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23 October 2024 at 13 : 04 PM
Yes, Governance Matters.: How Company Secretaries Shape Corporate Governance
Read MoreOctober 23, 2024 How Company Secretaries Shape Corporate Governance This article was first published in taxsutra.com (October 21, 2024). In today’s evolving business landscape, strong corporate governance is critical for long-term growth and success. Company Secretaries (CS), as key managerial personnel, play a key role in ensuring compliance, facilitating communication between the board and […]
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22 October 2024 at 18 : 32 PM
Deal Corner: NDA represents Steadview Capital Mauritius Limited in the Pre-IPO Fund Raise by Bluestone Jewellery and Lifestyle Private Limited
Read MoreOctober 22, 2024 NDA represents Steadview Capital Mauritius Limited in the Pre-IPO Fund Raise by Bluestone Jewellery and Lifestyle Private Limited DEAL BRIEF Steadview Capital Mauritius Limited (“Steadview”) participated in the pre-IPO fund raise of approximately INR 900 Crores by Bangalore based Bluestone Jewellery and Lifestyle Private Limited (“Bluestone”) along with other investors such […]
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22 October 2024 at 14 : 10 PM
Dispute Resolution Hotline: Arbitrability of Disputes arising post Discharge of Contract by Accord & Satisfaction
Read MoreOctober 22, 2024 Arbitrability of Disputes arising post Discharge of Contract by Accord & Satisfaction This article was first published in ibclaw.blog (October 17, 2024). The Indian Supreme Court (“SC”) has affirmed the limited scope of pre-referral jurisdiction of courts in an application for appointment of an arbitrator. Such jurisdiction does not extend to […]
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18 October 2024 at 11 : 54 AM
Deal Talk: High Stakes, Smart Moves: Upper Layer NBFCs and the Mandatory Listing Requirement
Read MoreOctober 18, 2024 High Stakes, Smart Moves: Upper Layer NBFC’s and the Mandatory Listing Requirement A. Introduction On October 19, 2023, the Reserve Bank of India (“RBI”) released the Master Direction – Reserve Bank of India (Non-Banking Financial Company–Scale Based Regulation) Directions, 2023 (“Scale Based Regulations”). This pivotal framework categorizes non-banking financial companies (“NBFCs”) […]
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18 October 2024 at 10 : 11 AM
Deal Talk: High Stakes, Smart Moves: Upper Layer NBFCs and the Mandatory Listing Requirement
Read MoreOctober 18, 2024 High Stakes, Smart Moves: Upper Layer NBFC’s and the Mandatory Listing Requirement A. Introduction On October 19, 2023, the Reserve Bank of India (“RBI”) released the Master Direction – Reserve Bank of India (Non-Banking Financial Company–Scale Based Regulation) Directions, 2023 (“Scale Based Regulations”). This pivotal framework categorizes non-banking financial companies (“NBFCs”) […]
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16 October 2024 at 15 : 38 PM
HR Law Hotline: Supreme Court Provides Guidance on What Would Constitute Abetment of Suicide in An Employment Relationship
Read MoreOctober 16, 2024 Supreme Court Provides Guidance on What Would Constitute Abetment of Suicide in An Employment Relationship Supreme Court quashes criminal case against Hindustan Unilever Limited (Company) executives for abetment of suicide of its employee. An offence under Section 306 Indian Penal Code 1860 (IPC) would stand only if there is an ‘abetment’ […]
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9 October 2024 at 13 : 38 PM
M&A Lab: Reliance – Disney: The Grand Ambani Wedding of the Media World
Read MoreOctober 09, 2024 Reliance – Disney: The Grand Ambani Wedding of the Media World The year 2024 has been a year of grand Ambani weddings. One such major Ambani wedding (Reliance-Disney merger) has been the talk of the media world. This deal marked a watershed moment in the global entertainment and media landscape. Disney, […]
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9 October 2024 at 05 : 23 AM
Regulatory Hotline: Fast Track Merger: Unlocking New Pathway for Inbound Cross-Border Merger
Read MoreOctober 09, 2024 Fast Track Merger: Unlocking New Pathway for Inbound Cross-Border Merger Indian Ministry of Corporate Affairs amends cross-border merger rules to enable inbound reverse mergers to opt for fast track merger route. Inbound cross-border reverse merger process stands significantly simplified and expedited Amendment Rules recognize and promote the current trend of reverse […]
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7 October 2024 at 18 : 20 PM
Deal Talk: NCLT “Squeezes In” Philips for “Squeeze Out” of Minority Shareholders!
