Government & Regulatory
INDUSLAW's government and regulatory team advises
and represents a range of clients across sectors on a variety of matters
before different regulators and government bodies, including inter alia
the Reserve Bank of India (RBI), the Ministry of Corporate Affairs
(MCA), the Ministry of Electronics and Information Technology (MeitY),
the Department for Promotion of Industry and Internal Trade (DPIIT), the
Department of Telecommunications (DoT), the Telecom Regulatory
Authority of India (TRAI), the Competition Commission of India (CCI) and
the Securities and Exchange Board of India (SEBI).
In particular, our team advises clients on:
In particular, our team advises clients on:
- Sector-specific legal reforms and policy making
- Stakeholder representations before government and regulatory authorities on existing and proposed legislation including in relation to IT and Data Security laws, Payment and Financial Technology laws, and laws regulating the consumer internet sector generally
- Industry impact analyses across sectors
- Business restructuring due to changes in law
- Environmental and health and safety regulation across sectors
- Legal frameworks relating to public private partnerships (PPPs) and the tendering of services to the private sector
- Overall regulatory frameworks governing specific sectors including e-commerce, travel, and hospitality
- RBI regulations across different business sectors including in relation to equity investments, foreign debt financing and Indian overseas direct investment by way of debt or equity
- Obtaining business-related approvals and authorisations from regulatory bodies
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publications
Government & Regulatory
THE FINANCE ACT, 2017 - IMPLICATIONS &...
India's finance bill for the financial year 2016-2017 (the "Bill") was presented by the Finance Minister on February 1, 2017 and approved by the Lok...
Private Equity, Venture Capital and Fund InvestmentGovernment & Regulatory & Corporate & Commercial
RECENT REFORMS IN INDIA'S FOREIGN DIRECT INVESTMENT...
Earlier this month, the government of India eased restrictions on foreign direct investment ("FDI") in India with a view to promoting the 'Make in India'...
Corporate & Commercial & Government & Regulatory
INDIA: THE GIST OF GST - A...
"One Country, One Tax, One Market" were the excited claims of the architects of the Constitution (One Hundred and First) Amendment Act, 2016, passed by...
Government & Regulatory
MONDAQ AWARDS – INDUSLAW WON CONTRIBUTOR WITH...
During the Month of November 2016. The Gist Of GST - A Unified Indirect Tax Market? (India) from IndusLaw won the award for this category.*
Financial ServicesGovernment & Regulatory & Banking & Finance
DIGITAL WALLETS IN INDIA- A BRIEF ASSESSMENT...
The Reserve Bank of India ("RBI") has classified digital wallets as "Prepaid Payment Instruments" (hereinafter "PPI" or "Issuer") which refers to payment instruments that facilitate...
Government & Regulatory
GST: BACK ON TRACK FOR JULY 2017...
The Parliament passed cornerstone legislation at the beginning of April, keeping the implementation of the new GST regime on track. The Acts essentially implement the...
Government & Regulatory
THE GIST OF GST: THE CONSTITUTION (122ND...
The Constitution (122nd Amendment) Bill, 2014 (the “Billâ€Â) paving the way for the implementation of the unified goods and services tax regime (the “GSTâ€Â) has...
Financial Services & Government & Regulatory
HIGH DENOMINATION NOTES: GOVERNMENT ACTION MIRRORS INDUSLAW...
The Government of India took unprecedented action at midnight on November 8, 2016 to effectively demonetize Rs. 500 and Rs. 1,000 notes (together "High Denomination...
Corporate & Commercial & Government & Regulatory
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
On December 1, the Ministry of Corporate Affairs notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (the...
Financial ServicesGovernment & Regulatory & Banking & Finance
SPECIAL MEASURES TO INCENTIVISE ELECTRONIC PAYMENTS
The Reserve Bank of India (the “RBIâ€Â) has issued a circular to address the special circumstances that have emerged after the demonetization drive (the “Circularâ€Â).
Projects & Project FinanceGovernment & Regulatory & Energy, Infrastructure & Natural Resources
GUIDELINES ON CROSS BORDER TRADE OF ELECTRICITY
In an effort to harmonise municipal laws, rules and regulations governing the trade of electricity, the Ministry of Power (the "MoP") issued on 5 December,...
