S&R Associates

FPI Investments in the Indian Debt Markets: An Overview

Investments in debt securities in India by non-residents require compliance with an array of Indian foreign exchange and securities regulations. Overseas investors intending to invest in debt instruments in India typically do so either under the Reserve Bank of India’s (“RBI”) framework for external

Strengthening Diligence for a Secure Mortgage Lending

Mortgages on immovable property is a preferred and most common form of collateral for both retail and corporate borrowers. Recognizing inherent property risks, lenders typically conduct a legal due diligence, often through external counsel, who issue a title search report (“TSR”) that scrutinizes th

Investing in India: An Overview of Legal Considerations – 2025 Checklist

Foreign investment continues to play a crucial role in India's economic growth with India achieving the milestone of having received USD 1 trillion of foreign direct investment since April 2000. While the cumulative FDI received in the financial years ended March 31, 2023, and March 31, 2024 remaine

Recent Representation: the Book Running Lead Managers

S&R Associates represented Kotak Mahindra, Morgan Stanley India, Jefferies India and Motilal Oswal Investment Advisors, book running lead managers

Recent Representation: NSE Investments Limited

S&R Associates is representing NSE Investments Limited

Greenwashing: An Overview

Companies are responding to rising global demands for environmentally safe products and sustainable practices. However, unverified and unsubstantiated claims in relation to sustainability records and climate change commitments can lead to allegations of ‘greenwashing’ if such marketing tactics are d

[S&R Data+] Navigating Data Minimization Requirements under India’s DPDP Act

While the provisions of India’s Digital Personal Data Protection Act, 2023 (“DPDP Act”) and its rules are yet to be notified, organizations need to prepare for a new set of compliance obligations and plan ahead. In large part, the DPDP Act follows global regulatory templates like the EU’s GDPR and e

Recent Representation: Ennov SAS

S&R Associates represented Ennov SAS

S&R Associates Onboards Lucio to Revolutionize Legal Operations

S&R Associates, one of India’s leading law firms, is proud to announce its adoption of Lucio, an advanced AI-powered legal assistant, as part of its mission to deliver exceptional client service. Embracing cutting-edge technology such as Lucio, illustrates S&R’s commitment to innovation and excellen

Fiber Opportunity in India: Regulatory Framework and Right-of-Way Management

With increasing demand for high-speed internet, 5G roll-out and data center growth, deployment of a robust and reliable optic fiber cable (“OFC”) infrastructure has become essential to support India’s expanding digital ecosystem. Fueled by this market opportunity, companies are focusing on expanding

Draft Digital Personal Data Protection Rules, 2025

A long-anticipated draft of the Digital Personal Data Protection Rules, 2025 (“Draft Rules”) was released by the Central Government (“Government”) on January 3, 2025 for public consultation and comments, along with an explanatory note on the contents on the Draft Rules. Once brought into effect, the

Implementation of the EU’s Carbon Border Adjustment Mechanism and its Implications

The European Union’s Carbon Border Adjustment Mechanism (“CBAM”), applicable to imports from ‘third countries’ (i.e., non-EU countries), endeavors to impose a price on emissions in respect of the production and supply of carbon-intensive goods. By ensuring that a price is paid for such embedded emis

Recent Representation: Grasim Industries Limited

S&R Associates represented Grasim Industries Limited

Accessing Space for Commercial Activities and Satellite Spectrum Allocation in India

The Government of India has been actively working towards liberalizing the space sector and enhancing private sector participation. In this regard, given the stakes involved and the positions taken by various interested parties, the process for allocation of satellite spectrum remains a contentious

Recent Representation: IRB Infrastructure Trust and IRB Infrastructure Developers

S&R Associates represented IRB Infrastructure Trust and IRB Infrastructure Developers

Recent Representation: IRB Infrastructure Trust

S&R Associates represented IRB Infrastructure Trust

Recent Representation: the Book Running Lead Managers

S&R Associates represented Motilal Oswal Investment Advisors Limited and Equirus Capital, book running lead managers

Recent Representation: Zaggle Prepaid Ocean Services Limited

S&R Associates represented Zaggle Prepaid Ocean Services Limited

Recent Representation: Hindustan Media Ventures Limited

S&R Associates is representing Hindustan Media Ventures Limited

Proactive Pathways to Navigate Emerging Carbon Taxes

The global focus on mitigating climate change has spurred the swift development and implementation of policies aimed at curbing greenhouse gas emissions. Among these measures, carbon taxes and mechanisms such as the European Union's Carbon Border Adjustment Mechanism (“EU CBAM”) have emerged as pivo

Recent Representation: the Broker

S&R Associates represented the broker

Recent Representation: Vodafone Group

S&R Associates represented Vodafone Group

Levelling the Playing Field: Supreme Court Decides on Unilateral Appointment of Arbitrators

State-owned enterprises (“SOEs”) in India have historically stipulated in their commercial contracts that arbitrators must be chosen from a panel pre-determined by the SOEs. These clauses have been challenged as being unfair, but Indian courts have taken differing views in the matter. A five-judge b

Permissibility of Selective Capital Reduction Under the Companies Act, 2013 and the Wider “Take Priv

In a departure from existing precedents, the National Company Law Tribunal, Kolkata bench (“NCLT”), pursuant to its order dated September 19, 2024, rejected a petition for reduction of capital under Section 66 of the Companies Act, 2013 filed by Philips India Limited, an unlisted company, to cancel

Branded Residences: An Overview of the Legal Framework in India

The rise of mixed-use development platforms has prompted hospitality brands to diversify their offerings, expanding into residential spaces such as resort villas and luxury apartments to cater to a broader audience. This note provides an overview of the concept of Branded Residences and explores how

Recent Representation: IndoSpace

S&R Associates represented IndoSpace

Recent Representation: Aditya Birla Renewables Limited

S&R Associates represented Aditya Birla Renewables Limited

Recent Representation: Aditya Birla Fashion and Retail Limited

S&R Associates represented Aditya Birla Fashion and Retail Limited

Regulatory Updates: RERA (July to September 2024)

This Quarterly Roundup relates to cases arising from Real Estate Regulation Act, 2016 (“Act/RERA”) for the period between July and September 2024. Issue 1 sets out a compilation of selected judgements, orders and circulars for the covered period, highlighting recent legal developments influenced by

Regulatory Updates: Clean Energy (July to September 2024)

Issue 3 of 2024 of our Quarterly Roundup Series on Clean Energy covers the period between July and September 2024 and tracks key regulatory developments at both central and state levels in solar and wind generation, green hydrogen/ ammonia production, EVs, tariffs, connectivity and other miscellaneo