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India’s Supreme Court upholds the right to freedom of speech and expression

by Majmudar & Partners | Mar 26, 2015 | Disputes and Arbitration, Technology, Telecommunication and Media

Introduction On March 24, 2015, the Hon’ble Supreme Court of India (the “SC”) pronounced its judgment on constitutional validity of Sections 66A, 69A and 79 of the Information Technology Act, 2000 (the “IT Act”) and the Information Technology (Intermediary Guidelines)...

India – key changes affecting foreign investment in the insurance sector

by Majmudar & Partners | Mar 13, 2015 | Foreign Investment, Insurance Law

Introduction On December 26, 2014, the President of India promulgated the Insurance Laws (Amendment) Ordinance, 2014 (the “Ordinance”) to amend the Insurance Act, 1938 (the “Act”), the General Insurance Business (Nationalisation) Act, 1972, and the Insurance...

Proposed amendment to India’s arbitration law: will it have the desired effect?

by Majmudar & Partners | Feb 27, 2015 | Disputes and Arbitration

Introduction The Arbitration and Conciliation Act, 1996 (the “Act”), was enacted by the Parliament of India to consolidate and amend the law relating to domestic arbitration and enforcement of foreign awards. One of the main objectives of the Act was to minimise the...

Recent changes to India’s foreign exchange regulations

by Majmudar & Partners | Feb 18, 2015 | Corporate/M&A, Foreign Investment, Private Equity and Venture Capital

This update discusses certain key changes to India’s foreign exchange regulations implemented in the past few weeks Liberalization of the limit under the Liberalized Remittance Scheme (“LRS”) In the bi-monthly monetary policy statement released on February 3, 2015,...
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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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