On 5 November 2025, the Corporate and Accounting Laws (Amendment) Bill (the “Bill”) was passed by Parliament, relating to amendments to Singapore’s corporate and accounting laws as part of a regular review by the Ministry of Finance of Singapore (“MOF”) and the Accounting and Corporate Regulatory Authority of Singapore (“ACRA”), with respect to the regulatory functions of and legislation administered by ACRA. There were five (5) objectives stated, as follows:
(a) To tighten rules against the misuse of companies for unlawful purposes; (b) To safeguard shareholders’ interests; (c) To strengthen the regulatory framework for companies; (d) To reduce regulatory burden for companies; and (e) To enhance the regulatory regime for public accountants.
The first tranche of provisions under the Corporate and Accounting Laws (Amendment) Act 2025 (the “Act”) commenced on 6 May 2026.
SINGAPORE, 22 July 2026 — Duane Morris & Selvam LLP acted as the international legal counsel to Axis Capital Limited, IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited in their capacity as the book running lead managers on the recent sale of INR 10,150.00 million (approximately US$106 million) of equity shares in Kusumgar Limited in a pre-IPO and IPO in India and concurrent private placements outside India. The shares were listed on BSE and NSE on July 15, 2025.
The IPO garnered remarkable interest from investors, with a QIB subscription of 298 times, which is one of the highest ever, and an overall subscription of approximately 135 times.
SINGAPORE, 8 July 2026 — Duane Morris & Selvam LLP acted as special international legal counsel to Ambit Private Limited and ITI Capital Limited in their capacity as the book running lead managers for the ₹500 crore Qualified Institutions Placement (QIP) by Manorama Industries Limited, a leading Indian manufacturer of specialty tree-borne oils and fats derived primarily from Sal and Mango seeds.
The Duane Morris & Selvam LLP team was led by Jamie Benson, Director and Head of the U.S. Capital Markets, U.S. Venture Capital and India Practices. Faiz Jugari, an associate in the Singapore office, also advised on the QIP.
Kompetenz-Kompetenz is the universally accepted principle that empowers arbitration tribunals to decide on their own jurisdiction. However, recent decisions in the Indian Supreme Court and the Singapore High Court provide timely reminders on whether and when such jurisdictional rulings can be referred to the local supervisory court. Parties must remember the inconsistency across jurisdictions in timings its challenge to the Tribunal’s ruling on jurisdiction.
Duane Morris & Selvam LLP has contributed to the latest edition of the Global Arbitration Review: The Asia-Pacific Arbitration Review 2027.
Our featured chapter, “India v Singapore as enforcement forums: pro-enforcement rhetoric and evolving judicial practices,” provides a comprehensive and comparative analysis of how both jurisdictions handle the enforcement of arbitral awards.
While both India and Singapore publicly champion pro-arbitration and pro-enforcement frameworks, their day-to-day judicial practices reveal key practical distinctions. Singapore courts intervene narrowly, strictly prioritizing the finality of awards. Conversely, while India has historically maintained a broader supervisory role, recent legislative and judicial reforms are actively working to limit intervention and streamline enforcement.
In this insightful piece, authors Ramiro Rodriguez, Priyank Srivastava, and Ignatius Lee review landmark cases from both jurisdictions, exploring what these shifting dynamics mean for businesses when selecting an arbitral seat or enforcement forum.
About Duane Morris & Selvam LLP Duane Morris & Selvam LLP is the joint law venture between Duane Morris LLP and Selvam LLC, with its headquarters in Singapore. By way of its global platform and extensive range of legal services, the firm helps companies conduct business in and out of Asia, the United States, Latin America, the United Kingdom and beyond. In addition to the excellent skills of its lawyers, clients benefit from the cultural fluency and key relationships that the firm has developed over many years of practising law throughout the region. The firm has a presence in the key markets of Southeast Asia, including Singapore, Shanghai, Sydney, Hanoi, Ho Chi Minh, as well as an office in Myanmar. Supporting these regional offices, the firm operates a series of country desks for India, Korea, and Japan. It is regularly ranked among the region’s leading law firms by Chambers & Partners, The Legal 500 and IFLR1000.
Disclaimer: This Alert has been prepared and published for informational purposes only and is not offered, nor should be construed, as legal advice. For more information, please see the firm’s full disclaimer.
SINGAPORE, 6 May 2026 – Selvam LLC is pleased to announce its recognition in the 2026 edition of Benchmark Litigation Asia Pacific, a leading guide to the region’s top dispute resolution firms and practitioners.
SINGAPORE, March 13, 2026 – Duane Morris & Selvam LLP is pleased to announce the promotion of certain associates to senior positions within the firm’s Corporate and Dispute practice.
Escalating geopolitical tensions in the Middle East are disrupting global supply chains, maritime routes, and energy markets. The blockade over the Strait of Hormuz, and curtailed aviation routes, is having real time impact on business continuity. Companies with operations, suppliers, or contractual relationships connected to the region should act now to manage their legal and commercial exposure.
