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By way of a press release dated August 22, 2020, the Ministry of Power (MoP) noted that the rate of Late Payment Surcharge (LPS) is quite high and in many cases is up to 18% per annum.
S&R Associates
Recently a Single Judge of the High Court of Delhi considered, among other substantive matters, the perennial question of "control" in the context of a proceeding initiated by Future Retail...
LexOrbis
Digital media means any media that are encoded in machine-readable formats. Digital media can be created, viewed, distributed, modified and preserved on digital electronics devices.
AKS Partners
The Department for Promotion of Industry and Internal Trade ("DPIIT") on 18 September 2019 released Press Note 4 of 2019 ("Press Note 4").
Ikigai Law
India has taken steps in quick succession to liberalise its private space industry. In June 2020, the government approved the setting up of the Indian National Space Promotion and Authorisation Centre
Ikigai Law
The Department of Space recently released a draft Spacecom Policy 2020, along with the draft Norms, Guidelines and Procedures for the implementation of the Spacecom Policy
Ikigai Law
The Ministry of Defence recently released the Defence Acquisition Procedure 2020 with several new amendments and a stronger push for indigenisation. In this piece, we provide an overview
Ikigai Law
The Ministry of Defence has taken several measures to boost self-reliance in defence manufacturing. However, there are several challenges facing India in its pursuit of self-reliance. In this piece
Ikigai Law
The Department of Space of the Indian government released a draft ‘Space Remote Sensing Policy 2020' and ‘Norms, Guidelines and Procedures to implement the Space RS Policy 2020' in November 2020.
Vaish Associates Advocates
As time passed, people started to get innovative with the techniques they use to launder their money.
Vaish Associates Advocates
The Father of our Nation, Mahatma Gandhi exclaimed that money is not evil as such but is the root cause of evil intents.
Khaitan & Co
On 8 December 2020, the Ministry of Finance, Government of India notified the Foreign Exchange Management Rules, 2020.
Rajani Associates
Foreign contribution in India is regulated and monitored by the Government of India under the provisions of the Foreign Contribution Regulation Act, 2010 (the "FCRA Act 2010").
Trilegal
The Government has been issuing numerous advisories, notifications and relaxations to enable companies to face the hardships caused by the spread of COVID-19 and equip them to better handle the situation.
LexCounsel Law Offices
The Defence Acquisition Procedure 2020 ("DAP") released by the Ministry of Defence ("MoD") on September 30, 2020 supersedes the Defence Procurement Policy 2016 with effect from October 1, 2020.
Rajani Associates
In this Article, we will discuss the initial options available to an overseas company to test waters in India, without the need to adhere to substantial compliances.
IndusLaw
When the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 were first notified in the latter half of 2019, the Rules revised the long standing regime in relation to monitoring and management of FDI in India, ...
Alpha Partners
Recently, on November 13, 2020, the Reserve Bank of India has passed a Circular A.P. (DIR Series) Circular No. 05 discontinuing the filing of various forms and reporting, which were until...
Trilegal
The parties-in-person will not be allowed to appear in the High Court in person and their presence will be permitted only through video conferencing.
Kochhar & Co.
The Government of India has been very active in putting in place the necessary framework to implement the objectives of the ‘Atmanirbhar Bharat Abhiyan'.
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