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12 May 2022 at 15 : 52 PM
Webinar: Cyber Security: India Revamps Rules on Mandatory Incident Reporting & Allied Compliances
Read MoreMay 11, 2022 Speakers: Gowree Gokhale Milind Mundankar Aparna Gaur Aniruddha Majumdar
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11 May 2022 at 16 : 59 PM
Education Sector Hotline: UGC’s Academic Collaboration Regulations Are Here!
Read MoreMay 11, 2022 UGC’S ACADEMIC COLLABORATION REGULATIONS ARE HERE! KEY HIGHLIGHTS The University Grants Commission (“UGC”) (Academic Collaboration between Indian and Foreign Higher Educational Institutions to offer Twinning, Joint Degree and Dual Degree Programmes) Regulations, 2022 (“Regulations”) are: Effective as of May 2, 2022 Applicable to Twinning, Joint Degree, Dual Degree programs between Indian and […]
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11 May 2022 at 11 : 42 AM
Dispute Resolution Hotline: Delhi High Court’s Guidance on Conversion Rate for Foreign Currency Denominated Arbitral Awards
Read MoreMay 11, 2022 DELHI HIGH COURT’S GUIDANCE ON CONVERSION RATE FOR FOREIGN CURRENCY DENOMINATED ARBITRAL AWARDS No distinction between foreign award or foreign decree insofar as conversion rate of foreign currency at the time of enforcement; Nationality of parties is irrelevant for the purposes of determining the conversation rate of foreign currency; Parties should ensure […]
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6 May 2022 at 16 : 36 PM
Technology Law + Regulatory Hotline: Cyber Security: India Revamps Rules on Mandatory Incident Reporting & Allied Compliances
Read MoreMay 06, 2022 CYBER SECURITY: INDIA REVAMPS RULES ON MANDATORY INCIDENT REPORTING & ALLIED COMPLIANCES The Indian Computer Emergency Response Team (“CERT-In”) has issued a direction to expand the scope of mandatorily reportable cyber security incidents. Breach reporting within 6 hours of receiving knowledge of such incident. Failure to report could result in imprisonment […]
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6 May 2022 at 11 : 27 AM
Regulatory Hotline: Change in FPI Registration Process
Read MoreMay 06, 2022 CHANGE IN FPI REGISTRATION PROCESS The Securities and Exchange Board of India (“SEBI”), on January 14, 20221, amended the SEBI (Foreign Portfolio Investors) Regulations, 2019, (“FPI Regulations”) authorizing SEBI to generate the Foreign Portfolio Investor (“FPI”) Registration number2, a task which was earlier done by National Securities Depositories Limited (“NSDL”). Subsequently, […]
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5 May 2022 at 14 : 30 PM
Investment Funds: Monthly Digest: IFSCA notifies the FME Regulations, 2022
Read MoreMay 05, 2022 IFSCA NOTIFIES THE FME REGULATIONS, 2022 The International Financial Services Centres Authority (“IFSCA”) has released the International Financial Services Centres Authority (Fund Management) Regulations, 2022 (“FME Regulations”)1 which will come into force from May 19, 2022 (“Effective Date”). IFSCA has streamlined the regulatory framework around registration of pooling vehicles (as financial products) […]
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30 April 2022 at 10 : 09 AM
HR Law Hotline: Employment Generation in India: Prioritise Service Sector – if speed is the essence
Read MoreApril 30, 2022 EMPLOYMENT GENERATION IN INDIA: PRIORITISE SERVICE SECTOR – IF SPEED IS THE ESSENCE Armed with the Covid-19 experience, India needs to look into the future to determine today’s policies towards employment generation. One of the biggest take-away from the current pandemic is the need to change our perspective towards employment generating. […]
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29 April 2022 at 17 : 15 PM
Competition Law: Tyre Cartel: The CCI Rolls-on with Price Parellelism “Plus” Against Tyre Manufacturers
Read MoreApril 29, 2022 TYRE CARTEL: THE CCI ROLLS-ON WITH PRICE PARELLELISM “PLUS” AGAINST TYRE MANUFACTURERS Actionable Insights The CCI’s decision in the Tyre Cartel Case continues its approach of “price parallelism plus”, especially in the context of oligopolistic markets demonstrating high levels of concentration, and dealing in a homogenous and commoditized product. The decision is a reminder […]
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29 April 2022 at 10 : 09 AM
HR Law Hotline: India’s New Labor Codes – Reduced Direct Liability of Directors?
