Sansa Law Desk

The Arbitration and Conciliation Act, 1996, as amended in 2015, 2019, and 2021, is the primary legislation governing arbitration in India. India has made substantial efforts over the last decade to develop itself as an arbitration-friendly jurisdiction, and a series of landmark Supreme Court rulings have progressively clarified and strengthened the framework. Understanding these rulings is essential for any party drafting an arbitration clause, managing an ongoing arbitration

A patent grants its holder the exclusive right to prevent others from making, using, selling, or importing an invention in India for a period of 20 years from the date of filing. The Indian Patents Act, 1970, as amended, governs the grant and enforcement of patents in India and is administered by the Office of the Controller General of Patents, Designs and Trade Marks. India is a party to the Patent Cooperation Treaty, allowing applicants to file a single international applic

The Reserve Bank of India has issued revised draft guidelines on the Liquidity Coverage Ratio for scheduled commercial banks, proposing significant changes to the run-off factors applied to different categories of deposits and funding. The LCR is one of the two key liquidity standards introduced under the Basel III framework and requires banks to hold a sufficient stock of unencumbered high-quality liquid assets to cover net cash outflows over a 30-day stress period. The prop