On August 9, 2021, the lower house of the Indian Parliament passed the Limited Liability Partnership (Amendment) Bill, 2021 (LLP Bill). Once the LLP Bill receives the assent of the President, it can be notified. The LLP Bill is the first amendment to the Limited Liability Partnership Act, 2008 (LLP Act) since its enactment.
Majmudar & Partners has put together an analysis of these amendments.
Click here to download the full presentation.
Download .pdf Background On July 30, 2026, the Insurance Regulatory and Development Authority of India (the “IRDAI”) notified the IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) (Amendment) Regulations, 2026 (the “Amendment...
The Reserve Bank of India has recently released draft rules to replace the Foreign Exchange Management (Non-debt Instruments) Rules, 2019. Some important changes are being proposed as regards the fair value at which a foreign buyer can purchase Indian...
Download .pdf Background India is a key destination for cross-border investments, acquisitions and commercial transactions. In this regard, several foreign law firms partner or collaborate with Indian law firms and financial advisors or act independently to...
Swiggy, India’s leading food delivery and quick commerce, company ran into some turbulence in its attempt to make certain corporate governance changes and convert to an Indian owned and controlled company under Indian foreign exchange regulations. Indian...
Download .pdf On May 2, 2026, the Indian government notified two (2) amendments to the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (the “NDI Rules”) to align the NDI Rules with the below listed changes introduced in India’s Foreign Direct Investment...
India’s Ministry of Electronics and Information Technology (“MeitY”) has recently proposed the establishment of the Online Gaming Authority of India (the “Authority”) under the Promotion and Regulation of Online Gaming Act, 2025, thereby seeking to create a dedicated...