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9 June 2023 at 20 : 25 PM
Education Sector Hotline: Ministry of Finance excludes application of existing higher education laws to foreign university’s campuses and centres in the Gift City
Read MoreJune 09, 2023 MINISTRY OF FINANCE EXCLUDES APPLICATION OF EXISTING HIGHER EDUCATION LAWS TO FOREIGN UNIVERSITY’S CAMPUSES AND CENTRES IN THE GIFT CITY INTRODUCTION The Ministry of Finance, Department of Economic Affairs (“DEA”) has by a notification1 (“Notification”) directed that the University Grants Commission (“UGC”) Act, 1956 (“UGC Act”) and the All India Council For Technical […]
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9 June 2023 at 13 : 25 PM
Webinar: Angel tax – impact on PE/ VC investments
Read MorePanelists: Nishith Desai Vaibhav Parikh Parul Jain Ipsita Agarwalla
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8 June 2023 at 19 : 49 PM
Insolvency and Bankruptcy Hotline: Dissecting the Insolvency Code – Scope and Impact of Interim Moratorium for Individuals
Read MoreJune 08, 2023 DISSECTING THE INSOLVENCY CODE – SCOPE AND IMPACT OF INTERIM MORATORIUM FOR INDIVIDUALS INTRODUCTION Part III of the Insolvency and Bankruptcy Code, 2016 (“Code”) deals with the insolvency resolution and bankruptcy process for individuals and partnership firms. Section 96(1) provides that upon the filing of an application to initiate the insolvency resolution […]
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8 June 2023 at 13 : 58 PM
Technology Law Analysis: Dall-E, Midjourney, ChatGPT and more riding the AI wave, but 3 key legal issues roiling the space
Read MoreJune 08, 2023 DALL-E, MIDJOURNEY, CHATGPT AND MORE RIDING THE AI WAVE, BUT 3 KEY LEGAL ISSUES ROILING THE SPACE This article was originally published by Ht Tech on June 04, 2023. SUMMARY In this article, Huzefa Tavawalla and Aniruddha Majumdar provide an overview of some of the key legal / regulatory issues which investors, […]
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6 June 2023 at 09 : 40 AM
Karnataka High Court upholds Constitutional validity of Section 37A FEMA in Xiaomi plea challenging seizure of accounts (June 06, 2023)
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6 June 2023 at 07 : 18 AM
Pharma & Healthcare Update: New Jolt for The Industry: Prices of Drugs and Devices Losing Patent Protection to Be Reduced by 50%
Read MoreJune 06, 2023 NEW JOLT FOR THE INDUSTRY: PRICES OF DRUGS AND DEVICES LOSING PATENT PROTECTION TO BE REDUCED BY 50% The Drugs Price Control Order, 2013 (“DPCO”)- the primary drugs and medical devices price regulation has been amended on May 11, 20231 (“DPCO Amendment”) to include a new formula for the calculation of price of […]
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5 June 2023 at 05 : 33 AM
M&A Hotline: Insiders Beware: SEBI proposes changes to the definition of “Unpublished Price Sensitive Information”
Read MoreJune 05, 2023 INSIDERS BEWARE: SEBI PROPOSES CHANGES TO THE DEFINITION OF “UNPUBLISHED PRICE SENSITIVE INFORMATION” INTRODUCTION The Securities and Exchange Board of India (“SEBI”) recently issued a consultation paper dated May 18, 2023 (“Consultation Paper”)1, on review of the definition of Unpublished Price Sensitive Information (“UPSI”) under the SEBI (Prohibition of Insider Trading) Regulations, […]
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3 June 2023 at 01 : 57 AM
Dispute Resolution Hotline: Third Party Funding: is Funder Bound by an Award for Costs? Indian Court Rules
Read MoreJune 03, 2023 THIRD PARTY FUNDING: IS FUNDER BOUND BY AN AWARD FOR COSTS? INDIAN COURT RULES A third party may be bound by an arbitral award only if it has been compelled to arbitrate and is a party to the arbitration proceedings. An award for costs cannot be enforced against a third-party funder, who […]
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2 June 2023 at 07 : 26 AM
Tax Hotline: Angel Tax – impact on foreign investment
Read Morejune 02, 2023 ANGEL TAX – IMPACT ON FOREIGN INVESTMENT Government and government related investors exempt from applicability of angel tax Investment by Specified Entities resident of 21 notified countries (including USA, UK but excluding Singapore, Mauritius, Netherlands) exempted from applicability of angel tax 5 more valuation methods proposed for non-resident investors Price matching mechanism […]
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1 June 2023 at 13 : 29 PM
Webinar : Generative Artificial Intelligence: Legal, Ethical and Policy Implications
Read MorePanelists: Vaibhav Parikh Huzefa Tavawalla Tanisha Khanna Aniruddha Majumdar Raashi Vaishya
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1 June 2023 at 13 : 51 PM
Time for Evolution of Sport Adjudication in India
Read MoreIs Sports Arbitration the Way Forward? View in Browser
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31 May 2023 at 18 : 57 PM
Investment Funds: Monthly Digest: Differential economic rights of AIF LPs under threat
Read MoreMay 31, 2023 DIFFERENTIAL ECONOMIC RIGHTS OF AIF LPS UNDER THREAT The Securities and Exchange Board of India (“SEBI”) has put forward several proposals for stricter regulation of alternative investment funds (“AIFs”) in India. AIFs, which were proposed as lightly regulated, are privately pooled investment vehicles registered under the SEBI (Alternative Investment Funds) Regulations, 2012 […]
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31 May 2023 at 09 : 18 AM
Anti-Money Laundering (May 31, 2023)
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30 May 2023 at 14 : 52 PM
Tax Hotline: Manner of computation of Net Winnings prescribed for online gaming companies!
Read MoreMay 30, 2023 MANNER OF COMPUTATION OF NET WINNINGS PRESCRIBED FOR ONLINE GAMING COMPANIES! The Finance Act, 2023 prescribed that an OGI was required to deduct income tax on the net winnings from any online game from a user account. Now, the CBDT has prescribed the manner of computation of net winnings through guidelines. The […]
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30 May 2023 at 10 : 57 AM
Legal issues in Generative AI (May 30, 2023)
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29 May 2023 at 17 : 32 PM
New Publication: Time for Evolution of Sport Adjudication in India
Read MoreIs Sports Arbitration The Way Forward? May 29, 2023 Over the years, sport has turned into a multi-billion-dollar industry involving lucrative investments from all over the world. Therefore, it should not come off as a matter of surprise that sports also has become a subject of legal disputes across the globe. One of the […]
