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  • Article

    Employee Severance Limit Doubled: A Gratuitous Act By The Indian Government!

    The Payment of Gratuity Act, 1972 provides for payment of severance in the form of gratuity upon employment termination.
    IndiaEmployment and HR
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    RBI Greenlights Its Fintech Regulatory Sandbox! - Application Window Begins November 15, 2019

    The Reserve Bank of India (RBI), India's central bank, had earlier in August prescribed detailed guidelines and an operational framework on a regulatory sandbox to be set up in the fintech space
    IndiaTechnology
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Foundation Holdings And Ryan Group's Joint Ventue; Acquistion Of Pearson's Managed Schools Business

    Foundation Holdings and Ryan International Group have formed a joint venture under the brand ‘Ryan EduNation' to expand footprints in K-12 education in India.
    IndiaConsumer Protection
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Green Growth Equity Fund Obtains £240 Million In Commitments From The Governments Of India And The UK As Part Of Its First Closing

    On April 18, 2018, India' Prime Minister, announced the setting up of a joint India-UK Green Growth Equity Fund (the "Fund"), during his visit to the UK.
    IndiaGovernment, Public Sector
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Drone Law & Policy Developments In India – Welcoming Drones In 2020

    Year 2019 kept a majority of stakeholders in the Indian drone ecosystem busy with the task of achieving new technical standards to become compliant with the regulatory framework for drone
    IndiaTransport
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    India—Supreme Court Holds Non-Signatory Cannot Be Impleaded Without Establishing An Intention To Be Bound By Arbitration (Reckitt India v Reynders India)

    In this piece, Sahil Kanuga and Siddharth Ratho of the International Dispute Resolution and Investigations practice analyze and discuss a recent decision of the Supreme Court
    IndiaLitigation, Mediation & Arbitration
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    SEBI's Big Bang Changes: Impact Analysis

    The Securities and Exchange Board of India ("SEBI") at its board meeting held on August 16, 2012 has introduced substantial reforms to the primary and secondary market
    IndiaCorporate/Commercial Law
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Vodafone Decision: All Is Not Lost, Perhaps Nothing

    The High Court of Bombay has just upheld the Indian Revenue Department's jurisdiction to proceed against Vodafone on its USD 11.1 billion acquisition of Hutchison's Indian telecom operations back in February 2007.
    IndiaCorporate/Commercial Law
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Is Fraud Open To Arbitration?

    Arbitrability of fraud has been one of the contentious issues in arbitration.
    IndiaCriminal Law
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Tech-ing On Corruption

    Scams relating to public procurement and government approvals have generally entailed key individuals exercising discretion in favour of a (generally) undeserving party against a more deserving party.
    IndiaCriminal Law
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Employment Contracts In India: Enforceability Of Restrictive Covenants

    The employer-employee relationship is, and has always been, in a constant state of evolution. As the nature of this relationship evolves and changes,...
    IndiaEmployment and HR
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    India's Federal Labour Law On Payment Of Wages - Increase In Salary Threshold

    The Indian government has increased the monthly salary threshold for applicability of the Payment of Wages Act, 1936 ("Wages Act"), from Rs. 18,000 (~US$280) per month to Rs. 24,000 (~US$375) per month.
    IndiaEmployment and HR
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Injunction Against Former Employee For Defamation

    The Bombay High Court has acted swiftly in restraining a former employee ("Defendant") from posting defamatory content on social media against his employer.
    IndiaEmployment and HR
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Successor Employer Held Liable For Social Security Default Prior To Transfer

    Transferor entity had defaulted on its social security obligations towards its employees, prior to the date of transfer.
    IndiaEmployment and HR
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Risk Classification Of Medical Devices And IVDs Published! Countdown For January 1, 2018 Begins!

    On November 1, 2017, India's central medical device regulator, the Central Drugs Standards Control Organization, published a revised risk classification of medical devices and IVDs...
    IndiaFood, Drugs, Healthcare, Life Sciences
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    E-Mobility: A Sustainable Automotive Future

    The automobile industry of the 20th century was dominated by western automobile manufacturers from the United States and other European nations.
    IndiaGovernment, Public Sector
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Why India's Model Bilateral Investment Treaty Needs A Thorough Relook

    It is good news that India has not completely abandoned its BIT regime, but not more than one country adopting the 2016 model BIT is sufficient indication of infirmities in the model
    IndiaGovernment, Public Sector
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    New Data Protection Law Proposed In India! Flavors Of GDPR

    Therefore, at this stage the full impact of the proposed law cannot be comprehended in entirety.
    IndiaPrivacy
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    A Post-GST Regime Must Ensure There Are No Remnants Of A Legacy Tax Regime

    Assignificant as the Constitution Bill (Amendment Bill) 2014 being passed in Parliament is, the passage of a single goods and services tax (GST) law would be even more unprecedented.
    IndiaTax
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Demonetizing Our Way To The Digital World

    Every disruption creates opportunities. The demonetization also offers us an opportunity to leap frog from the millennia-old physical world of currency to the emergent digital world.
    IndiaTechnology
    Nishith Desai Associates
    Nishith Desai Associates

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