Publications

REGULATORY UPDATE: FOREIGN EXCHANGE MANAGEMENT (GUARANTEES) REGULATIONS, 2025

The Reserve Bank of India (“RBI”) has issued the draft Foreign Exchange Management (Guarantees) Regulations, 2025 (“Draft Regulations”) on 14 August 2025 for public feedback. Replacing the 2000 framework, the Draft Regulations shift from a transaction-specific approach to a principle-based regime, introducing mandatory reporting and extending compliance responsibilities for persons resident in India involved in cross-border guarantee arrangements. [Click here to view the draft issued by RBI.]

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REAL ESTATE UPDATE: MAINTENANCE LEVY IN CONDOMINIUMS

REAL ESTATE UPDATE: MAINTENANCE LEVY IN CONDOMINIUMS

This case concerns a recent decision dated 4 August 2025 by the Bombay High Court in the case of Sachin Malpani and Ors. vs. Nilam Patil and Ors. The writ petition questioned the method of levying maintenance charges in a registered condominium under the Maharashtra Apartment Ownership Act, 1970 (“the Act”), and challenged the jurisdiction of the Deputy Registrar of Co-operative Societies in directing such charges to be apportioned based on undivided share.

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REGULATORY UPDATE: THE NATIONAL ARTIFICIAL INTELLIGENCE TECHNOLOGY REGULATORY AUTHORITY BILL 2024

REGULATORY UPDATE: THE NATIONAL ARTIFICIAL INTELLIGENCE TECHNOLOGY REGULATORY AUTHORITY BILL 2024

The National Artificial Intelligence Technology Regulatory Authority Bill, 2024 (Bill), proposes the establishment of the National Artificial Intelligence Technology Regulatory Authority (NAITRA) as India’s central AI regulator to oversee ethical AI deployment, address risks like deepfakes and algorithmic bias, and ensure compliance. While it marks a significant legislative step, the Bill’s effectiveness will depend on timely implementation, clarity in rule-making, and adaptability to AI’s evolving challenges.

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Company Re-Domiciliation to UAE Free Zones Navigating the Legal Framework for Seamless Corporate Migration

Company Re-Domiciliation to UAE Free Zones Navigating the Legal Framework for Seamless Corporate Migration

Dubai and the wider United Arab Emirates have established themselves as a premier global business destination, attracting ambitious entrepreneurs and multinational corporations alike. For international entities considering company migration to the UAE, re-domiciliation into a UAE Free Zone offers an efficient path to tap into the region’s dynamic economic opportunities. As of July 2025, the legislative framework governing re-domiciliation in the UAE continues to evolve. While the UAE Federal Decree Law No. 32 of 2021 on Commercial Companies (which replaced Federal Law No. 2 of 2015) does not currently provide for re-domiciliation onto the UAE mainland, a growing number of Free Zones have enacted robust regulations to facilitate this process. According to the UAE Ministry of Economy and recent guidance from major Free Zone authorities, these specialized zones are setting the standard for corporate re-domiciliation in the region.

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LITIGATION UPDATE: REVISION OF THE DEFINITON OF THE TERM VICTIM

The Supreme Court in Asian Paints Limited v. Ram Babu & Another addressed an important question regarding whether an entity that suffers loss from an offence, even if not the original complainant, qualifies as a “victim” and can appeal under the proviso to Section 372 of the Code of Criminal Procedure, 1973 (“CrPC”). The Court also considered whether this statutory right of appeal is subject to Section 378 CrPC.

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1 YEAR LEFT TO PREPARE FOR THE APPLICATION OF THE EU PAY TRANSPARENCY DIRECTIVE

1 YEAR LEFT TO PREPARE FOR THE APPLICATION OF THE EU PAY TRANSPARENCY DIRECTIVE

As many of you may have heard, strict rules on pay transparency will apply from summer 2026. Under the new rules, employers will have to provide transparent information to employees and job applicants about pay for each position, and companies will also have to report on gender pay gaps. It is clear that the new legislation raises a number of issues and challenges that companies should address as soon as possible and start preparing for in time.

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Understanding AI Laws and AI Regulations in the UAE: A Comprehensive Guide for Residents

Understanding AI Laws and AI Regulations in the UAE: A Comprehensive Guide for Residents

Artificial Intelligence (AI) is rapidly transforming societies worldwide, and the United Arab Emirates is at the forefront of this revolution. As AI systems become more deeply embedded in daily life—from government services to private enterprises—the need for robust AI Laws and AI Regulations has never been more significant. The UAE’s government recognizes both the opportunities and risks AI presents and, in response, has implemented a trailblazing approach to regulation. This article provides an in-depth overview of the latest legal framework governing AI in the UAE, offering guidance for residents seeking to ensure compliance and prosperity in this evolving landscape.

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