BY NITIN JAIN It's not often that a regulatory case opens a 10+ year window into past compliance decisions. But that's what the Enforcement Directorate's INR 1,654 crore FEMA case against Myntra is doing. The alleged violations (from 2010–2015) involve multi-brand retail structuring using affiliate sellers. The ED claims that Vector E-Commerce, an entity related... Continue Reading →
By Nitin Jain, Partner You’d think most founder disputes erupt from ego clashes or equity greed. But in our experience advising both startups and buyers, that’s rarely how it starts. The most volatile disputes we see arise because of mismatched expectations at the wrong time. And in many cases, these expectations were never deliberately misrepresented.... Continue Reading →
Introduction As key players in the Indian capital markets, Merchant Bankers perform essential functions like issue management, underwriting, portfolio management, and loan syndication. Their work as intermediaries give them privileged access to immensely valuable and sensitive information of varied entities. Given their access to sensitive data including personal and financial information, merchant bankers carry an... Continue Reading →
Congratulations! That feeling of excitement after securing Venture Capital (VC) funding for your Indian startup is truly special. It's a massive validation of your hard work, your idea, and your team. But here's the honest truth: the real work truly begins now. Think of VC funding not as a finish line, but as rocket fuel.... Continue Reading →
Introduction As capital markets become more and more accessible to both investors and companies, the Securities Exchange Board of India (SEBI) has the primary duty of protecting and safeguarding the interests of its investors.[1] Through the implications of rules and regulations, SEBI ensures the smooth functioning across the various segments of the stock exchange. Amongst... Continue Reading →
By Nitin Jain, Partner, Agama Law Associates In high-stakes infrastructure arbitration, legal knowledge isn’t a deliverable — it’s the minimum entry requirement. Yet, time and again, we see arbitration matters involving public authorities and EPC contractors slowed down not by legal complexity, but by legal counsel trying to get up to speed — on contracts,... Continue Reading →
COMMERCIAL LAW BLOG 