Key legal issues for tech start-ups in India

May 11, 2021

On National Technology Day, Amrit Mehta, Corporate Partner at Majmudar & Partners, addresses certain key legal issues for tech start-ups in India.

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Delhi ITAT rejects the “Back-Office = PE” equation

Download .pdf In the case of Concentrix CVG Customer Management Group, Inc. v. Deputy Commissioner of Income Tax (ITA No. 7727/Del/2017 & Ors., order dated September 30, 2025), the Income Tax Appellate Tribunal, Delhi (the “Delhi ITAT”), ruled that Concentrix CVG...

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Draft FEM (Guarantees) Regulations, 2025

On August 14, 2025, the Reserve Bank of India (“RBI”) released the draft Foreign Exchange Management (Guarantees) Regulations, 2025 (“Draft Regulations”) for public comments.  The Draft Regulations seek to replace the Foreign Exchange Management (Guarantees)...

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