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 →
AI offers significant benefits in corporate governance, but it also introduces complex legal, ethical, and regulatory challenges. Corporations must carefully navigate these challenges by implementing robust governance frameworks, ensuring compliance with existing laws, and adopting best practices for AI oversight.
India's data localization landscape has significantly evolved over the past few years, with the government enforcing regulations that aim to secure personal data, maintain data sovereignty, and safeguard national security. However, these efforts have placed global businesses operating in India under increased compliance scrutiny, requiring them to adapt their data storage and processing methods. This... Continue Reading →
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