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Tag: Phoenix Legal

Contingent liability and evolution of cross-border guarantees under FEMA

By Aman Avinav, Phoenix Legal

RBI 2026 guarantee rules strengthen cross-border transparency, oversight and reporting, while balancing commerce and compliance

Between code and compliance: Regulatory dilemma of 含羞草社区 IT rules

By Aman Avinav, Phoenix Legal

含羞草社区 2021 IT Rules tighten intermediary compliance, but raise constitutional concerns over speech, privacy and discretion

Deals of the Year 2025

The leading transactions and disputes, and the lawyers and law firms that guided them    

Keeping the lights on safely without overreach

By Aman Avinav, Phoenix Legal

含羞草社区 2025 nuclear energy act boosts ambition but raises due process, discretion and liability concerns

Lamp lighting ceremony shines on IPBA event with 850 attendees

Inter-Pacific Bar Association president-elect Priti Suri has formally inaugurated the 2026 conference with a traditional Indian lamp lighting ceremony

Karnataka Hate Speech Bill: Free speech and takedown risks

By Aman Avinav, Phoenix Legal

Karnataka bill targets hate crimes but risks unconstitutional censorship, vague definitions, prior restraint and takedowns

A-List: India’s most recommended lawyers

Honouring the A-List lawyers, Vanguards and Legal Icons who are irreplaceable to their clients

Eliminating revenge porn needs scalpel not scythe

By Aman Avinav, Phoenix Legal

Safeguarding revenge porn victims while regulating takedowns and protecting digital rights in India

Raising stakes by writing rules of the game

By Aman Avinav, Phoenix Legal

含羞草社区 draft online gaming rules propose a new regulatory body to govern esports and money games

Government gambles heavily on prohibiting online money gaming

By Aman Avinav, Phoenix Legal

含羞草社区 new Online Gaming Act bans all real-money games, raising constitutional and regulatory concerns

Show all cards at the CIRP table

By Aman Avinav, Phoenix Legal

IBBI mandates full disclosure of avoidance transactions in insolvency cases to ensure transparency and fairness

My personal data is not your stock

By Aman Avinav, Phoenix Legal

含羞草社区 draft data rules demand robust consent systems to ensure lawful, user-controlled personal data processing

Online gaming not all fun and games

By Aman Avinav, Phoenix Legal

Gaming platforms may soon face stricter AML compliance under PMLA provisions

Kunal Mehra boosts Phoenix Legal’s antitrust, M&A practices

Phoenix Legal adds Kunal Mehra as partner to strengthen its antitrust and M&A practice

Arbitration bill to further close procedural loopholes

By Aman Avinav, Phoenix Legal

含羞草社区 Arbitration Bill 2024 modernises arbitration law by clarifying jurisdiction, enabling emergency arbitration, and reducing court interference

IBLJ Law Firm Awards, 2025

含羞草社区 definitive legal awards celebrate and commend innovation, expertise, and excellence in the profession

Taxman’s bid to reform prosecution casts shadow over personal data

By Aman Avinav, Phoenix Legal

The Income Tax Bill, 2025, overhauls prosecution for wilful failure to file returns under clause 480, aligned with section 276CCC of the 1961 Act

DPDP rules inch forward but bring challenges

By Aman Avinav, Phoenix Legal

The Digital Data Protection Rules, 2025, tackle privacy but raise consent and security challenges

Telecom cybersecurity necessary but should not be burdensome

By Aman Avinav, Phoenix Legal

The Telecommunications (Telecom Cyber Security) Rules, 2024, under the Telecommunications Act, 2023, are now in force

New rules address Supreme Court’s burning question

By Aman Avinav, Phoenix Legal

The Ministry of Environment, Forest and Climate Change issued the Environment Protection (Manner of Holding Inquiry and Imposition of Penalty) Rules

Draining the endless swamp of tax disputes

By Aman Avinav, Phoenix Legal

Building on the 2020 success, the government has launched the Direct Tax Vivad Se Vishwas Scheme, 2024

TRAI on the trail of telecom fraudsters

By Aman Avinav, Phoenix Legal

On 20 August 2024, TRAI directed all access providers to implement measures preventing misuse of messaging services and fraud on customers

Tackling cybercrime: Greater digitisation leads to rising challenges

By Aman Avinav, Phoenix Legal

The rapid adoption of technology has led to an unprecedented rise in cybercrime

Criminal law reform may modernise, repress or both

By Aman Avinav, Phoenix Legal

RBI perhaps too cautious on ETPs

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Indian Law Firm Awards 2024

We recognise the ingenuity and achievements of the country’s top law firms

Giving all the facts is key to transparency

By Sawant Singh and Aditya Bhargava, Phoenix Legal

RBI’s draft directive for housing finance companies

By Sawant Singh and Aditya Bhargava, Phoenix Legal

A new climate for regulating financial risk

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Deals of the Year 2023

India Business Law Journal reveals 50 standout deals and disputes of 2023, and the law firms that successfully concluded them    

RBI may be learning to trust SROs

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Weighing the future

India's future legal leaders show what it takes to stand out to clients and industry peers

RBI as consumer loans watchdog or obstruction

By Sawant Singh and Aditya Bhargava, Phoenix Legal

The green scheme

India strides towards a green energy future, aiming to lead in global green hydrogen production

Regulation for stressed assets needs work

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Sumit Sinha’s team to bolster Phoenix Legal’s corporate practice

Sumit Sinha, who has joined Phoenix Legal as a partner, brings on board two colleagues, Ashima Dewan who becomes associate partner and Sukanya Bhattacharya will be a senior associate

Default loss guarantees in digital lending revisited

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Discipline not profit drives RBI reform proposals

