JSA

25/08/2026

Our Partners, Siddharth Manchanda and Minhaz Lokhandwala, have authored an article for India Business Law Journal titled “Land of opportunity? Investing in India’s defence sector.”

The article examines India’s evolving defence investment landscape, including the progressive liberalisation of FDI, the role of joint ventures and technology partnerships, and the growing emphasis on indigenous design and manufacturing.

It also explores how the draft Defence Acquisition Procedure 2026 could reshape technology transfer by placing greater emphasis on Indian ownership of design documentation and source code.

Read the full article here: https://law.asia/india-defence-investment-liberalisation/

India is building one of the world’s largest defence markets, in partnership with foreign investors. The national 2026-27 budget is up 15%...

25/08/2026

Our Partners, Bir Bahadur Singh Sachar and Sidharrth Shankar, have authored the chapter “Private Equity Laws and Regulations 2026 – India” for the ICLG International Comparative Legal Guides.

The chapter provides an overview of the private equity landscape in India, examining key transaction structures, market trends and factors shaping investor sentiment. It highlights the continued flow of growth capital, minority and control investments, PIPE transactions and structured investments, alongside growing interest in clean energy and emerging sectors.

Read the full chapter here: https://iclg.com/practice-areas/private-equity-laws-and-regulations/india/

25/08/2026

JSA Newsletter | Environment_ESG | May to July 2026 Edition

This edition of the Environmental Disputes and Environment, Social and Governance (“ESG”) Regulatory Newsletter sets out the key regulatory and policy developments relating to environmental and ESG matters. It covers the relevant notifications/circulars issued by the Securities and Exchange Board of India, Ministry of Environment, Forest and Climate Change, Central Pollution Control Board, Ministry of New and Renewable Energy and Ministry of Mines during May - July 2026. It also covers some of the key judgements/orders passed by the Supreme Court of India and the National Green Tribunal during May - July 2026 in relation to ESG matters.

To read further details, please click here: https://www.jsalaw.com/newsletters-and-updates/jsa-newsletter-environment_esg-may-to-july-2026-edition/

Vishnu Sudarsan | Sugandha Somani Gopal | Vihaan Pathak

24/08/2026

Our Partners and Attorneys have contributed to the Chambers Global Practice Guide: Corporate Tax 2026 - India, which provides an overview of the legal, regulatory, and practical aspects of corporate taxation in India, along with key developments and emerging trends shaping the tax landscape.

The guide comprises two sections:

Law & Practice

Authored by Partner Kumarmanglam Vijay, Manish Mishra, and Shashank Shekhar.
Trends & Developments

Authored by Shareen Gupta and Surajkumar Shetty, Partners, along with Ruchita Modi, Principal Associate, and Harsh*ta Agrawal, Associate.

Read the guide here: https://practiceguides.chambers.com/practice-guides/corporate-tax-2026/india

24/08/2026

Our Partner, Divyam Agarwal, was featured in The Legal Podcast with Tarun Nangia for a discussion titled “India - UAE Legal Partnership.”

The discussion examines the growing India-UAE legal partnership alongside expanding trade, investment and business ties, and the need for stronger legal and dispute-resolution frameworks to support this growth.

The conversation highlights key considerations for Indian businesses operating in the UAE, including arbitration clauses, governing laws, mainland and free-zone jurisdictions, documentation and dispute resolution.

Watch the full interview here: https://www.youtube.com/watch?v=x0y9kCEJflE

A sharp conversation on UAE Investment into India, Dubai, and India...

21/08/2026

JSA advised Chiratae Ventures and Stellaris Venture Partners in connection with their investments in Haapki Moms Private Limited as part of its Series A round.

Read more: https://www.jsalaw.com/deals-matter/jsa-advises-chiratae-ventures-and-stellaris-venture-partners-on-investments-in-peeko-as-part-of-its-series-a-round/

The JSA team was led by Rashi Saraf, Partner, with support from Riya Gupta, Principal Associate; Yash Borana, Associate; and Nehal Kharyal, Associate.

21/08/2026

Our Partner, Siddharth Manchanda, has been quoted in Mint in an article titled “Mint Explainer | Why RBI's draft rules could change how fintechs offer small loans.”

The article examines the RBI’s proposed changes to loan pricing and NBFC lending, which seek to standardise pricing practices and address concerns around opaque pricing and high APRs in app-based lending.

Commenting on the proposed framework, Siddharth said, “Essentially, any facility that lets a borrower repay and then draw funds again without fresh underwriting would be revolving credit, under a broad reading.”

Read the full article here: https://www.livemint.com/industry/rbi-fintech-loan-rules-nbfc-credit-lines-interest-rates-11787196813448.html

RBI is proposing two major changes: one would standardise how lenders price loans, while the other would push NBFC lending towards term loans rather than revolving credit.

21/08/2026

Our Partner, Dheeraj Nair, Principal Associate, Avni Sharma, and Associate, Vikramaditya Singh, have authored an article for Bar & Bench titled “Summoned without cause.”

The article examines the growing practice of summoning senior executives to legal proceedings despite having no personal involvement in the matter, and its implications for corporate governance and business operations.

It highlights the need for specific legal grounds before senior executives are summoned and examines the potential reputational and commercial consequences of such practices.

Read the full article here: https://www.barandbench.com/law-firms/view-point/summoned-without-cause

Picture a complaint filed against a large company qua a dispute over a defective product, a routine telecommunications billing dispute or delay in processing a

21/08/2026

JSA advises Coöperatieve Rabobank U.A, Hong Kong Branch and Sumitomo Mitsui Banking Corporation on financing for AMPIN Energy renewable project.

Read more: https://www.jsalaw.com/deals-matter/jsa-advises-cooperatieve-rabobank-u-a-hong-kong-branch-and-sumitomo-mitsui-banking-corporation-on-financing-for-ampin-energy-renewable-project/

The JSA Finance team was led by Karan Mitroo, Partner with support from Ankita Parasar, Partner, Harshil Kakkar, Associate and Harsh Dugar, Associate.

The Diligence team comprised Vishnu Sudarsan, Partner; M. Arun Kumar, Partner, Sugandha Somani Gopal, Partner; Amoolya Khurana, Senior Associate; Asmita Maan, Senior Associate; Priyanka Barik, Senior Associate and Bhavesh Gupta, Associate.

20/08/2026

JSA advised Bharat Value Fund, on its investment in ethnic sweets brand Dharwad Big Mishra Pedha.

Read more: https://www.jsalaw.com/deals-matter/jsa-advises-bharat-value-fund-on-its-investment-in-dharwad-big-mishra-pedha/

The JSA team was led by Siddharth Mody, Partner, with support from Kushal Ramotre, Partner, Niharika Rao, Principal Associate and Gavin Pereira, Associate.

The Diligence team comprised Kushal Ramotre, Partner, Niharika Rao, Principal Associate; Gavin Pereira, Associate; Priankita Das, Associate, and Ishika Mehta, Junior Associate