India: Corporate and Company Law

A foreign business can open a Liaison Office, Branch Office or Project Office in India, or it can set up an Indian subsidiary. Each option serves a different business purpose, and each carries its own corporate, foreign exchange and regulatory requirements.

The CCI dismissed a complaint alleging that Jindal Stainless Limited (‘JSL’) had contravened Sections 3(4) and 4 of the Act through its exclusive supply arrangements for stainless steel slabs (‘SS Slabs’) and hot rolled coils (‘SS HRC’) with Indonesian entities affiliated with the Eternal Tsingshan Group (‘ET Group’), and through its Jindal Saathi dealer programme.

The Gujarat High Court has ruled that corporate guarantees furnished by holding companies to subsidiaries constitute taxable supplies under GST, even without consideration...

For many Indian businesses, the climate journey begins with a simple exercise: measuring their carbon footprint. But as India’s carbon market takes shape, knowing your emissions is only the starting point. A more important question then emerges: What do these numbers mean for business and what should we do next?

IRDAI’s Consultation Paper on Recalibrating Economics of Insurance Distribution aims to strengthen competition in insurance distribution. This article argues that some of its proposals amount to differential treatment of distributors performing the same activity. Such treatment may weaken competition on merits, reduce customer choice and run against IRDAI’s own principle of ‘same activity, same regulation’.

Venture capital investment involves far more than assessing a startup’s product, revenue potential or market opportunity. Before committing capital, investors examine whether the business has a legally sound structure capable of supporting investment, governance, ownership and future growth. Company structure forms an important part of this assessment because it determines how ownership is recorded, how decisions are made, how investors receive equity and how legal obligations are managed.

Seller rollover is a familiar feature of private equity deals. In a typical US sponsor-led acquisition, the seller takes most of the price in cash and reinvests the balance in the post-acquisition business. The seller keeps exposure to future upside, and the sponsor keeps continuing shareholders aligned with the new owners.

The Reserve Bank of India (“RBI”) has brought forward the expiry of the temporary relaxation in interest rates payable on certain Non-Resident External (“NRE”) and Foreign Currency Non Resident (Bank) (“FCNR(B)”) deposits from September 30, 2026 to August 31, 2026.

As multinational companies (“MNCs”) increasingly look to India to build strategic capabilities beyond cost optimization, setting up a Global Capability Centre (“GCC”) has evolved from a back-office necessity into a strategic priority.