Ahlawat & Associates advised Rooter Sports Technologies Private Limited on its ‘Pre-Series B Investment’ round of USD 16 million, led by Lightbox Ventures III.
Ahlawat & Associates (“A&A”) has advised Rooter Sports Technologies Private Limited, on its ‘Pre-Series B Investment’ round wherein the investment was a combination of debt and equity investments and was led by Lightbox Ventures III, followed by investments from existing investors along with witnessing participation from new investors.
SEBI Modifies Underwriting Framework for Public Issues
On February 22, 2023, the Securities and Exchange Board of India (“SEBI”) released a consultation paper on, among other things, amendments to the underwriting framework applicable to public offerings under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”). On March 29, 2023, changes were approved …
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CONSENT & THE DOCTRINE OF “GROUP OF COMPANIES” IN INDIA
Contentious (/kənˈtenʃəs/) “likely to cause people to disagree” as defined in Oxford Learner’s Dictionary is the perfect representation for the concept of “Group of Companies” in arbitration, in various jurisdictions around the world.
Keeping up with the times: India’s proposed digital law
Taking a step towards laying the groundwork for a digitally advanced India, the Ministry of Information and Technology (“MeitY”), on 9th March 2023, released a presentation on the proposed Digital India Act, 2023 (“DIA”).
VIRTUAL DIGITAL ASSETS AS REPORTING ENTITY UNDER PMLA: REGULATION AND WAY FORWARD
Money-laundering poses a serious threat to financial systems of the countries across the globe. In India, the Hawala system has been a method to launder money where funds are transferred between countries without physically moving money.
Tokenizing Real Estate Assets in India From Bricks to Blockchain
The real estate investment in India has traditionally been viewed as a safe and conservative investment that yields long-term returns.
Turkish Data Protection Authority Started Enforcement Against Foreign Data Controllers
Towards the end of 2022, the Turkish Data Protection Authority (“DPA”) had started sending information request letters to foreign controllers (data controllers located outside Turkey but collect/process personal data from Turkey) that did not register with the Data Controllers’ Registry (“VERBIS”) by the appliable deadline (i.e. December 31, 2021)
LIBOR Transition in the Indian financial system
In the backdrop of UK’s Financial Conduct Authority (“FCA”) announcing in March 2021, that the London Interbank Offered Rate (“LIBOR”) would either cease to be provided by any administrator or would no longer be considered a representative rate, the Reserve Bank of India (“RBI”) notified banks and financial institutions, asking them to take necessary steps …
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LIMITED LIABILITY COMPANY VS. JOINT STOCK COMPANY: WHICH IS THE IDEAL OPTION FOR INVESTORS?
Before engaging in business activities in Vietnam, investors need to set up a business with the type of business that aligns with their objectives and goals. Among various types of businesses, limited liability companies and joint stock companies are two commonly chosen types due to the characteristics of the limited asset liability regime.
Cyprus-Regulations over Cryptocurrency and Blockchain.
1. Introduction In recent years, Cyprus has shown that it wants to have an active role in the development of blockchain technology and especially that it wants to become a pioneering and secure financial center for the exchange of crypto assets and services.