A NOD TO SWAPS AND DEFFERRED CONSIDERATION IN DOWNSTREAM INVESTTMENT: unlock the foreign investment regime in India
I. Introduction The Foreign Exchange Management Act, 1999 (the “FEMA”), along with the Foreign Exchange Management (Non-debt Instruments) Rules,
A Nod For Swaps And Deferred Consideration in Downstream Investment: Unlocking the Foreign Investment Regime in India
I. Introduction The Foreign Exchange Management Act, 1999 (the “FEMA”), along with the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 (the “NDI Rules”), constitutes the primary legal framework governing foreign equity investments (both direct and indirect) in India. Additionally, instructions issued on foreign investment in India and its related aspects under the FEMA in the …
The Draft Digital Personal Data Protection Rules, 2025: Key Takeaways
On January 3, 2025, the Ministry of Electronics and Information Technology, Government of India (“Ministry”) issued the draft Digital Personal Data Protection Rules, 2025 (“Draft Rules”) for public consultation.
EXCLUSION CLAUSES IN CONTRACTS BARRING A CLAIM FOR DAMAGES
I. Introduction Section 73 of the Indian Contract Act, 1872 (“Contract Act”) is a statutory declaration of the right of a party to claim damages for a loss or damage caused by breach of the contract.
Assessing Damages in Construction Contracts – Part II
I. INTRODUCTION This is the second part of our series on the subject of damages in construction and infrastructure disputes. The first part can be accessed, here.
The Exclusive Jurisdiction of Courts regarding Wills -Scope for arbitration/mediation of disputes arising out of a Will
I. Introduction A probate[1], as per the Indian Succession Act, 1925 (“Succession Act”), means a copy of a will[2] certified under the seal of a court of competent jurisdiction with a grant of administration to the estate of the testator.
Angel Tax and the (un)Ease of Doing Business in India
I. Introduction The provisions relating to angel tax in the Income Tax Act, 1961 (“IT Act”) were primarily introduced to regulate funding received by unlisted companies from angel investors and specifically, to curb money laundering and funnelling of black money into the start-up ecosystem.
GREEN HYDROGEN (SERIES II): A PRACTICAL INSIGHT INTO GREEN HYDROGEN PROJECT DEVELOPMENT
I. INTRODUCTION The green hydrogen sector has seen rampant development in recent years with the international community showing significant interest in reducing the reliance on fossil fuels and preventing harmful climate change.
REGULATING AI
It is undeniable that over the last 2 (two) decades or so, technology has taken a huge leap forward.
CHANGES TO THE MERGER CONTROL REGIME IN INDIA – COMPETITION LAW UPDATE
Recently the Indian Parliament approved the Competition (Amendment) Bill, 2022 (“Bill”) which introduces significant changes to the Competition Act, 2002 (“Act”).