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6 July 2022 at 11 : 43 AM
Social Sector Alert: Not-for-profits Rejoice: Receiving Foreign Contributions Made Easy
Read MoreJuly 06, 2022 NOT-FOR-PROFITS REJOICE: RECEIVING FOREIGN CONTRIBUTIONS MADE EASY The Foreign Contribution (Regulation) Rules 2011 (“2011 Rules”) has been amended by The Foreign Contribution (Regulation) Amendment Rules, 2022; enforced from July 1, 2022. Persons/associations can receive up to 10 lakh INR (approx. $13000) and a time of three months to declare if the […]
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5 July 2022 at 16 : 47 PM
Debt Funding in India Series: Credit Default Swap: Grooming the Infamous Device
Read MoreJuly 05, 2022 CREDIT DEFAULT SWAP: GROOMING THE INFAMOUS DEVICE I. ORIGIN OF CREDIT DEFAULT SWAP IN INDIA Capital infusion is often required for a company to carry on its business and broadly there are two ways to furnish this need: (a) to infuse equity into the organization, and (b) to avail loans. When a […]
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2 July 2022 at 11 : 21 AM
New Publication: Law of Damages in India
Read MoreJuly 02, 2022 Damages have gained much significance especially in commercial transactions, and as punitive measures for violation of rights of concerned persons. Damages are popularly granted in cases of tort or on breach of contract. This paper broadly covers damages in cases of contractual breaches in India and the practical implications of certain […]
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1 July 2022 at 16 : 37 PM
Competition Law Hotline: NCLAT Order in Amazon/FCPL Is a Missed Opportunity for Answering Substantive Questions of Law
Read MoreJuly 01, 2022 NCLAT ORDER IN AMAZON/FCPL IS A MISSED OPPORTUNITY FOR ANSWERING SUBSTANTIVE QUESTIONS OF LAW BACKGROUND There has been significant news coverage surrounding Amazon and Future Retail’s disputes related to the latter’s proposed sale of retail assets to the Reliance Group. We have in a previous hotline, covered some aspects of the dispute, while […]
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1 July 2022 at 11 : 28 AM
Mid-year Regulatory Update 2022: Food Industry in India
Read MoreJuly 01, 2022 MID-YEAR REGULATORY UPDATE 2022: FOOD INDUSTRY IN INDIA INTRODUCTION The food sector is one of the largest and diverse industries in India. In the recent past, the food industry has been gearing up to keep up with shift in consumer preferences towards health foods and sustainability. The first half of 2022 has […]
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30 June 2022 at 17 : 49 PM
Mid-year Regulatory Update 2022: Healthcare Industry in India
Read MoreJune 30, 2022 MID-YEAR REGULATORY UPDATE 2022: HEALTHCARE INDUSTRY IN INDIA INTRODUCTION Since the beginning of the pandemic, there is increased industry and regulatory focus on transformation of healthcare. The healthcare industry in India has especially benefitted from cross-industry convergence and integration of technology during this period. As healthcare delivery is moving outside the four […]
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30 June 2022 at 13 : 44 PM
Yes, Governance Matters. – SEC imposes largest ever penalty on EY
Read MoreJune 30, 2022 SEC IMPOSES LARGEST EVER PENALTY ON EY On June 28, 2022, the U.S. Securities and Exchange Commission (“SEC”) charged1 Ernst & Young LLP (“EY”) for (i) cheating by its audit professionals on exams required to obtain and maintain Certified Public Accountant (CPA) licenses; and (ii) withholding evidence of this misconduct from the […]
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29 June 2022 at 16 : 49 PM
Pharma & Healthcare Update: Doctors under watch for Professional Misconduct – National Medical Commission in action
Read MoreJune 29, 2022 DOCTORS UNDER WATCH FOR PROFESSIONAL MISCONDUCT – NATIONAL MEDICAL COMMISSION IN ACTION INTRODUCTION On 23rd May 2022, the Ethics and Medical Registration Board (“EMRB”) under the National Medical Commission (“NMC”) released a draft of the Registered Medical Practitioner (Professional Conduct) Regulations, 2022 (“Draft Regulations“).1NMC was constituted by the National Medical Commission Act, 2019 […]
