Hammurabi & Solomon Partners | Full Service Law Firm

The Insolvency and Bankruptcy Code (Amendment) Bill, 2021, which provides for pre-packaged insolvency resolution processes (PPIRP), has received assent and replaces the Insolvency and Bankruptcy (Amendment) Ordinance, 2021.
The bill inserts a new chapter, III-A, into the Insolvency and Bankruptcy Code, 2016, to facilitate and regulate the PPIRPs of micro, small and medium enterprises (MSME). New sections 54A to 54P provide penalties in cases of fraudulent or malicious initiation...

A new draft of the e-commerce rules was published in June 2021 and feedback is invited. The rules apply to all goods and services purchased or sold over electronic networks, including non-tangible products and services. They govern all e-commerce entities...

The issue of enforceability of an emergency arbitrator's ruling dealt with by the Supreme Court in the case of Amazon.com NV Investment Holdings LLC v. Future Retail Limited holding that the same to be enforceable in India.
In brief, the facts of the case in brief and the proceedings leading to the Supreme Court judgement are such that Amazon invested a sum of Rs. 1,431 crore via a Share Subscription Agreement in Future Coupons Private Limited (hereinafter referred to as...

With the objective of creating a uniform regulatory ecosystem in the rental housing market, the government recently approved the Model Tenancy Act, 2021 (MTA). The new law will act as a guide for states to adopt by either revising their existing tenancy...