by Majmudar & Partners | Apr 20, 2020 | Policy & Governance Updates, Technology, Telecommunication and Media
On April 7, 2020, the Rajasthan High Court (HC) quashed a complaint registered against Jack Dorsey, head of the social media networking site “Twitter” and Anna M. M. Vetticad (Anna), a journalist and film critic, for hurting the feelings and religious sentiments of...
by Majmudar & Partners | Apr 15, 2020 | COVID-19, Employment Law, Policy & Governance Updates
On March 24, 2020, in order to prevent the spread of the Novel Coronavirus (COVID-19), the Indian government imposed a mandatory countrywide lockdown of all offices and establishments until April 14, 2020. Only essential services providers were allowed to function,...
by Majmudar & Partners | Apr 13, 2020 | Securities Law, Tax
In September 2019, with a view to easing the regime for investments by foreign portfolio investors (“FPIs”), the Securities and Exchange Board of India (the “SEBI”) notified the SEBI (FPI) Regulations, 2019, which replaced the erstwhile SEBI (FPI) Regulations, 2014....
by Majmudar & Partners | Apr 8, 2020 | COVID-19, Disputes and Arbitration
Tolling of the statute of limitation As a result of the health emergency situation arising out of the COVID-19 pandemic, with effect from March 15, 2020 until further orders, India’s Supreme Court (SC), in exercise of its extraordinary powers under Article 142 of the...
by Majmudar & Partners | Apr 2, 2020 | Technology, Telecommunication and Media
Introduction and implications in a nutshell As per the Reserve Bank of India’s (the “RBI”) Annual Report, the number of card payment transactions carried out through credit cards and debit cards during 2018 and 2019 was 1.8 billion and 4.4 billion, respectively....