Tag: Section 188
November 28, 2019
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Related Party Transactions: How Close is too Close?
Related party transactions have once again found themselves the subject of public scrutiny due to occurrences at InterGlobe Aviation Limited ("Interglobe"), which runs and operates the low-cost airline Indigo. Interglobe has been facing stormy weather following a dispute between its promoters, Rakesh Gangwal and Rahul Bhatia. Since mid-2018 the feud between both promoters has snowballed into a very public feud. While there are several contentious issues on which the promoters disagree, one of the main reasons for their public fallout has been over related party transactions. In 2018, Rakesh Gangwal flagged and alleged that Interglobe has entered into related party transactions with several companies associated with Rahul Bhatia, a charge that the latter insists is mala fide. ...
From Compliance Burden to Regulatory Agility: Key Highlights of the Corporate Laws Amendme...
The Corporate Laws (Amendment) Bill, 2026 ("Bill"), introduced in the Lok Sabha on March 23, 2026, marks another incremental and deliberate step in India's corporate law reform journey.
Legitimate Uses: India’s Most Flexible and Most Misunderstood Ground for Processing
The Digital Personal Data Protection Act, 2023 ("DPDP Act") introduces 'legitimate uses' as a lawful basis for processing personal data without consent.
Toward Inclusive Streaming: Understanding India’s New OTT Accessibility Guidelines, ...
On February 6, 2026, the Ministry of Information and Broadcasting ("MIB") issued the Guidelines for Accessibility of Content on platforms of Publishers of Online Curated Content (OTT Platforms) for Persons ...
The Semaglutide Dispute in India: Clarifying the Anticipation vs. Obviousness Divide
A typical patent infringement matter plays out thus: the patent holder / plaintiff sues for patent infringement, along with an application for an interim injunction to stop the infringer ...
Refining Press Note 3: Easing the path for Foreign Investment into India
On March 10, 2026, the Union Cabinet approved significant amendments to Press Note 3 ("Amendment Notification") which governs India's foreign direct investment policy towards investments ...
Why Delhi Companies Pay More: The Stamp Duty Discrepancy
The stamp duty applicable on the execution of agreements and various documents in India is governed by both, the Union Government and the appropriate State Governments ...
Is Your Indian Supply Chain Patent-Proof? Lessons from the Philips Case
Identifying actors in patent infringement requires pinning down the party directly manufacturing a patented product or performing the patented process in question ...
Compliances and Consents: The Legality of Recording Digital Interactions
In an era defined by digital connectivity and interactions driven by the continuous exchange of data, modern communication has become increasingly susceptible to external surveillance. ...
Revised ECB Framework: Borrowing From Tomorrow
The Reserve Bank of India (the “RBI”) has amended the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 through the Foreign Exchange Management ...
Startup India 2.0: A Deep Tech Reset
The Indian government has updated the definition, eligibility criteria, recognition process, and compliance framework for startups, and introduced a new category ...
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