Tune in to the latest episode of the ELP podcast series, discussing the recent Protocol signed between India and Mauritius. This protocol, driven by BEPS Action Plan 6, introduces the Principal Purpose Test, reshaping investment dynamics for Global investors investing in India through Mauritius.

Key Takeaways include:

• Enhanced Scrutiny: Global investors funneling funds through Mauritius may face increased scrutiny. While genuine investments persist, those solely leveraging DTAA benefits could see challenges.
• Potential Litigation: Legal battles on retroactive application and interpretation disputes.
• The Way Forward: Reviewing past investments, strengthening documentation and meeting substance requirements are essential steps.

Don't miss out on this insightful discussion reshaping the landscape of cross-border investments!

Join Sweta Rajan, Partner, and Samyuktha Srinivasan, Senior Associate, Economic Laws Practice (ELP) in our latest podcast episode as they discuss the latest example of food regulation in the times of social media – the Nestle sugar debacle titled "Food Regulation: Reactive measures in the wake of media trials".

This episode explores why FSSAI is investigating Nestle’s products and the legal position on sugar content in infant food and food substitutes. Further, it provides an insight into the role of the Indian regulators in such a scenario and the consequences of their reactive regulation.

In the fourth episode of Economic Laws Practice (ELP))'𝘀 𝗣𝗼𝗱𝗰𝗮𝘀𝘁 𝗦𝗲𝗿𝗶𝗲𝘀 𝗼𝗻 𝗦𝗮𝗻𝗰𝘁𝗶𝗼𝗻𝘀: 𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 𝗮𝗻𝗱 𝗔𝗳𝗿𝗶𝗰𝗮, Mahmoud (Mac) Fadlallah, Partner, Akin Gump Strauss Hauer & Feld LLP’s, Dubai office along with Sanjay Notani, Partner, International Trade & Customs Practice, ELP, will delve into the intricate landscape of sanctions, with emphasis on the Middle Eastern and African regions.

They will also shed some light on the far-reaching consequences of sanctions law violations on businesses and the strategies that are currently in place or are necessary for stakeholders including Indian businesses to navigate the ever-evolving sanctions regulatory framework. Lastly, they will explore the potential impact of sanctions on bilateral trade, notably in key sectors for India like chemicals and diamonds.

In the third episode of Economic Laws Practice (ELP)'s Podcast Series on Sanctions: UK, Michelle Linderman, Partner, International Trade team at Van Bael & Bellis along with Ambarish Sathianathan, Partner, International Trade & Customs Practice, will unravel the nuances of the UK sanctions regime, the extent of the UK sanctions' global reach, their implications for Indian businesses, and crucial steps these businesses should consider given the rapid evolution of these laws, particularly post-Brexit.

Any borrowing or leverage by Alternative Investment Funds (AIFs) is highly regulated.

In this episode of the ELP Funds series- Borrowing and Leverage, the speakers Vinod Joseph, Partner & Paridhi Jain, Associate, Economic Laws Practice (ELP) delves into the various legal issues involved in any borrowing or leverage by AIFs under SEBI’s AIF Regulations and the IFSCA’s Fund Management Regulations.

In recent years, sanctions have taken center stage in international business, posing intricate challenges for companies worldwide. With Western nations increasingly using sanctions as a tool, navigating these waters has become critical. Non-compliance is no small matter – It can lead to severe legal and financial consequences, including hefty penalties and reputational harm. This reality underscores the importance for businesses to grasp the regulatory landscape across different jurisdictions and implement strong compliance strategies.

As part of Economic Laws Practice (ELP)'s commitment to illuminating key issues in international trade, this podcast series offers insightful perspectives on the sanctions landscape.

In the first episode of ELP's Podcast Series on Sanctions: US, Kay C. Georgi, Partner, International Trade & Investment Group at ArentFox Schiff along with Sanjay Notani, Senior Partner, International Trade & Customs Practice, ELP throw some light on the multifaceted landscape of US sanctions, their potential ramifications for Indian businesses, and the proactive steps businesses should consider taking to adapt to this ever-changing legal environment.

SEBI’s AIF Regulations and the IFSCA’s Fund Management Regulations require the investment manager to obtain the consent of investors in certain circumstances.

In this episode of the Funds series, Vinod Joseph, Partner & Paridhi Jain, Associate, Economic Laws Practice (ELP) talks about the Investor's Consent and delves into the nuances of such consent and the various legal issues involved in obtaining such consent.