Publications

In recent years, India's restaurant industry has emerged as a vibrant hub for foreign investments, reflecting the nation's evolving culinary landscape and growing consumer demand. As innovative busine...

We are excited to bring you the latest edition of our newsletter, featuring key updates from the ever-evolving field of Intellectual Property (IP). This quarter has seen significant developments in ju...

We are pleased to share our Newsletter covering key legal, regulatory and policy updates from India for the quarter of july 2024 to september 2024.

Korea Newsletter covers key legal, regulatory and policy updates from India for the quarter of July 2024 to September 2024

“In the rapidly evolving fintech landscape, regulatory bodies and industry players keep playing complementary roles in actively shaping the future of digital finance, with key focus being on cyberse...

“Gujarat International Finance Tec-City (GIFT City) is emerging as a crucial global finance hub, attracting various financial and technology firms with its unique blend of regulatory advantages, tax...

In the recent years, India has emerged as a leading investment destination across globe. Alternative Investment Funds (“AIFs”) have become an important asset class for both domestic and global inv...

This volume highlights some significant developments from the month of August including the order by the Supreme Court of India on the Central Government Notification which omitted the approval requir...

Green hydrogen is becoming essential in the global clean energy transition, as India's National Green Hydrogen Mission aims for 5 million metric tonnes of production annually by 2030, inviting $95 bil...

Amidst the increasing demand for internalization into India (from foreign jurisdictions), the Ministry of Corporate Affairs on September 09, 2024, introduced an important regulatory change for amalgam...

The Ministry of Corporate Affairs, through notification dated September 9, 2024, i.e., shortly after the close of the monsoon session of the Indian parliament, implemented multiple merger control prov...

The month of June 2024 saw a flurry of regulatory activity aimed at fostering innovation, while ensuring robust governance and compliance frameworks. The RBI, the IRDAI and the IFSCA, all made a splas...

Presenting Volume XXIV of INDUSLAW’s The Recap, your round-up of legal updates for the Media & Entertainment and Gaming industries. “Hope is a good t...

Over the past couple of months, regulatory authorities in the healthcare and pharmaceutical sectors have been highly active in the enforcement of good manufacturing practices amid drug quality concern...

The Government of India through the Ministry of Finance recently notified key amendments to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 by easing out FDI-ODI swaps, relaxing nor...

The Supreme Court of India has set a crucial legal precedent, declaring the remand of an accused to police custody, despite such an accused person being granted anticipatory bail, as impermissible. Th...

Over the last couple of decades, there has been a concerted push by the Government to enhance India’s renewable energy capacity. With the focus to gradually shift from fossil fuel to clean energy fo...

As AI continues to impact countries worldwide, the European Union set a groundbreaking precedent with the enactment of the European Union Artificial Intelligence Act, 2024. Effective from August 1, 20...

The Food Safety and Standards Act, 2006 (the Act) governs a wide array of activities in relation to food products and its ingredients including manufacturing, importing, processing, packaging, wholesa...

Presenting Volume XXIII of INDUSLAW’s The Recap, your round-up of legal updates for the media & entertainment and gaming industries. Just as Spike Spie...

As we proceed through the year, it is with great pleasure that we present the second edition of our Intellectual Property Newsletter for 2024. This quarter has witnessed a plethora of noteworthy devel...

Modi Government 3.0 presented the first full Budget on July 23, 2024. As a first full budget of the new coalition government, reforms were expected on several policy, tax and regulatory front. Keepi...

In the backdrop of the fast growing and highly competitive EV Industry, being able to homologate EV and battery products in a quick and efficient manner will help EV and battery manufacturers reduce t...

Acquiring a company by way of a staggered/ tranched acquisition remains a popular method of structuring M&A transactions in the Indian legal landscape. A staggered acquisition involves a strategic inv...

The discussion surrounding introduction of inheritance tax in India has recently been in news. The Modi Government 3.O has denied introduction of inheritance tax. India is at the cusp of long-anticipa...

India and Japan share a dynamic and multifaceted partnership that spans strategic alliances, robust economic ties, and a rich cultural exchange encompassing technology, education, and traditional arts...

India and South Korea share a dynamic and multifaceted partnership that spans across security alliances, robust economicties, and a rich cultural exchange encompassing food, entertainment, and litera...

