Can HIV positive individuals be terminated?
Introduction The first Human Immunodeficiency Virus (“HIV”) infection was detected in India in 1986, and currently, India has about 2.3...
RBI panel issues recommendations to private sector banks in India
On November 20, 2020, the internal working group of the Reserve Bank of India (RBI) released its report listing out some recommendations for changes...
Share swap mergers in India: an option during the COVID-19 pandemic
Over the past couple of decades, stock-for-stock mergers have only accounted for 20% of the total M&A activity in the United States. On the...
Government of India issues press release that liberalizes FDI in defence sector
On September 17, 2020, the Indian government issued a press note to inter alia liberalize the cap for foreign direct investment (“FDI”) in the...
Impact of new employment laws on business
N. Raja Sujith, Partner at Majmudar & Partners, and Sinjini Majumdar, Associate at Majmudar & Partners have authored a concise update...
New provisions on withholding tax and tax collection at source in India
India’s Central Board of Direct Taxes has issued Circular 17/2020 dated September 29, 2020 (effective October 1, 2020) (the “CBDT Circular”),...