nishithadmin
-
21 July 2025 at 12 : 28 PM
Deal Corner: NDA Represents Nuveen In Its Investment in Fabric IOT
Read MoreJuly 21, 2025 NDA Represents Nuveen In Its Investment in Fabric IOT Deal Brief As part of its second climate inclusion strategy, NCIF II Lux S.á.r.l. (“Nuveen”) participated in the Series A Funding Round of Fabric IOT Private Limited (“Fabric”). The transaction involved a primary infusion by Nuveen into Fabric. Fabric, along with its […]
-
18 July 2025 at 19 : 47 PM
Yes, Governance Matters.: MCA’s Push for Gender-Sensitive Corporate Governance
Read MoreJuly 18, 2025 MCA’s Push for Gender-Sensitive Corporate Governance MCA has amended the Companies (Accounts) Rules, 2014 to mandate disclosure of data related to sexual harassment at the workplace under the POSH Act, and a statement of compliance with the Maternity Benefit Act, 1961, in the Board Report of companies. The amendment requires companies […]
-
17 July 2025 at 22 : 51 PM
Deal Corner: NDA Represents Madison India Opportunities V VCC In Pine Labs’ Reverse Flip from Singapore to India
Read MoreJuly 17, 2025 NDA Represents Madison India Opportunities V VCC In Pine Labs’ Reverse Flip from Singapore to India Deal Brief Pine Labs Limited, a Singapore-based fintech leader, successfully completed a reverse flip by merging with its Indian entity, Pine Labs Private Limited, pursuant to an NCLT-approved scheme. Pine Labs is a prominent […]
-
16 July 2025 at 14 : 53 PM
Regulatory Hotline: India’s FDI Framework Embraces Bonus Shares in Prohibited Sectors
Read MoreJuly 16, 2025 India’s FDI Framework Embraces Bonus Shares in Prohibited Sectors The Amended Rules now expressly permit Indian companies engaged in FDI-prohibited sectors to issue bonus shares to existing non-resident shareholders. Unlike Press Note 2 (2025), the Amended Rules explicitly grant retrospective effect to this clarification, thereby regularising past bonus issuances to foreign […]
-
14 July 2025 at 13 : 15 PM
Companies Act Series: NSDL Circular on Off-Market Transfers: Aligning with Companies Act, 2013
Read MoreJuly 14, 2025 NSDL Circular on Off-Market Transfers: Aligning with Companies Act, 2013 NSDL mandates prior company consent for off-market transfers of dematerialized shares held by shareholders of private limited companies. Alignment of depository operations with the Companies Act, 2013, giving effect to share transfer restrictions under Articles of Association and shareholder agreements. Currently, […]
-
11 July 2025 at 13 : 34 PM
New Publication: Mergers & Acquisitions
Read MoreAn Indian Legal, Regulatory and Tax Perspective Jully 11, 2025 In 2025, India’s M&A market is expected to maintain its upward momentum, supported by strong investor confidence and a favourable economic outlook. While deal activity in traditional sectors such as healthcare, financial services, and consumer goods is expected to remain robust, emerging sectors […]
-
10 July 2025 at 10 : 33 AM
Regulatory Digest: The Financial Services Bulletin
Read MoreJuly 10, 2025 The Financial Services Bulletin This is the June edition of Nishith Desai Associates’ monthly financial services newsletter in collaboration with US-India Business Council. INTRODUCTION Mid 2025 continues to demonstrate promise for India Inc, which continues to remain a leading destination for foreign investments from a plethora of large-scale investors. While global […]
-
3 July 2025 at 17 : 50 PM
HR Law Hotline: Beyond Reasonableness: Delhi HC’s Strict Scrutiny of Post-Employment Restraints
Read MoreJuly 03, 2025 Beyond Reasonableness: Delhi HC’s Strict Scrutiny of Post-Employment Restraints The Delhi High Court’s ruling in the Daffodil Software Case critically examines the enforceability of post-employment restrictive covenants under Indian law. The court’s analysis reaffirms that post-employment covenants must be narrowly tailored and backed by demonstrable legitimate interests. Any agreement that falls […]
-
