Legal News – SUO | Suren Uppal Offices

UNRAVELLING THE FINALITY OF ARBITRAL AWARDS: DECODING THE SUPREME COURT’S FIVE-JUDGE VERDICT IN GAYATRI BALASAMY VS. ISG NOVASOFT TECHNOLOGIES LTD.

On April 30, 2025, a five-judge Constitution Bench of the Supreme Court of India delivered a landmark judgment in Gayatri Balasamy vs. ISG Novasoft Technologies Ltd., fundamentally reshaping the contours of judicial intervention in arbitral awards under the Arbitration and Conciliation Act, 1996. In a 4:1 majority decision, authored by Chief Justice Sanjiv Khanna, the [...]

THE RISE OF PHANTOM EQUITY: STRUCTURING STARTUP ESOPS WITH LEGAL PRECISION

Introduction: Reimagining equity in the startup world The startup ecosystem thrives on innovation, not only in products and services but also in the way talent is engaged and rewarded. Equity compensation has long been a cornerstone of startup growth strategies, aligning employee interests with the long-term vision of the company. [...]

Challenges in cross border mergers and acquisitions

Mergers and acquisitions (M&A) play a crucial role in raising a company’s growth. In this article, we will explore the legal issues or challenges involved in the cross-border mergers and acquisitions. Mergers and acquisitions (M&As) are integral strategies for businesses looking to grow, diversify, or consolidate their market presence. While [...]

THE LEGAL IMPLICATIONS RELATING TO CLIMATE CHANGE IN INDIA: GLOBAL COMMITMENTS, NATIONAL LAWS, AND THE PATH FORWARD

India, as one of the world’s most populous countries and a significant emitter of greenhouse gases, faces a complex set of challenges in addressing climate change through its existing legal framework. India being a signatory to global environmental agreements, coupled with its environment laws and emerging climate and environment litigation, [...]

Indian Data Protection Law vs. GDPR: Key Differences and Implications on International Businesses

On August 11, 2023, India enacted the Digital Personal Data Protection Act, 2023 (“DPDPA”). In the context of the rapidly expanding digital economy, DPDPA holds significant relevance for numerous international businesses operating in India, depending on Indian service providers, or exploring opportunities in Indian markets. The DPDPA aims to replace [...]

GLOBAL PROCUREMENT IN THE AGE OF GEO-POLITICAL TENSIONS: NAVIGATING THE LEGAL RISKS

Introduction To say that we live in a world marked by uncertainties and marred by conflict won’t be an understatement in the slightest. In the present day and age where multiple countries are grappling with challenges like wars, civil unrest, and collapsing governments, there is not a single aspect of [...]

THE INTERPLAY BETWEEN INTELLECTUAL PROPERTY RIGHTS AND CROSS-BORDER TRADE

Introduction With the advent of globalization towards the end of the 20th century, the world has become seemingly compact, with geographical borders getting more and more blurred by the day. In the current era of widespread international trade, innovation is key in sustaining your business venture. This is exactly where [...]

THE PROS AND CONS OF ALLOWING RESOLUTION PLANS TO EXTINGUISH INTERESTS OF SECURED CREDITORS

In India, the legal framework governing insolvency and bankruptcy has undergone significant changes with the introduction of the Insolvency and Bankruptcy Code (IBC) in 2016. One of the critical aspects of this framework is the treatment of secured creditors in resolution plans. The ability of resolution plans to extinguish the [...]

Fraud reporting under the provisions of Companies Act, 2013

Introduction By bare perusal of explanation of Section 447 mentioned in the Companies Act, a broad definition of fraud is reflected which demonstrated that., (i) fraud‖ in relation to affairs of a company or any body corporate, includes any act, omission, concealment of any fact or abuse of position committed [...]

NAVIGATING RECENT CHANGES IN THE IMMIGRATION SCENARIO: WHAT LIES AHEAD?

Introduction In a constantly evolving world, one phenomenon which seems to have remained unchanged is human mobility. The world has been witnessing increased human movement, which can be attributed to multiple needs varying from person to person; mainly a better lifestyle, education, working conditions, and most importantly, a sense of [...]

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