Khaitan advises Yes Bank on term loan facility

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On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

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The President of India promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance 2018 on 6 June 2018 (Ordinance) to amend the Insolvency and Bankruptcy Code 2016 (IBC). In the short history of around one and half years since the provisions relating to corporate insolvency resolution process under IBC came into force in December 2016, the […]

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India: Hotel is operator’s taxable presence

The Authority for Advance Rulings (AAR) recently ruled that the hotel property in India operated and managed by the applicant, FRS Hotel Group (Lux) S.a.r.l. (now FRHI Hotels & Resorts S.A.R.L) (Taxpayer) is its ‘fixed place’ permanent establishment (PE) in India. Accordingly, income of the taxpayer attributable to such PE in India is taxable as […]

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Latest Briefings

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By Erin Keating In April 2016, Walker Morris considered the Law Commission’s Consultation Paper which detailed proposed amendments to the Land Registration Act 2002 (the Act). Following an extensive review with industry professionals, a draft bill seeking to implement a wide range of amendments has now been placed before Parliament. Walker Morris’ Louise Power and Erin Keating […]

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By Helen Ruelle, Laura Shirreffs Extended maternity and paternity leave provision comes into force from the start of next month and employers need to have updated handbooks, policies and contracts in time for the change. The new rights offer 26 weeks of leave to parents with no qualifying period, with six weeks paid at the employee’s usual full rate […]

New streamlined procedure for pre-application planning advice in Guernsey

By Claire Smith, Martyn Baudains Guernsey’s Development Control team has launched a new, more streamlined procedure for providing pre-application planning advice. The pre-application service, which is free of charge, provides advice and guidance prior to the submission of a planning application on all types of development such as exemptions queries, larger scale projects such as replacement dwellings and works to […]

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20 Essex Street takes Holman Fenwick commercial director for new role

20 Essex Street has hired Holman Fenwick Willan’s (HFW) commercial director James Huckle for a newly-created strategic development director post, marking a continued push towards business development at the bar. Huckle will join chambers in the New Year and work closely with co-head Duncan Matthews QC and the set’s management board to focus on growing […]

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