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14 February 2019 at 14 : 03 PM
Seminar – Demystifying European Domicile Funds
Read MoreFebruary 07, 2019
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13 February 2019 at 17 : 38 PM
Health Workshop – Healing Through Natural Ways (January 30, 2019)
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12 February 2019 at 18 : 46 PM
Debt Funding in India
Read MoreView in Browser Hope you have a good read. Feel free to contact us at ndaconnect@nishithdesai.com.
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12 February 2019 at 17 : 02 PM
IRDAI Updates (February 06, 2019)
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12 February 2019 at 17 : 47 PM
EXTERNAL COMMERCIAL BORROWINGS, Revised Framework (February 05, 2019)
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11 February 2019 at 14 : 01 PM
Tax Hotline: Delhi Tribunal: LLP income taxable as income from independent personal services
Read MoreFebruary 11, 2019 DELHI TRIBUNAL: LLP INCOME TAXABLE AS INCOME FROM INDEPENDENT PERSONAL SERVICES LLPs providing professional services are entitled to claim the benefit of treaty provisions on independent personal services As a corollary, LLPs providing business services or other services may be taxed in the same manner as any other foreign enterprise Income taxable […]
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11 February 2019 at 14 : 42 PM
Investment Funds: Monthly Digest: Investor Giveback for India Focused Funds: Legal Considerations
Read MoreFebruary 08, 2019 INVESTOR GIVEBACK FOR INDIA FOCUSED FUNDS: LEGAL CONSIDERATIONS INTRODUCTION A closed-end venture capital / private equity (“VC/PE”) fund’s governing documents typically stipulate an ‘investor giveback’ (also referred to as ‘LP giveback’) provision. The LP giveback provision imposes a binding obligation, with certain qualifications, on fund investors to return distributions received by them […]
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6 February 2019 at 17 : 55 PM
Regulatory Hotline: Stamp duty stumps brokers and demat transfers
Read MoreFebruary 06, 2019 STAMP DUTY STUMPS BROKERS AND DEMAT TRANSFERS Indian Stamp Act is proposed to be amended to replace broker turnover stamp duty with stamp duty on the clearance list used for transactions through stock exchange. Stamp duties to be collected by the stock exchanges or their authorised clearing corporations and the depositories on […]
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5 February 2019 at 01 : 28 AM
India Interim Budget 2019-20 – Analysis
Read MoreFebruary 05, 2019 On February 01, 2019, the Indian Finance Minister presented an interim Budget for financial year (“FY”) 2019-20 (“Budget”). The backdrop of the Budget was the national elections which are slated to take place in the next few months. While a full budget will be announced by the newly elected government later this year, the […]
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1 February 2019 at 17 : 23 PM
Regulatory Hotline: External Commercial Borrowings: Regulatory framework substantially relaxed
Read MoreFebruary 01, 2019 EXTERNAL COMMERCIAL BORROWINGS: REGULATORY FRAMEWORK SUBSTANTIALLY RELAXED Regulatory framework for ECBs substantially liberalized. Basket of eligible lenders expanded and end-use restrictions limited. Eligible borrowers substantially expanded, and includes LLPs Funding Indian corporates through debt has been traditionally been a preferred mode of funding due to inherent advantages such as security creation, minimum […]
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30 January 2019 at 13 : 27 PM
Training on POSH (January 23, 2019)
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28 January 2019 at 05 : 43 AM
Building a Successful Blockchain Ecosystem for India: NDA presents regulatory approaches on crypto-assets to the Government of India
Read MoreJanuary 28, 2019 NDA PRESENTS REGULATORY APPROACHES ON CRYPTO-ASSETS TO THE GOVERNMENT OF INDIA We are pleased to announce that Nishith Desai Associates (NDA) has made an independent submission to the Government of India, suggesting detailed regulatory approaches that the government may take towards crypto-assets. The submission has been made to the Central Government committee […]
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25 January 2019 at 18 : 29 PM
M&A Hotline: The Way Forward – Indian M&A and PE Projections for 2019
Read MoreJanuary 25, 2019 THE WAY FORWARD – INDIAN M&A AND PE PROJECTIONS FOR 2019 2018 was a blockbuster year for deal-making in India, with M&A value exceeding an unprecedented USD 100 billion mark. The year also witnessed a wide range of M&A transactions, including pure play PE/ VC deals, sophisticated platform investments, large consolidations, buy-out […]
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24 January 2019 at 16 : 22 PM
Pharma Hotline: Patented new drugs and orphan drugs out of price control in India
Read MoreJanuary 24, 2019 PATENTED NEW DRUGS AND ORPHAN DRUGS OUT OF PRICE CONTROL IN INDIA The Ministry of Chemicals and Fertilizers (Department of Pharmaceuticals) has notified an order amending the Drugs (Prices Control) Order 2013. Effective January 3, 2019, manufacturers, importers and marketers of new drugs patented in India are exempt from price control for […]
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23 January 2019 at 15 : 12 PM
Dispute Resolution Hotline: Indian Arbitration Bill 2018: A Misadventure!
Read MoreJanuary 23, 2019 INDIAN ARBITRATION BILL 2018: A MISADVENTURE! This article was originally published in the 21st January 2019 edition of SUMMARY: The latest legislative reforms dealing with arbitration in India have met with controversy. Vyapak Desai, partner and head of international litigation and dispute resolution at Nishith Desai Associates, and Ashish Kabra, a senior member of […]
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21 January 2019 at 18 : 48 PM
Regulatory Alert: India moves closer to delivery by drones
Read MoreJanuary 21, 2019 INDIA MOVES CLOSER TO DELIVERY BY DRONES With effect from December 1, 2018 and with the introduction of the Digital Sky Platform, flying of drones for civil use was legalized in India. However, the current regime only permitted flying of drones within visual light of sight and commercial usage was restrictive. Please […]