop of stabilising the secondary market and boosting trading vitality, the way private equity (PE) funds pare their holdings has become one of the most important means to enhance the liquidity of capital markets. This article dissects the...
JSA has successfully advocated for PepsiCo India Holdings before a division bench of Delhi High Court, which overturned the revocation of its registration for potato variety FL 2027 under the Protection of Plant Varieties and Farmers Rights Act, 2001. The...
Sullivan & Cromwell (S&C) has facilitated Singapore-based Hillhouse Investment in acquiring biodiesel maker SK Eco Prime from Seoul-based Hahn & Company for an undisclosed sum. S&C partner Michael George DeSombre, based in Palo Alto, led the corporate team, with the...
Spencer West has made a significant addition to its offshore banking, finance and corporate groups in Asia with the appointment of partner Peter Vas. Vas brings a wealth of expertise in transactional matters involving the British Virgin Islands and Cayman...
Rights holder counterattack

Rights holder counterattack: Infringement after licence termination

By Frank Liu, Shanghai Pacific Legal
In recent years, many multinational companies have been facing problems in handling their IP rights because of industrial restructuring, including disputes with domestic distributors. The pattern of disputes is similar: First, for business reasons, the licence fee could not be...
Morrison & Foerster and Paul Weiss Rifkind Wharton & Garrison, together with US law firm Brownstein Hyatt Farber Schreck, are acting on Japanese homebuilder Sekisui House’s USD4.9 billion acquisition of Denver-based  industry peer MDC Holdings. Tokyo Stock Exchange-listed Sekisui, which...
Rajah & Tann bolsters its China presence with the addition of Shanghai-based international arbitration partner, Hew Kian Heong, previously the head of construction and infrastructure at Kewei Law Firm, Herbert Smith Freehills’ joint operation partner in the country. This hiring...
Hiways Law Firm expands its offshore footprint with the opening of its fifth overseas branch in Sydney and plans for an office in Houston, Texas, which is expected to be operational in the first half of 2024. The new offices...
China’s banking and insurance penalties

Standardising China’s banking and insurance penalties

By Guang Zhenming, Joint-Win Partners
The China Banking and Insurance Regulatory Commission (CBIRC) issued the Measures for the Implementation of Discretionary Powers in Imposing Administrative Penalties (Draft for Comment) in December 2023. The measures aim to standardise the CBIRC and its delegated agencies’ discretion...
Zhang Xiaoxia and Xiang Ping have joined Merits & Tree Law Offices as equity partner and compensation partner, respectively, strengthening the firm’s capabilities in real estate and infrastructure. Zhang, who will be based in the Beijing office, was previously a...
HFW welcomes partner Maurice Thompson back to the fold, bringing a team of seven from different firms to intensify its foothold in Australia, reinforcing litigation funding expertise and shoring up the shipping, energy, insurance and commodities capabilities. Thompson, who brings...
Saudi Arabia’s new regulations construction contracts

Impact of new Saudi regulations on construction contracts

By Wang Jihong and Liu Ying, Zhong Lun Law Firm
Saudi Arabia’s Civil Transactions Law (CTL) will come into force on 16 December 2023. Enacted in June 2023 by Saudi Arabia Royal Decree No. M191/1444, the CTL is a groundbreaking piece and a vital part of Saudi Vision 2030....
Chinese e-commerce giant JD.com has emerged victorious in its nearly seven-year anti-monopoly battle against Alibaba, securing a win in the initial stage. Beijing High People’s Court issued the first instance judgment at the end of last year, ruling that Alibaba’s...
Procurement compliance risk

Procurement compliance risk and system construction for SMEs

By Liang Muzhou and Lu Zhongrui, ETR Law Firm
On 23 May 2022, the China Association of Small and Medium Enterprises released a group standard for the Evaluation of Effectiveness of Compliance Management Systems for SMEs. The standard is based on the ISO37301:2021 – Compliance management systems requirements...
Billing rates survey in Indiavideo

