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Legal Update

05 Feb
2021

Data Privacy Laws |Right to be forgotten

In today’s world of interest and convenience to its access, the six degrees of separation, as was once known, has now been reduced, perhaps not more than two / three degrees of separation. This is primarily due of so much of data being present in the cyber world and continuous

16 Dec
2020

Firm announcement:

We are extremely delighted and humbled at this recognition, and take this opportunity to share it with our clients and well-wishers, especially as its been only a few months since AP Law Chambers (www.aplaw.in) was set up. Perhaps an indication that we are on the right track, as the recognition

26 Nov
2020

Payment Aggregators and Payment Gateway – Escrow Account requirements modified.

Earlier this financial year, the Reserve Bank of India (“RBI”) vide its notification dated March 17, 2020 and with effect from April 1,2020 began regulating the activities of Payment Aggregators (“PAs”) and Payment Gateways (“PGs”) (“Regulation”).  Our legal update on the foregoing may be accessed at : http://aplaw.in/now-regulated-payment-aggregators-and-payment-gateways/ The Regulation

17 Nov
2020

NOW INTRODUCING – FRAMEWORK FOR RECOGNITION OF A SELF-REGULATORY ORGANISATION FOR PAYMENT SYSTEM OPERATORS

The Reserve Bank of India, vide the notification DPSS.CO.PD.No.503/02.12.004/2020-21 dated October 22, 2020, has issued the framework for recognition and establishment of Self-Regulatory Organization  (SRO) for Payment System Operators (PSOs). With substantial growth in digital payments and maturity gained by entities in the payment ecosystem, RBI felt the need to

17 Nov
2020

Press Report: Anupam Prasad LC acts on VC investment in home renovation service Renewate

Portfolio companies of Brigade Real Estate Accelerator Program (REAP), including residential security company LiveSafe, painter aggregation platform Aapka Painter, home renovation solutions provider Renewate, and artificial intelligence and virtual reality-based customer engagement services provider PropVR, have raised fresh capital. — Techcircle AP Law Chambers advised Renewate Infrastructure Technologies Pvt Ltd led by a team

14 Oct
2020

Deal Announcement:

It gives us immense pleasure to share that, AP Law Chambers, recently represented DiTech Process Solution Private Limited, on its acquisition of the business of SM Solutions LLP. DiTech Process Solution Private Limited is  in the knowledge process outsourcing business providing financial and publishing services to the global clients, and SM Solutions LLP is digital marketing firm with

04 Sep
2020

E-COMMERCE – NOW LEGISLATED! Consumer Protection (E-Commerce) Rules, 2020

INTRODUCTION Our earlier post under the AP Law Series, examined the Consumer Protection Act, 2019, which was published in the Official Gazette on August 9, 2020 and may be accessed here – http://aplaw.in/version-2-0-consumer-protection-act-in-india-then-1986-now-2019/ . Pursuant to the powers under the Consumer Protection Act, 2019 (“Act”), the Central Government, in a

28 Jul
2020

DEAL ANNOUNCEMENT:

It gives us immense pleasure to share that, AP Law Chambers, recently represented Renewate Infrastructure Technologies Private Limited, in its fund raise from Better Capital, London. Renewate is India’s only platform for helping millions of renovation contractors, property improvement professionals and businesses manage their business digitally. The transaction was led