Key legal issues for tech start-ups in India

Restrictive covenants in employment: Delhi High Court holds non-compete clause unenforceable post-termination

Aug 7, 2025

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...

Primacy of fair market value assessments in intragroup share transfers

Jul 24, 2025

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...

Navigating data protection and compliance in India

Jul 17, 2025

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,...

India – recent securities law developments

Jul 11, 2025

Download .pdf Dematerialization of physical securities of shareholders before filing the DRHP The Securities and Exchange Board of India (the “SEBI”) has, recently, approved amendments to the SEBI (Issue Capital and Disclosure Requirements) Regulations, 2018 (the...

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...

Key legal issues for tech start-ups in India

More Insights

Restrictive covenants in employment: Delhi High Court holds non-compete clause unenforceable post-termination

Primacy of fair market value assessments in intragroup share transfers

Navigating data protection and compliance in India

India – recent securities law developments

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

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