The value vector

Law firms are going the extra mile to prove their intrinsic worth to corporate counsel, but are their billing innovations paying off? Vandana Chatlani reports Almost 4,000 companies listed on India’s stock exchanges spent USD7.54 billion on legal fees in...
The Hong Kong International Arbitration Centre (HKIAC) names Joanne Lau, a Hong Kong-based partner at Allen & Overy, as its new secretary-general, effective on 26 February 2024, after the departure of Mariel Dimsey. Dimsey, who assumed the role as HKIAC...
In a surprise move to further facilitate cross-border travel and closer communication ties, China has launched a unilateral visa-free policy for passport holders from France, Germany, Italy, the Netherlands, Spain and Malaysia for business, leisure and transit on a...
As the economy has developed and internet technologies have progressed, the way workers work has become more and more flexible, with working from home and working online becoming more and more common, shining an increasingly bright light on the...
Appleby has welcomed Damon Booth and Yan Zeng to the Hong Kong office reinforcing the firm’s commitment to delivering exceptional legal services in the region. Booth is a member of the dispute resolution practice group making a strategic move from...
The Shanghai Putuo District People’s Court recently issued 10 exemplary labour dispute cases, one of which, involving the termination of a senior executive, is worth close study by employers. Case overview In 2015, Lu (full names have not been disclosed by...
Six firms consulted on ICBC (Macau)’s issuance of MOP2 billion (USD2.48 million) in senior debenture bonds in the first such public offering after the city’s registration-based debt securities system took effect. Linklaters advised ICBC (Macau) on international law with capital...
Scores of legal luminaries helped the Singapore Corporate Counsel Association (SCCA) celebrate its 21st anniversary at the annual black-tie event on 2 November 2023 in the prestigious Raffles Hotel’s Jubilee Ballroom. The evening featured special guest Edwin Tong SC, Singapore’s...
After a lengthy, year-plus collaboration between China’s mainland judicial authorities and the Hong Kong judiciary on the detailed mechanism for implementing the Mainland Judgments in Civil and Commercial Matters (Reciprocal Enforcement) Ordinance, the Hong Kong government gazetted the Mainland...
trademark rights abuse countermeasures

Countermeasures to abuse of trademark rights

By Hu Miao, Wan Rui Law Firm
Current IP legislation and judicial practice are exerting ever greater stress on regulating trademark rights abuse. The China National Intellectual Property Administration last year added a provision prohibiting rights abuse in draft amendments to the Trademark Law (Draft for Comment),...
criminal risk avoidance entertainment social mediavideo

Avoiding criminal risk for entertainment, social media platforms

By You Tao, Xinglai Technology
Fraud, gambling and organised obscene performances are increasingly prevalent on live-streaming and one-to-one chat platforms. Moreover, game-streaming platforms are frequently reported to have issues with gambling, money laundering and other illicit activities. Analysis There is a view that police are tightening...
Lexicon

Technology neutrality

THE PAST DECADE has seen extraordinary growth in technological innovation. In relation to financial services, innovation has been driven by financial technology or fintech and has been spurred in particular by blockchain technology and by distributed ledger technology more...
KZ Kuriyan has joined as a partner in the general corporate practice at the Bengaluru office of Cyril Amarchand Mangaldas (CAM). Kuriyan focuses on M&A transactions, private equity investments, exits, joint ventures and general corporate commercial matters. He also specialises...
November - December 2024 CAMBODIA Transfer pricing regulation updated The Rules and Procedures for Income and Expense Allocation among Related Parties (prakas 574) was issued by the Ministry of Economy and Finance (MEF) on 19 September and will take effect on...
Fiduciary responsibility implications

Data dilemma

The very definition of a keeper of data has ramifications for how the relationship between users and processors in India will evolve, and in turn how laws must adapt to protect and regulate, writes Anand and Anand corporate partner...
The Thai Corporate Counsel Association (Thai-CCA), together with Gibson Dunn Singapore and Matson Driscoll & Damico (MDD) Thailand Forensic Accountants, hosted a panel discussion on intricate issues surrounding post-acquisition disputes at the Victor Club on 9 November. The event...
Wintell & Co has established a Nanning office to bolster its footprint in China’s southwest region and Southeast Asia, marking the second branch after Shenzhen and follows the firm’s merger with Gongcheng in October 2023. Heading the Nanning office is...
Hong Kong’s GEM board

Proposed reforms of Hong Kong’s GEM board

By Rosanna Chu, LC Lawyers
The Stock Exchange of Hong Kong (SEHK) began consulting the public in September 2023 on proposals to reform the board of the Growth Enterprise Market (GEM) after observing a significant decline in the number of new listings and the...
Han Kun Law Offices has bolstered its capabilities in general corporate matters and finance with the addition of new partner Bonnie Yung, a former partner at Mayer Brown. Yung was formerly a partner at Paul Hastings before joining LC lawyers,...
Property attribution disclosure

