On National Technology Day, Amrit Mehta, Corporate Partner at Majmudar & Partners, addresses certain key legal issues for tech start-ups in India.
Introduction India’s Union Budget (the “Budget”) was announced on February 1, 2022, and the Finance Bill, 2022 (the “Finance Bill”) was tabled in Parliament. The Finance Bill will be discussed in Parliament before its enactment, and therefore, it is likely that...
As some of the recent IPOs including those of new-age technology, e-commerce, and fintech companies have come under pressure, the SEBI is tightening regulations to avoid an exodus of investors. A cap has also been imposed on the quantum of funds that can be raised...
Background In December 2021, the Union Law Minister tabled the draft Mediation Bill (the “Bill”) in parliament. Due to significant opposition, the Bill was sent to the Committee on Law and Justice for further scrutiny. This article lists out some salient...
Background In December 2019, India’s Ministry of Electronics, and Information Technology tabled the Personal Data Protection Bill, 2019 (the “PDP Bill”) in the Lok Sabha. However, the PDP Bill, as drafted, raised several issues and challenges in implementing a...
Following the Indian Supreme Court decision in March 2020 (see our update on the ruling here), under which the ban on cryptocurrencies was lifted, the Indian government brought out the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021. Although...
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,...