Blogs
Direct International Listing Enabled for Indian Firms via GIFT City
Indian Companies Permitted Direct Listing on International Exchanges Gift The Ministry of Finance (“MOF”), in exercise of its powers under Sections 46 (2) (aa) and
RBI Notification On Evergreening
Introduction The Reserve Bank of India (“RBI”) on December 19, 2023 released a circular (RBI/2023- 24/90) (“Circular”), addressing the practice of “evergreening”. Evergreening refers to
European Union Artificial Intelligence Act
Introduction Businesses are moving towards Artificial Intelligence (“AI”) enabled services/product delivery. This move towards AI underscores the importance of regulating the field of AI development
Draft National Deep Tech Startup Policy
Introduction On July 31, 2023, National Deep Tech Startup Policy Consortium (“NDTSP Consortium”) chaired by the Principal Scientific Adviser to the Government of India, issued
Section 56(2)(viib) Amendment’s Effects on Non- Resident Investors
Impact of Section 56(2)(viib) Amendment on Non- Resident Investors When the Finance Act, 2023 amended Section 56(2)(viib) of the Income Tax Act, 1961 to make
Impact of Digital Personal Data Protection Act, 2023 on Transaction Documents
Decoding The Impact Of Digital Personal Data Protection Act, 2023 On Transaction Documents After what seemed like an eternity, India has finally gotten its personal
Clarification on ‘Exclusive Jurisdiction’ and ‘Venue of Arbitration’ Clauses in a Contract
Delhi High Court Clarifies The Implication Of ‘exclusive Jurisdiction’ And ‘venue Of Arbitration’ Clauses In A Contract The Delhi High Court (“Delhi HC/Court”) in Reliance
An Analysis of the ‘Mediation Act, 2023’
Introduction After nearly 20 months since its initial introduction in the upper house of Parliament of India, the Mediation Act, 2023 (herein after referred to
Preference Shareholders Not Recogonised as Financial Creditors
NCLT Bench rules Preference Shareholders not recognized as Financial Creditors On August 29, 2023, the Kolkata bench of the National Company Law Tribunal (NCLT) has
