Shubhangi Pathak (Partner) and Aishwarya Vats (Associate) The Indian insurance sector has witnessed a plethora of changes in the last decade. The latest change proposed to be introduced to the insurance regulatory regime is increasing of the Foreign Direct Investment…
-Manav Raheja, Senior Partner, Veritas Legal, Advocates and Solicitors The deal-making ecosystem remains strong despite global turbulence, geopolitical conflicts, and the recently concluded elections. Investors continue to seek well-managed, profitable, and innovative companies that have the potential to scale and…
Authored by Shubhangi Pathak (Partner) and Aditi Mishra (Associate) In furtherance of the Insurance Regulatory and Development Authority of India (Corporate Governance for Insurers) Regulations, 2024 (“the Regulations”) issued by the Insurance Regulatory and Development Authority of India (“IRDAI”), the…
Authored by Zenia Cassinath and co-authored by Abhay The Indian merger regime has undergone significant changes, with effect from 10th September 2024. These changes have been effectuated through the contemporaneous notification of various sections of the Competition (Amendment) Act 2023 that…
Co-authored by Shubhangi Pathak and Aashna Soman The Insurance Regulatory and Development Authority of India (“IRDAI”) has been instrumental in shaping the regulatory framework governing the Indian insurance sector. Recently, by way of a press release dated 24 January 2024,…
Authored by Anju Jain Kumar, Gunjan Jadiya, Hriday Chokshi Outline Increasing number of copyright claims in the United States and other countries, challenging use of in-copyright works in machine learning and AI generated output. Increasing trend of countries introducing exceptions…
Co-authored by Anju Jain Kumar and Zenia Cassinath On 12th March 2024, the Ministry of Corporate Affairs published the report of the Committee on Digital Competition Law (“CDCL”), which includes a draft of the proposed Digital Competition Bill, 2024 (“DC…
Authored by Zenia Cassinath (Principal Associate) Vide two notifications dated 7th March 2024, the Ministry of Corporate Affairs has (i) enhanced the wholesale price index of the monetary thresholds provided under Section 5 of the Competition Act (“Act”) (“Jurisdictional Thresholds”)…
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…
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…
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