Shreya Suri

Delhi

shreya.suri@induslaw.com

    India (Advocate)

    B.B.A LL.B (Law) Symbiosis Law School, Pune, 2013

    Shreya is a Partner with the Delhi office of INDUSLAW and specializes in Information Technology and Data Security Laws, Laws relating to Payments & Financial Technology, Telecom Laws and Corporate & Commercial Advisory.

    She has extensive experience in advising domestic and international clients engaged in e-commerce, technology, hospitality, health, financial services, and manufacturing sectors including in relation to business and product structuring, data privacy and security governance frameworks, digital platform terms and policies and internal company policies, strategic and non-strategic commercial agreements, consumer protection and soft intellectual property matters.

    In the telecom space, she regularly advises clients on structuring and compliance with respect to SMS and voice products under applicable telecommunication and data protection laws.

    Shreya also has substantial expertise advising on regulatory risk and compliance frameworks for existing and proposed product offerings. She frequently interacts with different regulators on policy issues in the e-commerce and technology sectors (including financial technology). She additionally provides regulatory support on obtaining licenses, authorisations and registrations in this space.

    Her past work experience also includes being associated with practicing advocates in the High courts and the Supreme Court as well as an associateship with a magic circle law firm, Clifford Chance where she worked with clients and law firms in multiple jurisdictions including Singapore, the U.K. and the U.A.E.

    publications

    FINANCE BILL MERGES QUASI JUDICIAL BODIES

    FINANCE BILL MERGES QUASI JUDICIAL BODIES

    The Lok Sabha on March 22, 2017, passed the Finance Bill, 2017 (the "Finance Bill"), introducing several key amendments to different laws relating to issues...
    COMBINATIONS UNDER COMPETITION LAW: DE-MINIMIS EXEMPTIONS
    Competition Law

    COMBINATIONS UNDER COMPETITION LAW: DE-MINIMIS EXEMPTIONS

    The Ministry of Corporate Affairs (the "MCA") has clarified the scope of the de-minimis exemptions, which exempt certain enterprises from the applicability of section 5...
    ABUSE OF DOMINANT POSITION: INQUIRY ORDERED AGAINST ROCHE
    Competition Law

    ABUSE OF DOMINANT POSITION: INQUIRY ORDERED AGAINST...

    The Competition Commission of India (the "CCI"), in the matter of Biocon Limited ("Biocon"), Mylan Pharmaceuticals ("Mylan"), F. Hoffman La-Roche AG, Genetech Inc and Roche...
    CCI PENALIZES HYUNDAI FOR CURBING DEALER DISCOUNTS
    Competition Law

    CCI PENALIZES HYUNDAI FOR CURBING DEALER DISCOUNTS

    The Competition Commission of India (the 'CCI'), through its order dated June 14, 2017, has imposed a penalty of INR 870 million (Indian Rupees Eighty-Seven...
    COMPETITION COMMISSION'S PERSPECTIVE ON LIFTING THE CORPORATE VEIL WHEN DETERMINING BIDS FROM SISTER CONCERNS
    Competition Law

    COMPETITION COMMISSION'S PERSPECTIVE ON LIFTING THE CORPORATE...

    In a recent order dated October 5, 2017 (the 'Order'), the Competition Commission of India (the 'CCI') found Grasim Industries Limited ('GIL'), Aditya Birla Chemicals...
    THE BUSINESS OF SPORTS REGULATION: CCI GOES HEAD-TO-HEAD WITH THE BCCI
    Competition Law

    THE BUSINESS OF SPORTS REGULATION: CCI GOES...

    In an order dated November 29, 2017 (the 'Order'), the Competition Commission of India (the 'Commission') found the Board of Control for Cricket (the 'BCCI')...
    WALMART'S ACQUISITION OF FLIPKART: THE  ELEPHANT IN THE ROOM
    Competition Law

    WALMART'S ACQUISITION OF FLIPKART: THE ELEPHANT IN...

    The Competition Commission of India (the 'Commission') finally announced its much-awaited verdict earlier this week, approving Walmart's USD 16 billion acquisition of Indian e-commerce major,...
    ULTRATECH: CEMENTING ITS WAY TO THE TOP
    Competition Law

    Ultratech: Cementing Its Way To The Top

    On August 21, 2018, the Competition Commission of India (the "Commission") approved the acquisition of Century Textiles and Industries Limited ("Century") by UltraTech Cement Limited...
    NCLAT SETS ASIDE COMPETITION COMMISSION'S FINE FOR ANTI-COMPETITIVE PRACTICES
    Competition Law

    NCLAT SETS ASIDE COMPETITION COMMISSION'S FINE FOR...

    The National Company Law Appellate Tribunal recently set aside the Competition Commission of India's earlier order which had held Hyundai Motor India Limited liable for...
    PRICE PARALLELISM IN AN OLIGOPSONY DOES NOT AMOUNT TO A CONCERTED PRACTICE
    Competition Law

    Price parallelism in an oligopsony does not...

    The Supreme Court of India, in its recent order, has set aside the orders passed by the Competition Commission of India and the former Competition...
    THE COMPETITION COMMISSION WEIGHS IN ON ALGORITHMS IN THE CAB INDUSTRY
    Competition Law

    THE COMPETITION COMMISSION WEIGHS IN ON ALGORITHMS...

    The Competition Commission of India recently rejected allegations of antitrust law violations against the cab aggregators, Ola and Uber, relating to price fixing, resale price...
    CENTRAL VIGILANCE COMMISSION: THE COMPETITION COMMISSION'S NEW ALLY?
    Competition Law

    CENTRAL VIGILANCE COMMISSION: THE COMPETITION COMMISSION'S NEW...

