Corporate Social Responsibility
April 10, 2018
There is a growing realization among the corporates that business growth along with positive community/social impact is now an expected goal …
India’s voyage to formulation of data protection law
April 4, 2018
While regulators across the US, EU and China already have comprehensive legal frameworks to protect data and privacy, India is lagging behind.
India: Impact of the Companies (Amendment) Act, 2017
March 26, 2018
With the assent of the President on January 3, 2018, the much-awaited Companies (Amendment) Act, 2017 (Amendment Act), which provides for simpler provisions but stringent penalties, has finally seen the light of the day …
India: Execution Proceedings for Enforcement of Arbitral Award
March 14, 2018
Recent Supreme Court judgement resolves certain issues and requirements …
Voluntary Liquidation in India
March 7, 2018
Winding up under Insolvency and Bankruptcy Code, 2016 …
Strike Off of Companies in India
February 28, 2018
Over the years, many companies have been lagging behind in filing of annual documents such as annual returns, financial statements etc …
India: Valuation by Registered Valuer
February 21, 2018
“Price is what you pay, Value is what you get” …
India: Amendments Under Master Directions on Issuance and Operation of Prepaid Payment by RBI
February 14, 2018
Digital wallets such as PayTM, along with debit and credit cards, are expected to reduce (if not completely replace) the use of paper currency …
India: Institutional Arbitration – Need of the Hour
January 31, 2018
The need to promote and encourage institutional arbitration for commercial disputes in India …
India: Supreme Court settles the law: Major relief for foreign operational creditors
January 29, 2018
Clasis Law recently represented Macquarie Bank in two civil appeals before the Supreme Court of India …
Law firms play a critical role in the new Indian Insolvency & Bankruptcy Code
January 29, 2018
Many new reforms and regulations have been introduced to support economic growth. However, one area that was always neglected was bankruptcy law …
India: Consumer Protection
January 24, 2018
NCDRC’s ruling on ‘Voluntary Consumer Association’ under the Consumer Protection Act, 1986 …
India: Foreign Exchange Management Regulation
January 17, 2018
Significant changes for transfer or issue of security to a person resident outside India …
India: Directors’ duties and liabilities under the Companies Act, 2013
January 9, 2018
Directors must be aware of their role, responsibilities and duties towards the company and its shareholders …
The tourism and hospitality sector 2017 — the year gone by
December 27, 2017
This year several policy decisions and judicial pronouncements affecting the tourism and hospitality sector were implemented. We have set out below some of the key developments and their effect on the sector …
India Update for December 2017
December 19, 2017
This edition brings to our readers a featured article titled “The Tourism and Hospitality Sector 2017 — The Year Gone By!!”
India: RBI issues Directions on Peer to Peer Lending Platform
November 17, 2017
Online lending transactions are in their nascent stage in India and given the increase in peer-to-peer (P2P) lending through e-commerce marketplace it is of extreme importance to regulate such transactions …
INDIA: Right to privacy and data protection in India
October 13, 2017
The concept of data protection and privacy has not been addressed in any exclusive comprehensive legislation in India …
A roadmap for response and remediation
August 31, 2017
Cybersecurity professionals are no doubt familiar with the oft-repeated adage that there are only two kinds of companies — ‘those that have been breached’ and ‘those who do not know it yet’ …
India: Protection against groundless threats under Indian IP laws
August 31, 2017
Rapidly growing awareness of intellectual property (IP) rights and a well-structured statutory regime protecting IP has allowed rights owners to assert and enjoy the limited monopolies conferred on them …
Mauritian Company Successfully Enforces US$300 million LCIA Award in India
July 30, 2017
On 6 July 2012, Mauritius-based Cruz City Mauritius Holdings obtained a US$300 million award rendered by a London Court of International Arbitration tribunal. Cruz City thereafter sought to enforce this award in the High Court of New Delhi against its joint venture partners …
RBI granted powers to act on the resolution of stressed assets
July 12, 2017
The Reserve Bank of India has amended the Framework for Revitalising Distressed Assets in the Economy — Guidelines on Joint Lenders’ Forum and Corrective Action Plan.
India Update for May 2017
May 31, 2017
The May 2017 India newsletter from Clasis Law includes an article on “Corporate Compliances: Necessity and Implication”, as well as Banking, Projects, Energy & Natural Resources and IP updates …
Corporate compliance: Necessity and implication
May 23, 2017
The Companies Act of India is the primary legislation governing the functioning of companies established in India during their lifecycle….
India update from Clasis Law
April 26, 2017
Including briefings on the national food processing policy, projects and energy, and intellectual property.
RBI intervenes in patching up of Tata and DoCoMo’s joint venture
April 13, 2017
Background to the joint venture: Tata DoCoMo, an Indian mobile network operator, was set up as a joint venture between Tata Teleservices (TTSL) and NTT DoCoMo in November 2008…
Reshaping the perception of Indian IP law
March 16, 2017
The past few years have seen plentiful developments in the Indian IP regime. The judiciary has consistently delivered …
Regulatory challenges for Vodafone Idea merger
March 14, 2017
Vodafone India is in discussions with Idea Cellular for an all-share merger. It appears that the intense competition the Indian telecom industry is facing due to freebies offered by the new entrant, Reliance Jio, has …
India Update, inc: Regulatory challenges for Vodafone Idea merger
March 7, 2017
This months India newsletter from Clasis Law includes an article on the “Regulatory challenges for Vodafone Idea merger”, plus updates in Projects, Energy, IP and Banking & Finance …
Investment conditions and restrictions for venture capital funds
February 3, 2017
Venture capital funds (VCFs) are contributing considerably to India’s economic growth. The amount of investment directed to venture capital has grown in recent years due to the pro-business environment and …
Investing in India’s digital future
January 9, 2017
The increased use of technology has paved its way into our daily lives causing consumers to rely on it for availing even the most unconventional goods and services. This accelerated use of technology …
M&A Special Report
January 9, 2017
M&A Special Report In this month’s M&A issue we shine a light on two of the region’s biggest economies: China and India. First, we examine how China’s overseas acquisition frenzy is facing a backlash from regulators at home and abroad. Then we move to India and look at opportunities to invest in an e-commerce market that grew by a whopping 30 percent from 2011 to the end of 2015 and is expected to have doubled again during 2016. Phoenix Legal explores the legal landscape for investors.