Corporate and Commercial

Foreign Portfolio Investors (“FPI”) are now subject to a revised regulatory framework ( the “2019 Regulations”). These regulations were introduced with a primary aim of easing the registration process, liberalising the regulatory conditions, relaxing the compliance requirements and giving a boost to foreign investment in India. Registration as FPI SEBI (Foreign Portfolio Investors) Regulations 2014 …

SEBI (Foreign Portfolio Investors) Regulations 2019 Read More »

The Supreme Court recently, in Shiv Kumar Jatia v. State of NCT of Delhi  [1] addressed the question of whether a managing director of a company could be held liable for a crime purely on account of him being an executive director. Shiv Kumar Jatia v. State of NCT of DelhiBrief factsA guest’s fall from the …

The Supremes’ On Director’s Liability & Corporate Criminality Read More »

On August 28th, 2019 the union cabinet approved changes to the foreign direct investment (“FDI”) policy in four sectors (“Approved Proposal”). The purpose of these changes is to make India a more favourable destination for global investors. Coal Mining Sector The automatic route under the existing FDI policy for mining coal was restricted to captive …

FDI Policy Update: FDI Reforms (August 2019) Read More »

The Competition Commission of India (“CCI”) has been repeatedly called upon to adjudicate on disputes involving allegations of abuse of dominance. Some of these decisions highlight a significant departure from global trends and to that extent ought to be of interest to corporates. Abuse of DominanceSection 4 of the Competition Act, 2002 (“Competition Act”) deals …

Competition Law and Abuse of Dominance Read More »

The Competition Commission of India has been repeatedly called upon to adjudicate on disputes involving allegations of abuse of dominance. Some of these decisions highlight a significant departure from global trends and to that extent ought to be of interest to corporates. Abuse of Dominance Section 4 of the Competition Act deals with abuse of …

Abuse of Dominance Read More »