Corporate & Commercial & Government & Regulatory
UNION BUDGET 2017-2018: HIGHLIGHTS
India's Finance Minister presented the Union Budget 2017-2018 (the "Budget") before Parliament on February 1, 2017, with promises to boost rural spending and cut taxes...
Litigation & Dispute ResolutionGovernment & Regulatory & Corporate & Commercial
AWARD FOR DAMAGES DOES NOT BREACH SHARE...
Recently, the Delhi High Court (the "Court") passed a landmark judgment while deciding a petition seeking enforcement of a foreign arbitral award.
Government & RegulatoryCapital Markets & International Offerings & Banking & Finance
MASALA BONDS: ISSUING RUPEE DENOMINATED DEBT OVERSEAS
Earlier this month, the Reserve Bank of India (the 'RBI') published certain norms relating to the issuance of rupee denominated bonds (also commonly known as...
Banking & Finance & Government & Regulatory
SEBI TEMPORARILY SUSPENDS MASALA BONDS AND FLAGS...
Suggesting that the Indian corporate bond market's exposure to foreign investors may be overheating, the Securities Exchange Board of India issued a circular on 20...
Government & Regulatory
KEY HIGHLIGHTS OF THE CONSOLIDATED POLICY ON...
By way of Press Note No. 1 of 2017, the Department of Industrial Policy and Promotion (the 'DIPP') on August 28, 2017, released the consolidated...
Projects & Project FinanceGovernment & Regulatory & Banking & Finance
MASALA BONDS: ISSUING RUPEE DENOMINATED DEBT OVERSEAS
The Reserve Bank of India (the 'RBI') altered certain norms relating to the issuance of rupee denominated bonds (commonly known as 'masala' bonds) in the...
Financial Services & Government & Regulatory
MASTER DIRECTIONS ON THE ISSUANCE AND OPERATION...
For over a decade now, Indian banks and non-bank entities have been issuing prepaid payment instruments ('PPIs') after obtaining necessary approvals from the Reserve Bank...
Government & Regulatory
FOREIGN INVESTMENT REGULATIONS AMENDED: ATTEMPT TO EASE...
In an attempt to simplify, consolidate and clarify the regulations relating to foreign direct investment ('FDI') in Indian entities by foreign investors, the Reserve Bank...
Private Equity, Venture Capital and Fund InvestmentMergers & AcquisitionsGovernment & Regulatory & Corporate & Commercial
RBI REVISES REPORTING DIRECTIONS TO ALIGN WITH...
In an attempt to bring the reporting requirements relating to the Foreign Exchange Management Act, 1999 (the 'Act') in line with the recently-introduced Foreign Exchange...
Private Equity, Venture Capital and Fund InvestmentMergers & AcquisitionsGovernment & Regulatory & Corporate & Commercial
FURTHER LIBERALIZATION OF THE FDI REGIME
The Union Cabinet, on January 10, 2018, approved certain key amendments to the Consolidated FDI Policy Circular of 2017 (the 'FDI Policy'). The amendments aim...
Technology, Media & TelecommunicationsFinancial ServicesGovernment & Regulatory & Banking & Finance
RBI DIRECTIONS ON PEER TO PEER LENDING...
The Reserve Bank of India (the 'RBI') has published responses to frequently asked questions ('FAQs') regarding the Master Directions ' Non-Banking Financial Company ' Peer...
Corporate & CommercialGovernment & RegulatoryInsolvency & Restructuring & Banking & Finance
THE INSOLVENCY & BANKRUPCY CODE (AMENDMENT) ACT:...
Earlier in January, the Insolvency and Bankruptcy Code (Amendment) Act (the "Amendment Act") came into force amending the Bankruptcy and Insolvency Code, 2016 (the "Code"),...
Corporate & CommercialGovernment & Regulatory & Banking & Finance
RBI DISCONTINUES ISSUANCE OF LETTERS OF UNDERSTANDING...
In an attempt to promote investment activities and to liberalize the procedures relating to trade credits for imports, the Reserve Bank of India (the "RBI")...
Private Equity, Venture Capital and Fund InvestmentMergers & AcquisitionsGovernment & Regulatory & Corporate & Commercial
RBI NOTIFIES REGULATIONS ON CROSS BORDER MERGERS
In an attempt to clarify the position in relation to the law relating to cross-border mergers in India, the Reserve Bank of India (the 'RBI')...
