corporate laws

Rule-making powers of MCA under Corporate Laws Amendments Bill, 2026: Is it a case of excessive delegation?

Summary : The Companies Act, 2013 which came into force from 1st April 2014 and replaced the 1956 Act reflected a fundamental shift in the legislative policy where substantial provisions of the Act were left to be prescribed by way of Rules notified by the Ministry of Corporate Affairs. This practice is contrary to settled constitutional provisions. The blog suggests certain precautions and guard rails to ensure that our company law becomes a facilitator for attracting foreign investment.

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Global Capacity Centres (GCCs) take centre stage in fuelling global growth

Emergence and Transformative Evolution of GCCs in India

Global Capability Centres (“GCCs”) started as offshore global in-house centres (“GICs”) in the Indian  banking industry to help cut costs and provide operational support to the service offerings of a foreign entity (“Foreign Entity”). India has gained credence as a favourable destination because of its skilled human resources (wide talent pool) and competent operational costs. As of FY 2022–23, India’s approximately 1,580 GCCs have 1.66 million employees,[1] and this number is rapidly increasing.

Continue Reading Global Capability Centres (GCCs) take centre stage in fuelling global growth