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Devika Chadha takes on GC role at Sunsure Energy

Devika Chadha, former assistant vice president of legal at ReNew Power, has joined renewable power solutions company Sunsure Energy as general counsel

Cashing in on new green deposits framework

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Indian Law Firm Awards 2023

We recognise the ingenuity and achievements of the country’s top law firms

Securing the future of stressed assets

By Sawant Singh and Aditya Bhargava, Phoenix Legal

The A-List 2022-23

Leaders from across various sectors, have provided us with personal accounts of why they prefer to work with certain lawyers and why they consider them outstanding

New framework for ARCs perhaps a missed opportunity

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Phoenix Legal’s Vasanth Rajasekaran launches independent Trinity Chambers

Vasanth Rajasekaran, former equity partner at Phoenix Legal has established independent litigation practice Trinity Chambers, with his colleagues Saurabh Babulkar and Harshavardhan Korada

RBI perhaps too suspicious of digital lending

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Forex inflows need open doors not small windows

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Who dares wins, but not at our expense

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Indian Law Firm Awards 2022

In a celebration of hard work, ingenuity and excellence, India Business Law Journal reveals the winners of the 2022 Indian Law Firm Awards

RBI recasts framework for microfinance providers

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Regulations to implement changes to Factoring Act

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Tightened norms for financial institutions

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Regulatory landscape for debt capital markets

By Aditya Bhargava and Sristi Yadav, Phoenix Legal

Offline digital transactions are now on point

By Sawant Singh and Aditya Bhargava, Phoenix Legal

NBFCs are now subject to prompt corrective action

By Sawant Singh and Aditya Bhargava, Phoenix Legal

The A-List 2021

100 lawyers feature in the A-List. A further 71 are recognised as Legal Icons.

New internal ombudsman scheme for NBFCs

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Clarity required on framework for new securitisation

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Consolidation of debt listing regulations a questionable endeavour

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Mapping global expertise

As a wave of dealmaking showcases legal prowess around the world, India Business Law Journal reveals the top foreign law firms for India work

Microfinance framework overhaul a welcome move

By Sawant Singh, Aditya Bhargava and Sristi Yadav, Phoenix Legal

Guidelines for provisional ratings by credit rating agencies

By Sawant Singh, Sristi Yadav and Aditya Bhargava, Phoenix?Legal

Revised regulations on due diligence for listed debentures

By Sawant Singh, Aditya Bhargava and Sristi Yadav, Phoenix?Legal

Changes to directions on money markets are welcome

By Sawant Singh, Aditya Bhargava and Sristi Yadav, Phoenix?Legal

A new beginning for NCDs and commercial papers

By Sawant Singh and Aditya Bhargava, Phoenix Legal

RBI ending the party for dividends

By Sawant Singh and Aditya Bhargava, Phoenix Legal

SEBI’s awkward two-step on recent changes

By Sawant Singh and Aditya Bhargava,Phoenix Legal

Changes to account opening – Help or hindrance?

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Not so bitter medicine for covid blues

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Much needed alignment for housing finance companies

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Awkward regulatory tango over COVID-19 relief

By Sawant Singh and Aditya Bhargava, Phoenix Legal

RBI provides COVID-19 relief; others yet to catch up

By Sawant Singh and Aditya Bhargava, Phoenix Legal

A speedy resolution scheme for Yes Bank

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Draft framework for retail payment systems operators

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Revisions to framework for imposing monetary penalties

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Insolvency rules issued for financial services providers

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Tweaks to ECB directions helpful, but clarity needed

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Mandatory benchmark linking a good move

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Views on RBI’s new stressed asset resolution framework

By Sawant Singh and Aditya Bhargava, Phoenix Legal

RBI market abuse directions: A mature development

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Taking a deeper look at changes to SBO regime

By Saket Shukla and Akshay Sachthey, Phoenix Legal

Voluntary retention route: A halfway measure?

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Revised ECB regulations: Old wine in new bottle

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Jury out on partial credit enhancements for NBFCs

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Proposed FPI rule changes: A welcome development

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Vagueness in SBO rules could affect implementation

By Ritika Ganju and Tushar Thimmiah, Phoenix Legal

Issuance of repo directions welcome but barely noticed

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Bond investment guidelines a relief for foreign investors

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Skipping justice

Issuance of FAQs clarifies GST on financial services

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Foreign portfolio investors: New bond rules a surprise

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Framework harmonized for resolution of stressed assets

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Will an arbitration clause exclude a consumer forum?

By Trinath Tadakamalla and Manvi Adlakha, Phoenix Legal

Restrictions on refinancing eased for select borrowers

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Draft directions a boost for electronic trading platforms

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Corporate bond investment limits: Changes make sense

By Sawant Singh and Aditya Bhargava, Phoenix Legal

Banking ordinance: Sound step or halfway measure?

By Sawant Singh, Aditya Bhargava and Sriram Ramachandran, Phoenix Legal

Outbound mergers: A welcome step forward

By Aseem Chawla and Shruti Singh, Phoenix Legal

Wholesale and long-term finance banks proposed

By Sawant Singh and Aditya Bhargava, Phoenix Legal

CCI discusses factors that led to record high penalty

By Manjula Chawla, Ritika Ganju and Tushar Thimmiah, Phoenix Legal

Is the budget a bellwether or a Cassandra for reforms?

By Sawant Singh and Aditya Bhargava, Phoenix Legal

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RBI scrutiny tightens over NBFC ‘board observers’

By Swathi Girimaji and Theertha Aiyappa, Bharucha & Partners
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Paper reciprocity undermines foreign decrees

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By Swati Sharma and Gitika Suri, Cyril Amarchand Mangaldas
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