May marked several sweeping regulatory developments in the fintech space. While the proactive approach of the RBI in monitoring the NBFCs caused a stir, several other key developments also made the he...

Online gaming has garnered a lot of media attention in the recent past, owing to high-pegged demands of approximately INR 1.12 Lakh Crores that has been raised under 71 show cause notices issued by th...

The Reserve Bank of India (“RBI”) issued draft circulars on regulation of payment aggregators – physical point of sale and draft amendments for the PA-PG Guidelines. These draft circulars mark a...

INDUSLAW is pleased to share the inaugural edition of 'The Pulse', a quarterly round-up of the latest developments in the Indian competition law space. As t...

In a significant development, the SEBI has recently approved significant regulatory changes to the framework governing the issuance of listed debt securities and non-convertible redeemable preference ...

Over the last decade India has witnessed a euphoric rise in renewable energy. The sector has seen a growth rate of 396% in the last eight years and currently the combined installed capacity for renewa...

The provisions relating to declaration of significant beneficial ownership (“SBO”) were introduced in the Companies Act, 2013 (“Act”) with effect from June 2018, to prevent misuse of corporate...

On May 3, 2024, IN-SPACe released the "Norms, Guidelines, and Procedures for Implementation of Indian Space Policy-2023" (NGP) to lay down the regulatory framework for authorization of space activitie...

Over the past couple of months, the healthcare industry has witnessed several regulatory developments ensuring best practices for clinical trials, stability studies for in-vitro diagnostics medical de...

On May 27, 2024, the Ministry of New and Renewable Energy issued office memorandums announcing a significant policy shift in relation to Green Hydrogen regime in India. Renewable energy power plants l...

Presenting Volume XXII of INDUSLAW's The Recap, your round-up of legal updates for the media & entertainment and gaming industries. A key theme of some of t...

As the Indian fintech landscape continues to evolve rapidly, April 2024 was no exception as it sparked an exciting kick off to the financial year. The month was inundated with a host of power moves fr...

SEBI on May 18, 2024, published the amendments to the SEBI ICDR Regulations in the official gazette subsequent to the release of interim recommendations by the expert committee on 'Ease of Doing Busin...

The provisions regarding the evidence of an approver are coming to the fore in a variety of hotly contested sensitive and political cases of late. The legal nuances surrounding the rationale, interpre...

As India beckons its golden decade, it will need to match its developmental imperative with its climate change goals. The new green India thus seeks a reliable clean source of energy with round the cl...

In a world where algorithms can compose symphonies, write novels, and paint masterpieces that challenge human imagination, the rise of generative artificial intelligence is nothing short of a digital ...

On May 10, 2024, the Competition Commission of India notified the Competition Commission of India (General) Amendment Regulations, 2024. These regulations amend the provisions of the Competition Commi...

As we embark to the year 2024, we are pleased to present the first edition of our newsletter this year. In this instalment, we delve into a diverse array of legal disputes, scientific breakthroughs, a...

William Gibson's seminal cyberpunk science-fiction novel ‘Neuromancer’ (1984) is often cited for its comment on the accessibility of technological innovations for the masses, artfully captured by ...

India's insurance sector is experiencing remarkable growth, poised to reach USD$ 222 billion by 2026 according to projections by the Insurance Regulatory and Development Authority of India (IRDAI), po...

The INDUSLAW brings you the key regulatory and legal developments in various sectors in India.

The INDUSLAW brings you the key regulatory and legal developments in various sectors in India.

Is it true? Is it necessary? Is it kind?” – this very famous question was posed by Greek philosopher Socrates, to his followers. In essence, he impressed on his followers to ask themselves whether...

The recent enactment of three new criminal laws in India (Bharatiya Nyaya Sanhita, 2023; Bharatiya Nagrik Suraksha Sanhita, 2023; and Bharatiya Sakshya Adhiniyam, 2023) empowers Indian police and judi...

While making an investment in the company, investors negotiate significant governance and exit related rights which enable material participation in the IPO process. However, SEBI has been issuing obs...

On January 29, 2024, the International Financial Services Centre Authority (“IFSCA”) notified the IFSCA (Payment Services) Regulations, 2024, for the regulation and supervision of any person propo...