Property attribution disclosure in contractual PE funds

By Jia Yipeng and Zhuo Yiwei, Hylands Law Firm
Private equity (PE) funds come in three organisational types: corporate, partnership and contractual. Unlike the first two, contractual PE funds do not establish a company or partnership entity. Typically, they involve a fund contract signed by investors, fund managers...
Linklaters, Harneys, Allen & Overy, and Weil, Gotshal & Manges have advised on property developer China Aoyuan Group’s USD7.3 billion overseas debt restructuring, which secured court approval in Hong Kong, the Cayman Islands and the British Virgin Islands. The New...
The Singapore Chamber of Maritime Arbitration (SCMA) and the Singapore International Mediation Centre (SIMC) have established the SCMA–SIMC maritime mediators panel to fortify the city-state’s status as a premier hub for maritime and global trade dispute resolution. Thirteen practitioners from...
From artificial intelligence and de-risking from China to energy transitions and global taxation, law firms and in-house counsel had plenty to keep them busy in 2023. George W Russell looks back at an eventful year The winds of geopolitics swept...
The Supreme Court of India has set up a seven-judge bench to reconsider a ruling on unstamped or insufficiently stamped agreements. Indrajit Basu looks at the controversy surrounding the original judgment Editor's note In December 2023, the seven-judge bench unanimously delivered...
The Association of Corporate Counsel Hong Kong (ACCHK) marked its 20-year anniversary with a celebration attended by nearly 100 participants. This event drew an impressive roster of members, industry arbitrators and leading professionals. They included Justice Joseph Fok of the...
Role Head of Compliance, APEC - 17087/VTA Location Kuala Lumpur, Malaysia Job Description Our client, a Fortune Global 500 industrial corporation, is seeking an experienced, agile, mature, and highly motivated Senior Compliance Manager to join their esteemed APEC compliance team based in Malaysia. In...
K&L Gates has expanded its finance practice with the addition of two partners, Samuel Kolehmainen and Duc Nguyen, in Singapore. Sreenivasan Narayanan, managing partner of K&L Gates, said: “Sam and Duc’s arrival demonstrates the firm’s ongoing investment in its asset...
Anagram Partners has advised NSE-listed Bajaj Electricals on the demerger of its power transmission and distribution businesses, creating independent entity Bajel Projects Limited valued at INR12.6 billion (USD152 million). Originally forming part of Bajaj Electricals’ EPC segment, Bajel Projects maintained...
Dentons Link Legal represented the resolution professional, Ravindra Loonkar, for ACIL to secure approval from the National Company Law Tribunal (NCLT) for the resolution plan proposed by Ramakrishna Forgings. The plan, previously sanctioned by an 88.56% majority vote from the...
Global Law Office welcomes two partners, Ma Xiaoyu and Leo Tian, strengthening the firm’s capabilities in tax and cross-border investment and financing in Shanghai. Ma, previously at King & Wood Mallesons for nearly a decade, focuses on various tax matters,...
Shardul Amarchand Mangaldas & Co (SAM) has advised Barentz, a global life sciences and specialty performance ingredients distributor, in its acquisition of Radian Chemical Products for an undisclosed amount. Partners Roopal Kulsrestha and Neelam Pathak led the SAM transaction team,...

Does private credit need stricter regulation?

By Aditya Vikram Dua and Aniket Sawant, SNG & Partners
Private credit has become an attractive source of funding for issuers, compared to traditional sources. This is because the Reserve Bank of India (RBI) has stricter regulations and has tightened lending standards for banks and non-banking finance companies (NBFC). While...
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The unexpected GST burden on Japanese corporate guarantees

By Reena Asthana Khair and Vrinda Bagaria, Kochhar & Co.
The Goods and Services Tax (GST) was a game-changer in the financial and corporate sectors. Recent changes to the GST have significant implications for Japanese companies in India, particularly how corporate guarantees are taxed. Corporate guarantees play a crucial role...

Monetisation of renewable energy in focus

By Milind Jha and Nakul Vohra, Dentons Link Legal
Since India announced its 2070 net zero goals, decarbonisation has taken centre stage. Initiatives such as the Production-Linked Incentive tranche-I and tranche-II for high-efficiency solar module manufacturing will play a vital role in reducing the reliance on fossil fuels...
Following an extensive survey of market opinion and independent editorial research, China Business Law Journal announces the Growth Drivers in China’s legal market. Pan Xinyi reports ACCESS THE A-LIST 2023-24: GROWTH DRIVERS Due to the dual pressures of the pandemic and...
The Supreme Court held, in Batliboi Environmental Engineers Limited v Hindustan Petroleum Corporation Limited and Anr, that the arbitrator has the right to interpret terms of a contract in a reasonable manner, and such interpretation should not be grounds to...
Tilleke & Gibbins has promoted Nopparat Lalitkomon and Wongrat Ratanaprayul to the firm’s partnership, reinforcing its commitment to providing top-tier legal services in the dynamic markets of Thailand and Indonesia. Lalitkomon, an expert in data privacy and cybersecurity, will lead...
Kshama Loya has joined as a partner in Dentons Link Legal’s Mumbai office, specialising in dispute resolution. Loya is a dual qualified lawyer in India, and England and Wales. She has extensive experience in advising and representing clients in complex disputes...
Shin & Kim has launched its AI & Data Centre in response to the rapidly evolving growth in this sector and increasing corporate interest in the industry. This initiative aims to provide comprehensive consulting services, catering to clients eager to...
Devi Prasad Patel has rejoined Shardul Amarchand Mangaldas & Co (SAM) as a partner in the capital markets practice. Prior to taking up his new role, Patel served as a partner at Khaitan & Co in Delhi for almost six...
The Securities and Exchange Board of India (SEBI) has banned financial influencer Mohammad Nasiruddin Ansari from the securities market. The capital market watchdog took action against the well-known “finfluencer” for providing unregistered investment advice under the guise of investor education...
IBLJ future legal leadersvideo

