Legal & Regulatory

International Law Firms and Foreign Lawyers Can Now Practice Law in India

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Foreign lawyers and law firms can now practice law in India by way of transactional and corporate work, such as JVs, M&A, IP matters, and drafting contracts, etc. on a reciprocal basis.

Revised MSME Competitive (LEAN) Scheme Launched in India to Boost Industry

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The government will subsidize MSMEs in India with modern business management tools under the revised MSME Competitive (LEAN) Scheme.

India’s Securities Regulator Asks Investors in India to Link PAN with Aadhaar by March 31, 2023

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India’s securities regulator, SEBI, has asked all investors to link their Permanent Account Number (PAN) with Aadhaar or face deactivation.

Cryptocurrencies in India to be Subject to Anti-Money Laundering Compliance

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India will impose anti-money laundering (AML) provisions on cryptocurrency platforms and transactions to curb criminal activity.

MCA Extends Some Reporting Compliance Deadlines to March 31: V3.0 Portal Migration

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India’s corporate affairs ministry has extended the filing deadline for 45 forms launched on its V3 MCA-21 portal, among others.

India’s Central Bank Grants ‘In-Principle’ License to 50 Payment Aggregators: Key Details

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We provide a list of all the entities whose applications to the RBI have been approved, are in process, or have been returned. 

Google Loses Bid to Block Indian Android Antitrust Ruling, Assures Cooperation with CCI

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India’s antitrust regulator CCI has levied a $161 million fine on Google and ordered it to lift restrictions on device manufacturers like pre-installation of Google apps.

India’s Antitrust Regulator Could Impose Penalty Fines on Entity’s Global Turnover

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India is proposing changes to its antitrust regime under the draft competition amendment bill that will levy much higher fines for violations.

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