The Indian competition law regime witnessed important developments in recent times as the Government of India notified relevant key provisions of the Competition (Amendment) Act, 2023, in relation to ...

The Union Government recently notified the modalities of research and development scheme for development of Green hydrogen energy in India along with the first call for proposals from research institu...

Over the past two months, significant strides have been made in reforming marketing practices within the pharmaceutical industry, alongside efforts to establish fair pricing frameworks for both drugs ...

The working group on Direct Listing of Indian Companies on International Financial Services Centre (‘IFSC’) exchanges issued a report in December 2023 identifying key factors for direct listing of...

On March 12, 2024, the Ministry of Corporate Affairs released a report prepared by the Committee on Digital Competition Law which recommended an introduction of an ex-ante legislation specifically app...

The Office of the Principal Scientific Adviser along with the National Deep Tech Startup Policy Consortium, released the Draft National Deep Tech Startup Policy for public feedback. It is a comprehens...

As India prioritizes wellness and self-care, its cosmetics market, especially skincare and haircare products, is thriving. South Korean beauty products (K-Beauty), whether under Indian brands or Korea...

The DPIIT, through Press Note No. 1 of 2024, has amended the Consolidated FDI Policy Circular of 2020 to relax FDI upto 100% in the Indian space sector. These amendments will come into effect from the...

The logistics sector is like the heartbeat of nations, keeping goods moving smoothly through various transportation modes like rail, road, sea, and air. A variety of players ensure goods move smoothly...

SEBI in a consultation paper dated December 28, 2023, has proposed amendments aimed at addressing concerns associated with verification of market rumours. The proposed reforms aim to modify the curren...

In a move towards committing to ease of doing business in India, SEBI recently proposed interim recommendations vide consultation paper dated January 11, 2024 (the “Consultation Paper”). The Consu...

On the night of February 21, 2024, the Union Cabinet, in a historic move, announced its decision to amend the Foreign Direct Investment (FDI) policy in the space sector, by creating new sub-sectors wi...

January 2024 has witnessed significant changes in the regulatory landscape in India, which may have a nuanced impact on the fintech sector in the country. Particularly, the regulatory action taken aga...

Welcome, legal hitchhikers, to another voyage through the dynamic frontiers of the Media and Entertainment (M&E) space. This month, we’re channelling our inner Arthur Dent as we navigate (yet again)...

In response to longstanding stagnation, the Karnataka state government, on February 03, 2024, notified the Karnataka Stamp (Amendment) Act 2023, revamping stamp duty rates for more than 50 legal instr...

India's interim Union Budget for the fiscal year 2024-25 tabled on February 01, 2024, has charted a course that resonates with the nation’s commitment of strengthening supply chains and promoting ec...

Over the past two months, the developments in the healthcare and pharma industry particularly focused on extending the scope of good manufacturing practices for pharmaceutical products and regulating ...

October and November 2023 were not just any other months for the fintech space. From the introduction of new regulations for NBFCs to bringing in some interesting amendments to the Prevention of Money...

Since the inception of the Real Estate (Regulation and Development) Act, 2016 (“Act”), the landscape of dispute resolution under Real Estate Regulatory Authority has seen a major shift. Numerous d...

After land, water, and air, space is the next (last?) frontier that the sovereign states set to explore. The space race started from the launch of Sputnik I in 1957 for exploration and warfare, to now...

The Interim Budget for this year was a Vote on Account Budget considering that General Elections are scheduled this year. During the Budget speech, the Hon’ble Finance Minister summarised the initi...

The month of December 2023 saw several regulatory measures in the fintech space. While the Financial Intelligence Unit-India’s crack down on offshore cryptocurrency platforms made the headlines, we ...

On January 10, 2024, the State of Karnataka brought into effect a law that now requires the employers having establishments in Karnataka to compulsorily obtain an insurance policy to cover their liabi...

While the year 2023 has come to an end and, we look back on the pertinent updates in the field of Intellectual Property Rights and share with you our final edition of the newsletter. As has been th...

INDUSLAW is a multi-specialty Indian law firm with 49 partners and over 180 lawyers across four offices in Bengaluru, Delhi, Hyderabad, and Mumbai. W...

