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India
Tuli & Co
On 11 August 2023, India's Central Government announced the country's first comprehensive data protection and privacy legislation, known as the Digital Personal Data Protection Act 2023 ("DPDP Act").
AK & Partners
Starting April 01, 2024, it's mandatory for insurance policies to be held in electronic form, similar to how shares are held in a demat account. The Insurance Regulatory and Development...
YNZ Group
Tweaking the language in contracts is often considered a timeconsuming process and sometimes contracts are executed on dotted lines to avoid negotiations.
YNZ Group
As per the annual report published by the Ministry of Road Transport and Highways on "Road Accidents in the year 2022" a total of 4,61,312 road accidents...
YNZ Group
Contract risks are shadows, mitigation is the light that illuminates businesses!...
AK & Partners
In response to concerns over credit card misuse, the Reserve Bank of India ("RBI") is cracking down on peer-to-peer ("P2P") credit card...
Majmudar & Partners
The Insurance Regulatory and Development Authority of India (the "IRDAI") has circulated an exposure draft of the IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Indian Insurance Companies) Regulations, 2024.
Samvad Partners
The Payment of Gratuity Act, 1972 ("Act") obligates the procedure and payment of gratuity to employees who have been employed at organizations, as prescribed under the Act.
Sochannam Legal
The Supreme Court of India[in the case Hind Offshore Pvt Ltd V. IFFCO ...
IndusLaw
On January 10, 2024, the Government of Karnataka notified the Karnataka Compulsory Gratuity Insurance Rules, 2024 ("Insurance Rules") under Section 4A of the Payment of Gratuity Act, 1972...
Khaitan & Co LLP
The Government of Karnataka published the Karnataka Compulsory Gratuity Insurance Rules, 2024 (Karnataka Gratuity Rules) in the Official Gazette on 10 January 2024, bringing the same into effect on the same day.
Khurana and Khurana
The insurance sector in India is projected to become the 6th largest insurance market by 2032, according to a report by Swiss Re.
NovoJuris Legal
As many organizations process personal and sensitive information, continuously monitoring data protection practices should be a part of organizations' data governance frameworks.
Acuity Law
The Insurance Regulatory and Development Authority of India (IRDAI) recently issued a circular titled "Amendment of Arbitration Clause in General Insurance Policies"...
IndusLaw
September 2023 was another notable month for the fintech sector.
Kachwaha & Partners
India has a fairly structured insurance industry; however, the insurance industry is yet to adequately penetrate the ast population or to effectively cover different business sectors.
S&R Associates
In recent weeks, India's space endeavors have garnered international attention, including on account of the successful soft-landing of Chandrayaan-3 near the lunar south pole...
Tuli & Co
As a part of the IRDAI's continued efforts to enhance reinsurance business and in order to streamline the regulatory provisions for Indian Insurers, ...
IndusLaw
Data is the oil that fuels the digital economy. It is the raw material that powers everything - from online shopping to social media, to artificial intelligence.
Spice Route Legal
Towards the end of 2022, the Insurance Regulatory and Development Authority of India ("IRDAI") commiBed to extend 'Insurance for All' by 2047, and consItuted a commiBee to make recommendaIons regarding the following...
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