Foresight Law Offices : Lawyer and Law Firm in Delhi

The Lok Sabha on Monday passed the IBC amendment Bill, reworked with inclusion of all 11 suggestions given by the Select Committee, alongside additional transparency provisions highlighted during the debate by Finance Minister Nirmala Sitharaman.

The Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 on Monday, incorporating reforms aimed at improving resolution timelines, enhancing transparency, and balancing the interests of debtors, creditors, and employees.

The rollout of the Digital Personal Data Protection Act, 2023 (DPDP Act) is expected to require businesses, particularly financial institutions, to review how they manage and retain customer data alongside existing regulatory obligations.

Geopolitical conflicts pose mounting legal and regulatory compliance challenges for India-based multinational firms that operate in foreign jurisdictions, says Varun Singh, Founder and Managing Partner, Foresight Law Offices India.

In an interaction with Finance Outlook, Varun Singh, Founder & Managing Partner, Foresight Law Offices India, explains that proper succession planning is very essential to high-net-worth families. He points out that the biggest threats to the long term wealth preservation are poor legal and governance measures rather than market variations.

The Enforcement Directorate (ED) has flagged cases in which Indians used credit cards to purchase property overseas, particularly in Dubai, raising questions about compliance with foreign exchange regulations and other regulatory norms.

Private trust helps in planned wealth transfer, avoids disputes and allows control over how and when beneficiaries receive assets

In this ‘Leading Questions’ section, Sidhant Dhingra and Kajal Gupta break down the Labour Codes 2020 with a focus on corporate compliance and employee impact. As we approach the implementation deadline, here is the essential breakdown.