Rukshad Davar, Partner and Head – M&A Practice Group at Majmudar & Partners, was invited by the Association of Corporate Counsel Minnesota to speak on Contracting in India as part of their CLE program.
He covered various topics pertaining to contracting in India like general principles of contracts in India, legal framework and guidelines, restrictive covenants, the dispute resolution process, and more.
The full session is up on the channel. Click on the video to view the session.
The IRDAI has notified three regulations, which came into force on April 1, 2023, that are poised to grant insurers greater freedom in their organizational management and will have a material impact on insurers, insurance intermediaries and insurance agents. ...
In a bid to woo new manufacturing businesses to the state of Karnataka, including the likes of Foxconn (which is Apple’s supplier), the state legislature passed the Factories (Karnataka Amendment) Bill, 2023 to amend the provisions of the Factories Act, 1948 (as...
The Bar Council of India (BCI) has, recently, permitted foreign lawyers to practice foreign law in India in non-litigious matters, subject to compliance with BCI’s registration guidelines. However, appearing in Indian courts, as also advising on real estate...
SEBI has sent out notices to several AIFs for failing to honour the timeline of funds specified in their offer documents. Akil Hirani, Managing Partner, was quoted by IBLJ on the topic. "While some degree of flexibility is needed, as markets are cyclical and...
We are pleased to announce that the firm’s role as buyer’s counsel representing Thrasio Holdings, Inc. (Thrasio) in its acquisition of a majority stake in Lifelong Online Retail Private Limited (Lifelong) has been named among the Deals of the Year 2022 by India...
Currently, under Section 56(2)(viib) of the Income-tax Act, 1961 (ITA), if an Indian private company issues shares to a resident at a premium and the consideration paid for the shares is higher than the fair market value of such shares, then the excess consideration...