JSA in
News

India’s s decision to potentially ban real-money online games has blindsided the $30-billion industry, risking 200,000 jobs and billions in tax revenue. Executives say they were working with regulators on tighter oversight—only to be outlawed overnight. Investors warn the potential move could erode confidence in India’s digital economy. Read Article

The proposed Promotion and Regulation of Online Gaming Bill, 2025, tabled and passed with unusual haste in the Lok Sabha today, has taken the legal fraternity by surprise. Top lawyers have described it as a draconian measure that not only threatens a booming ₹2 lakh crore industry but also endangers the livelihood of lakhs of people employed in the sector. Legal experts said the contentious Bill, which carries severe legal ramifications, will be taken up in the Rajya Sabha tomorrow before being sent for Presidential assent. Read Article

Ban on real money gaming abuses our Constitutional rights, say gaming companies, in response to the passing of the Promotion and Regulation of Online Gaming Bill, 2025. An entire sector generating revenue worth ₹31,000 crore is about to be ousted from the Indian economy to prevent addiction risks among the youth under the Online Gaming Bill passed by the Lok Sabha on Wednesday. Read Article

The Securities and Exchange Board of India (Sebi) is proposing to ease norms for large companies looking to sell shares through an Initial Public Offering (IPO). The regulator has recommended to reduce the minimum proportion of shares (MPS) that such companies must offer to the public in the issue. The proposal would allow entities such as the National Stock Exchange (NSE) and Reliance Jio Infocomm, which command multi-billion-dollar valuations, to go public with a smaller float. Read Article

The Securities and Exchange Board of India (Sebi) on Monday proposed lowering the minimum dilution requirement for mega initial public offerings (IPOs), a move expected to benefit large listings such as Reliance Jio Infocomm and the National Stock Exchange (NSE). Under the proposed norms, companies with a market capitalisation exceeding ₹5 trillion would be allowed to significantly reduce their minimum public offer (MPO). For instance, under the current framework, a company with a market valuation of ₹15 trillion must come out with an MPO worth ₹80,000 crore. This has been proposed to be reduced to ₹ 37,500 crore. Read Article

The Securities and Exchange Board of India (Sebi) on Monday proposed lowering the minimum dilution requirement for mega initial public offerings (IPOs), a move expected to benefit large listings such as Reliance Jio Infocomm and the National Stock Exchange (NSE). Under the proposed norms, companies with a market capitalisation exceeding ₹5 trillion would be allowed to significantly reduce their minimum public offer (MPO). For instance, under the current framework, a company with a market valuation of ₹15 trillion must come out with an MPO worth ₹80,000 crore. This has been proposed to be reduced to ₹ 37,500 crore. Read Article

SEBI is considering easing IPO norms for large companies like NSE and Reliance Jio, potentially allowing them to list with smaller floats. For firms exceeding ₹50,000 crore market cap, the minimum share sale could drop to 8%. The regulator also proposes extending the timeline to meet minimum public shareholding norms, aiming to prevent oversupply and stabilize share prices. Read Article

The Securities and Exchange Board of India (SEBI) on Monday proposed relaxing the minimum public offer requirements for very large companies and also extended the timelines for them to meet the minimum public shareholding (MPS) norms. According to the proposed framework, instead of adhering to a fixed high percentage, large issuers will have the flexibility to start with smaller IPOs and gradually meet shareholding requirements over a longer period. The relaxations will reduce the minimum threshold of shares to be sold to the public and reduce stake dilution pressure for the issuers. Read Article

Securities and Exchange Board of India (SEBI) has proposed to increase the flexibility of minimum public shareholding (MPS) and minimum public offer (MPO) for companies aspiring to get listed aimed at “simplifying fund-raising by issuers in India,” according to a consultation paper released August 18. Read Article

Global Capability Centres (GCCs) in India are evolving and adapting to new geopolitical changes, rather than being negatively impacted by them. Despite global uncertainties and trade tensions, GCCs leased a record 28 million sqft of office space in India in 2024, reinforcing India’s position as a resilient talent hub. These centres are diversifying talent pools, adopting multi-location delivery models, and investing in digital-first operations to reduce dependency on single geographies. According to Prakriti Jaiswal, Partner at JSA Advocates & Solicitors, GCCs are adopting a distributed approach by establishing a presence in multiple regions to reduce concentration risk and leverage global talent markets for specialized skills. This shift enables business continuity during regional disruptions and supports parent organizations more effectively. India’s strong talent pool, cost efficiency, and solid infrastructure backbone will continue to underpin GCC growth, with 60-70 new GCCs likely to be set up by year-end. Read Article

The proposal for a creditor-initiated insolvency resolution process under the Insolvency & Bankruptcy Code (Amendment) Bill, 2025, aims to reduce delays in insolvency cases by allowing lenders to initiate resolution without needing approval from the National Company Law Tribunal (NCLT) unless objected by the corporate debtor. This move has been welcomed by experts as a step towards faster resolution. According to Soumitra Majumdar, partner at JSA Advocates & Solicitors, narrowing the scope of adjudication will significantly reduce timelines, addressing admission delays and value erosion. The process is expected to be completed within 150 days, extendable by 45 days with the committee of creditors’ approval. This amendment is similar to pre-pack concepts in the UK and US, enhancing creditor rights to resolve debt quickly and boost the credit cycle. Read Article

The Indian government has taken a significant step towards improving the country’s insolvency framework with the introduction of the Insolvency and Bankruptcy Code (Amendment) Bill, 2025. The proposed amendments aim to reduce delays, maximize value for stakeholders, and improve governance of insolvency processes. According to Soumitra Majumdar, partner at JSA Advocates & Solicitors, the proposed amendments promise to cure current issues, including treatment of statutory charges, and provide newer solutions like pre-packaged insolvencies. The Bill proposes key changes, including creditor-initiated insolvency resolution, group insolvency, cross-border insolvency, and pre-packaged insolvency for companies. These changes are expected to streamline timelines, enhance ease of doing business, improve creditor recoveries, reduce tribunal caseloads, and attract global investors. Read Article