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Search results: Companies Act


Privacy law and its commercial implications

By Manoj Kumar, Hammurabi & Solomon
On its way to becoming a US$5 trillion economy with nearly 500 million web users, India is second only to China as the largest online market in the world. Increased net penetration, exponential increases...
rising star

Rising Stars 2019

India Business Law Journal presents its list of 50 up and coming law firms Jostling for position, arguably a useful skill when employed in moderation, has been elevated to a high art form in India,...

In the hot seat

Milton Cheng was recently elected as the firm’s new global chair, following the death in April of his predecessor, Paul Rawlinson. He is the firm’s first Asian chair and was previously the managing partner...

Insolvency and related considerations for directors

By Shivaji Bhattacharya and Prateek Sharma, S&R Associates
Directors of a company in financial difficulty should be aware that their conduct may be subject to close scrutiny if the company falls into insolvency under the Insolvency and Bankruptcy Code, 2016, as amended....

Open for business

The government recent relaxed foreign investment requirements in areas such as single brand retail and contract manufacturing to outside players. Dipti Lavya Swain assesses the move The Indian government recently announced several measures intended to...

Progress against harassment

Amit Wadhwa and Puneet Gupta analyze how courts are dealing with prosecutions and issues facing internal complaints committees following incidents of sexual harassment in the workplace Under India’s legal framework, in the past incidents of...

FAQs for encumbrance definition raise concerns

By Yogesh Chande and Preeti Kapany, Shardul Amarchand Mangaldas & Co
The concept of encumbrance was cursorily adopted in the Securities and Exchange Board of India (SEBI) (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (takeover regulations). The takeover regulations defined an encumbrance in connection...

Are electric vehicles sparking into life at last?

By Abhishek Tripathi and Anura Gupta, Sarthak Advocates & Solicitors
There is little doubt that the future of mobility lies with electric vehicles (EVs). The environmental catastrophe that befalls most Indian cities every winter makes it vital for the government to push for faster...

EVs: Driving towards a sustainable environment

By Dipti Lavya Swain and Ketaki Dandiya, HSA Advocates
Automaker Mercedes Benz may have sold 600 units during Diwali, but the automobile sector as a whole is at a low point, forcing the government to assist the massive employment creating sector that contributes...

Methods to levy indirect tax on e-commerce players

By Gautam Khurana and Mamta Saluja, India Law Offices
When e-commerce began nearly two decades ago, merchants and customers operated in a nearly tax-free regime, as the low volume of transactions did not attract government attention. With e-commerce becoming a multibillion-dollar segment and...

News in Brief

Co-founder starts disputes firm Arush Khanna, the co-founder and a partner at Trinaya Legal, has started Numen Law Offices with lawyers George Thomas, Lakshmi Raman and Chaitanyaa Bhandarkar. The firm is a dispute resolution and...

Adani Gas sells large stake to Total

Total and Adani have signed definitive agreements to deepen their partnership to supply and market natural gas in India. Total will acquire a 37.4% stake in Adani Gas for ₹61 billion (US$864 million). The...

Advent fully acquires lingerie brand Enamor

Private equity firm Advent International has acquired a 100% stake in Enamor, a premium women’s innerwear brand in India, from India Alternatives, Faering Capital and the promoters for a combined equity value of ₹3.2...

RBI clarifies data localization norms

On 26 June 2019, the Reserve Bank of India (RBI) issued clarifications on data localization. Two significant clarifications are: (1) where processing of a payment transaction happens overseas, then the payment systems data (including end-to-end...

Amended rules target board transaction powers

The central government notified the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2019 on 18 November 2019. The amendment rules amend sub-clause 3 of rule 15 of the Companies (Meetings of...

Take the chains off business

Recent moves to decriminalize violations of corporate and tax law are welcome, writes Nitin Mittal With the Central Board of Direct Taxes (CBDT’s) recently introduced circular, on 9 September, which eases norms for initiating prosecution...
think big

The future of leadership

Call to action for best and brightest Only time will tell whether young environmentalist Greta Thunberg’s stinging words of “How dare you!”, delivered to the UN with such vehemence, will have succeeded in hammering home...
billing rates

Law firm billing rates survey 2019

India Business Law Journal’s 2019 billing rates survey finds legal fees rising, but a difficult economy is putting pressure on law firms' margins. Vandana Chatlani reports India’s economy is in dangerous waters. In August, data...

Framing a future

What will happen to India’s iconic law firms when the time comes for their well-known promoter partners to bow out? Vandana Chatlani reports India’s corporate law firms have invested much time and money on practice...

The A-List 2019

India Business Law Journal reveals the country’s top lawyers and legal icons in 2019 ACCESS THE A-LIST 2019 The fourth annual edition of the A-List is a continuation of India Business Law Journal’s efforts to recognize...