    The Competition Commission of India recently looked into an alleged cartelization by sister concerns in a tender floated by a state owned enterprise, after receiving...
    FINTECH NEWSLETTER - MARKET UPDATES AND RECENT LEGAL DEVELOPMENTS IN INDIA
    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...
    INFOLEX FINTECH NEWSLETTER - JUNE 1 2019 TO OCTOBER 15 2019
    Intellectual Property

    Infolex Fintech Newsletter - June 1 2019...

    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...
    FINTECH NEWSLETTER: OCTOBER 15, 2019 &#8211 JANUARY 15, 2020.
    Technology, Media & Telecommunications & Government & Regulatory

    FinTech Newsletter: October 15, 2019 &#8211 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...
    COMMENTS ON THE DRAFT FRAMEWORK FOR AUTHORISATION OF A PAN-INDIA NEW UMBRELLA ENTITY FOR RETAIL PAYMENT SYSTEMS
    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...
    RBI GUIDELINES ON REGULATION OF PAYMENT AGGREGATORS AND PAYMENT GATEWAYS
    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...
    FINTECH NEWSLETTER &#8211 JANUARY 16, 2020 TO APRIL 30, 2020
    Technology, Media & Telecommunications & Government & Regulatory

    Fintech Newsletter &#8211 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...
    AUGMENTING THE FIGHT AGAINST COVID-19: HOW BUSINESSES ARE STEPPING UP – REGULATORY ENABLERS AND MISSES
    Corporate & Commercial & Technology, Media & Telecommunications

    Augmenting the fight against Covid-19: How Businesses...

    COVID-19 has brought the world to its knees. Countries are at different stages of transmission of the pandemic, trying their best to cope with their...
    INFOALERT | LOANS SOURCED BY BANKS AND NBFCS OVER DIGITAL LENDING PLATFORMS: ADHERENCE TO FAIR PRACTICES CODE AND OUTSOURCING GUIDELINES
    Banking & Finance

    InfoAlert | Loans Sourced by Banks and...

    The Reserve Bank of India recently issued a notification to reiterate and ensure compliance of the Fair Practices Code and outsourcing guidelines for financial services,...
    INFOALERT ARTICLE - MARKETPLACE E-COMMERCE : IMPACT ON PLATFORM IMMUNITY UNDER THE NEW CONSUMER PROTECTION REGIME
    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,...
    FINTECH NEWSLETTER – MAY 1, 2020 TO JULY 31, 2020
    Technology, Media & Telecommunications

    Fintech Newsletter – May 1, 2020 to...

    The economic disruptions owing to the current pandemic, have impacted funding globally, with venture-backed investments in India falling drastically between March and June 2020, as...
    INFOLEX NEWSALERT | RBI FRAMEWORK FOR AUTHORIZATION OF PAN-INDIA UMBRELLA ENTITY FOR RETAIL PAYMENT
    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...
    FINTECH NEWSLETTER – AUGUST 01, 2020-OCTOBER 15, 2020
    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...
    INFOLEX NEWSALERT – LIBERALISATION OF GUIDELINES FOR OTHER SERVICE PROVIDERS
    Corporate & Commercial & Technology, Media & Telecommunications

    Infolex NewsAlert – Liberalisation of Guidelines for...

    The New OSP Guidelines have been issued by the DoT with the objective of devising a framework to accommodate the constant innovations in technology and...
    FINTECH NEWSLETTER | OCT 16, 2020 TO DEC 31, 2020
    Technology, Media & Telecommunications

    Fintech Newsletter | Oct 16, 2020 to...

    The Indian fintech market has continued to grow and evolve, with the Covid-19 pandemic accelerating digitization amongst consumers, micro, small and medium enterprises (“MSMEs”), banks,...
    CHINA NEWSLETTERS (OCTOBER 2020 - DECEMBER 2020)
    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...
    INFOLEX | RULES FOR INTERMEDIARY AND DIGITAL MEDIA ETHICS CODE
    Technology, Media & Telecommunications

    InfoLex | Rules for Intermediary and Digital...

    In response to the mass dissemination of fake news and offensive/ unregulated content online, the Indian Government has issued a Digital Media Ethics Code for...
    INFOLEX ARTICLE: CLARIFICATION ON THE GUIDELINES ON REGULATION OF PAYMENT AGGREGATORS AND PAYMENT GATEWAYS
    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,...
    FINTECH NEWSLETTER | JANUARY 01, 2021 TO MARCH 31, 2021
    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.
    FINTECH NEWSLETTER – APRIL 01, 2021 TO JUNE 30, 2021
    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...
    E-RUPI AND ITS BENEFITS FOR THE DIGITAL PAYMENTS ECOSYSTEM IN INDIA
    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,...
    FINTECH NEWSLETTER: RECENT LEGAL DEVELOPMENTS AND MARKET UPDATES IN INDIA
    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...
    FINTECH NEWSLETTER | OCTOBER 1, 2021 TO DECEMBER 31, 2021
    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,...
    TIGHTENING THE REIN ON PRIVILEGES OF QUASI JUDICIAL AUTHORITIES PERTAINING TO DISCLOSURE OF DOCUMENTS
    Litigation & Dispute Resolution

    Tightening The Rein on Privileges of Quasi...

    The Supreme Court of India on February 18, 2022 upheld the principles of natural justice, by holding that all information, which is relevant for any...
    COLLECTION AND STORAGE OF AADHAAR DATA | THINGS TO LOOK OUT FOR
    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...