Impact of new employment laws on business

FEMA notification confirms legality of bonus shares issued to foreign shareholders in prohibited sectors

Jun 24, 2025

Download .pdf On June 11, 2025, the Department of Economic Affairs, Ministry of Finance, Government of India issued Notification S.O. 2549(E) (“2025 Notification”) amending Rule 7 of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 (the “NDI...

Enforceability of employment bonds in India: SC clarifies Indian Contract Act provisions

Jun 3, 2025

Download .pdf Introduction In the recent case of Vijaya Bank & Anr. v. Prashant B. Narnaware (2025 INSC 691), India’s Supreme Court (the “SC”) examined the validity of an employment bond, which requires an employee to pay liquidated damages to the employer in case...

Supreme Court directs status quo to be maintained in the liquidation of Bhushan Power and Steel Ltd.

May 28, 2025

Download .pdf Introduction In Kalyani Transco v. M/s Bhushan Power and Steel Ltd. (2025 INSC 621), the Supreme Court (the “SC”) set aside the approved resolution plan (the “Resolution Plan”) and directed liquidation of Bhushan Power and Steel Ltd. (“BPSL”) negating...

The evolving state of play for entry of foreign law firms in India: BCI notifies revised rules

May 23, 2025

Download .pdf The Bar Council of India (the “BCI”) has, recently, revised and re-notified the Bar Council of India Rules for Registration and Regulation of Foreign Lawyers and Foreign Law Firms in India, 2022 (the “Revised BCI Rules”). The Revised BCI Rules aim...

Data protection and cross-border data transfer: Navigating legal compliance

May 17, 2025

On World Telecommunication and Information Society Day, we reflect on the role of data protection in a digitally connected world. With the DPDP Act set to reshape India’s privacy framework, we have compiled our insights on navigating the evolving legal landscape...

Forfeiture of gratuity does not require criminal conviction as a prerequisite

May 12, 2025

Download .pdf Introduction In the recent case of Western Coal Fields Ltd. v. Manohar Govinda Fulzele, 2025 INSC 233, the Supreme Court (“SC”) held that an employee’s gratuity can be forfeited in case of proven misconduct for an offence involving moral...

Impact of new employment laws on business

More Insights

FEMA notification confirms legality of bonus shares issued to foreign shareholders in prohibited sectors

Enforceability of employment bonds in India: SC clarifies Indian Contract Act provisions

Supreme Court directs status quo to be maintained in the liquidation of Bhushan Power and Steel Ltd.

The evolving state of play for entry of foreign law firms in India: BCI notifies revised rules

Data protection and cross-border data transfer: Navigating legal compliance

Forfeiture of gratuity does not require criminal conviction as a prerequisite

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