Introduction On 1 February 2023, Hon’ble Finance Minister Nirmala Sitharaman, in her budget speech stated that “[f]or enhancing ease of doing business, more than 39,000 compliances have been reduced and more than 3,400 legal provisions have been decriminalized. For furthering the trust-based governance, we have introduced the Jan Vishwas Bill to amend 42 Central Acts.... Continue Reading →
SEC reward puts spotlight on India’s whistle-blower policy
Agama Law Associates partner Archana Balasubramanian shares her views on the protection of whistleblower anonymity and the use of AI in independent investigation in an article by The Financial Express titled "SEC reward puts spotlight on India’s whistle-blower policy" Protection of whistle-blower anonymity “The Indian version of the Sarbanes-Oxley Act does not have the necessary penalties and effective enforcement mechanisms in... Continue Reading →
India Inc prepares for a tough road to evolving standards, ESG compliance!
Agama Law Associates Partner Nitin Jain shares his views in Business Standard titled “India Inc prepares for a tough road to evolving standards, ESG compliance”. Business-oriented action plans “BRSR Core is more business-oriented on an action plan basis to add value through the regulations. The new disclosures are now looking for more transparency on the gender diversity claims. Further,... Continue Reading →
CCPA GUIDELINES FOR MISLEADING ADVERTISEMENTS AND ENDORSEMENTS 2022
PART II This blog post is a continuation of Part I for CCPA Guidelines for Misleading Advertisements and Endorsements, 2022. The first part describes the prescriptions of the guidelines and do’s and don’ts for advertisers and owners of brands. This second part deals with the duties and obligations of various stakeholders. Duties of manufacturer, service... Continue Reading →
CCPA GUIDELINES FOR MISLEADING ADVERTISEMENTS AND ENDORSEMENTS 2022
The Consumer Protection Act, 2019 is an act that aims to provide better protection for consumers and promote their rights. The act was passed by the Indian parliament on August 6, 2019, and it replaced the Consumer Protection Act, 1986. The new act strengthens consumer rights and provides for the establishment of the Central Consumer... Continue Reading →
Signing Arbitration Agreement as a champagne clause – Few quick-think tips
Drafting an arbitration clause or drafting a complete arbitration agreement is similar to drafting any other agreement i.e., it involves review and analysis of all different facts and permutation and combination to achieve the object of the parties. A sample arbitration clause may not be sufficient or effective to capture the intentions of the parties.... Continue Reading →
COMMERCIAL LAW BLOG 