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DAMAGES ARE NOT A SUPPLY
The Bombay High Court's INR 1,524 Crore GST Ruling in Tata Sons v. Union of India and What It Means for Indian Business By Dhanaram Ramachandran | Founder, D.R. Law Chambers | 2026 EXECUTIVE SUMMARY On 30 April 2026, the Bombay High Court delivered a landmark judgment in Tata Sons Private Limited v. Union of India, quashing a GST demand of INR 1,524 crores raised against Tata Sons on damages paid to NTT Docomo under an international arbitral award. The Court held, with cha
Dhanaram Ramachandran
May 2110 min read


THE IBC IS NOT A DEBT RECOVERY TOOL
The Supreme Court's May 2026 Ruling in Dhanlaxmi Bank v. Mohammed Javed Sultan and What It Means for Creditors and Businesses By Dhanaram Ramachandran| Founder, D.R. Law Chambers | 2026 EXECUTIVE SUMMARY On 7 May 2026, the Supreme Court of India delivered an important judgment in Dhanlaxmi Bank Limited v. Mohammed Javed Sultan & Ors. (2026 INSC 460), holding that the Insolvency and Bankruptcy Code, 2016 cannot be used as a coercive mechanism for debt recovery. The Code, th
Dhanaram Ramachandran
May 1410 min read


WHEN THE COMPANY'S DEBT BECOMES YOUR DEBT
A Director's Guide to Personal Liability Under Indian Law By Dhanaram Ramachandran| Founder, D.R. Law Chambers | 2026 EXECUTIVE SUMMARY One of the most dangerous misconceptions in Indian corporate practice is the belief that incorporating a company provides absolute protection from personal liability. It does not. Indian law contains multiple statutory provisions — under the Income Tax Act, the CGST Act, the Companies Act, the Negotiable Instruments Act, and other statutes
Dhanaram Ramachandran
May 1214 min read


LEASE vs. LEAVE AND LICENSE
By Dhanaram Ramachandran| Founder, D.R. Law Chambers | 2026 EXECUTIVE SUMMARY The distinction between a lease and a leave and license agreement is one of the most consequential — and most commonly misunderstood — questions in Indian property law. Getting it wrong has serious legal, financial, and commercial consequences. Landlords who believe they have granted a license may find they have inadvertently created a tenancy. Businesses that sign what is labelled a 'Leave and L
Dhanaram Ramachandran
May 715 min read
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