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[ByVidhanshu Tyagi] The author is a student of National Forensic Sciences University, Gandhinagar Introduction The bedrock of tender jurisprudence in India is the principle of judicial restraint. Courts have steered clear of functioning as an appellate authority over administrative decisions, specifically in contractual matters. The rationale behind this is clear: the executive being the author of the tender is the master of the process, and judicial interference should...
[By Vashmath Potluri & Shubhranshu] The authors are students of NALSAR University of Law, Hyderabad. Introduction In August 2025, the Competition Commission of India (“CCI”) launched a consolidated investigation into Google’s conduct in the online display advertising market, acting on complaints by the Alliance of Digital India Foundation (“ADIF”). At issue is Google’s vertical integration across the advertising technology (“Adtech”) stack: it operates the Google Ad Manager...
[By Kushagra Prasad] The author is a student of Gujarat National Law University Introduction: Governance Gaps in MIIs Market infrastructure Institutions of India, including the stock exchange, clearing corporation, and depositories, have come under increasing scrutiny for their governance structures. Keeping in mind their strategic positioning within capital markets and possible conflict of interest, the Security Exchange Board of India (SEBI) issued a consultation paper on 24 June...
[By Anikait Chawla and Chinmaya Saraswat] The authors are students of Gujarat National Law University On 7 August 2025, the Securities and Exchange Board of India released a consultation paper called, “Proposals for Ease of Doing Business for Investment Advisers and Research Analysts” (the Paper). The Paper aims to lower procedural barriers for advisers and analysts while keeping investor protections in place. It builds on changes from December...
[By Ayushika Sinha] The author is a student of Symbiosis Law School, Pune. Introduction India’s IPO market in 2025 has shown remarkable resilience despite global uncertainties, with 108 IPO deals raising $4.6 billion in the first half of the year and a surge expected in the second half. A key factor is the trend of reverse flipping where startups are redomiciling their holding companies from overseas jurisdictions back...
[By Ayushman Shrivastava] The author is a student of Hidayatullah National Law University (HNLU), Raipur Introduction In July 2025, the Reserve Bank of India (“RBI”) issued its Master Direction – Reserve Bank of India (Electronic Trading Platforms) Directions, 2025 (“2025 Master Directions”), replacing the 2018 framework and the earlier 2024 draft. At its heart, this latest framework signals a decisive pivot: steering ETP activity firmly onshore. The RBI’s...
[By Sahil Singh and Shivanshu Shivam] The authors are students of Chanakya National Law University Introduction The Online Gaming Bill 2025 is a significant change of approach in moving away from a supervisory approach toward a statutory one, where prohibition is the new normal. This Bill introduces, on the one hand, a promotion of the e-sports and social-gaming activities under Sections 3 and 4, whereas it promotes,...
[By Samyak Deshpande and Vedika Kulkarni] The authors are students of Maharashtra National Law University Mumbai Introduction Recently, the Hon’ble Supreme Court of India (SC), in CCI v Schott Glass India, upheld the decision of the Competition Appellate Tribunal (COMPAT), dismissing the appeal filed by the Competition Commission of India (CCI). The Court held that the Director General’s (DG) report was lacking in evidentiary value. To be...