Corporate & Commercial & Government & Regulatory
SEBI PARTIALLY ACCEPTS KOTAK COMMITTEE'S RECOMMENDATIONS ON...
In June 2017, the Securities and Exchange Board of India ('SEBI') constituted a committee on corporate governance under the chairmanship of Mr. Uday Kotak, to...
Corporate & Commercial & Government & Regulatory
MINIMUM FDI LIMITS FOR UNREGULATED "OTHER FINANCIAL...
The Ministry of Finance has announced minimum foreign direct investment ("FDI") limits applicable to unregulated or partially regulated investee entities under the Government approval route...
Private Equity, Venture Capital and Fund InvestmentGovernment & Regulatory & Corporate & Commercial
RBI INTRODUCES A SINGLE MASTER FORM TO...
On June 7, 2018, the Reserve Bank of India (the 'RBI') issued a circular (the 'Circular'),1 introducing a single master form (the 'SMF') to integrate...
Technology, Media & Telecommunications & Government & Regulatory
SUPREME COURT REFUSES TO STAY BAN ON...
In April this year, the Reserve Bank of India (the 'RBI') issued a notification prohibiting the use of virtual currencies, preventing
entities regulated by the...
Government & Regulatory & Anti-Bribery & Anti-Corruption
THE PREVENTION OF CORRUPTION AMENDMENT ACT 2018...
The Prevention of Corruption Act, 1988 (the 'Act') was recently amended by the Prevention of Corruption (Amendment) Act, 2018 (the 'Amendment Act'). Most of the...
Financial Services & Government & Regulatory
THE UNREGULATED DEPOSITS SCHEMES BILL, 2018
In March 2018, the Union Cabinet approved the introduction of the Banning of Unregulated Deposit Schemes Bill, 2018 (the 'Bill') and on 18 June 2018,...
Government & Regulatory
DRONE OPERATIONS LEGALISED FOR CIVIL AND COMMERCIAL...
On August 27, 2018, the Directorate General of Civil Aviation (the "DGCA"), under the Ministry of Civil Aviation (the "Aviation Ministry"), introduced regulations (the "Drone...
Private Equity, Venture Capital and Fund InvestmentGovernment & Regulatory & Corporate & Commercial
RBI CLARIFIES THE PROCESS FOR FILING THE...
The Reserve Bank of India (the "RBI"), on September 1, 2018, released a user manual (the "SMF Manual") to clearly set out the procedure for...
Litigation & Dispute ResolutionProjects & Project FinanceGovernment & Regulatory & Energy, Infrastructure & Natural Resources
THE SPECIFIC RELIEF (AMENDMENT) ACT, 2018: OVERVIEW...
The Specific Relief (Amendment) Act which came into force at the beginning of August broadly makes specific performance a general rule, rather than a limited...
Government & Regulatory
SUPREME COURT RECOGNIZES RIGHTS OF THE LGBT...
The Supreme Court of India recently struck down parts of Section 377 of the Indian Penal Code, 1860, which criminalized sexual intercourse against the order...
Government & Regulatory
DRAFT RULES FOR E - PHARMACY UNDER...
The draft amendment to the Drugs and Cosmetic Rules, 1945 (the "Draft E-pharmacy Rules") was published by the Department of Health and Family Welfare under...
Technology, Media & Telecommunications & Government & Regulatory
THE SUPREME COURT'S AADHAAR JUDGEMENT AND THE...
At the end of September, the Supreme Court of India upheld the validity of the Aadhaar Act, 2016 to the extent it related to using...
Banking & Finance & Government & Regulatory
THE NEGOTIABLE INSTRUMENTS (AMENDMENT) ACT, 2018 :...
The Negotiable Instruments (Amendment) Act, 2018 (the "Amendment") was recently passed by parliament and came into effect from September 1, 2018. It introduces substantial changes...
Technology, Media & Telecommunications & Government & Regulatory
THE AADHAAR JUDGMENT AND RECENT POLICY CHANGES:...
The recent judgement of the Supreme Court of India, upholding the validity of Aadhaar while striking out parts of the Aadhaar Act which permitted body...
Financial ServicesGovernment & Regulatory & Technology, Media & Telecommunications
RBI GUIDELINES FOR THE INTEROPERABILITY OF PREPAID...
