India: Corporate and commercial update

Global General Counsel of NetApp Matthew Fawcett shares his views on overseeing a worldwide legal team, advises the In-House Community on what they have stated are their most prevailant challenges and tells them what to do when “sitting in the worry seat”.

In this month’s Special Report on India, we take a look at how the country’s robust economy has helped Asia survive the global financial crisis and ask whether its legal sector is likely to follow the example of its markets and open up to foreign players. We examine new developments in tax and takeover legislation and how these will affect both domestic and foreign private equity investments in India. Plus, find out how a new Reserve Bank of India circular has cleared up some uncertainties surrounding the regulation of core investment companies (CICs).

In December 2016, Indonesia’s Parliament passed the Construction Services Bill to replace existing legislation on construction services, Law No. 18 of 1999 on Construction Services …