Blogs
Amendment to the Legal Framework on Social Stock Exchange
Recently, Securities and Exchange Board of India (“SEBI”), in exercise of its powers under Section 11(1) of the Securities and Exchange Board of India Act,
Investigations in Public Interests and Ownership Under Companies Act
Background Recently, the Ministry of Corporate Affairs (“MCA”) launched an investigation into the affairs of Hero MotoCorp Limited under Section 210(1)(c) read with Section 216
Governing The Startups: Towards A More Sustainable Growth
The Current Picture India has the third largest startup-ecosystem in the world with more than 100 unicorns till 2023. The funding environment for early stage
Preventing Fraud in the Indian Startup Ecosystem
How The Indian Startup Ecosystem Can Take Proactive Steps To Prevent Siphoning of fund & Fraud? In recent years, the Indian startup ecosystem has seen
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
