by Majmudar & Partners | Aug 17, 2018 | Technology, Telecommunication and Media
On July 27, 2018, the committee of experts under the chairmanship of Justice B. N. Srikrishna (the “Committee”) released a report titled, “A Free and Fair Digital Economy – Protecting Privacy, Empowering Indians” (the “Report”), with its analysis and...
by Majmudar & Partners | Jul 27, 2018 | Banking and Finance, Corporate/M&A
In India, under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the “Takeover Regulations”), there exists a mandatory tender offer regime for acquisition of listed companies. Under this regime, both, the...
by Majmudar & Partners | Jul 19, 2018 | Disputes and Arbitration
In a recent judgment in the matter of Coastal Marine Construction and Engineering Limited v. Garware-Wall Ropes Limited, the Bombay High Court (the “Bombay HC”) has examined whether Indian courts can act upon an unstamped arbitration agreement to constitute an...
by Majmudar & Partners | Jul 12, 2018 | Corporate/M&A
In 2006, the Indian government introduced the concept of a director identification number (“DIN”), and consequently, an individual could be appointed as a director of a company only if he or she had obtained a DIN. A DIN is allotted by the Ministry of Corporate...
by Majmudar & Partners | Jun 29, 2018 | Foreign Investment
Consolidated reporting form for foreign investment transactions On June 7, 2018, the Reserve Bank of India (the “RBI”) released a circular (the “Circular”) changing the reporting formats in all transactions involving issuance, or transfer of shares of Indian companies...
