Legal & Regulatory

Why Are Industry Players Unhappy with India’s New Cybersecurity Directives?

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Among other concerns, India’s new cybersecurity directives, in effect from June 2022, challenge norms of user privacy and dramatically increase compliances.

India’s New Plastic Waste Management Rules Effective from July 1, 2022

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Businesses must note that single use plastic will be banned in India from July 1, 2022, and noncompliance will trigger penalties.

What are Smart Contracts and Are They Legal in India?

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We explain how smart contracts are executed, how they differ from traditional and electronic contracts, and their treatment under current Indian laws.

India Allows Independent Directors to Retake Online Self-Assessment Proficiency Test

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We explain the new window of name restoration for independent directors in India who did not clear the online self-assessment proficiency test.

Insurance Regulator IRDAI Eases Approval Norms for Life, Health Insurance Products

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Under the new procedure, insurance companies will no longer require prior approval before launching certain products.

RBI’s New Provisioning Norms for Large NBFCs to Increase Compliance Requirements

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The RBI recently altered provisioning norms for standard assets, which are usually risk-free, for large non-banking financial companies (NBFCs).

What Are Your Options for Setting Up in India?

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When setting up in India, foreign companies should choose an entity structure that best caters to their business scope and investment commitments.

India’s Corporate Compliance Calendar for FY2022-23: Mandatory Forms and Due Dates

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We list certain mandatory corporate compliances to be observed every year by all businesses registered in India, irrespective of their entity structure.

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