Ergo Update
Gig Worker rights go legal in Karnataka – Big implications for platforms
Gig workers in India have historically operated in a largely unregulated environment, with minimal legal protections afforded to them. While a few states have issued draft bills in order to improve safeguards for this class of workers, meaningful implementation has been limited. Similarly, although the Code on Social Security, 2020 envisages protections for gig workers, the same is yet to be brought into force.
Zero FIR in Cyber Offences: A welcome step by the MHA to expedite action against cyber crime
The Ministry for Home Affairs, Union of India, has recently announced a new initiative of the Indian Cybercrime Coordination Centre, mandating registration of zero FIRs in all cases where a cyber crime is reported on the National Cyber Crime Reporting Portal and/or on the National Cyber Crime Helpline - 1930, which involves a financial amount in excess of INR 10 Lacs (initial limit).
“Effects based” doctrine in Abuse of Dominance makes a comeback: Supreme Court’s judgement in CCI v Schott Glass
On 13 May 2025, the Supreme Court of India passed its judgment in the matter of Competition Commission of India v Schott Glass bringing an end to the 15-year-old litigation between Schott Glass and Kapoor Glass in relation to the alleged abuse of dominant position by the former.
Supreme Court rules against Ex-Post Facto Environment Clearance
On 16 May 2025, the Supreme Court in Vanashakti v Union of India 2025 SCC OnLine SC 1139 struck down the notification dated 14 March 2017 and Office Memorandum dated 7 July 2021 issued by the Ministry of Environment, Forest and Climate Change (MoEFCC), holding that ex-post facto Environmental Clearances (ECs) violate the constitutional right to a pollution-free environment under Article 21.
Climate Finance Taxonomy – A greenlight for green finance
While the regulations and policies in India have always aimed at boosting the project development keeping in mind the climate benefits, constant challenges and lack of a structure driven balance between growth and a climate friendly pathway, has always restricted the country to achieve its climate finance goals.
Revised categorisation and clarifications under SEBI’s Cyber Security and Cyber Resilience Framework
Uniform financial disclosure standards introduced for REITs and InvITs under SEBI’s revised framework
The Securities and Exchange Board of India (SEBI) has introduced certain changes to the existing framework on financial disclosures for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) through amendments to the SEBI Master Circulars for REITs and InvITs, both dated 15 May 2024
Tribunal rejects lifting of corporate veil and affirms taxpayer is not the beneficial owner of foreign assets owned by a BVI company
As India continues making rapid strides in economic growth, Indian residents have increasingly turned their gaze to acquire and hold investments overseas. Often, the overseas investments are held through corporate structures set up in or outside India.