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Investment Law

Beneficial Owners, Borders and Bottlenecks: Evaluating India’s FDI Policy under Press Note 3

Ananya Ahajoy & Param Kailash Introduction & Background The 2024 Economic Survey proposes that higher inflows of Foreign Direct Investments (FDI) from China through the ‘China plus one strategy’ could be advantageous to India. The strategy calls for the diversification of supply chains beyond China, thereby improving investment onto other low-cost nations such as India, […]

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Uncategorized

Redefining Compliance: SEBI’s Proposed Corporate Governance Framework For HVDLEs under LODR

Rishabh Raj Introduction Corporate governance in India has inherently been devised with equity-listed companies in mind. However, changes brought through debt instruments as a primary funding source have highlighted the urgent need for regulatory frameworks catering exclusively to high-value debt- listed entities (HVDLEs). The Securities and Exchange Board of India (SEBI), which has taken notice […]

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Company Law

From Obligation to Opportunity: Crafting a Universal Vision for CSR

Garvit Gupta Introduction In India, it is no longer voluntary for companies to indulge in Corporate Social Responsibility (CSR); rather, it has been made compulsory under Section 135 of the Companies Act, 2013. Companies must spend on social initiatives at least 2% of their average net profits, where relevant if they meet stipulated thresholds. However, […]

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Competition Law

Draft Digital Competition Bill 2024: A Case Against the Blanket Ban on Self-Preferencing

Irfan Rashid Introduction The digital economy in India is a significant contributor to the overall GDP growth. With the high odds that the digital economy will contribute 20% to India’s GDP by 2026, India becoming the leader in digital revolution does not seem a distant dream now. In March 2024, the Committee on Digital Competition […]

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Labour

The Karnataka Gig Worker’s Protection Bill: Laudable Yet Conspicuously Imperfect

S.V. Ghopesh Introduction The Karnataka state government recently issued a draft of the Karnataka Platform-Based Gig Workers (Social Security and Welfare) Bill, 2024, a rights-based bill that seeks to protect the rights of platform-based gig workers and places obligations on aggregators in relation to social security, occupational health, and safety of workers. It also acts […]