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Legal Developments - Law Firm Thought Leadership by Clasis Law

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HIRING DYNAMICS IN INDIA: WORKER CLASSIFICATION, RISKS AND STRATEGIES

Clasis Law | April 30, 2024

An organization planning to expand its workforce often encounters challenges in determining the suitability of workers for its operations.

Clasis Law secures landmark decision on payment by the insurance company under IBC

| January 8, 2024

The Bench comprising of Mr. Justice Ashok Bhushan (Chairperson) and Mr. Barun Mitra (Technical Member) of Hon’ble National Company Law Appellant Tribunal,

RBI framework for cross-border payment aggregators: A shift in regulatory approach

| December 5, 2023

In March 2020, the Reserve Bank of India (RBI) issued the guidelines to regulate the activities of the domestic payment aggregators (Domestic PA Framework)[1] and mandated the payment aggregators (PAs)[2] to seek authorisation from the RBI for their payment aggregation business.

Reverse Flipping of Start-ups to the Gift City: Key Recommendations of the IFSCA Committee

| September 11, 2023

The expert committee constituted by the International Financial Services Centres Authority (IFSCA) has submitted its report titled ‘Onshoring the Indian Innovation to GIFT IFSC’[1].

Family Office(s) in Gift City: An Attractive Option to Invest and Manage the Family Funds

| July 31, 2023

The concept of family office has gained prominence in India over the past 8-10 years, especially due to an increase in the number of the high net worth individuals (HNIs) who have started exploring the family office as one of most efficient and effective means for investment, wealth management and succession planning.

RBI Guidelines on First Loss Default Guarantee: A Credit Line for Fintech Players

| June 27, 2023

The Reserve Bank of India (RBI) had constituted a working group in January 2021 to study all aspects of digital lending activities by regulated and unregulated entities/players in the financial sector with an aim to regulate the digital lending in India.

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