INSIGHTS
DISCOUNTING PRACTICES IN E-COMMERCE IN INDIA: WALMART-FLIPKART CCI ORDER
This note analyses aspects of pricing control in the “marketplace” model of e-commerce. The “market-place” model is an important context for Indian foreign exchange control regulations because foreign direct investment is not allowed in the other model i.e. “inventory-based”. A market-place model of e-commerce is defined as: “providing of an information technology platform by an e-commerce…PERSONAL DATA PROTECTION BILL, 2018: KEY COMPLIANCE POINTS
Apart from the requirement of obtaining consent and display of privacy notice, the following are certain key compliance required to be followed under the Personal Data Protection Bill, 2018 (“Bill”): – Security Safeguards: Both data fiduciary and data processor are required to implement “appropriate security safeguards”.There is no prescribed ‘appropriate’ security safeguard under the Bill….MISREPRESENTATION OF FINANCIAL STATEMENTS: SEBI ORDERS
As the securities market regulator in India, Securities and Exchange Board of India (“SEBI”) is vested with the duty and power to protect the interest of the investors in the securities market and take necessary actions to ensure such protection. The SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 (“LODR Regulations”) under Regulation 4 inter…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…Copyright © 2019 Verist Law.