The Reserve Bank of India is proactively taking steps to ensure that customer payment data is processed and stored in India and is initiating actions against any company (including multinationals) who are in breach.
Please view our discussion on the factual matrix and implications in this brief presentation.
About the Author
Swati Agrawal is an Associate at Majmudar & Partners.
We have prepared an easy to reference slide deck on the ban on online money games and its impact on the gaming industry in India. Download .pdf
Download .pdf The Bar Council of India (the “BCI”) notified the Bar Council of India Rules for Registration and Regulation of Foreign Lawyers and Foreign Law Firms in India, 2022 (the “Erstwhile BCI Rules”), in March, 2023, permitting foreign lawyers and law firms to...
On August 14, 2025, the Reserve Bank of India (“RBI”) released the draft Foreign Exchange Management (Guarantees) Regulations, 2025 (“Draft Regulations”) for public comments. The Draft Regulations seek to replace the Foreign Exchange Management (Guarantees)...
Download .pdf Introduction In India, restrictive covenants are subject to strict scrutiny. Just recently, in Vijaya Bank & Anr. v. Prashant B. Narnaware, 2025 INSC 691, India’s Supreme Court, while specifying that its ruling should not be treated as...
Download .pdf Introduction In the recent case of Bray Controls South East Asia Pte Ltd v. Commissioner of Income (International Taxation), W.P.(C) 17911/2024, the Delhi High Court (the “HC”) examined an intragroup transfer of shares and highlighted the importance of a...
India’s Digital Personal Data Protection Act, 2023 imposes a consent requirement prior to processing of personal data and also gives a right to the consent giver to withdraw consent and have the data erased. The draft Digital Personal Data Protection Rules, 2025,...