1 July 2025 at 18 : 52 PM
Technology Law Analysis: Over the horizon technologies and legal innovation: emerging use cases for India Inc
Read MoreJuly 01, 2025 Over the horizon technologies and legal innovation: emerging use cases for India Inc This article was first published in www.ibanet.org (June, 24, 2025). In the movie The Terminator, a sentient artificial intelligence (AI) called Skynet becomes self-aware and triggers a chain of events that nearly wipes out humanity. What seemed like […]
-
1 July 2025 at 12 : 49 PM
Regulatory Hotline: Mid-Year FPI Wrap 2025: Developments in The Foreign Portfolio Investor Regime
Read MoreJuly 01, 2025 Mid-Year FPI Wrap 2025: Developments in The Foreign Portfolio Investor Regime The significant developments in the FPI space in the first half of 2025 are: The threshold for submission of additional disclosures by FPIs, based on size criteria, has been relaxed by increasing the limit to INR 50,000 crore (approx. USD […]
-
30 June 2025 at 15 : 30 PM
GIFT City Express: Breaking the Substance Barrier: IFSCA Clears the Path for Third Party Fund Managers
Read MoreJune 30, 2025 Breaking the Substance Barrier: IFSCA Clears the Path for Third Party Fund Managers IFSCA approved a proposal to enable Third-Party Fund Management Services. Foreign and domestic fund managers allowed to manage IFSC funds without meeting substance requirement at GIFT IFSC INTRODUCTION At its 24th meeting held on June 24, 20251 (“Authority Meeting”), […]
-
28 June 2025 at 21 : 38 PM
Tax Hotline: Taxability of One-Time Voluntary Payment Received on Diminution of Value of ESOPs
Read MoreJune 28, 2025 Taxability of One-Time Voluntary Payment Received on Diminution of Value of ESOPs The Hon’ble Karnataka High Court has held that a one-time, voluntary payment by the parent foreign company to ESOP holders in India to compensate for the diminution in the value of their unexercised stock options (both vested and unvested) […]
-
25 June 2025 at 12 : 55 PM
Yes, Governance Matters.: The Great VC Shakeout: Lessons for India from the U.S. Venture Landscape
Read MoreJune 25, 2025 The Great VC Shakeout: Lessons for India from the U.S. Venture Landscape Context Chris Harvey’s compelling analysis on the dramatic contraction in the U.S. venture capital (VC) market has set the stage for a crucial reflection.1 The U.S., long considered the gold standard for venture capital ecosystems, is now undergoing a fundamental […]
-
23 June 2025 at 17 : 38 PM
Dispute Resolution Hotline: Modification of awards: India’s Supreme Court redefines scope of judicial interference
Read MoreJune 23, 2025 Modification of awards: India’s Supreme Court redefines scope of judicial interference This article was first published in globalarbitrationreview.com (June, 20, 2025). The Supreme Court of India in Gayatri Balasamy v ISG Novasoft Technologies Limited settled a longstanding issue in Indian arbitration law, i.e., whether courts can modify arbitral awards under the […]
-
20 June 2025 at 16 : 15 PM
New Publication: New Age of Franchising
Read MoreLegal, Tax & Regulatory Perspective June 20, 2025 India’s franchising landscape is undergoing a transformation, driven by rapid digitalisation, diverse sectoral growth, and evolving regulatory frameworks. This research paper offers a comprehensive, multidisciplinary examination of the key legal, tax, and regulatory considerations governing modern franchise arrangements in India. The paper covers the historical evolution […]
-
20 June 2025 at 12 : 06 PM
Deal Talk: Zomato’s New ‘Desi’ Shareholding Recipe: Less Foreign Ice, More Domestic Spice!
Read MoreJune 20, 2025 Zomato’s New ‘Desi’ Shareholding Recipe: Less Foreign Ice, More Domestic Spice! Introduction On April 18, 2025, the board of directors of the listed company Eternal Limited (popularly referred to as “Zomato”) approved, subject to shareholder approval, a proposal to limit the total foreign ownership in Zomato to up to 49.50% shareholding on a […]