On October 16, 2018, the RBI issued guidelines for the interoperability of know-your-customer compliant prepaid payment instruments, which were widely anticipated ever since the RBI...
Technology, Media & Telecommunications & Government & Regulatory
THE SUPREME COURT UPHOLDS TRAI'S TARIFF ORDER
The Supreme Court of India recently upheld the validity of the TRAI's Regulations and Tariff Order introduced in 2017, primarily dealing with the manner in...
Technology, Media & Telecommunications & Government & Regulatory
CENSORSHIP: THE CURRENT REGULATORY FRAMEWORK AND THE...
The media and entertainment industry has consistently grown and continues to grow at a global level, particularly with the advent of new mediums for distribution,...
International Law & Government & Regulatory
INDIA'S DRAFT SPACE LAW: OPENING UP THE...
India's space programme, spearheaded by the ISRO has achieved a number of milestones over the years, proving that space is no longer the final frontier....
Technology, Media & Telecommunications & Government & Regulatory
LOYALTY AND REWARD PROGRAMS IN INDIA: THE...
Even though loyalty and reward programs offered by marketplaces are currently operating in an unregulated environment, there is a fine line of differentiation in the...
Private Equity, Venture Capital and Fund InvestmentGovernment & Regulatory & Corporate & Commercial
New fdi restrictions introduced for e-commerce marketplace...
On December 26, 2018, the DIPP issued a press note to introduce key changes to the conditions applicable to e-commerce marketplace entities to receive FDI...
Corporate & CommercialEmployment LawTechnology, Media & TelecommunicationsGovernment & RegulatoryInsolvency & Restructuring & Banking & Finance
Key Legal Developments 2018
During 2018, our lawyers shared their thoughts on a number of major legal developments impacting the Indian economy, spanning a wide arc from data usage...
Projects & Project FinanceGovernment & Regulatory & Banking & Finance
THE RBI ISSUES A NEW EXTERNAL COMMERCIAL...
On January 16, 2019, the RBI revised the external commercial borrowing policy, essentially restructuring the regime into foreign currency and Indian Rupee debt. In particular,...
Government & RegulatoryCapital Markets & International Offerings & Private Equity, Venture Capital and Fund Investment
Review of ITP Framework in ICDR Regulations
Towards the end of last year, SEBI provided its in-principle approval to amend the regulations relating to technology start-ups raising capital on the Institutional Trading...
Technology, Media & Telecommunications & Government & Regulatory
THE DRAFT INFORMATION TECHNOLOGY INTERMEDIARIES GUIDELINES (AMENDMENT)...
Proposed amendments to the rules governing online intermediaries were published at the end of 2018, intending to curb the posting of illegal online content and...
Technology, Media & Telecommunications & Government & Regulatory
CONSULTATION PAPER ON REGULATORY FRAMEWORK FOR OVER-THE-TOP...
The Telecom Regulatory Authority of India recently released a consultation paper on the regulatory framework for over-the-top communication services, inviting comments from interested stakeholders.
Projects & Project FinanceGovernment & Regulatory & Banking & Finance
VOLUNTARY RETENTION ROUTE RELAXES SUBSCRIPTION NORMS FOR...
The Voluntary Retention Route announced by the RBI at the beginning of March gives FPIs the opportunity to subscribe for Indian corporate debt, free from...
Government & Regulatory
COMMENTS ON THE DRAFT NATIONAL E-COMMERCE POLICY
In March 2019, the Draft National e-Commerce Policy was introduced, which delved into e-commerce issues relating to encompassing data, infrastructure development, e-commerce marketplaces, regulatory issues,...
Employment Law & Government & Regulatory
KARNATAKA EXTENDS EXEMPTION FROM STANDING ORDERS
On May 25, 2019, the Government of Karnataka issued a notification to extend the exemption from the applicability of the Industrial Employment (Standing Orders) Act,...
Employment Law & Government & Regulatory
NEW ACT INTRODUCED TO REGULATE SHOPS &...
The Government of Gujarat introduced the Gujarat Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2019, which came into effect on May...
Employment Law & Government & Regulatory
GOVERNMENT REDUCES THE RATE OF EMPLOYEES STATE...
Under the Employees State Insurance Act, 1946, the contribution, at a specified rate, payable to the ESI Corporation in respect of an employee comprises both...
