Legal & Regulatory

Understanding the Mandate to Appoint Women Directors Under Indian Company Law

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We discuss provisions in India’s company law mandating the appointment of women directors and the repercussions for non-compliance.

North Indian State of Uttar Pradesh Releases FDI Policy, 2023: Key Provisions

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UP is competing with major industrial Indian states like Tamil Nadu, Gujarat, and Karnataka to attract high-value investments from sector-leading companies, establish R&D and frontier innovation projects, and build up local manufacturing ecosystems.

LLP Rules, 2009 Amended and LLP (SBO) Rules, 2023 Notified as India Tightens Disclosure Requirements

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India mandates LLPs to maintain a register of partners and document their beneficial interest in both tangible and intangible contributions. The notified rules indicate the mandatory time frame and updated forms for various reporting requirements.

Micro, Small, and Medium Enterprises in India: An Explainer

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As the backbone of India’s economy, the MSME sector is poised for rapid growth. We discuss incentives and opportunities for the sector.

Food Import Procedure in India and FSSAI’s Latest Regulatory Changes

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We discuss the step-by-step procedure to import food products in India and FSSAI’s latest regulatory advisory which simplifies import procedures, reducing both time and costs for importers.

Important Financial Changes in India Effective October 2023: Impact on Businesses

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We discuss key financial changes in India starting October 2023, including TCS rule revisions and updates to debit and credit card regulations.

Import Relief for IT Hardware Companies as India Encourages Local Production

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Major IT hardware companies have held talks with the Indian government, leading to a postponement of import curbs. Instead, the focus is now on promoting local production alongside a new import management system.

Companies in India Can Hold Virtual AGMs and EGMs till September 30, 2024

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Companies in India can hold their AGM/EGM meetings for 2023-2024 virtually until September 30, 2024, following a clarification from the MCA.

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