The Supreme Court (‘SC') in Gayatri Balasamy v. ISG Novasoft Technologies Limited, held, inter alia, that Courts have limited power under Sections 34 and 37 of the Arbitration and Conciliation Act...

On October 16, 2019, the CCI dismissed allegations of violations of Sections 3 and 4 of CA02 against Pernod Ricard India Private

India lacks a dedicated AI statute, but its regulatory landscape is rapidly evolving through legislative amendments, sector-specific guidance, and judicial developments. How can organizations effectively navigate this complex, multi-regulator framework as AI adoption accelerates across industries? AZB & Partners' monthly tracker consolidates key legal, regulatory, and policy developments to provide clarity in this dynamic environment.

In order to provide hassle-free tax environment to the start-ups, a series of announcements had been made by the Finance Minister in her Budget Speech of 2019 and also on August 23, 2019

The Delhi High Court[1] (‘Delhi HC’) recently reaffirmed the settled legal principle that, in the absence of a specific statutory provision under the IT Act 1961, the income of a company cannot be taxed in the hands...

As part of the IndiaAI mission and following the recommendations of the AI Report on Governance issued on January 06, 2025, the Government of India through its Ministry of Electronics and Information Technology (‘MeitY')...

On August 22, 2019, CCI approved the acquisition of 49% of the total equity share capital of Mahindra Asset Management Company Private Limited (‘Mahindra AMC') and Mahindra Trustee Company Private Limited

On November 14, 2019, CCI approved the acquisition of additional 3.28% of the issued and paid up share capital of Delhivery Private Limited (‘DPL'), a third party logistics (‘3PL') player, by SVF...

On June 3, 2019, CCI approved the acquisition of up to 75% shareholding of Essel Propack Limited (EPL) by Epsilon Bidco Pte. Limited (Epsilon) an affiliate of funds (collectively, referred to as ‘Parties')

The Indian Supreme Court has overturned a landmark penalty imposed by the Competition Commission of India on Amazon, establishing critical boundaries on the antitrust regulator's enforcement powers. This decision addresses fundamental questions about merger notification requirements, the scope of regulatory authority, and procedural fairness in competition law proceedings. The ruling has significant implications for foreign investment and the predictability of India's regulatory framework for cross-border t

On November 3, 2025, the Ministry of Corporate Affairs (‘MCA') issued the Companies (Meetings of Board and its Powers) Amendment Rules, 2025 (‘MBP Amendment')...

The Ministry of Corporate Affairs has introduced a three-month compliance facilitation window allowing companies to regularize their filing status under significantly reduced penalty structures.

On June 9, 2025, US Deputy Attorney General Todd Blanche issued a memorandum of new guidelines to federal prosecutors for investigations and enforcement of the Foreign Corrupt Practices Act, 1977 (the "FCPA").

Further to the update on the proposed reservation for PWDs in our email of November 07, 2025, we write to update you that the Government of Karnataka has now published the draft Karnataka Rights...

We wanted to update you on a significant (proposed) development for private establishments in Karnataka.

RBI has, by way of a Notification dated November 13, 2025, amended the Foreign Exchange Management (Export of Goods & Services) Regulations, 2015 (‘Export Regulations') to extend key statutory timelines...

The Reserve Bank of India has introduced a new classification system for Non-Banking Financial Companies, fundamentally changing registration requirements based on public funding access, customer interface, and asset size thresholds. These regulatory changes create distinct compliance pathways for different NBFC categories while introducing new rules for group entities and overseas investments.

SEBI has, by way of a Circular dated June 5, 2025, established a new Framework for Environment, Social and Governance (‘ESG') Debt Securities.

Securities and Exchange Board of India (‘SEBI’) has notified the SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2026 by way of Notification No. SEBI/LAD-NRO/GN/2026/299...

The Reserve Bank of India has introduced comprehensive new regulations consolidating the entire export-import framework, set to take effect from October 2026.