Corporate Legalease

A Blog by LexIngenious


AIFs for Early Stage Investments

In order to give flexibility to venture capital funds (“VCFs”), the Securities and Exchange Board of India (“SEBI”) amended the definition of venture capital undertaking (“VCU”) via a notification dated May 5, 2021.[1] Thereafter, via a circular issued on May 21, 2021, SEBI doubled the overseas investment limit for VCFs registered as AIF – Category […]

Internet Freedom – Have we progressed at all?

A new age for media arrived almost two decades ago with the emergence of popular social/ digital/ online media platforms like Orkut, Facebook and Reddit. The novel concept of platforms facilitating free exchange of ideas, opinions and content gained global attention. Users sitting in different parts of the world could assent or dissent or simply […]

SEBI’s Consultation Paper on “Accredited Investor” – A Brief

Recently on February 24, 2021, Securities and Exchange Board of India (“SEBI”) released a consultation paper on Accredited Investors (“AIs”). Through this consultation paper SEBI has proposed to introduce the concept of AIs in the Indian securities market. Following is a brief on the framework proposed by SEBI. AIs are conceptually a class of investors […]

Handbook on Schemes for Women Entrepreneurs

On the 8th International Women’s Day 2021, Entrepreneurship and Innovation Vertical of Young Indians (Delhi), released a handbook on schemes for women entrepreneurs. The handbook aims to consolidate various Government schemes available for women entrepreneurs in one place for ease of reference and utility. For ease of understanding, schemes under the handbook are categorized into […]

Regulating Online Platforms – A shot in the arm or a shot out of the park?

The advent of the new-millennium in India was not only about making India a giant in the information technology service sector, it also brought in certain creations of freely available cheap internet. These creations, hitherto unknown under the broad umbrella of ‘digital/online’ media, included: (a) ‘social media platforms’ like Hi5, Orkut, Facebook, Instagram etc.; (b) […]

E-Commerce Rules and Rights of an Average Consumer

In this pandemic era, e-commerce has become a crucial part of our lives. It has rooted itself in commerce of all items which were once available only in physical stores, be it groceries or medicines or clothing. Despite an extensive presence of e-commerce platforms in our lives prior to the pandemic era, the sector remained […]

Social Financing – Impact Bonds

Impact investments are generally understood as investments made with the intent to generate social and environmental impact. Impact investments may be made in any area where there is a need of social upliftment which matches with the investors’ strategic goals. Impact investments in India have been facilitated through different legal structures under various regulations including, […]

The Partnership Business

Partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. A partnership may either be: Partnership at will– Where no provision is made by contract between the partners for the duration of their partnership, or for the determination […]

Taking Off the Law on Drones

Crisis always seem to nudge innovation and adoption of new technologies. The country is in the middle of revisiting and re-assessing its existing policies on unmanned aerial vehicles, more commonly referred to as “drones”. Recently, the Directorate General of Civil Aviation (“DGCA”), granted permission to over 10 (ten) companies for testing their drones beyond the […]

Key FCRA Challenges for NGOs

The purpose of Foreign Contribution (Regulation) Act, 2010 (“FCRA”) is to regulate acceptance and utilization of foreign contributions (or donations) by Indian non-profits. With the chain of amendments introduced by the government of India under FCRA, the Indian non-profits seem to be facing a tough time to comply with the amended laws in order to […]


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