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Competition | July – September 2023

Enforcement Matters Delhi High Court holds that the Patents Act will prevail over the Competition Act On 13 July 2023, a division bench of the Delhi High Court, while deciding on the interplay between the Competition Act and the Patent…

Projects and Infrastructure | April – June 2023

Regulatory Updates Addendum to the Dredging Guidelines for Major Ports The Ministry of Ports, Shipping and Waterways (“MoPSW”) has, on 16 March 2023, issued an addendum to the Dredging Guidelines for Major Ports 2021 ("Addendum"). The Addendum became publicly available…

Finance | April – June 2023

Regulatory Updates RBI Framework for Acceptance of Green Deposits The RBI has introduced guidelines on 11 April 2023 (effective from 1 June 2023) to encourage regulated entities (viz., scheduled commercial banks excluding regional rural banks, local area banks and payments…

Competition | April – June 2023

Enforcement Matters Supreme Court holds that the Competition Act is applicable to Coal India Limited On 15 June 2023, the Supreme Court rejected an appeal filed by Coal India Limited ("CIL") which primarily contended that CIL and its subsidiaries could…

Insurance | April – June 2023

Regulatory Updates Committee on Regulatory Sandbox for Inviting Applications and Guidelines on Operational Issues pertaining to the Regulatory Sandbox The Insurance Regulatory and Development Authority of India ("IRDAI") has vide notification dated 31 March 2023, made the process of filing…

Legal Update | IRDAI (Registration of Indian Insurance Companies) Regulations, 2022 and the Master Circular on Registration of Indian Insurance Company, 2023: Revamped regulatory regime

Co-authored by Shubhangi Pathak, Partner and Madhulika Iyer, Associate In furtherance of the recently notified IRDAI (Registration of Indian Insurance Companies) Regulations, 2022 (“Registration Regulations”), the Insurance Regulatory and Development Authority of India (“IRDAI”) has also notified the Master Circular…

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