Employment Law & Government & Regulatory
TELANGANA GOVERNMENT INTRODUCES SEXUAL HARASSMENT ELECTRONIC BOX...
The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 stipulates that all entities with more than or equal to 10 employees...
Employment Law & Government & Regulatory
MAHARASHTRA GOVERNMENT REQUIRES REGISTRATION OF INTERNAL COMMITTEES...
The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 stipulates that all entities with more than or equal to 10 employees...
Employment Law & Government & Regulatory
UNION CABINET PASSES THE CODE ON WAGES,...
The Union Cabinet, on July 3, 2019, passed the Code on Wages, 2017, which amalgamates, simplifies and rationalizes the provisions of the Payment of Wages...
Projects & Project FinanceGovernment & Regulatory & Banking & Finance
RELAXATION ON PERMITTED END-USES UNDER THE ECB...
In continuation of its efforts to simplify the existing ECB regime in India, the RBI issued a circular on July 30, 2019, through which it...
Government & RegulatoryInsolvency & Restructuring & Corporate & Commercial
Amendments to the IBBI (Insolvency Resolution Process...
The Insolvency and Bankruptcy Board of India has notified amendments to the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and the IBBI (Liquidation...
Corporate & Commercial & Government & Regulatory
HIGHLIGHTS OF THE COMPANIES (AMENDMENT) ACT, 2019
The Ministry of Corporate Affairs has notified the Companies (Amendment) Act, 2019, considering the changes brought in by the Companies (Amendment) Ordinance, 2018, the Companies...
Employment Law & Government & Regulatory
PROPOSAL TO AMEND THE EMPLOYEES PROVIDENT FUND...
On August 23, 2019, the Ministry of Labour and Employment proposed to amend the Employees Provident Fund and Miscellaneous Provisions Act, 1952, by way of...
Employment Law & Government & Regulatory
LATEST DIRECTIONS BY THE EMPLOYEES PROVIDENT FUND...
On August 28, 2019, the EPF Department issued a notice to all Additional Central Provident Fund Commissioner (Zones) and Regional Provident Fund Commissioners (Regional Offices)...
Corporate & Commercial & Government & Regulatory
AMENDMENT TO THE SHARE CAPITAL AND DEBENTURE...
With an aim to boost the economy, the Ministry of Corporate Affairs issued a notification to amend the Companies (Share Capital and Debentures) Rules, 2014,...
Private Equity, Venture Capital and Fund InvestmentGovernment & Regulatory & Corporate & Commercial
CHANGES TO THE FDI POLICY: EXPLORING THE...
On August 28, 2019, the Union Cabinet approved the proposal for amending certain provisions of the FDI Policy, suggesting relaxation of FDI norms for various...
Government & RegulatoryCapital Markets & International Offerings & Corporate & Commercial
CHANGES TO INSIDER TRADING LAW: NEW INFORMANT...
On September 17, 2019, the Securities and Exchange Board of India notified the amendments to the insider trading regime by notifying the SEBI (Prohibition of...
Private Equity, Venture Capital and Fund InvestmentGovernment & RegulatoryCapital Markets & International Offerings & Corporate & Commercial
THE FPI REGULATIONS 2019: NEW REGIME AND...
The Securities and Exchange Board of India ('SEBI') has notified the SEBI (Foreign Portfolio Investors) Regulations, 2019 (the 'Regulations') on September 23, 2019, in supersession...
Government & Regulatory
FINTECH NEWSLETTER - MARKET UPDATES AND RECENT...
The fin-tech sector has rapidly expanded out of the back-end technology used by large financial
institutions, to cover all emerging technological innovations having a bearing...
Private Equity, Venture Capital and Fund InvestmentGovernment & RegulatoryCapital Markets & International Offerings & Corporate & Commercial
NEW FOREIGN INVESTMENT RULES AND REGULATIONS: THE...
The Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (the 'Rules'), the Foreign Exchange Management (Debt Instrument) Regulations, 2019 (the 'Debt Regulations'), and the Foreign Exchange...
Private Equity, Venture Capital and Fund InvestmentGovernment & RegulatoryCapital Markets & International Offerings & Corporate & Commercial
NON-DEBT INSTRUMENTS RULES, 2019: RATIONALIZED?
