Co-authored by Kanisha Vora (Partner) | Sunil Neelakantan (Associate) | Janhavi Rajkumar (Associate) 1. Legal background As we enter the financial year 2023, the year from which SEBI’s Business Responsibility and Sustainability Reporting framework(“BRSR”) becomes mandatory for the top 1000 listed companies…
Co-authored by Rahul Dwarkadas (Partner) | Rohini Jaiswal (Senior Associate) 1. Legal background Data Privacy and Protection regime in India is presently regulated by the Information Technology Act, 2000 (“IT Act 2000”) in conjunction with the Information Technology (Reasonable Security…
Co-authored by Rahul Dwarkadas (Partner) | Sanaya Contractor (Senior Associate) | Rohini Jaiswal (Senior Associate) 1. In the pre-COVID-19 era, the Indian drugs and pharmaceutical industry held a third ranking worldwide for immense production by volume and fourteenth by value…
In a ruling having far-reaching impact on commercial litigations, a Division Bench of the Supreme Court of India, on August 17, 2022, in the case of M/s Patil Automation Private Limited and others vs. Rakheja Engineers Private Ltd and other connected matters has ruled that…
Authored by Ashwin Mehta (Associate) The real estate sector is one of the most recognised sectors worldwide from an investment standpoint and primarily consists of four sub-sectors – residential, commercial, hospitality and retail. In India, the real estate sector is…
A Constitution Bench of the Supreme Court of India on 27th June, 2022, while deciding a batch of over 200 petitions challenging certain provisions of the Prevention of Money Laundering Act, 2002 (“PMLA”) relating to the power of arrest, attachment, and…
Authored by Zenia Cassinath (Principal Associate) The Competition Commission of India (CCI) on 8th April 2022 published the CCI (General) Amendment Regulations, 2022 (Amendment) which came into effect from the date of publication. Summarised below are the key provisions relating to the…
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