The SEBI has released a consultation paper on the preferential issue guidelines prescribed under Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (the “ICDR Regulations”), along with the recommendations discussed below.
Rukshad Davar, Partner & Head of Transactions Practice at Majmudar & Partners, has compiled an analysis on these changes.
Compliance with India’s foreign investment regulations is now more critical than ever. The Enforcement Directorate has initiated a number of investigations, especially in the fintech, e-commerce and similar sectors, where the purpose of foreign investment is...
Download .pdf In the case of Concentrix CVG Customer Management Group, Inc. v. Deputy Commissioner of Income Tax (ITA No. 7727/Del/2017 & Ors., order dated September 30, 2025), the Income Tax Appellate Tribunal, Delhi (the “Delhi ITAT”), ruled that Concentrix CVG...
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...