Miscellaneous applications before the Supreme Court seeking clarification and directions arising from earlier civil appeals. The Court directed the rejoinder affidavit to be placed on record and continued interim protection, keeping the substantive reliefs sought by the petitioner alive pending final adjudication.
Finance and Banking
Legal Counsel Across the Full Financial Services Spectrum
At Foresight Law Offices, our Finance and Banking practice advises lenders, borrowers, financial institutions, regulators, and fintech companies on complex financing transactions, regulatory compliance, enforcement, and dispute resolution across the Indian financial services sector.
Services we offer
Debt Financing & Documentation
- Structuring and documenting term loans, working capital facilities, and project finance
- Security creation over movable, immovable, and intangible assets including charges, pledges, and mortgages
- Trade finance advisory on letters of credit, bank guarantees, and performance bonds
Secured Creditor Enforcement
- SARFAESI proceedings including notices, possession, and management of legal challenges
- Representation before Debt Recovery Tribunals and DRAT in recovery and enforcement matters
- Advisory on parallel insolvency and enforcement proceedings for secured creditors
Restructuring & Stressed Assets
- Debt restructuring, one-time settlements, and inter-creditor agreements
- Advisory on RBI resolution frameworks and stressed asset management
- Insolvency and resolution of NBFCs, financial service providers, and banking entities
RBI & SEBI Regulatory Compliance
- Compliance advisory for banks, NBFCs, and payment aggregators on RBI and SEBI frameworks
- Licensing requirements, prudential norms, and regulatory reporting obligations
- Responses to regulatory notices and management of supervisory actions
Fintech & Digital Finance
- Regulatory advisory on digital lending, payment systems, and account aggregation
- Compliance strategies for emerging fintech business models and cryptocurrency frameworks
- Structuring fintech operations within evolving RBI and SEBI regulatory environments
Consumer Banking Disputes
- Representation before NCDRC, state commissions, and district forums
- Defence against allegations of deficiency in service and unfair trade practices
- Advisory on managing regulatory and consumer dispute exposure for financial institutions
Area of Expertise
Key Deals & Landmark Matters in Corporate Law
M/s Tibrewala Industries Pvt. Ltd. v. Haryana Financial Corporation
Thakar Dass Bhatia v. Reserve Bank of India & Anr.
Writ petition before the Delhi High Court challenging regulatory and banking actions taken by the Reserve Bank of India. The petition raises significant questions about the legality of the impugned regulatory directions and their impact on the petitioner’s financial and legal rights.
North Eastern Development Finance Corporation Ltd. v. North East Region Finservices & Anr.
Original application before the Debts Recovery Tribunal, Guwahati for recovery of outstanding dues from the respondents. After prolonged proceedings spanning several years, the application was finally heard and disposed of, resolving the financial claims between the two regional finance entities
M/s Ofb Tech Pvt. Ltd. v. M/s Kkspun India Ltd.
Supreme Court matter arising from a contractual dispute involving six purchase orders for construction materials worth over ₹6 crore. The appellants contended that payments remained outstanding despite full supply of goods, raising questions of contractual liability and enforcement of payment obligations.
Sudhir Kumar Kad & Anr. v. CBI
Bail application before the Supreme Court on behalf of two former bank officials facing prolonged pre-trial incarceration despite a completed investigation and stalled trial proceedings. The Supreme Court granted bail, affirming that indefinite curtailment of liberty under Article 21 is impermissible in the absence of any trial date.
NU-World Industries (Pty) Ltd. vs Veira Electronics Pvt. Ltd.
Insolvency appeal before NCLAT challenging proceedings involving Veira Electronics; tribunal heard arguments, reserved orders, and permitted filing of short written submissions by the parties.
State Bank of Bikaner and Jaipur vs S. Ponnusamy & Ors.
NCDRC dismissed revision petition filed by the bank, upholding concurrent findings of deficiency in service for failing to notify the insurer of a change in the insured premises.
