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Majmudar & Partners (formerly Majmudar & Co.), established in 1943, has evolved into one of India’s premier law firms representing the who’s who of…
Majmudar & Partners | India | 1 Feb 2020
India’s budget 2020-21 - key highlights
Introduction India's Union Budget (the "Budget") was announced on February 1, 2020, and the Finance Bill, 2020 (the "Finance Bill") was tabled in…
Majmudar & Partners | India | 9 Jan 2020
Will the new insolvency ordinance increase special situations M&A in India?
At the end of December, the Indian government promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019 (the "Ordinance") to iron…
Majmudar & Partners | India | 27 Nov 2019
India’s Supreme Court rules on the role of insolvency stakeholders and Equality of creditors
On November 15, 2019, the Supreme Court (the “Court”) ruled on several contentious aspects of the Insolvency and Bankruptcy Code, 2016 (the “Code”)…
Majmudar & Partners | India | 14 Nov 2019
The new foreign direct investment norms for insurance intermediaries
Previously, foreign direct investment (“FDI”) in insurance intermediaries was treated at par with FDI in insurance companies and was restricted up to…
Majmudar & Partners | India | 8 Nov 2019
Indian court issues a global injunction under India’s Information Technology Act, 2000
In a recent ruling, a single judge of the Delhi High Court (the “Delhi HC”) has held that a global injunction can be issued for removal of defamatory…
Majmudar & Partners | India | 27 Sep 2019
Important changes to India’s product liability and consumer laws
Last month, the Indian government enacted: (i) the Consumer Protection Act, 2019 (the “CP Act 2019”), which, when notified, will replace the Consumer…
Majmudar & Partners | India | 20 Sep 2019
Indian government announces key tax proposals
Today (September 20, 2019) the Indian government has introduced the Taxation Laws (Amendment) Ordinance, 2019, to make certain amendments in the…
Majmudar & Partners | India | 10 Sep 2019
India’s cabinet liberalizes the foreign direct investment regime
Addressing India’s need to attract investments to revitalize its economy, on August 28, 2019, the Union Cabinet (the “Cabinet”) has approved a number…
Majmudar & Partners | India | 5 Sep 2019
Portfolio investors to benefit under the recent changes to India’s securities laws
On August 21, 2019, India’s securities market regulator, the Securities and Exchange Board of India (the “SEBI”), introduced a plethora of changes to…
Majmudar & Partners | India | 23 Aug 2019
India’s merger control regime gets a “green channel”
In 2018, the Indian government constituted a committee to review the Competition Act, 2002 (the “Competition Act”), and its rules and regulations. On…
