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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…
Article

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…
Article

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…
Article

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”)…
Article

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…
Article

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…
Article

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…
Article

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…
Article

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…
Article

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…
Article

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…
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