Insights
Foreign sanctions & Indian-Law contracts: Two landmark developments every Indian business should know
September 29, 2026The evolving sanctions landscape is creating significant legal and commercial challenges for businesses operating across borders. In this update, we examine the Delhi High Court’s ruling in Nayara Energy v. SAP India, which addresses the interplay between foreign sanctions and contractual obligations governed by Indian law, alongside the proposed Lindsey O. Graham Sanctioning Russia and Iran Act of 2026.
The analysis explores the Court’s key findings, the potential impact of the proposed US legislation, including secondary tariffs on countries importing Russian oil, and the resulting legal, compliance, and operational risks that Indian businesses must consider in an increasingly complex global trade environment.
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