On National Technology Day, Amrit Mehta, Corporate Partner at Majmudar & Partners, addresses certain key legal issues for tech start-ups in India.
Download .pdf The Banking Laws (Amendment) Bill, 2024 (the “2024 Bill”), which was introduced in the Lok Sabha on August 9, 2024 and passed on December 3, 2024, seeks to modernize India’s banking framework by amending five (5) important statutes: (i) Reserve Bank of...
Download .pdf Background In 1998, Mahanagar Telephone Nigam Limited (“MTNL”) invited tenders for Code-Division Multiple Access (“CDMA”) technology supply on a turnkey basis. In 1999, a contract was awarded to a joint venture between Fujitsu Ltd. (“Fujitsu”), a...
Download .pdf The globally contested legal battle on training large language models (“LLM”) using copyrighted content recently reached India, with Asian News International (“ANI”), an Indian news agency, filing a copyright infringement suit in the Delhi High Court...
Download .pdf The Supreme Court’s (the “SC”) decision ordering the liquidation of Jet Airways (India) Limited (“Jet Airways”) under the Insolvency and Bankruptcy Code, 2016 (the “IBC”) has finally put an end to the long-drawn battle to revive the airline through the...
Download .pdf Background India’s insurance industry is on the brink of transformative changes with the anticipated introduction of the Insurance Amendment Bill (the “Bill”) during the winter session of Parliament. This landmark reform builds on past efforts,...
Download .pdf Background Material Adverse Effect (“MAE”) or Material Adverse Change (“MAC”) clauses are often used in mergers and acquisition (“M&A”) agreements. MAC clauses are a double-edged sword. On the one hand, they protect an acquirer from...