India Business Law Journal

23/07/2025

The Supreme Court, in its recent judgment in Power Grid Corporation of India v Madhya Pradesh Power Transmission Company and Others, clarified the distinction between the powers of the Central Electricity Regulatory Commission under sections 79 and 178 of the Electricity Act, 2003.

The dispute digest is compiled by Numen Law Offices.

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The Supreme Court, in its recent judgment in Power Grid Corporation of India v Madhya Pradesh Power Transmission Company and Others...

23/07/2025

It has been a longstanding subject of regulatory debate as to when a founder should be identified as a promoter under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The interpretation adopted by the regulator until now has been that founders should be classified as promoters for initial public offering purposes if they hold a position, or have a right to be nominated as, a director or key managerial personnel and collectively hold 10% or more of the company’s equity shares, whether directly, through controlled entities, or by means of immediate relatives.

Pooja Ramchandani, Kriti Kaushik and Raksh*ta Mehta of Shardul Amarchand Mangaldas discuss SEBI's new rules allowing founders classified as promoters to retain pre-IPO ESOPs.

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It has been a longstanding subject of regulatory debate as to when a founder should be identified as a promoter...

23/07/2025

The Telecom Regulatory Authority of India has announced a pilot project for digital consent management with the Reserve Bank of India and other banks. This emerged following complaints about customers receiving spam communications after purchasing a service or goods.

Speaking with India Business Law Journal, Asim Abbas of Spectra Law explains the pilot project.

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The Telecom Regulatory Authority of India (TRAI) has announced a pilot project for digital consent management with the Reserve Bank of India...

22/07/2025

Delhi High Court recently delivered a judgment regarding limitations on petitions in Tirupati Constwell Private Limited v Delhi States Employees Federation CGHS Ltd (2025) arising from a petition under section 11(6) of the Arbitration and Conciliation Act, 1996.

The dispute digest is compiled by Numen Law Offices.

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Delhi High Court recently delivered a judgment regarding limitations on petitions in Tirupati Constwell Private Limited v Delhi States...

22/07/2025

Aditya Vikram Bhat and Aadith Sridhar discuss how minority shareholders have had to take a back seat as the National Company Law Tribunal’s focus on insolvency matters has affected its ability to address other responsibilities, particularly its jurisdiction over oppression and mismanagement.

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Minority shareholders have to take a back seat as the National Company Law Tribunal’s focus has been on insolvencies...

22/07/2025

With emerging economies producing more CO2 emissions than their developed counterparts, there is a push for equal progress by nations to align environmental considerations with their economic development.

Mukesh Butani and Maryan Judith Noronha of BMR Legal discuss carbon taxation’s impact on economic growth and emissions reduction in India and globally.

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With emerging economies producing more CO2 emissions than their developed counterparts, there is a push for equal progress...

22/07/2025

In the tussle between nature and development, the Supreme Court has come out on the side of the environment by ruling that projects cannot start until an environmental clearance has been granted.

Featuring insights from:
Varun Singh of Foresight Law Offices;
Ashutosh Senger of Shardul Amarchand Mangaldas & Co;
Nawneet Vibhaw of the Panchatattva Foundation;
Gathi Prakash of Cyril Amarchand Mangaldas;
Rahul Hingmire of Vis Legis Law;
Ashlesha Gowariker of Desai & Diwanji;
Vivekanandh S of SMV Chambers;
Radhika Dudhat of Shardul Amarchand Mangaldas & Co;
Yuvraj Sharma at Delhi High Court;
Shruti Kanodia of Sagus Legal;
Bikash Jhawar of Saraf and Partners;
Member of Parliament, Shashi Tharoor.

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In the tussle between nature and development, the Supreme Court has come out on the side of the environment by ruling that projects...

21/07/2025

The power of arbitral tribunals to join non-signatories in arbitrations has long been a contentious issue. Decisions of various high courts have both recognised and rejected such power. However, the issue is now settled with the Supreme Court’s recent decisions in Adavya Projects Private Limited v Vishal Structurals Private Limited and Ors and ASF Buildtech Private Limited v Shapoorji Pallonji & Co Private Limited. The development reinforces the judiciary’s pro-arbitration stance.

Kingshuk Banerjee and Saher Naqvi of Khaitan & Co. discuss the Supreme Court's expansion of arbitral tribunals' power to join non-signatories.

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The power of arbitral tribunals to join non-signatories in arbitrations has long been a contentious issue. Decisions of various high courts...

18/07/2025

The draft Digital Personal Data Protection Rules, 2025 prioritise individual consent. The DPDP Act, 2023 and the draft rules require fiduciaries, who determine the purpose and means of processing personal data, to obtain clear, affirmative consent from data principals, to whom the data relates, before processing their data.

Organisations must implement robust consent management systems for the entire consent life cycle. Setting out the expectations of such systems, the Ministry of Electronics and Information Technology recently published a business requirement document.

Aman Avinav of Phoenix Legal outlines robust consent management system requirements under India’s draft Digital Personal Data Protection Rules, 2025.

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The draft Digital Personal Data Protection Rules, 2025 prioritise individual consent. The DPDP Act, 2023 and the draft rules...

17/07/2025

Tax laws are considered a niche practice area with developments always aimed at seasoned professionals with years of experience and knowledge under their belt.

The recent Income Tax Appellate Tribunal decision in Mumbai in Polycab India Limited v The Assistant Commissioner (2025) has sparked discussion on dividend distribution tax in tax law circles.

DMD Advocates’ founder, senior partner and managing partner of the Delhi office, Anuradha Dutt, explains the concept.

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Tax laws are considered a niche practice area with developments always aimed at seasoned professionals with years of experience...

17/07/2025

Harvey AI sets up new office in Bengaluru https://law.asia/harvey-ai-india-office/

Harvey AI, a generative artificial intelligence company, is set to open an office in Bengaluru, Karnataka. Its engineering, sales and operations teams will begin operating from the new location later this year.

Harvey AI has previously partnered with Shardul Amarchand Mangaldas & Co and S&A Law Offices, providing AI solutions for their legal and professional services.

Harvey AI is a San Francisco-based company backed by Sequoia and OpenAI’s startup fund.

Commenting on the new India office, co-founder and CEO Winston Weinberg said in an official statement, “India is an essential part of our global strategy. By investing in Bengaluru, we’re tapping into an exceptional talent pool and deepening our ability to serve the Indian legal market.”

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17/07/2025

The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (act) is a landmark legislation to ensure safer workplaces for women. However, a contentious issue under the act is the period of limitation for filing a complaint.

Agrima Awasthi and Shivanshu Sharma, and Diksha Singh of Wadhwa Law Offices discuss the limitation period for filing sexual harassment complaints and evolving judicial interpretations.

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The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (act) is a landmark legislation...