Weighing the future

India's future legal leaders show what it takes to stand out to clients and industry peers. Katherine Abraham reports Access The List At a time when robust leadership potential has become imperative for success in the legal industry, India Business Law Journal is...
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Arbitrator still in place despite unilaterally adjusting fees

By Sneha Jaisingh and Zashank Mehta, Bharucha & Partners
Chennai Metro Rail Limited (CMR) awarded a public tender to M/s Transtonnelstroy Afcons (JV) (Afcons). Afcons invoked arbitration when disputes arose and a three-member tribunal was constituted. The parties agreed that each arbitrator would receive INR100,000 (USD1,200) every session. Subsequently,...
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Action needed on lack of SIDI neutrality

By Vandana Pai and Priankita Das, Bharucha & Partners
In December 2022, the Standing Committee on Finance (committee) issued a report on Anti-Competitive Practices by Big Tech Companies (report). The report highlighted issues affecting competition in digital markets and made proposals to regulate competition in the digital market,...
ADCO Law has reinforced its services with the appointment of Hanny Marpaung and Morales Sundusing to lead the capital markets and securities, and employment and industrial relations practice areas, respectively. Marpaung has a decade of experience in capital market transactions,...
Christopher & Lee Ong (CLO), a member firm of Rajah & Tann Asia in Malaysia, welcomes partners Adrian Chee, Jennifer Lee, Justin Chua, Jacyn Phuah and Adrian Yap, who will drive the corporate team to new heights. The addition of...

HR manager’s guide to data privacy officer role in India

By Shailyamanyu Singh, Anand and Anand
India’s recent introduction of the Digital Personal Data Protection Act of 2023 (DPDPA) has ushered in a new era of data protection regulations for organisations dealing with complex data. This legislation mandates that organisations classified as a “significant data fiduciary”...
Yulchon gives its dispute resolution practice a boost with the hiring of former director prosecutors Wook Jin Rha and Woo Young Choe. Rha has joined as a partner in the firm’s global white-collar crime team with nearly two decades of...
Role Paralegal/Junior Associate, Corporate - 17101/VTA Location Hong Kong, China Job Description Our client, a leading international law firm, is seeking a native Mandarin-speaking Corporate Paralegal/Junior Corporate Associate to join their busy and successful corporate team in Hong Kong. Job Requirements The ideal candidate will...
Plans to overhaul broadcasting laws have been unveiled by the Union Ministry of Information and Broadcasting, which announced proposals for the proposed Broadcasting Services (Regulation) Bill, 2023. The current legislation, the Cable Television Networks (Regulation) Act of 1995, has been...
The Union Ministry of Corporate Affairs has announced new rules under the Companies Act, 2013, impacting the issuance of share warrants and dematerialisation of securities for both public and private companies. Public companies that issued share warrants before the Companies...
India's data centre infrastructures

Only green energy will sustain data centres

By Prashanth Sabeshan, Dentons Link Legal
Data centres are dedicated secure spaces where computing and networking equipment collects, stores, processes, distributes and provides access to large amounts of data. Most companies have data centres, either onsite or use the servers of third-party providers, allowing customers...
Cross-border tax in India

Cross-border tax sole benefit still a good object

By Mukesh Butani and Pranoy Goswami, BMR Legal
Foreign Direct Investment (FDI) in India has greatly increased in the past decade, particularly after the pandemic. This has led to more cross-border transactions in which foreign investors transfer their company holdings as a planned exit strategy. Offshore reorganisations...

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Philippine aviation fuel costs

Philippine aviation braces for Hormuz-driven fuel shocks

By Vanel Andrea Beltejar and Danielle Ibojos, Gargantiel and Associates
Japan-outbound-guide-2026

Japan outbound investment guide

Japanese corporates have been actively turning to the overseas M&A market for expanding their business and enhancing capital efficiency

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