In furtherance of ease of doing business in India and in order to capture the changes which had been introduced by Press Note 4 of...
Government & RegulatoryInsolvency & Restructuring & Corporate & Commercial
AMENDMENT TO THE LIQUIDATION PROCESS: TIGHTENING OF...
On January 6, 2020, the Insolvency and Bankruptcy Board of India (the 'IBBI') notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations,...
Technology, Media & Telecommunications & Government & Regulatory
FinTech Newsletter: October 15, 2019 – January...
The fin-tech sector in India has been witnessing increased attention and growth on account of digital inclusion, technological innovations, and interest from second-time entrepreneurs like...
Corporate & Commercial & Government & Regulatory
AMENDMENT TO THE COMPANIES ARRANGEMENT RULES: A...
On February 03, 2020, the Ministry of Corporate Affairs notified Sections 230(11) and Section 230(12) of the Companies Act, 2013 along with the Companies (Compromises,...
Employment Law & Government & Regulatory
EMPLOYERS IN INDIA AND CORONAVIRUS
With coronavirus cases in India increasing, it is becoming important for employers to ensure, as part of their statutory obligations or otherwise, that the workplace...
Technology, Media & Telecommunications & Government & Regulatory
COMMENTS ON THE DRAFT FRAMEWORK FOR AUTHORISATION...
In its financial stability report dated December 27, 2019, the Reserve Bank of India (the 'RBI') proposed the New Umbrella Entity (the 'NUE') for retail...
Employment Law & Government & Regulatory
GIG ECONOMY - LEGAL DEVELOPMENTS
The law concerning gig economy has seen transformational changes in the year 2019. This article discusses the developments in the law relating to gig economy...
Employment Law & Government & Regulatory
COVID-19 | MEASURES BY THE CENTRAL GOVERNMENT...
With the WHO declaring the Coronavirus outbreak a global pandemic, and with confirmed cases in India rising daily, the Government of India and the Government...
Employment Law & Government & Regulatory
COVID-19| UPDATES - MEASURES BY VARIOUS STATE...
The delivery and administration of health care largely rests with individual states in India as health care is a state subject. In view of the...
Technology, Media & Telecommunications & Government & Regulatory
RBI GUIDELINES ON REGULATION OF PAYMENT AGGREGATORS...
The RBI has decided to comprehensively regulate the activities of payment aggregators and provide baseline technology-related recommendations to payment gateways. The substantive Guidelines come into...
Employment Law & Government & Regulatory
COVID-19-COMMUNICABLE DISEASES AND POSSIBLE CHANGES TO WORKPLACE...
While steps are being taken to address the COVID-19 situation, and hopefully, establishments and factories will return to business soon, it would be prudent that...
Employment Law & Government & Regulatory
COVID-19 PANDEMIC - WHAT EMPLOYERS MAY EXPECT...
As the world continues to make efforts to recover from the impact of COVID-19, business in India are also preparing to commence operations, soon after...
Government & Regulatory
COVID-19 - What An Employer Needs To...
As the governments may look at easing restrictions to allow further businesses to reopen, employers need to be mindful of legal and practical considerations with...
InsuranceGovernment & Regulatory & Corporate & Commercial
Infolex NewsAlert - Amendment to the Foreign...
On April 27, 2020, the Ministry of Finance notified the Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2020 (the 'Amendment') to amend the Foreign...
Technology, Media & Telecommunications & Government & Regulatory
Fintech Newsletter – January 16, 2020 to...
Despite the economic slowdown due to the COVID-19 pandemic, the Indian fin-tech sector has done exceedingly well this past quarter, with uninterrupted innovation and investments...
Employment Law & Government & Regulatory
COVID-19 | TEMPORARY REDUCTION IN EPF CONTRIBUTIONS
With a view to provide relief to employers and increase the take-home salary for employees, both employer and employee contribution rates have been reduced from...
Employment Law & Government & Regulatory
Infolex Alert : Supreme Court Order On...
The Hon’ble Supreme Court, on Friday, June 12, 2020, pronounced its order in the matter concerning the petitions filed by private companies challenging the Ministry...
Employment Law & Government & Regulatory
InfoAlert- Labour Laws Amendments - Initiatives by...
The central government as well as state governments have been, in the recent past, introducing several amendments to labor and employment statutes to ease the...