Read MoreApril 29, 2022 INDIA’S NEW LABOR CODES – REDUCED DIRECT LIABILITY OF DIRECTORS? This article was originally published by National Law Review in Volume XII, Number 111 on April 21, 2022. SUMMARY The current archaic 29 federal labor laws in India are awaiting at the departure lounge, ready to be replaced by four new labor […]
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28 April 2022 at 13 : 39 PM
M&A Hotline: Musk Pops Twitter’s Poison Pill Without Any Side Effects!
Read MoreApril 28, 2022 MUSK POPS TWITTER’S POISON PILL WITHOUT ANY SIDE EFFECTS! It is public knowledge that Elon Musk (“Musk“), the billionaire founder and chief executive of Tesla and SpaceX, has had a tempestuous streak even up until Musk’s recent bid to acquire the social media platform, Twitter Inc (“Twitter”). A passionate and innovative […]
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27 April 2022 at 14 : 50 PM
Private Equity Corner: Disputes in Private Equity: Interpreting the Miscellaneous
Read MoreApril 27, 2022 DISPUTES IN PRIVATE EQUITY: INTERPRETING THE MISCELLANEOUS Every agreement typically consists of a cluster of clauses towards the end, generally termed as ‘miscellaneous’ clauses and otherwise known as ‘boilerplate clauses’. Since the boilerplate clauses are perceived as non-substantive and distinct from other transaction specific sections that are considered the core of […]
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26 April 2022 at 15 : 36 PM
Dispute Resolution Hotline: Foreign Corrupt Practices Act: An Overview of Its Extraterritorial Applicability
Read MoreApril 26, 2022 FOREIGN CORRUPT PRACTICES ACT: AN OVERVIEW OF ITS EXTRATERRITORIAL APPLICABILITY BACKGROUND The Foreign Corrupt Practices Act (“FCPA/Act”) was enacted in the year 1977 but gained prominence in its application since the last couple of decades. With the United Nations General Assembly approving the Convention Against Corruption in 2002, the United States also […]
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26 April 2022 at 15 : 53 PM
ESG: blasting EV’s driven by a moral compass
Read MoreApr 26, 2022 Welcome to the Yes, Governance Matters podcast at Nishith Desai Associates. In this podcast, Sahil Kanuga, Co-head of the International Dispute Resolution & Investigations practice at Nishith Desai Associates talks about the recent incidents of battery fires in Electric Vehicles and the implications. You can refer to our analysis available at: https://www.nishithdesai.com/fileadmin/user_upload/Html/Hotline/YGM_M_Apr2622.htm […]
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26 April 2022 at 10 : 56 AM
Yes, Governance Matters. – ESG: Blasting EV’s driven by a moral compass
Read MoreApril 26, 2022 ESG: BLASTING EV’S DRIVEN BY A MORAL COMPASS INTRODUCTION: Electric vehicles have taken the world by storm. In the Indian context, the situation is no different and it extends from four wheeled vehicles to even two wheeled scooters. Positive changes in the electric vehicle policies coupled with rising fuel costs, supplemented by […]
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25 April 2022 at 22 : 40 PM
Renewables Part II (April 13, 2022)
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21 April 2022 at 12 : 51 PM
Tax Hotline: Legal status post amalgamation – cease to exist or not?; April 21, 2022
Read MoreApril 21, 2022 LEGAL STATUS POST AMALGAMATION – CEASE TO EXIST OR NOT? The SC holds that the outer shell of corporate entity ceases to exist after amalgamation; Corporate venture of transferor / amalgamating entity continues to exist in form of new or the existing amalgamated / transferee entity; Considering the provisions of the ITA, […]