Korea Newsletter covers key legal, regulatory and policy updates from India for the quarter of October 2023 to December 2023

The newly enacted criminal laws, i.e., Bharatiya Nyaya Sanhita, 2023 (“BNS”); Bharatiya Nagarik Suraksha Sanhita, 2023 (“BNSS”); and Bharatiya Sakshya Adhiniyam, 2023 (“BSA”) received the ...

Taglines play a crucial role in establishing and re-enforcing the brand identity and are capable of leaving a lasting impression on the audience. While a tagline / slogan can be protected in India und...

Recently, vide its order, Hon’ble Assam Real Estate Appellate Tribunal at Guwahati has held that since the Appellant did not obtain an occupancy certificate on the date of commencement of the Real E...

In a significant regulatory development, the RBI has recently revamped the regulatory framework for the issuance of Commercial Papers and Money Market NCDs through the issuance of updated Master Direc...

India has been pursuing the goal of electric mobility for several years, with the launch of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) scheme in 2015. As the second p...

As we enter the New Year, the Competition Commission of India, on December 22, 2023, published the draft Competition Commission of India (Determination of Turnover or Income) Regulations, 2023, invit...

The robust growth of e-commerce (expected to reach $350 billion by 2030), advancements in technology, government initiatives and evolving consumer preferences have collectively spurred a transformati...

In a move to make India a hub for global capital flow, Gujarat International Finance Tech-City (“GIFT City”) was established by the Government of India in April 2015 near Gandhinagar, Gujarat, pur...

India is set to overhaul its data privacy regime with the coming into force of the new Digital Personal Data Protection Act, 2023. The new Act introduces a number of key concepts and modifications whi...

‘You are missing out on low prices’ or 'Hurry! Limited Stock!'– sounds familiar? Last minute price surges during flight bookings? Forced to make a quick purchase because several others have the ...

The recent developments in the healthcare and pharma industry primarily focuses on high quality pharmacy education and equitable access to healthcare coupled with classification of certain new medical...

Please find appended below Volume XIX of INDUSLAW’s ‘The Recap’, a periodic round-up of the latest developments in Media, Entertainment and Gaming law...

The Hon’ble National Company Law Appellate Tribunal (New Delhi Bench) (“NCLAT”) in the case of Suraksha Realty Ltd. v. Mr. Anuj Bajpai (“Suraksha Realty”) confirmed the rejection of the clai...

The extension of the mandate of the arbitral tribunal provided in Section 29A(3) of the Arbitration and Conciliation Act, 1996, is a question of law which has invited varied and diverging views of the...

In a much needed clarity on ability of AIFs to enter into the distressed market sector, SEBI has recently issued a consultation paper to enable such ‘special situation funds’ (SSFs) (a distinct cl...

In a landmark decision, a three-judge bench of the Hon’ble Supreme Court, while disposing off over 350 writ petitions, in Dilip B. Jiwarajka v. Union of India and Ors., upheld the constitutional va...

The adoption of artificial intelligence, machine learning and algorithmic trading has marked a radical shift in the securities market sector. With reports evidencing higher number of trades on stock e...

The construction sector in India stands as a foundation of the nation's development, fostering economic growth and infrastructural advancement. However, this growth in the sector should go hand in han...

International ESG Day 2023: While certain concerns, like increased compliance costs and limited investment ecacy, have been raised regarding ESG, the importance of sustainable investing only increases...

Our latest Employment Corner Bulletin addresses the most important developments between August and October 2023 in employment law and HR practices in India. This edition puts a spotlight on certain ch...

In 1865, when the automotive industry was still in its nascent stage, British Parliament enacted a law (which later came to be known as the ‘Red Flag Act’), which placed several unreasonable rest...

In a high-stake matter involving tax amount of approximately INR 19,000 crore, Cognizant India filed an appeal before the Madras High Court against the decision of the Chennai Tribunal. The matter in...

In a landmark decision, the Hon’ble Supreme Court has expanded the scope of Anticipatory Bail, allowing High Courts and Sessions Courts to grant this protective measure even when the FIR is register...

‘Lights, Camera & Action!’ – an iconic expression in the realm of cinema, has also served as a cue for the members of the film crew at the commencement of every take. However, the extent to whic...

September 2023 was another notable month for the fintech sector. With the successful completion of the Global Fintech Festival, 2023, the month was also a testament to the significant impact which Ind...