Corporate & Commercial & Government & Regulatory
Key Facets of The Consumer Protection Act,...
The Government of India recently issued notifications on July 15, 2020 and July 23, 2020 for enforcement of the Consumer Protection Act, 2019 (CPA 2019)....
Education & Government & Regulatory
InfoLex Article - New Education Policy 2020...
On July 29, 2020, the Union Cabinet approved the National Education Policy 2020 (“NEPâ€), which replaces the 34 years old National Policy of Education, 1986....
Employment Law & Government & Regulatory
Info-alert - The Industrial Disputes and Certain...
The governor of Karnataka on July 31, 2020, promulgated the Industrial Disputes and Certain Other Laws (Karnataka Amendment) Ordinance, 2020 in order to facilitate and...
Corporate & Commercial & Government & Regulatory
InfoAlert - Amendment to Non-debt Rules 2019
The Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2020[1] were introduced on July 27, 2020, which among other things, passes the baton from the...
Government & RegulatoryManufacturing & Corporate & Commercial
InfoLex Article - Product Liability Law in...
Product liability law provides the consumers with legal recourse for any injuries suffered from a defective product. It is estimated that millions of people around...
Employment Law & Government & Regulatory
InfoAlert– Government of Haryana amends the Factories...
The Government of Haryana has amended the Factories Act, 1948 in respect of its applicability to the State of Haryana vide gazette notification dated July...
Corporate & Commercial & Government & Regulatory
InfoAlert : Highlights of the Companies (Amendment)...
The finance minister of India, Smt. Nirmala Sitharaman tabled the Companies (Amendment) Bill, 2020 (the “Billâ€) before the Lok Sabha on March 17, 2020, to...
Technology, Media & Telecommunications & Government & Regulatory
InfoAlert Article - Marketplace E-commerce : Impact...
Legislative protections and immunities granted to e-commerce marketplaces over the years have significantly contributed to the continued growth and development of digital platforms for communication,...
Technology, Media & Telecommunications & Government & Regulatory
Infolex NewsAlert | RBI Framework for Authorization...
The Reserve Bank of India issued a Press Release on August 18, 2020, placing on its website a 'framework for authorization of pan-India umbrella entity...
Technology, Media & Telecommunications & Government & Regulatory
Fintech Newsletter – August 01, 2020-October 15,...
Despite the recent economic slowdown in India with the extended lock-down, the fintech industry has continued to attract investments, with Covid-19 having fast-tracked adoption of...
Private Equity, Venture Capital and Fund InvestmentGovernment & Regulatory & Corporate & Commercial
Infolex NewsAlert – FDI Policy, 2020: Does...
On October 28, 2020, the DPIIT after a gap of 3 long years, unveiled the consolidated FDI Policy, 2020. While it seeks to consolidate the...
Corporate & Commercial & Government & Regulatory
Infolex NewsAlert – Amendment to the Aircraft...
The Aircraft (Amendment) Act, 20201 (the “Amendmentâ€) was passed by the Lok Sabha on March 17, 2020, by the Rajya Sabha on September 15, 2020,...
Employment Law & Government & Regulatory
Impact on Pending Inquiries and Disputes under...
With the 4 labour codes having received the assent from the President of India, the Ministry of Labour and Employment has successfully consolidated 29 central...
Corporate & Commercial & Government & Regulatory
Infolex Newsletter: Aviation Newsletter (March 2020 -...
Between March 2020 and December 2020, the legislative space in aviation saw several changes, such as amendments to FDI in aviation, the Aircraft (Amendment) Act,...
Corporate & Commercial & Government & Regulatory
Infolex Article | Brexit: Impact on the...
In the backdrop of Britain’s departure from the European Union effective January 2021, INDUSLAW’s Avimukt Dar and Shantanu Mukul discuss the major issues...
Technology, Media & Telecommunications & Government & Regulatory
China Newsletters (October 2020 - December 2020)
INDUSLAW brings you key regulatory and legal developments in various sectors in India on a quarterly basis. INDUSLAW is a multi-specialty...
Corporate & Commercial & Government & Regulatory
InfoLex NewsAlert | Amendment to FEMA (Export...
On January 08, 2021, the RBI amended the Foreign Exchange Management (Export of Goods and Services) Regulations, 2015 with the aim to introduce certain exemptions...
