The Government of Rajasthan, on July 24, 2023, passed the Rajasthan Platform Based Gig Workers (Registration and Welfare) Act, 2023 (“Act”). With this initiative, Rajasthan has become the first state in India to pass a legislation, which regulates the engagement of gig workers and aims to provide social security and other benefits to platform-based gig workers.
Reserve Bank of India (RBI) seems to have issued notices to several Foreign Owned or Controlled Companies (FOCC) for structuring share purchases in Indian companies through the deferred (holdback) consideration construct.
Crafted to alleviate the burden on courts and litigants, the Indian Parliament has passed the Mediation Bill, 2023. More than 45 million cases are pending in Indian Courts and introducing legislation backed mediation will definitely help this number from further spiraling upward.
Our Founder & Managing Partner, Delhi, Anuradha Dutt alongside Haaris Fazili, Associate Partner and Trisha Shreyashi discusses certain implications of the proposed legislation for The Hindu BusinessLine.
The above charges are indicative that the FCPA-related risks continue to pose a serious compliance challenge to U.S-based businesses that operate in high-corruption-risk countries.
In a research paper published in Harvard University’s Quarterly Journal of Economics in February 2003, researchers shared results of a nine-year study (1990-1999) conducted on 1,500 large companies.
Our Competition law Partner, Vivek Agarwal, shared his views on the latest tweaks to competition law amendments.
CCI can now impose penalties up to 10% of total global turnover. No settlement option for cartels. Net to catch cartel facilitators widened.
Our competition law Partner, Vivek Agarwal, shared his views on the need for large companies to revisit their ‘most-favoured nation’ clauses.
He has highlighted that a recent CCI order has provided guidance on the anti-competitive effects of MFN clauses which may be subject to closer scrutiny in 2023.
Our competition law Partner, Vivek Agarwal, shared his views on the parliamentary committee’s report on anti-competitive practices by big tech companies.
He believes that the proposed Digital Competition Act must strike a balance between regulation and innovation and be tailored to the needs of the Indian digital economy. He has also emphasised the importance of developing the concept of voluntary and informed consent to make it compatible with the use of big data.
Our competition law Partner, Vivek Agarwal, shared his views on the parliamentary committee’s report on the Competition (Amendment) Bill, 2022.
He believes that the recommendations of the parliamentary committee are in the right direction and address some critical issues. There will be more clarity once the CCI regulations are out.
In a conversation with Global Competition Review (GCR), our competition law partner, Vivek Agarwal, discussed the CCI’s approval of PayU’s acquisition of BillDesk without remedies despite a show cause notice to push the deal into Phase II investigation.
This website has been designed only for the purpose of dissemination of basic information on DMD Advocates and is not meant for advertising or for soliciting work by DMD Advocates. The information provided through this website should not be construed as legal advice and is not intended to create any attorney-client relationship between DMD Advocates and the reader. Readers are requested to seek formal legal advice prior to acting upon any information provided herein.I Agree