National Medical Device Policy 2023: Six strategies to tap potential Author: Ms. Jayshree Chandra, Senior Partner & Ms. Sangini Tyagi, Associate at ZEUS Law Published in asiancommunitynews.com on 4th June 2023 Government of India recently notified the National Medical Device Policy, 2023 (“NMD Policy, 2023”). The NMD Policy, 2023 aims to build upon existing measures […]
Production Linked Incentive Scheme 2.0 for IT Hardware to establish India as global electronics manufacturing hub
Production Linked Incentive Scheme 2.0 for IT Hardware to establish India as global electronics manufacturing hub Author: Mr. Sunil Tyagi, Managing Partner, at ZEUS Law Published in asiancommunitynews.com on 29th May 2023 The Production Linked Investment Scheme (PLI) for IT Hardware, notified in March, 2021, proposed a financial incentive to boost domestic manufacturing and attract […]
Green Channel Route: Automatic Approval of Combinations under the Competition Regime of India
Green Channel Route: Automatic Approval of Combinations under the Competition Regime of India Author: Ms. Jayshree Navin Chandra, Senior Partner, and Mr. Naman Dutt, Associate, Zeus Law. The ‘Green Channel’ or ‘Green Channel Route’ introduced for acquisition/merger review by the Competition Commission of India (“CCI”) is oriented to provide same day approvals for the notified […]
ZEUS Newsletter May 2023
Highlights: Corporate Brief SEBI Circular regarding Guidelines with respect to excusing or excluding an investor from an investment of AIF. SEBI Circular on Direct plan for schemes of Alternative Investment Funds (AIFs) and trail model for distribution commission in AIFs. SEBI Circular regarding Bank Guarantees (BGs) created out of clients’ funds. RERA Brief Order issued […]
Experts Speak: Land digitization
Land transactions at all-time high, but clear titles remain a challenge Experts Speak by Mr. Sunil Tyagi, Managing Partner, ZEUS Law Published in www.moneycontrol.com on With the surge in demand for housing, real estate developers have been acquiring land to build a robust pipeline of new housing projects. Most of the land is concentrated in […]
Challenging The Arbitrator For Bias And Partiality: Does The Arbitration And Conciliation Act, 1996, Provide Effective Remedy?
Challenging the Arbitrator for Bias and Partiality: Does the Arbitration and Conciliation Act, 1996, Provide Effective Remedy? Author: Ms. Neetika Bajaj, Managing Associate & Ms. Kopal Mittal, Associate at ZEUS Law Published in Livelaw on 17th May 2023 Independence, impartiality and party autonomy are the hallmarks of an effective and fair arbitral proceeding. Rule against bias […]
New Alert (May-I)
Whether the date of default can be changed by the financial creditor? Brief facts of the case In the present case, Mr. Ramdas Dutta (“Appellant”), Suspended Director of Saraju Flour Mills Private Limited (“Corporate Debtor”), filed an appeal before the National Company Law Appellate Tribunal, New Delhi Bench (“NCLAT”) challenging the Order dated 26.08.2022 passed […]
Slump Sale and Its Implications: The Indian Scenario
Slump Sale and Its Implications: The Indian Scenario Author: Mr. Sandeep Bhuraria, Senior Partner & Ms. Parijat , Senior Associate at ZEUS Law Published in asiancommunitynews.com on 30th April 2023 While acquiring a business undertaking, what you acquire is as cogent as how you acquire it. The question of “mode of acquisition” is crucial as […]
Piercing the Corporate Veil in India: An Investor Perspective
Piercing the Corporate Veil in India: An Investor Perspective Author: Ms. Pankhuri Jain, Partner & Ms. Nikita Maheshwari, Associate at ZEUS Law Published in asiancommunitynews.com on 24th April 2023 India is one of the fastest growing economies in the world. With globalization and recent technological advances, foreign investments in Indian companies are becoming increasingly common. […]
News Alert (April-III)
CAN AN APPLICATION FILED UNDER SECTION 9 OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016 BE DISMISSED IF SOME OF THE INVOICES ARE TIME BARRED BUT REMAINING INVOICES ARE WITHIN LIMITATION? BRIEF FACTS: The operational creditor had provided digital classroom services between the period of 12.03.2011 and 30.06.2017 to the Corporate Debtor and pursuant thereto, the […]