Articles and Updates

• Gautam Bhatikar , Neha Naik and Sanaea Laskari - 22-12-2023

“A recent judgement of the Supreme Court in the matter of Smt. M. Hemalatha Devi & Ors. Vs. B. Udayasri held that consumer disputes can only be referred to arbitration if the consumer elects to have the disputes resolved through arbitration over the legal remedies available under the Consumer Protection Act. Our team (Gautam Bhatikar, Neha Naik and Sanaea Laskari) shared their analysis of the decision passed by the Supreme Court.”

• Gautam Bhatikar , Neha Naik and Sanaea Laskari - 17-12-2023

“The Supreme Court dismissed five Review Petitions and upheld the judgment passed in Sales Tax Officer vs. Rainbow Papers Limited. Our team (Gautam Bhatikar, Neha Naik and Sanaea Laskari) shared their analysis of the decision passed by the Supreme Court and highlighted the grounds laid down by the Supreme Court for review of a judgment.”

• Neha Naik , Madhavi Doshi and Isha Patil - 06-12-2023

Phoenix Legal successfully represented the Resolution Professional of IVRCL Chengapalli Tollways Limited against IFCI Limited, in proceedings before the NCLT, Hyderabad, #NCLAT and the Supreme Court of India dealing with a vital issue of law. In an important judgment, the Supreme Court clarified the treatment of CCDs as debt or equity. Below is a link to the article where the team analyses the judgment of the Supreme Court.

• Neha Naik and Shubhodip Chakraborty - 29-11-2023

“Recently, the Indian government has raised alarms about deepfake contents, promoting discussions on adopting regulations to tackle its negative impact. Our authors Neha Naik and Shubhodip Chakraborty share their insights on the current landscape, with reference to regulations in other jurisdictions, and the way forward for India to tackle issues of AI-generated content, considering the challenges of regulating such content without stifling the creators’ rights.”

• Prabhleen Gurunay and Harsh Arora - 09-11-2023

“The Reserve Bank of India recently issued Draft Master Directions on the Treatment of Wilful Defaulters and Large Defaulters on September 21, 2023 for comments. This draft seeks to address the existing issues while capturing jurisprudence developed on the Master Circular dated July 1, 2015. Our Partner, Harsh Arora and Associate, PRABHLEEN GURUNAY from the Banking and Finance team, share their analysis on the proposed changes.”