Yajas Setlur

Yajas Setlur, Senior Associate, JSA

Yajas’s key focus areas are General Corporate Commercial, Mergers & Acquisitions (M&A) and Private Equity (PE) & Venture Capital. He covers the full spectrum of assisting business through their life cycle from incorporation, day to day legal advice on business operations, seed and early stage growth capital financings as well as in strategic alliances.

Yajas is a member of JSA’s technology, media and telecommunications (TMT) practice. In this capacity, he advises clients extensively on various aspects of Indian information technology, data privacy and e-commerce laws.

 Yajas has assisted multinational clients in the domestic launch of global product initiatives and technology-based service offerings. He has counselled clients on Indian payment system regulations and foreign exchange laws, including regulations pertaining to pre-paid payment instruments, peer-to-peer fund transfer solutions and crypto-currencies.

Yajas has abundant experience in handling complex and high-value commercial transactions in the technology space. He has advised major communications and technology companies on outsourcing agreements, such as IT and transformational outsourcing contracts, co-sourcing agreements and other services arrangements.

 

Memberships

Karnataka State Bar Council

 

Publications

Computer Law Review International (CRi)

  • The Cost of Content – Social Media Platforms Put Under the Scanner
  • Landmark Ruling on Fundamental Right to Privacy with Far Reaching Consequences

 

Economic Times

  • Plenty at Stake: The status of Rummy in India
  • Cryptocurrencies in India: Fortunes in the face of uncertainty

 

Education

B.A., LL.B. from University Law College, Bangalore University

 

Languages

  • English
  • Kannada
  • Hindi

Some of the key assignments in these areas handled and being handled by Yajas amongst others, cover the following:-

  • Worked extensively on client’s UPI based payment system offering and related product launches;
  • Assisted client in preparing detailed compliance matrix for UPI technology offering;
  • Advised client (a licensed bank) on execution of local country addendum to a global master services agreement for provision of fraud and money-laundering reporting support services;
  • Assisted clients in structuring an offshore private equity fund, prepared the information memorandum (IM) and advised client on various aspects of foreign exchange regulations applicable to the Fund;
  • Advised client (global social media platform) on music licensing arrangements with Indian authors, publishing houses and copyright societies;
  • Advised clients on the implementation of payment structures consisting of onshore and offshore payment intermediaries and prepaid payment instruments.