Corporate & Commercial | Jul 2020
Law & Policy update – Restrictions in bidding process for public procurement contracts
Department of Economic Affairs (DEA) on July 23, 2020 issued an office memorandum amending Rule 144 of General Financial Rules, 2017...
Technology Media & Telecommunications | Jul 2020
Law & Policy update – Regulatory framework for non-personal data proposed
A draft Personal Data Protection Bill, 2019 (Draft Privacy Bill) is presently being considered by the Indian Parliament. In September 2019,...
Taxation | Jul 2020
Judgement update – Ruling on leavy of GST @18% on Hand Sanitizers by AAR (GST), GOA
Springfields (India) Distilleries (Applicant) is a registered partnership firm manufacturing Hand Sanitizers in Goa and had approached Authority of Advance Ruling...
Restructuring & Insolvency | Jul 2020
Restructuring & Insolvency monthly update – July 2020
Vexed case of proceedings against personal guarantors. Pursuant to Notification dated November 15, 2019 of Ministry of Corporate Affairs, with effect...
Corporate & Commercial | Jul 2020
Corporate & Commercial monthly update – July 2020
Government of India enacted Micro, Small and Medium Enterprises Development Act, 2005 (MSME Act) under which classification of micro, small and...
Corporate & Commercial | Jun 2020
Law & Policy update – Direct overseas listing by Indian companies
On May 17, 2020, Ministry of Finance, Government of India (MoF) announced that Indian companies would now be allowed to list...
Dispute Resolution | Jun 2020
Dispute Resolution & Arbitration monthly update – June 2020
National Agricultural Cooperative Marketing Federation of India (NAFED), Appellant, and Alimenta S.A. (Alimenta), Respondent, a canalizing agency for Government of India,...
Competition & Antitrust | Jun 2020
Law & Policy update – Changes in combination regulations
The Competition Commission of India (CCI) issued a press release1 proposing to omit Para 5.7 from Form I, which provides for...
Corporate & Commercial | Jun 2020
Corporate & Commercial monthly update – June 2020
SEBI issued a circular dated May 14, 2020 (2020 Circular) granting relaxation to listed companies from the applicability of 2017 Circular...
Restructuring & Insolvency | Jun 2020
Restructuring & Insolvency monthly update – June 2020
As part of the Atmanirbhar Bharat Package announced in May 2020, the Finance Minister declared an exemption of all Covid-19 related...