by Majmudar & Partners | Apr 8, 2020 | COVID-19, Disputes and Arbitration
Tolling of the statute of limitation As a result of the health emergency situation arising out of the COVID-19 pandemic, with effect from March 15, 2020 until further orders, India’s Supreme Court (SC), in exercise of its extraordinary powers under Article 142 of the...
by Majmudar & Partners | Mar 31, 2020 | Corporate/M&A, COVID-19
Since December 2019, the impact of the Novel Coronavirus (COVID-19) has, gradually, but incrementally, been felt in almost every country in the world. As a consequence of COVID-19, businesses have had to limit, if not completely restrict, their operations in various...
by Majmudar & Partners | Mar 26, 2020 | Employment Law
The Novel Coronavirus (COVID-19) has affected almost every country in the world, and India is no exception. To control the spread, the Indian government has imposed a mandatory countrywide lockdown from March 24, 2020, until April 14, 2020. Only establishments and...
by Majmudar & Partners | Mar 13, 2020 | Technology, Telecommunication and Media
THE INDIAN SUPREME COURT’S JUDGMENT ON CRYPTOCURRENCY – MUCH ADO ABOUT NOTHING Background Since 2013, India’s central bank, the Reserve Bank of India (the “RBI”), followed a cautionary approach as regards virtual currencies, including cryptocurrencies. While it never...
by Majmudar & Partners | Mar 6, 2020 | Corporate/M&A, Policy & Governance Updates
Background and Jurisprudence Typically, independent and non-executive directors of Indian companies are not involved in the daily management or decision-making of a company. Nevertheless, under Indian company law, they are required to exercise due and reasonable care,...