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28 June 2022 at 11 : 00 AM
Mid-year Regulatory Update 2022: Medical Device Industry in India
Read MoreJune 28, 2022 MID-YEAR REGULATORY UPDATE 2022: MEDICAL DEVICE INDUSTRY IN INDIA INTRODUCTION In 2020, the Indian Government notified all medical devices to be ‘drugs’ in India. As the medical device industry and the regulators continue to navigate the challenges posed by this step, numerous developments have been introduced since the begin of this year in efforts […]
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27 June 2022 at 16 : 31 PM
Social Sector Hotline: Roe v. Wade Overruled, NGOs may face reduced international funding
Read MoreJune 27, 2022 ROE V. WADE OVERRULED, NGOS MAY FACE REDUCED INTERNATIONAL FUNDING Dobbs, State Health Officer of the Mississippi Department of Health, v. Jackson Women’s Health Organization Overruled Roe v. Wade and Planned Parenthood v. Casey Significant impact on broader rights-based public health policies in the United States (“US”) including global south International organizations focused on rights-based […]
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27 June 2022 at 15 : 26 PM
Roe v. Wade Overruled, NGOs may face reduced International Funding Part 1
Read MoreJun 27, 2022 Welcome to the Social Sector podcast at Nishith Desai Associates. In this podcast, Rahul Rishi and Nitish Raj discuss the ruling of the United States Supreme Court in Dobbs v. Jackson Women’s Health Organization and the impact it would have on international funding from the United States. You can listen to […]
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27 June 2022 at 15 : 22 PM
Roe v. Wade Overruled, NGOs may face reduced International Funding Part 2
Read MoreJun 27, 2022 Welcome to the Social Sector podcast at Nishith Desai Associates. In this podcast, Rahul Rishi and Nitish Raj discuss the ruling of the United States Supreme Court in Dobbs v. Jackson Women’s Health Organization and the impact it would have on international funding from the US. You can refer to our […]
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27 June 2022 at 12 : 17 PM
Mid-year Update: Digital Health in India; June 27
Read MoreJune 27, 2022 MID-YEAR UPDATE: DIGITAL HEALTH IN INDIA INTRODUCTION As the momentum to digitize the healthcare system in India continues to grow, the Government has been keeping up pace to catalyse the transition. The Ayushman Bharat Digital Health Mission (“ABDM”)1 remains on top of the list in the transformation of the digital healthcare landscape and […]
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25 June 2022 at 15 : 37 PM
When the watchdog is caught napping
Read MoreJun 25, 2022 Welcome to the Yes, Governance Matters podcast at Nishith Desai Associates. In this podcast, Sahil Kanuga, Co-head of the International Dispute Resolution and Investigations Practice at Nishith Desai Associates discusses the 8th June 2022 order of the U. S. Securities and Exchange Commission on the audit firm CohnReznick LLP and looks […]
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24 June 2022 at 11 : 20 AM
Mid-year Regulatory Update 2022: Pharmaceuticals in India
Read MoreJune 24, 2022 MID-YEAR REGULATORY UPDATE 2022: PHARMACEUTICALS IN INDIA INTRODUCTION The first half of 2022 has witnessed a lot of regulatory activity in the pharmaceutical sector. The sector has witnessed numerous regulatory developments to streamline the regulation of the sector including the introduction of new Indian pharmacopeia, notification on over-the-counter drugs, display of unit […]
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22 June 2022 at 15 : 16 PM
Regulatory Hotline: SEBI’s concerns on Algorithmic Trading by Retail Investors
Read MoreJune 22, 2022 SEBI’S CONCERNS ON ALGORITHMIC TRADING BY RETAIL INVESTORS BACKGROUND The Securities and Exchange Board of India (“SEBI”) vide a Press Release, dated June 10, 2022 (“Press Release”)1, yet again raised its concerns with regard to the algorithm trading services being offered by unregulated platforms. SEBI has cautioned investors against strategies that are […]
