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  • What Makes Us Different

    An in-depth understanding of how businesses work.

    Our expertise in different business verticals and our experiences in handling legal problems that concern business and commerce is well-regarded in the client and business community. We take pride in our understanding of businesses from a business and management viewpoint, financial analyses, transaction-rationale, and structuring perspectives.

    Find Out More

  • How We Handle Complications

    A comprehensive methodology for handling multiple-forum litigation.

    Our algorithm to manage and effectively represent clients in complicated litigation spanning across multiple courts and forums is detailed and is activated at the initial investigation stage itself. Such litigation requires legal, accountancy, management and technology support, which is entirely available in-house ensuring the most effective representation for the client.

    Find Out More

  • How we connect to the cutting-edge

    A comprehensive support system for startups and technology.

    We help startups and technology companies meet their starting-up and scaling-up challenges, with advisory, litigation, and investigation support. Our advisory support includes setting-up and structuring; investment support involves handholding and negotiating through various rounds; and ongoing support helps in tax, employment, litigation, and investigation issues. 

    Find Out More

  • What's our way of advising

    A 360-degree analysis of legal issues and fact scenarios for accurate advice.

    Advisory on complicated legal issues, whether arising out of changes in law or from a different factual situation that's been untested in law, requires a 360-degree analysis. We look forward to abstract questions, e.g., "What would be the implications in any law in our facts?", rather than questions that may have simple Yes or No answers. 

    Find Out More

Thought Leadership

The Rise of Preventive Law and the Fear of Future Harm

This essay examines where preventive law has overreached: in compliance frameworks divorced from the actual causes of contraventions, in the systematic reversal of the burden of proof, and most acutely, in the routine deployment of provisional attachment as a pre-adjudicatory punishment. The law designed to address the fear of harm has itself become an object of fear. Preventive law has emerged as the legislature's response to the complexity, scale, and pace of modern business activity and in jurisdictions like India, as a scaffolding for laws that lack organic social consensus.

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Core Capabilities

Legal Expertise Across Every Angle of Business and Risk

Corporate Law

Tax Law

Economic Offences

Private Client

Family Law

Litigation

Startups

Fractional General Counsel

Corporate Law

Tax Law

Economic Offences

Private Client

Family Law

Litigation

Startups

Fractional General Counsel

From Our Desk

Thinking Worth Reading

From Our Desk

Thinking Worth Reading

From Our Desk

Thinking Worth Reading

Read More From Metalegal

18

min read

Mandatory Pre-Deposit for Appeals in Indirect Tax Laws: A Barrier to Justice?

Mandatory pre-deposit has become a defining feature of indirect tax litigation, balancing revenue protection with access to appellate remedies. While the shift to a fixed statutory framework has improved procedural efficiency, it also raises concerns regarding financial barriers and effective access to justice. This insight examines the legal evolution, judicial interpretation, and practical implications of the regime.

10

min read

Legal Strategy in Startup Ecosystems: Risk Mitigation and Value Maximisation from Formation to Exit

Legal structuring across the startup lifecycle extends beyond compliance to shape valuation, governance, and investor confidence. From intellectual property protection and entity selection to funding arrangements and exit mechanisms, each stage involves critical legal considerations that determine risk allocation and long-term scalability within a regulated framework.

5

min read

Minority Exit under S. 66: The Supreme Court on Fairness, Valuation, and the Limits of Judicial Scrutiny

The Supreme Court’s ruling in Pannalal Bhansali v. Bharti Telecom Ltd. clarifies the contours of fairness under Section 66 of the Companies Act, 2013. It reinforces a market-based approach to valuation, affirms the permissibility of DLOM, and underscores judicial deference in the absence of oppression, marking a significant shift in minority exit jurisprudence.

Recent Judgments & Updates

Recent Judgments & Updates

Latest From Courts, and Policy Frameworks

Court Rulings

The Supreme Court’s ruling in Pannalal Bhansali v. Bharti Telecom Ltd. clarifies the contours of fairness under Section 66 of the Companies Act, 2013. It reinforces a market-based approach to valuation, affirms the permissibility of DLOM, and underscores judicial deference in the absence of oppression, marking a significant shift in minority exit jurisprudence.