Eminent Officers Welfare Society vs Cent Bank Home Finance Limited
Filed securitisation application before DRT-II Delhi challenging recovery measures taken by Cent Bank Home Finance Limited; matter remains pending and was adjourned due to the presiding officer’s absence.
M/s L&T Housing Finance Ltd. vs M/s Trishul Developers
Supreme Court held that minor procedural lapses in SARFAESI Act notices do not invalidate enforcement proceedings unless the borrower demonstrates substantial prejudice from such procedural irregularities.
M/s Kkspun India Ltd. vs Ofb Tech Pvt. Ltd. & Ors.
Filed commercial suit in Delhi High Court seeking an ad-interim injunction restraining operation of demand letters issued by the defendant, raising disputed contractual obligations between the parties.
TUV SUD South Asia Pvt. Ltd. vs. Bureau of Indian Standards
TUV SUD South Asia filed proceedings before the District and Sessions Court in Delhi seeking protection against termination of a contract by the Bureau of Indian Standards. The petition sought to restrain BIS from invoking an unconditional performance bank guarantee and challenged the legality of the termination action taken under the contractual arrangement.
Sachin Murlidhar Pawar Vs Nu World Global Hong Kong Ltd. & Anr.
An appeal was filed before the National Company Law Appellate Tribunal challenging the National Company Law Tribunal’s admission of an insolvency petition under the Insolvency and Bankruptcy Code. The appeal questioned the identity and standing of the alleged operational creditor and raised issues concerning the maintainability and validity of the insolvency proceedings initiated.
Events
At the national conference on “Future Proofing India: Insurance for All by 2047”, organised by AIESKY in association with PolicyCue, Mr. Varun Singh, Founding Partner, Foresight Law Offices India, shared key insights on strengthening India’s insurance ecosystem.
The conference brought together policymakers, legal practitioners, financial institutions, and technology leaders to examine the evolving IT and payments regulatory landscape within the U.S.–India partnership. Discussions focused on digital payments regulation, data governance, and the challenges facing global payment networks,
Varun Singh spoke as an esteemed panellist on how embracing robust legal frameworks is key to achieving the ambitious goals of Viksit Bharat 2047, and how MSMEs can navigate legal complexities to thrive and contribute to a stronger economy.
The Summit brought together leaders from policy, law, technology, and global trade to discuss regulation, innovation, and globalization. Conversations spanned regulatory frameworks, digital finance, cybersecurity, arbitration, and cross-border compliance — marking a step toward India's vision for Viksit Bharat 2047.
Varun Singh moderated a panel on India's rapidly evolving arbitration landscape, with a clear push towards ADR and minimal judicial intervention. The panel reflected on India positioning itself as a global arbitration hub, with 2026 potentially marking a defining moment
Media Coverage
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.
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.
The stringent regulations from the Central Bank of India are proving instrumental in reshaping the fintech ecosystem in the country.
Motor accident compensation law in India is undergoing a quiet but decisive shift. Across Motor Accident Claims Tribunals and constitutional […]
Imagine a corporate debtor undergoing the Corporate Insolvency Resolution Process. Every rupee lying in its bank accounts becomes critical to […]
For a long time, Indian regulatory compliance was regarded as a defensive and back-office function—legal teams, compliance officers, and auditors dealt with it only after the business decisions had been made. But that time is gone forever.
The Insolvency and Bankruptcy Code Amendment Bill (“IBC Amendment Bill, 2025”) was tabled in the Lok Sabha on August 12, […]
In recent months, the shifting regulatory landscape — especially at RBI — is reshaping the risk and compliance playbook for NBFCs and their fintech partners. Among the many emerging legal challenges, one stands out as particularly acute: the tightening of Default-Loss Guarantees (DLGs) and their impact on NBFC-fintech lending models.
In India, the insolvency law is governed by the Insolvency and Bankruptcy Code, 2016. Insolvency of a company comprises of […]