SEBI allows LPs to choose the AIF investments they want to participate in
Download .pdf Introduction In a circular issued last month (the “Circular”), the Securities and Exchange Board of India (the “SEBI”) has allowed...
India’s Supreme Court rules on the maintainability of proceedings against auditors after their resignation
Download .pdf In a recent ruling, India’s Supreme Court has held that an enquiry or proceeding against an auditor of a company under Section 140(5)...
Gujarat High Court rules on stamp duty levy in M&A transactions
Download .pdf In a recent ruling, the Gujarat High Court (the “GHC”) has dealt with five different issues under the Gujarat Stamp Act, 1958 (the...
Supreme Court rules on what constitutes management and control under Indian tax law
Download .pdf In a recent ruling, India’s Supreme Court (“SC”) has held that the term “management and control” of a company means where the head,...
M&A impact due to changes in India’s competition law
Download .pdf The Indian parliament approved the Competition Amendment Act, 2023, (the “Amendment Act”) on April 11, 2023. The Amendment Act...
New regulations for online gaming in India – an early milestone in a long journey
Download .pdf Background On January 2, 2023, India’s Ministry of Electronics and Information Technology (“MeitY”) had invited comments from the...