India’s New Law on Disability and its Applicability to the Private Sector: A Broad Overview

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By: Sharanya Ranga and Laxmi Joshi

The new disability law

India’s new disability law, The Rights of Persons with Disabilities Act, 2016 and the Rights of Persons with Disabilities Rules, 2017 was notified by the Indian Government on 19th April, 2017 and 15th June, 2017 respectively (collectively the “RPD Act”). The RPD Act is in line with the principles of the United Nations Convention on the Rights of Persons with Disabilities and repeals the erstwhile The Rights of Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995. While the old law was applicable only to the public sector in India, the RPD Act has for the first time brought the private sector into its ambit by providing a statutory framework to ensure equal opportunities are provided to persons with disabilities (“PwD”) in all organisations.

Enforcement of foreign arbitral awards and contractual rights in India

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By: Sharanya Ranga and Neil Lopez

Contract enforcement through speedy dispute resolution has always been one of the biggest concerns for the business community in India, particularly foreign investors. The recent judgments of the Delhi High Court (HC) in the high profile Tata-Docomo case[1] and that of the Cruz City-Unitech case[2] touching upon enforcement of foreign arbitral awards and contractual obligations, have helped boost investor confidence. We briefly discuss these two judgments and their larger impact on foreign investment.

Realizing the potential of equity crowdfunding

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By: Sharanya Ranga

Recent news that the Securities and Exchange Board of India (Sebi) is cracking the whip on angel investment networks has grabbed headlines. It is understandable for the market regulator to watch out for investor protection, especially in the aftermath of the Sahara and Saradha scams, and given the peculiarities of the Indian market. But Sebi cannot remain oblivious to the winds of technological innovation blowing across the finance/regulatory arena. It is time Sebi proactively embraced a progressive outlook in sync with the digital era we live in and hastened the process to roll out a regulatory framework for equity crowdfunding in India.