CMS INDUSLAW has strengthened its Banking & Finance and Projects, Energy & Infrastructure teams by adding Partners Abir Lal Dey as an Equity Partner and Satyadarshi Kunal, both joining from Saraf & Partners to enhance its specialised practice capabilities.
The Jan Vishwas Bill 2.0, announced in the Union Budget 2025, aims to decriminalise over 100 offences and simplify business laws, enhancing the ease of doing business. Building on the 2023 Act, it removes outdated provisions while ensuring proportionate penalties. The DPIIT is revising rules to streamline compliance, promote entrepreneurship, and attract investors, reinforcing India’s commitment to a business-friendly regulatory environment.
The Supreme Court of India acknowledged Kerala government’s challenge against the Central government’s borrowing restrictions, emphasizing the impact on the state’s financial autonomy. Senior Advocate Kapil Sibal highlighted the severe consequences on Kerala’s ability to fulfill budgetary commitments and requested interim relief. This case has significant implications for India’s federal structure and fiscal autonomy.
