We have prepared an easy to reference slide deck on the ban on online money games and its impact on the gaming industry in India.
Download .pdf Background The Insurance Regulatory and Development Authority of India (“IRDAI”) released a public consultation paper last month titled, “Recalibrating Economics of Insurance Distribution” (the “PCP”), inviting stakeholder comments. Aligned with...
Can a transaction that complies with foreign exchange laws at every step still be violative? In Genpact India Private Limited v. Directorate of Enforcement, the Karnataka High Court observed that formal compliance did not by itself end the inquiry under the Foreign...
Download .pdf Background Section 233 of the Companies Act, 2013 (the “Act”) offers an expedited route for specified mergers, including those between: (i) small companies; (ii) a holding company and its wholly-owned subsidiary; or (iii) a prescribed class of...
Download .pdf Introduction In mergers and acquisitions (“M&A”) transactions, timely performance is often critical. Signing, satisfying conditions precedent, obtaining regulatory approvals, paying the purchase price, and closing may all be tied to specific...
Download .pdf Background On July 30, 2026, the Insurance Regulatory and Development Authority of India (the “IRDAI”) notified the IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) (Amendment) Regulations, 2026 (the “Amendment...
The Reserve Bank of India has recently released draft rules to replace the Foreign Exchange Management (Non-debt Instruments) Rules, 2019. Some important changes are being proposed as regards the fair value at which a foreign buyer can purchase Indian...