A year on, Reserve Bank of India notifies regulations on cross-border mergers
The Companies Act, 1956 permitted inbound mergers, i.e., merger of a foreign company into an Indian company. Even then, there were no foreign...
Fixed term employment permitted under India’s industrial employment standing orders act, 1946
Introduction On March 16, 2018, the Ministry of Labour and Employment notified the Industrial Employment (Standing Orders) Central (Amendment)...
India’s Budget 2018-19: key highlights
Introduction India’s Union Budget (the “Budget”) was announced on February 1, 2018, and the Finance Bill, 2018 (the “Finance Bill”) was tabled in...
India eases foreign investment norms in single brand retail, trading, civil aviation and other key sectors
Introduction On January 10, 2018, the Indian government approved a number of amendments to India’s Foreign Direct Investment Policy (the “FDI...
A critique of the Companies (Amendment) Act, 2018
India’s Companies Act, 2013 Over the last five (5) years, India has adopted a new company law regime under the Companies Act, 2013 (the “Act”) and...
Private equity investments in Indian insurance companies are now permitted
Introduction On December 5, 2017, the Insurance Regulatory and Development Authority of India (the “IRDAI”) issued the IRDAI (Investment by Private...