Draft FEM (Guarantees) Regulations, 2025
On August 14, 2025, the Reserve Bank of India (“RBI”) released the draft Foreign Exchange Management (Guarantees) Regulations, 2025 (“Draft...
Restrictive covenants in employment: Delhi High Court holds non-compete clause unenforceable post-termination
Download .pdf Introduction In India, restrictive covenants are subject to strict scrutiny. Just recently, in Vijaya Bank & Anr. v....
Primacy of fair market value assessments in intragroup share transfers
Download .pdf Introduction In the recent case of Bray Controls South East Asia Pte Ltd v. Commissioner of Income (International Taxation), W.P.(C)...
Navigating data protection and compliance in India
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...
India – recent securities law developments
Download .pdf Dematerialization of physical securities of shareholders before filing the DRHP The Securities and Exchange Board of India (the...
FEMA notification confirms legality of bonus shares issued to foreign shareholders in prohibited sectors
Download .pdf On June 11, 2025, the Department of Economic Affairs, Ministry of Finance, Government of India issued Notification S.O. 2549(E) (“2025...