The Ministry of Corporate Affairs ("MCA") via General Circular No. 03/2023 ("GC 3") has decided to allow additional time of 15 (fifteen) days for filing of forms listed in General Circular No. 01/2023 ("GC 1") without additional fees.

One of the major changes brought in by the Amendment is with respect to the provisions of Corporate Social Responsibility ("CSR").

General meetings are a practical expression of corporate democracy and allow members to have a constructive dialogue with the company's management.

In July 2018, the Ministry of Corporate Affairs had set up a committee to review offences under the Companies Act, 2013 which was asked to make an objective assessment of the existing regulatory framework ...

In this post we discuss the changes introduced to Section 241 of the Companies Act, 2013 ("Act") by the Companies (Amendment) Act, 2019...

In a crucial move that will impact the way financial service providers innovate and how regulators respond to innovation, the Reserve Bank of India has called for applications to its first cohort of entities under its newly announced ...

The Reserve Bank of India (RBI), in a letter dated November 01, 2019, to the National Payments Corporation of India (NPCI) has directed NPCI to ensure that Whatsapp Pay, the payment services leg of the messaging application Whatsapp ...

The Bombay High Court ("Court") on November 28, 2019, in the case S. Satyanarayana & Co. v. West Quay Multisport Private Limited, passed an order clarifying that, if an arbitration agreement specifies a state ...

In response to a call for public suggestions issued vide the Press Communique of the Joint Parliamentary Committee on the Personal Data Protection Bill, 2019, dated February 04, 2020, we have provided our comments ...

The Government's rationale for the move was that MDR and other fees involved in digital payments increased costs for merchants, which disincentivized them from offering digital payment modes to their

An indemnity clause is a standard provision in a contract. By definition, Section 124 of the Indian Contract Act, 1872, defines a ‘contract of indemnity' whereby one party of the contract promises to save the other party from any loss or damage caused to the Indemnified Party, owing to any conduct of the Indemnifying Party.

The Delhi High Court ("Court") in an order dated November 27, 2019 directed the Central Government and the Delhi government to take action towards banning certain offshore betting websites and online poker, ...

The AVPN Conference is the largest social investing convening in Asia that gathers funders and resource providers from across the world to share knowledge, build strategic partnerships

The petitioner argued that online daily fantasy sports are means of luring people to gamble their money by picking a random team of real-life sportsperson and make quick earning

"Moonlighting" is a term used to refer to the practice of taking up another job, while working full-time for a different organisation, typically to supplement the salary received from the full-time employment

Cryptocurrency, and its underlying technology, Distributed Ledger Technology ("DLT") are arguably two of the most polarizing financial developments of the last decade.

In this post, Atulaa breaks down the COVID-19 Regulatory Package announced by the RBI.

India has the 3rd largest startup ecosystem in the world as well as the 3rd highest number of unicorns. In 2019, 7 companies have reached the esteemed unicorn status and 50 more were added to the soon-to-be unicorn list.

Recently I came across this innocuous piece of news that Yash Raj Films ("YRF") has been fined Rs. 10,000 and Rs 5,000 as litigation costs by the National Consumer ...

In response to a call for public suggestions issued vide the Circular of the Ministry of Corporate Affairs, Government of India on the draft Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020, ...