Court Rulings

The NCLAT clarifies that accounting set-offs may constitute preferential transactions under s. 43 of the IBC where they result in the extinguishment of receivables and confer a benefit on related parties. The ruling reinforces a substance-over-form approach and underscores that even non-cash adjustments impacting the asset pool of the corporate debtor are subject to avoidance.

Court Rulings

The Supreme Court’s ruling in Union of India v. Tiger Global International II Holdings re-examines how treaty claims under the India–Mauritius DTAA are tested. By permitting a prima facie avoidance enquiry despite the presence of TRCs and treaty grandfathering, the Court signals a stronger substance-over-form approach and raises important questions on the interaction between treaty certainty, GAAR, and anti-avoidance scrutiny.

Court Rulings

The Supreme Court’s ruling in Pannalal Bhansali v. Bharti Telecom Ltd. clarifies the contours of fairness under Section 66 of the Companies Act, 2013. It reinforces a market-based approach to valuation, affirms the permissibility of DLOM, and underscores judicial deference in the absence of oppression, marking a significant shift in minority exit jurisprudence.

Court Rulings

The NCLAT clarifies that accounting set-offs may constitute preferential transactions under s. 43 of the IBC where they result in the extinguishment of receivables and confer a benefit on related parties. The ruling reinforces a substance-over-form approach and underscores that even non-cash adjustments impacting the asset pool of the corporate debtor are subject to avoidance.

Updates

The RBI has released the Draft Co-Lending Arrangements Directions, 2025, proposing a unified, market-enabling framework for regulated entities. The draft aims to streamline risk-sharing, pricing, and borrower protections across digital and traditional lending partnerships while replacing fragmented earlier guidelines. This explainer highlights key provisions, compliance expectations, and systemic implications.

Updates

The RBI has issued draft directions to regulate Non-Fund Based Credit Facilities such as guarantees, letters of credit, and partial credit enhancements. This write-up provides a detailed overview of the framework, its applicability to banks and NBFCs, the proposed exposure caps, and disclosure requirements, while highlighting the shift towards electronic guarantees and risk-based credit appraisals.

Updates

The RBI has released its draft 2025 Directions on lending against gold collateral, proposing a unified, principle-based framework for all regulated entities. These Directions aim to streamline prudential norms, standardise conduct practices, and strengthen consumer protection, while ensuring fair treatment and systemic stability in gold-backed credit markets.

Updates

The RBI has released the Draft Co-Lending Arrangements Directions, 2025, proposing a unified, market-enabling framework for regulated entities. The draft aims to streamline risk-sharing, pricing, and borrower protections across digital and traditional lending partnerships while replacing fragmented earlier guidelines. This explainer highlights key provisions, compliance expectations, and systemic implications.

Updates

The RBI has issued draft directions to regulate Non-Fund Based Credit Facilities such as guarantees, letters of credit, and partial credit enhancements. This write-up provides a detailed overview of the framework, its applicability to banks and NBFCs, the proposed exposure caps, and disclosure requirements, while highlighting the shift towards electronic guarantees and risk-based credit appraisals.

  • What Makes Us Different

    An in-depth understanding of how businesses work.

    Our expertise in different business verticals and our experiences in handling legal problems that concern business and commerce is well-regarded in the client and business community. We take pride in our understanding of businesses from a business and management viewpoint, financial analyses, transaction-rationale, and structuring perspectives.

    Find Out More

  • How We Handle Complications

    A comprehensive methodology for handling multiple-forum litigation.

    Our algorithm to manage and effectively represent clients in complicated litigation spanning across multiple courts and forums is detailed and is activated at the initial investigation stage itself. Such litigation requires legal, accountancy, management and technology support, which is entirely available in-house ensuring the most effective representation for the client.

    Find Out More

  • How we connect to the cutting-edge

    A comprehensive support system for startups and technology.

    We help startups and technology companies meet their starting-up and scaling-up challenges, with advisory, litigation, and investigation support. Our advisory support includes setting-up and structuring; investment support involves handholding and negotiating through various rounds; and ongoing support helps in tax, employment, litigation, and investigation issues. 

    Find Out More

  • What's our way of advising

    A 360-degree analysis of legal issues and fact scenarios for accurate advice.

    Advisory on complicated legal issues, whether arising out of changes in law or from a different factual situation that's been untested in law, requires a 360-degree analysis. We look forward to abstract questions, e.g., "What would be the implications in any law in our facts?", rather than questions that may have simple Yes or No answers. 

    Find Out More