Foreward by Andrew Chilvers Businesses across the world are undergoing the biggest remote working experiment since Europeans first sailed from their home ports to set up trading posts in Asia 500 years ago. This time around, however, companies are moving colleagues out of their plush city centre locations to set up offices at home. What […]
Foreward by Andrew Chilvers As companies continue to look for opportunities in global markets, directors from diverse jurisdictions are hired to serve on the boards of foreign businesses as well as domestic ones that have operations and assets in other countries. Enterprises across the world look for directors from other jurisdictions for any number of […]
Executive Summary Do force majeure events, like the current lockdown and Covid-19 pandemic, legally excuse performance of contractual obligations in India? Based on past decisions of the Indian Supreme Court, the law in India can be summarised as follows. • Under the Indian Contract Act, 1872 if a contract expressly or impliedly contains a force […]
As the Covid-19 pandemic spreads, countries have moved rapidly to manage its impact. On March 24, 2020, India announced a nation-wide, 21-day lockdown to deal with the crisis. The lockdown, which went into effect from 12:00 am on March 25, was authorized under India’s Disaster Management Act, 2005 (DMA). 1 The lockdown closed all private […]
New Guidelines Regulating Payment Aggregators (and Payment Gateways) in India
The Reserve Bank of India (RBI) recently issued guidelines to regulate payment aggregators (PA) and payment gateways (PG) that act as intermediaries facilitating online payments. The guidelines go into effect from April 1, 2020. Who is Covered? The guidelines define PAs as entities that facilitate e-commerce sites and merchants to accept various payment instruments from […]
QUESTION ONE – When representing a client with significant business activities in foreign jurisdictions, what are some key risk-related concerns that arise in a cross-border context and how can a parent company minimise such risk? When advising companies dealing with significant business activities in a foreign jurisdiction, we find it helpful to assess risk in […]
The Government of India recently notified new rules to regulate medical devices in India. These rules, which come into effect on January 1, 2018, have been framed with the objectives of encouraging both foreign investment into India’s growing medical devices sector (where 100% foreign investment is allowed, without prior government approval), and the manufacture of […]
Mundkur Law Partners joins IR Global as our exclusive M&A member in India
R Global, the world’s largest exclusive network of advisory firms is delighted to introduce Ramanand Mundkur of Mundkur Law Partners. Ramanand has joined as our exclusive Mergers & Acquisitions member in India. Ramanand Mundkur is the managing partner of Mundkur Law Partners and heads its M&A and corporate disputes practices. He has over twenty years […]
