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How does ex-ante regulation differ from current models? Traditional regulatory laws, like India's Competition Act 2002, operate on an ex-post basis. They define wrongs, examine alleged contraventions, and impose penalties after the fact. Ex-ante laws, however, aim to prevent wrongdoings before they occur. How does this regulatory shift impact businesses?

In the wake of the Competition Amendment Act 2023, India has ushered in its anti-trust regime 2.0 with far reaching provisions which foster fair market practices and address emerging issues. Our Managing Partner, Ms. Sucharita Basu, shares her insights in Business Standard, shedding light on the prospective challenges that lawmakers and companies might face. Follow the link to read more: https://lnkd.in/gjGhMfji  #CompetitionLaw #Antitrust #India #DigitalEconomy #Regulation  

INDIA FIRST TIME RECORD 400 PETITIONS CHALLENGING CRIMINAL PROVISIONS IN THE FOLLOWING LAWS HEARING TO START IN SUPREME COURT BY NEXT IN LINE CHIEF JUSTICE SANJIV KHANNA JUSTICE MM SUNDRESH AND JUSTICE BELA TRIVEDI FROM 1.5.2024 1)CUSTOMS ACT = NODAL COUNSEL ASHISH BATRA 2)COMPANIES ACT =NODAL COUNSEL MALAK BHATT AND KANU AGRARWAL 3)CGST =NODAL COUNSEL RAJAT MITTAL AND ANNAM VENKATESH 4)BLACK MONEY LAW=KARAN BHARIOKE AND VIVEK GURNANI AS IN DEVELOPED COUNTRIES ALL THESE ARE COMPOUNDABLE OFFENSE UNLESS ITS BIG SCAM INVOLVING CRIMINALS https://lnkd.in/gn5dugk2

Senior Advocate Kapil Sibal on Saturday observed that "oppressive" laws like the Prevention of Money Laundering Act (PMLA) leave very little scope for judicial interference, which in turn has diminished the value of judicial precedents in India. In his address, he also noted that a related issue that plagues the system today is the polyvocal nature of the Supreme Court and the unpredictability of judgments. Read the Coverage here: https://lnkd.in/dtyZqQcc #SupremeCourtofIndia #DoctrineofPrecedent #BarandBench

Samudra Sarangi, Trisha Nag and Priyal Sarawagi of Panag & Babu’s Complex Disputes practice, review the latest developments involving India’s fast evolving anti-money laundering laws in the Lexology panoramic guide. This comprehensive guide analyses India’s Prevention of Money Laundering Act and its penal consequences in depth. Read the chapter here: https://lnkd.in/gF5NWa8A #AntiMoneyLaundering #DisputeResolution #PMLA #ThoughtLeadership

The Indian competition law regime witnessed important developments in recent times with the enforcement of provisions and issuance of corresponding regulations regarding lesser penalty, commitments, settlements as well as penalty guidelines. This is a significant step towards ensuring a robust and comprehensive competition law regime, providing the Competition Commission of India as well as stakeholders with more flexibility, in line with the changing economic and business reality. IndusLaw’s Unnati Agrawal, Nikita Agarwal, Swapnil Singh Shekhawat and Hrishav Kumar Singh analyse these regulations and guidelines. Read more: https://lnkd.in/gWqZn3_y #IndusLaw #CCI #regulations #penaltyguidelines #commitments #settlements #leniency #leniencyplus #immunity #turnoverregulations #penalty #Competitionact #Competitionamendmentact

📢 Important Update: New Rules for Geographical Indications of Goods On 16th August 2024, the Government of India officially released the *Geographical Indications of Goods (Holding Inquiry and Appeal) Rules, 2024*. This marks a significant update to the regulatory framework governing the registration and protection of geographical indications in India. Key highlights include: - Introduction of Electronic Filing: Complaints and appeals can now be filed electronically, streamlining the process for all stakeholders. - Time-bound Proceedings: Inquiries and appeals are to be completed within a specified timeframe, ensuring faster resolutions. - Clear Procedures: Defined roles for adjudicating officers and appellate authorities to handle cases of contravention effectively. #GeographicalIndications #IntellectualProperty #LegalUpdate #CommerceAndIndustry #RegulatoryAffairs #legal

Karnataka Government Notifies Bruhat Bengaluru Mahanagara Palike and Other Law (Amendment) Act, 2023. Key changes revised fee structures for various approvals and sanctions under the BBMP and certain other laws and stricter penalties for non-compliance with regulations. #BBMP #Karnataka #RegulatoryUpdates #BusinessCompliance Click here to read more: https://lnkd.in/gURXsNH5

The new laws a “watershed moment for our society” ? India on 1st July, 2024 implemented an overhaul of the criminal laws, which Prime Minister Narendra Modi’s government said would make the country more just, with the government saying they aim to “give justice, not punishment” 1.     The Bharatiya Nyaya Sanhita, 2023 has replaced the Indian Penal Code, 1860; 2.     the Bharatiya Sakshya Adhiniyam, 2023 replaces the Indian Evidence Act, 1872; and 3.     the Bharatiya Nagarik Suraksha Sanhita, 2023 has been implemented in place of the Code of Criminal Procedure, 1882.

Dark Patterns Regulation: a step forward for digital India. Safir Anand and Ritu Bhargava of ANAND AND ANAND detail the newly introduced Dark Patterns Regulation guidelines in India that aim to prevent deceptive online tactics and promote transparency for a fairer and safer digital landscape. Read the full article here on page 22 👉 https://lnkd.in/era_tQEK #trademark #lawyer #newissue #darkpatterns #regulation #india #guidelines #deceptiveonlinetactics #IPlaw