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India’s IRDAI overhauls the insurance company share transfer and amalgamation framework

by Majmudar & Partners | Aug 17, 2026 | Insurance Law

Download .pdf Background On July 30, 2026, the Insurance Regulatory and Development Authority of India (the “IRDAI”) notified the IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) (Amendment) Regulations, 2026 (the “Amendment...

India releases draft foreign investment rules: Implications for foreign investors

by Majmudar & Partners | Aug 12, 2026 | Foreign Investment

The Reserve Bank of India has recently released draft rules to replace the Foreign Exchange Management (Non-debt Instruments) Rules, 2019.  Some important changes are being proposed as regards the fair value at which a foreign buyer can purchase Indian...

Can one person simultaneously hold two Key Managerial Personnel (KMP) offices in India?

by Majmudar & Partners | Aug 3, 2026 | Authored by Akil Hirani, General

Download .pdf Background On June 29, 2026, the Registrar of Companies, Gwalior (“ROC”), in the matter of EKI Energy Services Limited (“EESL”/ “Company”), adjudicated that an individual cannot simultaneously hold the office of whole-time director (“WTD”) and chief...

Important tax considerations for foreign law firms rendering services in India

by Majmudar & Partners | Jul 28, 2026 | Tax

Download .pdf Background India is a key destination for cross-border investments, acquisitions and commercial transactions.  In this regard, several foreign law firms partner or collaborate with Indian law firms and financial advisors or act independently to...

Recent developments at Swiggy: Did investors block a bona fide push to ease FEMA compliance or thwart an opportunistic move to consolidate power?

by Majmudar & Partners | Jun 3, 2026 | Policy & Governance Updates

Swiggy, India’s leading food delivery and quick commerce, company ran into some turbulence in its attempt to make certain corporate governance changes and convert to an Indian owned and controlled company under Indian foreign exchange regulations.  Indian...
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Majmudar & Partners (previously known as Majmudar & Co.), founded in 1943, is one of India’s premier law firms, serving an impressive roster of global corporations, major banks, and financial institutions, blending over 75 years of legal excellence with modern, international best practices.

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