The process of land acquisition in India varies from state to state and as a result one of the biggest concerns for a prospective buyer is to understand the local laws and gather information prior to ...

Korea Newsletter covers key legal, regulatory and policy updates from India for the quarter of July 2023 to September 2023

INDUSLAW is a multi-specialty Indian law firm with 49 partners and over 180 lawyers across four offices in Bengaluru, Delhi, Hyderabad, and Mumbai. We advis...

In this India chapter of Lexology In-Depth: Global Damages; 6th Edition, the primary focus revolves around the provisions of the Indian Contract Act relating to the award of damages and also includes ...

While foreign managers are not expected to be fully aware of Indian employment laws and all their complexities, it would be beneficial for them to be trained, both from a legal-HR and cross-cultural p...

The global energy landscape is undergoing a transformative shift towards sustainable and economically viable alternatives, with green hydrogen (GH) emerging as a cornerstone. This versatile energy car...

Recently, the High Court of Delhi confronted a peculiar situation where during the pendency of a trademark infringement suit filed in the year 2005, the Defendant’s mark obtained registration from t...

Innovation is central to growth dynamics of any nation. Startup ecosystem serves as the backbone for transforming India into a global hub of innovation and entrepreneurship. It caters to the need of g...

The RBI recently issued the draft RBI (Treatment of Wilful Defaulters and Large Defaulters), Directions, 2023 (Draft Directions) as an attempt to consolidate the framework governing wilful defaulter...

In a significant development, the Supreme Court concluded the debate on whether variable license fee should be classified as capital or revenue expenditure after almost 24 years. The Supreme Court ov...

We are pleased to present to you the latest edition of our newsletter covering updates on all things Intellectual Property. With intriguing shifts in the ever-evolving landscape of patents, trade mark...

The classication of expenditure into capital or revenue has always been a contentiou and despite several ruling of the SC on this matter, this issue is far from being resolved.

Data, an expression that propels the wheels of digital economy also serves as a catalyst for lawmakers to embrace innovation while enacting laws which are aimed at protecting data and strengthening da...

The plausibility of past incidents to incite ripple effects on the future, as aptly addressed by Robert Zemeckis’ 1985 science-fiction film ‘Back to the Future’ closely resonates with the develo...

On October 16, 2023, the Competition Commission of India published the draft Competition Commission of India (Lesser Penalty) Regulations inviting public comments till November 6, 2023. The draft Comp...

This year marks the 50th anniversary of successful diplomatic relations between South Korea and India. The milestone adds a new dimension to the growing relationship, underscored by recent surging Sou...

The global energy landscape is undergoing a transformative shift towards sustainable and economically viable alternatives, with green hydrogen (GH) emerging as a cornerstone. This versatile energy car...

The months of July and August have witnessed significant changes in the regulatory landscape in India, which may have a nuanced impact on the fintech sector in the country. Particularly, the notificat...

The enactment of the new Digital Personal Data Protection Act, 2023 has far-reaching implications on the way internal investigations should be structured. The collection and handling of personal data ...

Martin Luther King Junior famously said, “Of all the forms of inequality, injustice in health is the most shocking and inhumane.” Echoing this assertion, in the recently concluded parliamentary se...

Angel tax valuation rules were finally notified by CBDT on 26 September 2023. The amended rule prescribes various guidelines and valuation methods applicable to resident as well as non-resident inves...

In recent times, several developments in India have improved access to formal credit f MSMEs. The government has taken notable initiatives, such as the Credit Guarantee Fu Trust for Micro and Small En...

While India's Digital Personal Data Protection Act is not yet in effect, the government (hps://economictimes.indiatimes.com/tech/technology/govt-expects-to-implement- new-data-protection-law-within-...

On 21 September 2023, the Supreme Court of India provided much needed clarity on interpretation of Section 13(8) of the SARFAESI Act, 2002, which was amended to permit borrowers to redeem mortgaged pr...

The legal framework for the administration of foreign exchange transactions in India is provided by the Foreign Exchange Management Act, 1999 (FEMA). Under FEMA, all transactions involving foreign exc...

This newsletter from our insurance practice group looks at certain key regulatory and judicial developments during the first half of 2023 (January - June) for the insurance sector in India, including ...

In the realm of financial investments, understanding the mechanics of liquidation preference can be the key to making informed decisions. In this Article, INDUS<...