Unravelling Go Air’s Insolvency Journey: Key Insights and Future Implications
Recently, GoAirlines India Limited (formerly known as Go Air and now as GoFirst) filed a voluntary insolvency proceeding under Section 10 of the Insolvency and Bankruptcy Code,
New RBI IT Outsourcing Directions and Key Takeaways for Fintech Agreements
On April 10th, 2023 Reserve Bank of India (“RBI”) issued fresh directions to financial institutions (also referred to as “Regulated Entities”), concerning outsourcing of information technology (“IT”) services and IT-enabled services (“ITeS”) to third-party service providers (whether or not belonging to the same group of companies as that of the financial institution), titled the ‘Reserve …
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SEBI, Start-ups & Valuation for IPOs: Part II OF III
In our previous article, we discussed how the market watchdog SEBI is scrutinising PE/VC fundraising by start-ups. The market regulator recently held a board meeting specifically eyeing improving the insider trading regulations and including key performance indicators for investors’ benefit. So, in part II of our series, we are going to discuss key takeaways from …
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SEBI, Start-ups & Valuation for IPOs: Part I OF III
SEBI scrutinises Start-Ups in India raising funds from the PE/VC funds
The Draft Personal Data Protection Bill, 2022 (Part II)
Presenting Part II of answering all your questions on the recent personal data protection bill released by MeitY, India.
5 things to know before facing the Enforcement Directorate under the PMLA, 2002
The Supreme Court of India through its seminal judgement in Vijay Madanlal Choudhary & Ors. v. Union of India & Ors. [SLP(Crim.) No. 4634 of 2014] shaped the contours of the Prevention of Money Laundering Act, 2002 (PMLA) in India. The SC in this case upheld the powers of the Enforcement Directorate (ED) to investigate …
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