Recent changes to India’s company law
On July 31, 2019, the Indian government notified the Companies (Amendment) Act, 2019 (the “Amendment Act”), which amends certain provisions of the...
Reserve Bank of India liberalizes external commercial borrowing norms on end use provisions
Introduction Earlier this year, the Reserve Bank of India (the “RBI”) had revised the framework on external commercial borrowings (“ECBs”), and put...
Sexual harassment law update: Mandatory registration of the internal commitment for establishments located in Telangana and Mumbai
Introduction In India, the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (the “Harassment Act”) and the...
India’s Budget 2019-20: key highlights
Introduction India’s Union Budget (the “Budget”) was announced on July 5, 2019, and the Finance Bill, 2019 (the “Finance Bill”) was tabled in...
India’s Supreme Court reiterates the tests to determine whether contract labourers can be employees
In a recent ruling, India’s Supreme Court (the “SC”) reiterated the basic tests to be applied in determining whether contract labourers can be...
RBI revises framework for resolution of stressed assets
On April 2, 2019, India’s Supreme Court (the “SC”) quashed the Reserve Bank of India’s (the “RBI”) consolidated framework for resolution of stressed...