‘Fresh Off The Press’ – 74% foreign investment in insurance: Almost there?
To boost foreign investments in the insurance sector, the Indian Parliament has enacted the Insurance (Amendment) Act, 2021 (“2021 Act”), and the Indian government has amended the Indian Insurance Companies (Foreign Investment) Rules, 2015 increasing the permitted foreign investment in insurance companies from 49% to 74%. As a natural corollary, the requirement of insurance companies […]
IBC Ordinance 2020: To be or not to be!
On March 24, 2020, the Finance Minister. citing the stress faced by companies due to the COVID-19 situation, announce the increase in monetary threshold for initiating insolvency proceedings from INR 1 lakh to INR 1 crore. She concluded her speech by announcing that if the lockdown continues beyond April 30, 2020, the Government would consider […]
E-Pharmacies: No Reason to Delay
The Covid-19 pandemic along with lockdown restrictions in the entire country has highlighted the need for ease of access to medicines. In recent years, due to lack of specific guidelines on e-pharmacies, online sale and dispensation of drugs became a subject of dispute whereby courts imposed a complete ban on online sale of medicines. This […]
REAL ESTATE 101: Indian Real Estate Funding Structures
While lately interest around the e-commerce and fintech sectors is extremely high (including on account of covid ridden situations), real estate continues to remain a priority amongst a lot of investors, especially those looking at fixed income returns. ‘Hard assets’ being available as security interest to secure downside risks, in addition to equity like features […]
India regulates investments from China (and other neighbours)
Government of India today has released a press note restricting FDI investments under the automatic route by countries which share their border with India, and all such investments shall have to be made under Government approval route only. Considering that the framework already provided conditions with respect to foreign investment from Pakistan, Bangladesh, Nepal etc., […]