Author: Alok Sinha

Written & Design by Yash Choudhary (ASC Solicitors & Advocate’s) FinTech Introduction The expression “FinTech” is an abbreviation of the words “finance” and “technology”. It represents the technologies that are promising to challenge customary banking and financial companies. According to Financial Stability Board (FSB), of the BIS, “FinTech is technologically enabled financial innovation that could…

By Yash Choudhary (ASC Solicitors & Advocate’s) Introduction The cross-border transaction in the globalised world has become a requisite element of our own economy, resulting in modification of tax system in accordance to the globalised economic norms. The domestic tax policies largely influence transaction with other countries, which has led to the appraisal of taxation…

By Yash Choudhary (ASC Solicitor’s & Advocate’s) Introduction You may inexplicably wonder at this point, what the phrase ‘lifting the veil’ is about. It refers to the situation where the judiciary has decided that separation of the personality of the company and its members is not to be maintained. “The veil of Incorporation is thus…

By Yash Choudhary (ASC Solicitors and Advocates) The Reserve Bank of India (“RBI”), through the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018, bought all the previous foreign exchange regulations governing the borrowing and lending in foreign currency or Indian rupees between persons resident in India and outside in one framework. Besides, in a press…

By Yash Choudhary. (ASC Solicitors & Advocates) As India takeover China in FDI inflows for the first time in 20 years, in 2018, India saw more than $38 billion of inbound deals compared with China’s $32. The question arise is this the time to invest in India and take the full advantages India gives with…

In an attempt to make arbitration a preferred mode of settlement of commercial disputes and making India a hub of international commercial arbitration, the President of India on 23rd October 2015 promulgated an Ordinance (“Arbitration and Conciliation (Amendment) Ordinance, 2015) amending the Arbitration and Conciliation Act, 1996. It will help and re-filter the dispute resolution…

The Global Construction Disputes Report 2018 reveals that both dispute values and the time taken to resolve disputes increased noticeably in 2017. The results demonstrate a need for better contract administration and more stout documentation is needed for employers, contractors and subcontractors to better knowledge of their contractual obligations. Dispute Causes The top three causes…