Corporate & Commercial

On February 10, 2023, the Master Directions on Prepaid Payment Instruments (PPI) was amended to include provisions for issuance of PPIs

On January 25, 2023, the RBI released a discussion paper on securitization of stressed assets framework leading to creation of one

On September 15, 2022, the Central Government vide notification G.S.R. 700(E) has amended the Companies (Specification of Definition Details) Rules, 2014

On September 19, 2022, SEBI came out with a framework for Social Stock Exchanges (SSEs), which can be housed within the

On August 22, the Reserve Bank of India (RBI) and the Central Government notified the Foreign Exchange Management (Overseas Investment) Regulations,

Reserve Bank of India through Circular dated July 11, 2022 (Circular) has permitted international trade settlement in Indian Rupees (INR). An

The Reserve Bank raised the Additional Factor of Authentication (AFA) limit from INR 5,000 to INR 15,000 per transaction for e-mandates

Securities and Exchange Board of India (SEBI) vide Circular dated April 28, 2022 has reduced the allotment and listing time after

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