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Transfer pricing is the actual price charged in a transaction between related entities forming part of the same Multi-National Enterprises (MNEs). Since the tax rates vary from country to country, transfer pricing becomes a method to reduce the tax liability of the MNE as a whole. It involves setting up of transfer prices in such a manner that lesser profits are booked in countries with higher tax rates.

When it comes to a detailed and again rather complicated legal framework of insolvency law under the Insolvency and Bankruptcy Code, 2016,(IBC) the key point is the commencement of the Corporate Insolvency Resolution Process (CIRP). This process is intended to assist firms that are in deficit and also to aid in avoiding being caught in the financial debt trap.

The National Company Law Tribunal (NCLT) recently rejected a proposed merger between two companies, citing significant concerns over public interest. This decision underscores the NCLT’s critical role in balancing corporate ambitions with broader societal and economic implications, ensuring that business decisions do not undermine the interests of the public.

Anti-competitive agreements are a significant area of concern under Indian competition law, governed by the Competition Act, of 2002. These agreements, which have the potential to harm the competitive process and consumer welfare, are strictly regulated by the Competition Commission of India (CCI).

By applying Section 17 to arbitrations seated outside India, India shall move a step ahead in ensuring that the assets or subject matter of the dispute located in India are secured expeditiously, and no party can play any kind of dilatory tactics to render such foreign seated interim awards infructuous.

Alternative Dispute Resolution (ADR) is a technique to resolve disputes and disagreements between the parties by arriving at an amenable settlement through negotiations and discussions. It is an attempt to establish an alternative mechanism other than the traditional methods of dispute resolutions.

Legal experts say that aggrieved home buyers file a case in RERA first and then approach the RERA Appellate Tribunal and then the high court and then ultimately the Supreme Court if their dispute is not solved.

The legal maxim actus curiae neminem gravabit, which means no party should suffer due to the act of the court, is a fundamental prerequisite of a fair judicial process.