Category: Finance Regulations

InFinance RegulationsFintech

PROTECTING THE “INTERMEDIARY”: CURRENT LAW TRENDS

The Government of India has issued a draft e-commerce policy titled Electronic Commerce in India:Draft National Policy Framework, 2018. This inter alia proposes to revisit and modify the exemption from liability granted to intermediaries under Section 79 of the Information Technology Act, 2000 (“I.T Act”). In this note, we highlight the current exemptions given to…
InFinance Regulations

PRACTICE NOTE: THE CATEGORY II AIF

Alternative investment funds (“AIFs”) are regulated by the Securities and Exchange Board of India (“SEBI”) which is the regulator of the Indian securities market. In particular, the SEBI (Alternative Investment Funds) Regulations, 2012, (“AIF Regulations”) govern the formation as well as investment criteria of AIFs. In effect, any privately pooled vehicle established in India which…