Have you considered the critical importance of comprehending laws related to venture capital investments, startups, entrepreneurs and investors in India, a country that stands as the third-largest startup ecosystem globally, with over 50,000 startups as of 2020?[1] The Indian venture capital landscape is governed by a complex set of laws and regulations, framed and enforced …
DID YOU KNOW? The Ministry of Home Affairs (“MHA”), in exercise of its powers under section 79(3)(b) of the Information Technology Act 2000 (“IT Act”), has designated the Indian Cyber Crime Coordination Centre (“I4C”), to be the agency of MHA, to perform the function of notifying intermediaries regarding the instances of information, data or communication …
In a significant move aimed towards ease of doing business in India, the Ministry of Corporate Affairs has issued two notifications on March 7, 2024 by way of which it has increased: (i) the jurisdictional thresholds under the Competition Act, 2002 (“Act”) (which determine the notifiability of a transaction to the Competition Commission of India …
Revised thresholds for notifying ‘Combinations’ with the CCI Read More »
In a recent judgment delivered on March 15, 2024, in the matter of Susela Padmavathy Amma. vs. M/S Bharti Airtel Ltd.,(2024 INSC 206), the Hon’ble Supreme Court (the “Court”), while quashing a criminal complaint filed against one of the directors of a company in connection with the offence punishable under Section 138 read with Section …
Supreme Court Clarifies Director’s Liability under NI Act Read More »
Introduction: In the realm of dispute resolution, arbitration offers a streamlined alternative to court litigation and has emerged as a preferred mode of resolving commercial disputes globally as well as in India. In India, the Arbitration and Conciliation Act, 1996 (“Arbitration Act”), regulates the laws in relation to arbitration proceedings. Through the passage of time, …
Recent Court Rulings: Arbitration Appointment Limits in India Read More »
In the event that violations are committed by companies under the provisions of the Companies Act, 2013 (“Act”), in addition to the concerned company, proceedings can also be initiated against the “officer in default” under various provisions of the Act. The term “officer in default” is defined under the Act to include whole-time directors (“WTD”), …
What laws may restrict or regulate certain mergers and acquisitions in India, if any? This question marks the commencement of an exploration into the mergers and acquisitions laws and regulations within India. The Indian legal landscape governing mergers and acquisitions (M&A) is complex and comprises various legislative acts, regulatory bodies and judicial precedents. These laws …
Mergers and Acquisitions Laws & Regulations in India Read More »
In the landmark ruling by the division bench comprising Justices G. S. Sandhawalia and Harpreet Kaur Jeewan delivered a verdict declaring the Haryana State Employment of Local Candidates Act, 2020, as unconstitutional, asserting that it infringed upon the fundamental rights outlined in Part III of the Constitution. This landmark judgement of Punjab & Haryana High …
Have you or your contacts experienced HR and statutory compliance problems in the past 3 months? Every organization operates under rules and regulations by various local, state and central authorities. The HR statutory compliance checklist is essential to ensure the organisation doesn’t face any legal complications. HR statutory compliance signifies the adherence to legal standards …
In the global arena of financial technology, India’s Digital Public Infrastructure (DPI) has firmly established itself as a bastion of innovation and efficiency, particularly in the context of Fintech Law in India. This was exemplified with profound impact at the G20 Summit held in New Delhi in September 2023. The DPI, especially the Unified Payments …
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