Read MoreOctober 07, 2024 NCLT “Squeezes In” Philips for “Squeeze Out” of Minority Shareholders! A. Introduction The Kolkata Bench of the National Company Law Tribunal (‘NCLT’) passed an order on September 19, 2024, dismissing the application filed by Philips India Limited (‘Philips’) for a capital reduction under Section 66 of the Companies Act, 2013 (‘CA […]
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7 October 2024 at 14 : 51 PM
Tax Hotline: Indian Tribunal upholds eligibility of LLC incorporated in USA to claim benefit under India-US Tax Treaty
Read MoreOctober 07, 2024 Indian Tribunal upholds eligibility of LLC incorporated in USA to claim benefit under India-US Tax Treaty The Delhi ITAT recently allowed an appeal holding that an LLC is a tax resident of US under Article 4 of the India-USA Treaty by virtue of incorporation. The LLC being a resident under Article […]
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3 October 2024 at 14 : 07 PM
Dispute Resolution Hotline: NDA authors the India Chapter of the IBA Toolkit on Insolvency and Arbitration
Read MoreOctober 03, 2024 NDA authors the India Chapter of the IBA Toolkit on Insolvency and Arbitration The International Bar Association Arbitration Committee’s Working Group on the Intersection of Insolvency and Arbitration has recently released the updated version of the Toolkit on Insolvency and Arbitration 2024, initially launched in 2021. We are proud to share […]
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25 September 2024 at 18 : 38 PM
Dispute Resolution Hotline: India ADR Week 2024 – Survey
Read MoreSeptember 25, 2024 India ADR Week 2024 – Survey As knowledge partners of India ADR Week, Nishith Desai Associates has collaborated with MCIA and CLA to develop a survey aimed at gathering insights from the arbitration community. This year’s discussions hold particular significance, with proposed amendments to the Arbitration and Conciliation Act poised to […]
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23 September 2024 at 18 : 53 PM
HR Law Hotline: Supreme Court clarifies the meaning of “workman” under the Industrial Disputes Act, 1947
Read MoreSeptember 23, 2024 Supreme Court clarifies the meaning of “workman” under the Industrial Disputes Act, 1947 Mere absence of power to appoint, dismiss, conduct disciplinary inquiry cannot be the sole criterion to determine, if an employee would fall under the definition of workman under Section 2(s) of the Industrial Disputes Act, 1947. An employee […]
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23 September 2024 at 10 : 20 AM
M&A Hotline: Indian Merger Control Regime – The Introduction And Impact Of Deal Value Thresholds
Read MoreSeptember 23, 2024 Indian Merger Control Regime – The Introduction And Impact Of Deal Value Thresholds This article was first published in bwlegalworld.com (September 20, 2024). On September 9, 2024, the Indian Government notified certain provisions of the Competition (Amendment) Act, 2023 that came into effect on September 10, 2024. One of the most […]
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20 September 2024 at 10 : 20 AM
Investment Funds: Monthly Digest: Roundup of Key Changes to framework governing AIFs in August: Borrowing, LVFs and VCFs
Read MoreSeptember 20, 2024 Roundup of Key Changes to framework governing AIFs in August: Borrowing, LVFs and VCFs A practical analysis of the borrowing framework instituted by SEBI for Category I and Category II AIFs Changes with respect to the extension of term of LVFs come into effect SEBI delves into the modalities of Migrated […]
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19 September 2024 at 13 : 41 PM
Deal Talk: Deal Breaker or Deal Maker?: Deconstructing the “Deal Value Threshold” Under The Competition Act, 2002
Read MoreSeptember 19, 2024 Deal Breaker or Deal Maker?: Deconstructing the “Deal Value Threshold” Under The Competition Act, 2002 A. Introduction On September 9, 2024, the Competition Commission of India (“CCI”), Government of India and the Ministry of Corporate Affairs collectively unveiled a ground-breaking set of updates to the merger control regime in India, effective […]
