January 22, 2025
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Consent Requirements under the Draft DPDP Rules – A Com...
The Ministry of Electronics and Information Technology (Meity) released the Draft Digital Personal Data Protection Rules, 2025 ("Draft Rules") on January 3, 2025. The Draft Rules, introduced to supplement the implementation of the Digital Personal Data Protection Act, 2023 ("DPDP Act"), mark a significant step forward in regulating and safeguarding the use of personal data. ......
January 15, 2025
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
LEGAL PERSPECTIVES ON AI GOVERNANCE IN INDIA: A SUMMAR...
Artificial Intelligence ("AI") holds transformative potential for India’s economy and society. However, this power also brings legal, ethical, and regulatory challenges that necessitate a comprehensive governance framework. The "Report on AI Governance Guidelines Development" ("Report") outlines India’s roadmap for addressing these challenges through a legally sound and inclusive approach. ......
January 8, 2025
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Examining the Draft Digital Personal Data Protection Ru...
On January 3, 2025, the Ministry of Electronics and Information Technology ("MeitY") notified the draft Digital Personal Data Protection Rules, 2025 (the "Draft Rules") under the Digital Personal Data Protection Act, 2023 (the "Act"). The Draft Rules aim to operationalize the Act by laying down the rules and standards necessary for the implementation of the same. ......
January 1, 2025
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Examining the Draft Bill on Unregulated Lending Activit...
On December 13, 2024, the Ministry of Finance introduced the Banning of Unregulated Lending Activities (Draft) Bill ("Bill"). This Bill was based on a report submitted by the Reserve Bank of India's ("RBI") working group on digital lending. The Bill envisages the banning of all lending entities that are: (a) not authorized by the RBI or other regulators; and (b) not registered under any other law to undertake a public lending business activity. . . . ...
December 25, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
INTERCEPTION RULES 2024: BALANCING SURVEILLANCE AND PRI...
The Department of Telecommunications ("DOT") has notified the Telecommunications (Procedures and Safeguards for Lawful Interception of Messages) Rules 2024 ("Interception Rules") vide its notification dated December 6, 2024, replacing the extant Indian Telegraph Rules 1951. ......
December 18, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
OPERATIONAL FRAMEWORK FOR RECLASSIFICATION OF FOREIGN P...
On November 11, 2024, the Reserve Bank of India ("RBI"), notified an operational framework for reclassification of Foreign Portfolio Investment ("FPI") to Foreign Direct Investment ("FDI") , once it exceeds the threshold percentage of 10% (ten percent) of the total paid-up equity capital (on a fully diluted basis) of an Indian company. ......
December 11, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Redefining ‘Workman’ under the Industrial D...
Section 2 (s) of the Industrial Disputes Act, 1947 ("ID Act") defines workman as any person employed in an industry for manual, skilled, technical, clerical, or supervisory work, including those dismissed, discharged, or retrenched related to industrial disputes ("Workman"). The definition excludes individuals performing managerial or administrative roles in the industry. ......
December 4, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Arbitration Award Granting Damages in Absence of Proven...
The Delhi High Court ("Court") recently set aside an arbitration award that granted damages without proof of loss or injury, on the ground of patent illegality under Section 34 of the Arbitration and Conciliation Act, 1999 ("Arbitration Act") in Indian Oil Corporation Limited vs. M/s Fiberfill Engineers Limited . ...
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November 27, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
INCRORPORATING AND ENFORCING AN ARBITRATION CLAUSE FROM...
In recent years, arbitration has become one of the most popular methods of resolving commercial disputes. The Arbitration and Conciliation Act, 1996 ("Act") lays down the framework for arbitration proceedings in India, enabling parties to settle disputes out of court. In this blog post, we will examine the recent judgement by the Delhi High Court in Unthinkable Solutions LLP v. Ejohri Jewels Hub Pvt. Ltd , which highlights the importance of specific reference while incorporating and enforcing an arbitration clause from another contract. ......