Legal Alerts
-
Foreign Direct Investment in India
-
Government Notifies Data Privacy Rules Under the Information Technology Act, 2000
April 11, 2011, the Government of India notified the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Date or Information) Rules, 2011 (the “Rules”) under the Information Technology Act, 2000 (the “IT Act”). The Rules regulate the manner in which bodies corporate collect, handle, distribute, disclose and transfer personal data of individuals.
-
Merger Scrutiny under the Competition Act, 2002
IN BRIEF: The Government of India has notified certain sections relating to the regulation of mergers and acquisitions under the Competition Act, 2002 (“Competition Act”). The notification will come into effect from June 1, 2011.
-
GOVERNMENT APPROVES CONDITIONAL FDI IN LIMITED LIABILITY PARTNERSHIPS
On May 20, 2011, the Government of India reviewed the extant policy on foreign direct investment (“FDI”) and decided to permit FDI in limited liability partnership (“LLP”) firms, subject to specified conditions.