Employment Law & Government & Regulatory
GOVERNMENT OF HARYANA ENACTS A NEW LAW...
On March 02, 2021, the Governor of Haryana provided his assent to the Haryana State Employment of Local Candidates Act, 2020. While the statute has...
International Practice GroupGovernment & Regulatory & Corporate & Commercial
HISTORICAL AND CONTEMPORARY REGULATORY LANDSCAPE OF HEMP...
The usage of cannabis, hemp or marijuana precedes official records, and it is one of the oldest crops thought to have been cultivated. A complex...
Technology, Media & Telecommunications & Government & Regulatory
Infolex Article: Clarification on the Guidelines on...
The RBI has made public certain clarifications with respect to the Guidelines on Regulation of Payment Aggregators and Payment Gateways. INDUSLAW’s Avimukt Dar,...
Technology, Media & Telecommunications & Government & Regulatory
Fintech Newsletter | January 01, 2021 to...
The Fintech sector in India has continued to grow despite the Covid-19 pandemic challenges and is now one of the largest fintech markets worldwide.
Government & RegulatoryInsolvency & Restructuring & Litigation & Dispute Resolution
NUANCES UNDER THE INSOLVENCY AND BANKRUPTCY CODE,...
The Insolvency and Bankruptcy Code, 2016 (“Codeâ€) seeks to consolidate the existing legal framework for debt recovery in India. The Code is an all-encompassing law...
Technology, Media & Telecommunications & Government & Regulatory
Fintech Newsletter – April 01, 2021 to...
The Indian fintech space remains one of the fastest growing sectors, with companies evolving new business models to digitise more aspects of banking and financial...
Financial ServicesGovernment & Regulatory & Technology, Media & Telecommunications
E-RUPI AND ITS BENEFITS FOR THE DIGITAL...
The Government of India has recently launched 'e-RUPI', a new digital payment solution built on the UPI system. INDUSLAW's Namita Viswanath, Shreya Suri,...
Government & Regulatory
PRODUCTION LINKED INCENTIVE SCHEME: IMPROVING INDIA'S ECOSYSTEM...
In 2014, the Government of India ("Government")had announced the 'Make in India' initiative ("Make in India") to facilitate investment, foster innovation, enhance skill development, protect...
Technology, Media & Telecommunications & Government & Regulatory
FINTECH NEWSLETTER: RECENT LEGAL DEVELOPMENTS AND MARKET...
The Indian fintech sector has continued to grow and attract investments. In line with the policy objective of consumer protection and to make digital payment...
Corporate & Commercial & Government & Regulatory
REGULATION OF DIRECT SELLING IN INDIA |...
The Ministry of Consumer Affairs, Food and Public Distribution, through the Department of Consumer Affairs, has notified the Consumer Protection (Direct Selling) Rules, 2021 on...
Technology, Media & Telecommunications & Government & Regulatory
Fintech Newsletter | October 1, 2021 to...
The Indian fintech sector provides an optimistic outlook for the upcoming year of 2022. INDUSLAW’s Avimukt Dar, Suneeth Katarki, Namita Viswanath, Shreya Suri,...
Corporate & Commercial & Government & Regulatory
Related Party Transactions: Interplay between the Companies...
The Indian regulatory regime has been constantly adapting itself to address the corporate governance issues that have arisen from misuse of related party transactions by...
Technology, Media & Telecommunications & Government & Regulatory
Fintech Newsletter | January 1, 2022 to...
With the final quarter of the financial year 2021-2022 coming to a close, we note that the Indian fintech sector has witnessed strong growth amounting...
Technology, Media & Telecommunications & Government & Regulatory
COLLECTION AND STORAGE OF AADHAAR DATA |...
Introduced with the objective of providing a cost effective means of verification and authentication of the identity of an individual, Aadhaar cards are now one...
Corporate & Commercial & Government & Regulatory
INVESTMENT PROSPECTS IN JAPANESE INDUSTRIAL TOWNSHIPS IN...
The article aims to highlight the steady expansion of the economic relations between India and Japan that has led to the development of Japanese Industrial...
Corporate & Commercial & Government & Regulatory
RBI REVAMPS RULES ON OVERSEAS INVESTMENT: THE...
On August 22, 2022, the Government of India through the Ministry of Finance and in consultation with the Reserve Bank of India (“RBIâ€) notified the...
