by Majmudar & Partners | Aug 24, 2021 | Disputes and Arbitration, Technology, Telecommunication and Media
Online fantasy sports (“OFS”) have seen a major surge in India in the last few years. This has resulted in questions being raised on the legality of OFS platforms (i.e., OFS platforms encourage pure gambling and are not “games of skill”) before different High...
by Majmudar & Partners | Aug 19, 2021 | Banking and Finance, Corporate/M&A
Background In 2020, the Reserve Bank of India (RBI) issued guidelines to regulate payment aggregators and payment gateways. The existing framework mandates banks and NBFCs to follow various rules for outsourcing of financial services, which include...
by Majmudar & Partners | Aug 17, 2021 | Securities Law
The Securities and Exchange Board of India (SEBI) recently approved changes to a number of regulations, which inter alia introduced stringent norms for independent directors, approved a shift away from the concept of “promoters”, and relaxed...
by Majmudar & Partners | Aug 13, 2021 | Tax
Background The taxability of capital gains arising from the transfer of shares of a foreign company that derives substantial value from Indian assets (commonly referred to as an indirect share transfer) has been a litigative issue in India. In January 2012, in...
by Majmudar & Partners | Aug 9, 2021 | Policy & Governance Updates
Majmudar & Partners has compiled a presentation that analyzes and scrutinizes the various initiatives to combat Climate Change in India. The presentation contains information regarding regulations, laws and measures taken by the Indian administration to curb the...
