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Infrastructure Debt Funds (“IDFs”) were mooted in the budget speech of 2011-2012 as notified special vehicles to attract foreign funds for financing infrastructure development projects.1 Accordingly, in order to augment
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The Indian aviation industry is one of the most dynamic industries that has witnessed an exponential growth over the last two decades. The key to this growth has been the liberalization of the Indian economy that led to...
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In July 2011, the Supreme Court of India (“SC”) in “Union of India vs M/S. Krafters Engineering and Ors.”1 pronounced an important judgment pertaining to payment of interest under the Arbitration & Conciliation Act, 1996 (“Act”)
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The Indian economy is one of the fastest growing economies of the world. Fueling this growth is a favorable framework of incentives and policies, seeking investments for creation of world class infrastructure. The development of infrastructure is a...
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With the escalating cross-border transactions and improved competitive environment in India, a clause of non-compete is increasingly becoming necessary for companies executing contracts to safeguard its business interests, profitability, future prospects, and goodwill
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