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Key Features of the Turnover Regulations and Penalty Guidelines

Authored by Zenia Cassinath (Principal Associate) The Competition Commission of India (Determination of Turnover or Income) Regulations, 2024 (“Turnover Regulations”) and the Competition Commission of India (Determination of Monetary Penalty) Guidelines, 2024 (“Penalty Guidelines”) were introduced with effect from 7th…

Overview of the Commitment and Settlement Regime

Authored by Zenia Cassinath (Principal Associate) The commitments and settlements regime, under the Competition Act 2002 (“Act”) (as amended) was brought into force with effect from 6th March 2024. These changes were implemented through the simultaneous enforcement of certain provisions…

March 2024

As we ring in the new year, we continue to look at our world with a different perspective. And to help you discover this constantly evolving world, our team at Veritas continues to create this digital annual calendar that hits…

NEWS FLASH | CCI’s Revamped Leniency Regime Goes Live

Co-authored by Zenia Cassinath (Principal Associate) and Gunjan Jadiya (Associate) The new leniency regime, under the Competition Act 2002 (“Act”) (as amended) was brought into force with effect from 20th February 2024. These changes were implemented through the simultaneous enforcement…

February 2024

As we ring in the new year, we continue to look at our world with a different perspective. And to help you discover this constantly evolving world, our team at Veritas continues to create this digital annual calendar that hits…

Projects and Infrastructure | October – December 2023

Regulatory Updates CERC removes difficulties in implementation of GNA Regulations By its order dated 1 October 2023, Central Electricity Regulatory Authority (“CERC”) has issued clarifications on a few issues for removal of difficulties in implementation of CERC (Connectivity and General…

Insurance | October – December 2023

Regulatory Updates Amendment of Arbitration Clause in General Insurance Policies The Insurance Regulatory and Development Authority of India (“IRDAI”), has by way of acircular dated 27 October 2023, amended the arbitration clause in general insurance policies. The IRDAI has stated…

Finance | October – December 2023

Regulatory Updates New Scale-based regulatory regime for NBFCs RBI issued the Master Direction- RBI (NBFC-Scale Based Regulation) Directions, 2023 ("NBFC Directions") on 19 October 2023 to streamline its earlier layered categorisation of NBFCs. The NBFC Directions have sought to divide…

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