India Business Law Journal

19/09/2025

Only a few years ago, most M&A transactions in India included provisions for the seller or target entity to indemnify losses by the buyer resulting from misrepresentation or the failure to deliver on contractual warranties.

The usual practice now appears to be that parties to such transactions obtain warranty and indemnification insurance (W&I). Such cover enables buyers to recover losses resulting from breaches of representations and warranties given by the seller or the target company.

Karun Prakash of Shardul Amarchand Mangaldas & Co discusses the benefits, limitations and enhancements of warranty and indemnity insurance in Indian M&A.

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Only a few years ago, most M&A transactions in India included provisions for the seller or target entity to indemnify losses...

18/09/2025

How recruiters locate the right kind of lawyer https://law.asia/india/headhunting-lawyers/

As jobseekers, we all know that the distance between applying for jobs and landing a role can be vast and far. On the other side, posting a job advert and finding the right candidate is equally challenging.

This has evolved into an industry of its own with dedicated recruiters, known as headhunters, who are experts in finding the right talent. They are active across sectors, and some specialise in specific industries.

Specialised legal recruitment has its takers on both sides – the employer and the employee.

Featuring insights from:
Sabiana Anandraj, founder of Gurugram-based Cuerate;
Neha Sharma, founder and CEO of Avimukta;
Karan Sharma, partner at Aquis Search;
Nasrin Khalil Shaikh, co-founder and partner at Agragami Consulting;
Mumtaz Bhalla, partner at Economic Laws Practice.

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18/09/2025

Firms assist on PVP Ventures’ INR1.8bn in healthcare deals https://law.asia/pvp-ventures-healthcare-acquisitions/

Clove Legal, Verist Law and Reina Legal have advised on multiple transactions for PVP Ventures’ strategic healthcare acquisitions at a combined value of INR1.82 billion (USD20.6 million).

Verist Law advised PVP Ventures, on two strategic acquisitions in India. Sarayu Satish and Kanchi Malhotra led the Verist Law team, advising on both transactions.

BDO India acted as financial adviser, while Clove Legal counselled Optimus Oncology.

In the second transaction, Transaction Square acted as financial adviser to PVP Ventures, with BDO India and Reina Legal advising the target.

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18/09/2025

International tax regimes are based on bilateral agreements entered into by sovereign states. The templates for such treaties are those of the Organisation for Economic Co-operation and Development and the United Nations Model Conventions.

To further the interests of the international community, efforts are underway to draft a multilateral instrument addressing pressing issues in international taxation.

The UN is working to establish a Framework Convention on International Tax Co-operation, also known as the Model Tax Convention.

Mukesh Butani, Pranoy Goswami and Spandana Koona of BMR Legal discuss the UN's efforts to establish a fair, universal framework for international tax co-operation.

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International tax regimes are based on bilateral agreements entered into by sovereign states. The templates for such treaties are those...

18/09/2025

Kanchan Sinha joins JSA as retained partner in Gurugram https://law.asia/kanchan-sinha-joins-jsa/

Kanchan Sinha has joined JSA as a retained partner in the firm’s corporate practice and will be based in Gurugram.

Before joining JSA, she held senior legal roles at Sembcorp Green Infra and Acme Solar. Most recently, she served as vice president of legal (hydrogen and M&A projects) at Sembcorp Industries.

Partner Rupinder Malik said, “Kanchan brings to the table over two decades of multi-sectoral and wide-ranging experience with leading law firms and corporates. I am confident that she will add significant value to our practice and clients.”

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18/09/2025

The Reserve Bank of India has issued new rules for co-lending arrangements agreements where two or more financial institutions jointly lend money to borrowers.

These rules will apply from 1 January 2026, or earlier if a regulated entity chooses, according to the RBI’s internal policy, and aims to make co-lending clear, fair and safe for both borrowers and lenders.

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The Reserve Bank of India (RBI) has issued new rules for co-lending arrangements (CLA) agreements where two or more financial institutions...

18/09/2025

Economic Laws Practice and Saraf and Partners have advised on Gems Aromatic’s IPO valued at INR4.5 billion (USD51.27 million) on the National Stock Exchange and the Bombay Stock Echange.

Saraf and Partners acted as legal counsel to Gem Aromatics with Mathew Thomas leading the transaction team.

Economic Laws Practice advised Motilal Oswal Investment Advisors, the bookrunning lead manager.

ELP’s Geeta Dhania and Prashaant Vikram Rajput led the transaction team, with the support of Tripti Pandey, Shreeya Srungarapu, Vedaarth Uberoi, Devika Radha and Shefali Jain.

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Economic Laws Practice (ELP) and Saraf and Partners have advised on Gems Aromatic’s IPO valued at INR4.5 billion (USD51.27 million)...

17/09/2025

Judicial perspective of covenants in Indian work contracts
https://law.asia/employment-bonds-india/

In this video, Anirudh Mukherjee of Kochhar & Co. explains Indian courts’ approach to employment bonds and post-employment restrictions in employment contracts.

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17/09/2025

Companies in India have often relied on employment bonds and post-employment restrictive agreements to safeguard their sensitive data, strategic relations and market positions. Although employment bonds have withstood legal challenges, albeit with considerable scrutiny, post-employment restrictions face far stricter judicial tests. Because employment practices continually change, courts have recently decided a number of cases that affect the enforceability of employment-related restrictions during and after a term of employment.

Anirudh Mukherjee and Narinder Kaul of Kochhar & Co. discuss how Indian courts treat employment bonds and post-employment restrictions in employment contracts.

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Companies in India have often relied on employment bonds and post-employment restrictive agreements to safeguard their sensitive data...

16/09/2025

ELP, Saraf assist on Gems Aromatic’s INR4.5bn IPO in India https://law.asia/gems-aromatic-ipo-elp-saraf/

Economic Laws Practice and Saraf and Partners have advised on Gems Aromatic’s IPO valued at INR4.5 billion (USD51.27 million) on the National Stock Exchange and the Bombay Stock Echange.

Saraf and Partners acted as legal counsel to Gem Aromatics with Mathew Thomas leading the transaction team.

Economic Laws Practice advised Motilal Oswal Investment Advisors, the bookrunning lead manager.

ELP’s Geeta Dhania and Prashaant Vikram Rajput led the transaction team, with the support of Tripti Pandey, Shreeya Srungarapu, Vedaarth Uberoi, Devika Radha and Shefali Jain.

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16/09/2025

Pay to play a GIFT to innovation https://law.asia/ifsca-platform-play-model/

In this video, Mita Sood of Bharucha & Partners discusses the IFSCA’s approval of the platform play model at GIFT IFSC, which allows external fund managers to operate remotely while ensuring innovation, oversight, and efficiency.

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16/09/2025

India and the Eurasian Economic Union (EAEU), comprising Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, and the Russian Federation, have entered into a binding framework to initiate negotiations on a free-trade agreement.

The terms of reference were signed in Moscow by India’s additional secretary of the Department of Commerce, Ajay Bhadoo, and the deputy director of the Trade Policy Department at the Eurasian Economic Commission (EEC), Mikhail Cherekaev.

Bhadoo also met Andrei Slepnev, the minister in charge of trade at the EEC, and heads of various negotiation groups, to review the ex*****on of the agreement and the next steps required to launch negotiations.

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India and the Eurasian Economic Union (EAEU), comprising Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, and the Russian Federation...