Summary: The CDSCO’s Draft Guidance on Medical Device Software only clarifies how the existing Medical Devices Rules apply to software across its lifecycle, but does not create any new regulatory requirements. Its significance lies in signalling a more structured, risk-based and lifecycle-oriented approach to regulating software-driven healthcare products in India.
Continue Reading Medical Device As Software: Has CDSCO Guidance Changed The Rules?
Summary: The blog discusses the Maharashtra Land Revenue Code (Second Amendment) Act, 2025 which marks a significant shift in land governance. It simplifies procedures for conversion to non‑agricultural use and reduces regulatory approvals, where such use is permitted under planning laws. By streamlining permissions and introducing a one‑time premium model in lieu of recurring non‑agricultural assessment, the amendment seeks to accelerate development while modernising revenue administration.
Continue Reading Simplifying Land Conversion in Maharashtra: The Maharashtra Land Revenue Code (Second Amendment) Act, 2025
Summary: This article examines the legal framework governing director removal under Section 169 of the Companies Act, analysing the balance between shareholder democracy and directorial protection through recent judicial pronouncements. It explores the procedural safeguards, compliance requirements, and practical challenges companies face when removing directors, especially if they are also shareholders.
Continue Reading Removal of Director: Balancing Corporate Democracy with Procedural Safeguards
Summary: The recent circular published by the Ministry of Road Transport & Highways in respect of dispute resolution process under the EPC, BoT and HAM projects, marks a significant policy shift with clear and direct implications for road developers and investors in the infrastructure sector developing road projects.
Continue Reading NHAI’s Move to End Arbitration for Major Disputes: Reform or Reversal?
Summary: The Board’s discretion to dispose of unsubscribed portion of rights issue to non-shareholders was made a bit easier by the Companies Act, 2013, by giving more flexibility to the Board as compared to the language used in the 1956 Act. However, whether such disposal is tantamount to a preferential allotment or a public offer (when offered to more than 200 persons) has always been a subject of legal debate. This blog demystifies the legal position and clarifies the applicability of the RBI’s pricing guidelines under FEMA, when such allotment is made to a non-resident investor.
Continue Reading Disposal of Unsubscribed Portion in Rights Issue: Legal Position in India
Summary: The Indian sports endorsement sector has evolved from informal handshake deals to sophisticated, legally enforced contracts, driven by exponential growth in sports fandom, digital rights, and player recognition. Modern endorsement agreements require careful negotiation of product categorisation, exclusivity terms, social media deliverables, and provisions governing players’ personal choices to create resilient, commercially meaningful partnerships.
Continue Reading Winning Off the Field: The Changing Face of Sports Endorsement Deals in India
Summary: This article analyses Regulation 31B of SEBI’s LODR Regulations, which requires listed companies to obtain shareholder approval every five years for special rights granted to certain shareholders, addressing concerns about perpetual rights that survive dilution. Whilst the regulation seeks to balance commercial flexibility with shareholder protection, its broad scope has generated debate about proportionality, with most companies deferring approval requests until the 2028 deadline.
Continue Reading Special Rights to Shareholders: Analysis of Regulation 31B of SEBI LODR Regulations
The Financial-Intelligence Unit – India (“FIU-IND”), India’s nodal enforcement agency for anti-money laundering and combatting the financing of terrorism (“AML/CFT”), has released its Annual Report (“Report”) for FY 2024-25.[1] The Report signals two clear trends: one, the continued expansion of India’s digital assets industry, with a focus on bringing offshore virtual digital asset service providers (“VDASP”) within the regulatory ambit; and two, the FIU-IND’s emphasis on data-driven information sharing for enforcement. This FIG Paper explores key areas of the FIU-IND’s focus in the previous year and offers insights into the future of digital assets regulation in the new year.
Continue Reading FIG Paper No. 53 (VDA Series 8) FIU-IND’s Annual Report 2024-25: Trends and Takeaways for India’s Digital Assets Industry
Summary: This continuation of Part I delves into the evolving insurance distribution landscape in India, focusing on other channels such as web aggregators, insurance marketing firms, and common service centres, alongside traditional intermediaries like PoSPs, MISPs, and agents. It highlights regulatory prohibitions that safeguard ethical practices, policyholder-centric reforms under the IRDAI framework, and the impact of the Digital Personal Data Protection Act on intermediaries. The article underscores how compliance, transparency, and data security are shaping a future-ready distribution ecosystem that balances innovation with consumer trust.
Continue Reading Insurance Distribution in India: Emerging Channels, Compliance, and Data Governance
Summary: India’s intellectual property ecosystem achieved a record-breaking year in FY 2024-25, with total filings surging nearly 20% across patents, trademarks, designs, GIs, and copyrights. This growth signals rising confidence in domestic innovation and the effectiveness of modernisation initiatives like digitisation and AI integration. For readers, the report highlights India’s evolving IP landscape, offering insights into opportunities, challenges, and the country’s strengthening global position in intellectual property protection.
Continue Reading India’s Intellectual Property Ecosystem: A Record-Breaking Year Insights From The Annual Report 2024–25 Published By The Patent Office