India’s legal landscape has been reshaped with the unveiling of the Bharatiya Nyaya Sanhita, 2023, Bhartiya Nagarik Suraksha Sanhita, 2023, and the Bharatiya Sakshya Bill, 2023.

Section 7 of the Arbitration and Conciliation Act, 1996 defines an arbitration agreement as “an agreement by the parties to submit to arbitration all or certain disputes which have arisen or which may arise between them in respect of a defined legal relationship, whether contractual or not.

Interpreting the Insolvency and Bankruptcy Code 2016 and sheds light on its significance in shaping the insolvency and bankruptcy landscape in India.

The Hon’ble Finance Minister stated that the scale and frequency of transactions in the VDA market made it necessary to legislate for a special tax structure.