Project Finance – A User’s Guide To Documentation

The project financing transactions are voluminous and complex. The documents can be broadly categorized as (a) Project documents (the documents for design, construction, operation and maintenance of a project); and (b) Financing documents (the documents for financing and securing a project). Project Documents These are the incorporation documents of the…

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A Walk Through The Gambling Laws In India

Overview The Public Gambling Act, 1867 (“Gambling Act”) is the general law governing gambling in India. However, the state legislatures, under the Constitution of India, have been entrusted with significant regulatory leeway to form state specific gambling laws. The Gambling Act is the central enactment which has been adopted by…

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Anti-Arbitration Injunction

The fruitful adventure of Anti-Suit Injunction, which has lived up a life dealing from matrimonial cases to complex commercial disputes, the litigants have been tempted to apply for such recourse also in relation to Arbitration proceedings as well. However, the principles applicable to Anti-Suit Injunction are far different from those…

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FDI route opens in big sectors

After seemingly meandering off target for a while, the Modi government has in a bid to expedite investment in the Indian market, reverted to its development focussed agenda by facilitating simpler foreign direct investment norms for 15 major areas, including focal sectors such as defence, mining, civil aviation, broadcasting and…

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Debating freedom of press and expression

The recent decision of the central government to ban NDTV India has raised concerns regarding the rights of free press in India. Mostly, people are using the ‘freedom of speech & expression’ interchangeably with the rights of a free press. But are both one and the same? The constitution of…

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Liberalisation of legal services in India

The story of India’s reversed economic fortunes since it instituted liberalization of its regulatory systems in 1991 is famous, and one that can be used to illustrate the extent to which a growth oriented policy approach can turn around the circumstances of developing countries. Amongst the industries that have grown…

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