IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Hiren Doshi of RiSiKo Consulting LLP. Hiren has joined IR as our exclusive Insolvency Member in India. RiSiKo is German for “taking calculated risks to achieve extraordinary returns”. RiSiKo helps its clients to grow at each business life cycle and become one stop solution for all […]
by Suneeth Katarki, Namita Viswanath, Shrutika Umarji and Sangeet Sindan, IndusLaw A Q&A guide to digital business in India. The Q&A gives a high level overview of matters relating to regulations and regulatory bodies for doing business online, setting up an online business, electronic contracts and signatures, data retention requirements, security of online transactions and personal […]
by Suneeth Katarki, Namita Viswanath, Shrutika Umarji and Sangeet Sindan, IndusLaw A Q&A guide to digital business in India. The Q&A gives a high level overview of matters relating to regulations and regulatory bodies for doing business online, setting up an online business, electronic contracts and signatures, data retention requirements, security of online transactions and personal […]
by Suneeth Katarki, Namita Viswanath, Shrutika Umarji and Sangeet Sindan, IndusLaw A Q&A guide to digital business in India. The Q&A gives a high level overview of matters relating to regulations and regulatory bodies for doing business online, setting up an online business, electronic contracts and signatures, data retention requirements, security of online transactions and personal […]
Mauritius has finally inked a historic multilateral instrument (MLI) designed to prevent Base Erosion and Profit Shifting (BEPS) by multinational enterprises.This came nearly a month after 68 jurisdictions, including India, signed the Multilateral Convention to Implement Tax Treaty Related Measures to prevent Base Erosion and Profit Shifting (MLI). While signing the MLI on Wednesday, Mauritius […]
By Lomesh Kiran Nidumuri, Partner, IndusLaw[1] The question of whether two Indian parties can have a seat of arbitration outside India and choose foreign law to resolve disputes continues to remain a vexed issue. The Supreme Court recently had an opportunity to decide this controversy in the case of Sasan Power Ltd., v. North American […]
By Lomesh Kiran Nidumuri, Partner, IndusLaw[1] The question of whether two Indian parties can have a seat of arbitration outside India and choose foreign law to resolve disputes continues to remain a vexed issue. The Supreme Court recently had an opportunity to decide this controversy in the case of Sasan Power Ltd., v. North American Coal […]
By Lomesh Kiran Nidumuri, Partner, IndusLaw[1] The question of whether two Indian parties can have a seat of arbitration outside India and choose foreign law to resolve disputes continues to remain a vexed issue. The Supreme Court recently had an opportunity to decide this controversy in the case of Sasan Power Ltd., v. North American Coal […]
The Centre is not only eyeing a fair share of taxes on international transactions undertaken between related parties of a multinational network with presence in India, but even untaxed profits stashed overseas. Through fresh measures — popularly called secondary adjustment provisions under transfer pricing — the government has made sure that profits parked abroad via […]
INTRODUCTIONThe Employee’s Compensation (Amendment) Act, 2017 (“The Amendment Act”) has been notified on 12 April 2017 to amend the provisions of the Employees’ Compensation Act, 1923 (“Act”).The object of the Act is to provide for the payment of compensation by employers to their employees for injury caused to them by accident while in employment as […]
We refer to our news flash circulated on 3 April 2017 on the Amendments to the Maternity Benefits Act, 1961(“Newsflash”).The Ministry of Labour and Employment has issued a corrigendum notification bearing no. S.O. 1049 (E) dated 3 April 2017 clarifying that Section 4(1) of the Amendment Act which deals with crèche facility to be provided […]
The Department of Industrial Policy and Promotion (“DIPP”) has issued Press Note No. 1 of 2017 (“Press Note”), liberalising the terms governing foreign direct investment (“FDI”) in infrastructure companies in the securities market.The Reserve Bank of India (“RBI”) recently amended the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) […]