India: Corporate/Commercial Law

The merger control regime in India has undergone significant transformation following recent reforms under the Competition Act, 2002. Pursuant to the Competition (Amendment) Act, 2023 and subsequent regulations operationalised in 2024, the Competition Commission of India (CCI) has introduced a more structured, modern, and principle-driven framework for reviewing combinations.

India’s enactment of the Digital Personal Data Protection Act, 2023 (“DPDP Act”) marks a decisive shift toward a modern data protection regime anchored in accountability, consent, and enforcement. While the statute is primarily directed at “data fiduciaries,” its implications extend well beyond operational compliance. At the boardroom level, the Act has triggered a reassessment of governance responsibilities, risk allocation, and critically Directors and Officers (“D&O”) insurance.

India’s Real Estate Investment Trust (REIT) regime has witnessed significant regulatory evolution in recent years, driven by the need to enhance governance standards, strengthen investor protection, and align with global best practices.