India: Corporate/Commercial Law

Indian trust law was conceived in a very different economic era. Public charitable trusts were traditionally viewed as custodians of philanthropic intent and were institutions established to preserve charitable objects, administer donations and safeguard public beneficiaries.

SEBI has issued a circular deferring penal consequences for listed entities that fail to meet minimum public shareholding norms during periods of external economic disruption. This regulatory relief measure allows companies additional time to achieve compliance under more favorable market conditions while maintaining the long-term integrity of public shareholding requirements.

Corporate Social Responsibility (CSR) in India has traditionally been perceived as a mechanism of redistributive welfare, focused on education, healthcare, sanitation, and poverty alleviation etc. environmental protection...

The Supreme Court of India, by its judgment dated 27 May 2026, allowed the appeal filed by Amazon.com NV Investment Holdings LLC (Amazon) and set aside the orders of the National Company Law Appellate Tribunal (NCLAT) dated 13 June 2022 and the order of the Competition Commission of India (CCI) dated 17 December 2021.

It is therefore important to understand the legal framework, the significance of obtaining the NOC, potential consequences of not obtaining it and the practical approaches generally adopted by the parties in M&A transactions.

The Reserve Bank of India’s decision to cancel the Certificates of Registration (“CoR”) of 150 Non-Banking Financial Companies (“NBFCs”) in May 2026 may appear, at first glance, to be a routine supervisory exercise but it’s not.

The Work Pass framework in Singapore is entering another phase of tightening in 2026, and the shift is not subtle for employers managing foreign talent pipelines. Previously, the approval process was relatively simple. However, it is now layered with salary benchmarks, scoring frameworks, sector-specific controls, and stricter expectations around workforce composition.

Starting a company is a significant milestone for any entrepreneur. However, incorporation is only the beginning of the legal journey. Many business owners assume their obligations end once they receive...

India’s digital payments landscape / ecosystem has grown exponentially and at a pace that regulators struggled to match. The rules governing automatic recurring charges remained scattered across multiple directives issued at different times.

The Department for Promotion of Industry and Internal Trade (“DPIIT”), through its revised Standard Operating Procedure (“SOP”) dated 4 May 2026 for processing Foreign Direct Investment (“FDI”) proposals, has introduced what appears at first glance to be a procedural reform.

Securities and Exchange Board of India (“SEBI”), vide its circular dated April 8, 2026, has operationalised the mechanism for lock-in of pledged shares under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations”), as part of its ease of doing business initiatives.

A down round is a funding event where a company raises fresh capital by issuing new shares at a price and a valuation that is lower than what investors paid in the preceding rounds.