Corporate & Commercial

Ministry of Finance (Department of Economic Affairs) on April 12, 2022 vide Notification S.O. 1802(E) notified the Foreign Exchange Management (Non-debt

On February 11, 2022, MCA amended the Companies (Accounts) Amendment Rules, 2022 (Amendment), effective immediately. As per the Amendment, every company

SEBI has issued the Securities and Exchange Board of India (Alternative Investment Funds) (Second Amendment) Regulations, 2022 (Second Amendment to the

As per the earlier circulars issued on April 13, 2020 and April 29, 2021, the time frame for compliance with the

Quick reference guide enabling side-by-side comparison of local insights, including contract formation; statutory controls and implied terms; limitation of liability; payment

On January 24, 2022, SEBI amended SEBI (Alternative Investment Funds) Regulations, 2012 (AIF Regulations) to introduce Special Situation Funds (SSF) as

Pursuant to the Finance Act, 2021, the Securities Contracts (Regulation) Act, 1956 (SCRA 1956) underwent certain amendments recently. These pertain to

Deep into the first month of the new year, 2022 promises to be a dynamic year with significant growth opportunities in

Formerly, all listed companies intending to participate in any type of Scheme of Arrangement had to first obtain the approval of

While drafting and negotiating commercial or investment contracts, we often encounter the phrases 'best efforts', 'reasonable efforts' and 'commercially reasonable efforts'.

The Department of Promotion of Industry and Internal Trade (DPIIT), Government of India vide Press Note 4 of (2021 Series), dated

Quarterly newsletter analyzing the legal, regulatory and policy developments in India

Although Special Purpose Acquisition Companies (SPACs) have been active for decades, the year 2021 has been witnessing a considerable rise in

In 2019, SEBI had introduced the concept of Superior Voting Rights (SR) framework. In a move that is likely to further

Representations and warranties are used synonymously in corporate transactions and are often inter-linked in drafting and remedies as well. However, there

As per the new mechanism, upon finalization of the entitlement, only accepted quantity of shares will be debited from the demat

A Disclosure Letter (DL) is a key risk allocation tool in any M&A/PE/VC transaction. In the discussions below, we cover a

The concept of Special Purpose Acquisition Companies (SPACs) was introduced to promote innovative methods for raising capital. SPACs have existed for

SEBI tightens norms on independent directors

NTPC floats tender for 1,000 MWh of Battery Energy Storage Systems

An early-stage investor ( Investor ) often encounters situations where its prospectivetarget ( Company ) has a mixed bag of shareholders.

Quarterly newsletter analyzing the legal, regulatory and policy developments in India

As an early-stage investor, the quality of founders is one of the most important criteria for us when we invest. Usually,

Specific indemnity in a transaction context Since specific indemnity is often intended to be clear/ uncapped protection for the indemnity holder.

SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations 2021

The last year has seen increased traction in the e-pharmacy space. With Covid-19 and lockdown driven demands, e-pharmacies received increased customer

Quarterly newsletter highlighting and analyzing legal, regulatory and policy developments

Relaxations made to the definition of listed companies under Companies (Amendment) Act, 2021

The vaccination drive in India has been consistently gaining scale, providing a sense of relief to our frontline workers, elderly and

Fresh guidelines for the social media intermediaries and OTT platforms

Stemming from a global push towards ESG investments and cleaner energy sources, renewable power generation in India has emerged as an

Key takeaways from the Union Budget 2021-22 Union Budget 2021 (Budget) is a dynamic attempt at strengthening an economy that had

Annual compendium highlighting and analyzing legal, regulatory and policy developments in India in 2020.

SEBI proposes revision of existing norms for re-classification and disclosure of promoter/promoter group entities in shareholding patterns On November 23, 2020,

The National Educational Policy 2020 (Policy) has been touted as a breakthrough in the Indian education sector. The key objective of

SEBI revises regulatory framework around scheme of arrangements by listed entities

Companies (Amendment) Act, 2020 – 10 key takeaways; Third Amendment to Listing Regulations; FCRA Amendment; RBI issues FAQs on one-time loan

Quarterly newsletter highlighting and analyzing legal, regulatory and policy developments in Indian Jurisdiction

The term ’contract’ is defined under Section 2(h) of the Contract Act, 1872 (Contract Act) as an agreement enforceable by law.

Last year, in November 2019, a High- Level Committee (HLC) on Corporate Social Responsibility (CSR) was set up to review the

Last year, in November 2019, a High- Level Committee (HLC) on Corporate Social Responsibility (CSR) was set up to review the

Shareholders and investors require visibility on the day to day management of a company in which they hold economic interest. The

Earlier, in June 2020, Ministry of Micro, Small and Medium Enterprises (Ministry) had issued a composite notification introducing revised criterion for

The FEMA (Non-Debt Instrument) Rules, 2019 (NDI Rules), notified by the Central Government on October 17, 2019, were recently amended further.

The FEMA (Non-Debt Instrument) Rules, 2019 (NDI Rules), notified by the Central Government on October 17, 2019, were recently amended further.

Department of Economic Affairs (DEA) on July 23, 2020 issued an office memorandum amending Rule 144 of General Financial Rules, 2017

Ministry of Consumer Affairs, Food and Public Distribution notified the provisions of the Consumer Protection (E-Commerce) Rules, 2020 (Rules) vide notification

The Securities and Exchange Board of India (SEBI) on July 22, 2020, vide notification issued the Securities and Exchange Board of

Department of Economic Affairs (DEA) on July 23, 2020 issued an office memorandum amending Rule 144 of General Financial Rules, 2017

Quarterly newsletter highlighting and analyzing legal, regulatory and policy developments in Indian Jurisdiction

Government of India enacted Micro, Small and Medium Enterprises Development Act, 2005 (MSME Act) under which classification of micro, small and

On May 17, 2020, Ministry of Finance, Government of India (MoF) announced that Indian companies would now be allowed to list

SEBI issued a circular dated May 14, 2020 (2020 Circular) granting relaxation to listed companies from the applicability of 2017 Circular

Section 135 of Companies Act, 2013 (Act) requires companies to constitute a Corporate Social Responsibility Committee (CSR Committee) which is responsible