EXPLAINER: Unpacking the GIFT City Remittance Regime
The Reserve Bank of India has recently expanded the scope of remittances to International Financial Services Centres (IFSCs), permitting Indian residents to open foreign currency accounts in the country’s first IFSC, Gujarat International Finance Tec-City, also known as GIFT…
Q&A: Beyond the Boundary: How Law Is Influencing Sports Governance
Nandan Kamath is a sports lawyer and the founder of LawNK, a law firm based in Bengaluru specialising in sports, technology, and media law, representing a diverse clientele that includes national and international sports federations, leagues, teams, sponsors, and athletes.
IN-HOUSE INSIGHT: How General Counsel Can Set the Gold Standard
Over my close to 20 years in the legal profession, I have heard and read many preconceived notions about in-house versus law firm experience.
INFRASTRUCTURE: Building Growth
India’s economic growth is intrinsically linked to its infrastructure development, and the government is doing everything possible and more to attract private investment. However, concerns about a weaker NDA alliance, high counterparty risk, and a slow court system remain high on investors’ minds.
EXPLAINER: Does Covishield’s alleged health concerns expose it to legal liability?
COVID-19 vaccine-maker AstraZeneca was in the spotlight in May following the company’s admission in a UK court proceeding of the possibility of a rare side effect, Thrombosis with Thrombocytopenia Syndrome (TTS) associated with its vaccines. More than 50 individuals have alleged the vaccine resulted in death and serious injuries from TTS.
Q&A: ‘There is a mindset shift in the attitude and approach towards arbitration’
The Arbitration Bar of India (ABI) was launched on 11th May, with Gourab Banerji, a senior advocate at the Supreme Court of India, appointed as its inaugural president. Banerji shares with ALB about how ABI's plans to take arbitration to cities across India for better accessibility, increase the quality of arbitration institutions, address the issues of slow enforcement and long arbitral timelines for speedier dispute resolution, and integrate technology in the dispute resolution process for enhanced efficiency.
ALB India Top PE/VC Boutique Firms 2024
Emerging as pivotal players in India’s vibrant investment landscape, boutique private equity and venture capital law firms are gaining recognition for their significant role. These firms provide essential legal services and strategic counsel, supporting both investors and start-ups. Their expertise fosters innovation and economic growth, ensuring India remains a prominent force within the global start-up ecosystem.
Q&A: ‘we need to recalibrate our approach to competition regulation in the digital economy’
India’s top competition regulator, the Competition Commission of India, has been leading the charge to modernise the country’s laws to bring them in line with India’s ever-evolving digital business environment.
EXPLAINER: Could the listing of a not-for-profit revolutionise social sector financing?
SGBS Unnati Foundation, a Bengaluru-based not-for-profit organisation (NPO), became the first such entity to be listed on India’s social stock exchanges (SSE) just a year after the authorities allowed for such listings in order to promote a transparent and credible way for NPOs to raise funds
FORUM: What To Expect in 2024
The year gone by was a big one for the Indian legal market. The market opened to international law firms and disruptive technology-based tools and practices. More lawyers set up specialised firms, and in-house counsel got a lot more sophisticated. Continuous regulatory reforms promised new work as transactional lawyers looked to adapt to a global slowdown and a funding winter. Law firms say that 2024 will bring more investment in in-house capabilities, adoption of technology, focus on new laws like data privacy, and increase of sectoral and business knowledge.