The company form of organisation has been adapted to any organised activity which seeks to achieve a common goal. Charitable institutions, healthcare or even education is now offered as a tailor-made product for the customer or end-user. Of course, FMCG, banking and insurance, automobiles, infrastructure, aviation, information technology, real estate or transport industries continue to evolve newer ways of structuring themselves and seek sound counsel to comply with different laws.
Select an industry from the list below to learn more.
With the growth of industries and economic development key infrastructure like aviation plays a vital part in placing the country higher in growth trajectory. Now with connectivity playing a crucial role, the Government and the aviation industry are contemplating connecting various centres (including tier II and tier III towns) to be able to meet the infrastructure needs of the country.
Education is one area that is yet to be tapped to its fullest potential in India. With a huge dependant population, it is the focus of the Government as well as the corporate. The industry today needs more skilful and trained professionals than never before.
Sustainable development and the precautionary principle have been declared to be law of the land by the Hon’ble Supreme Court of India. The law relating to environment impacts the day to day functioning of companies and corporations - be it global warming or electronic waste disposal, for instance.
Financial Services have become a major contributor to the GDP of the country in the recent decades. A huge chunk of investment-pie is taken by the financial services sector. L&S possesses the expertise to advise banks, NBFCs and companies alike on the implications arising under the RBI Act, Banking Regulation Act, FEMA and Prevention of Money Laundering Act.
Sport has evolved from mere physical activity with set rules to a massive industry operating in a regulatory regime to ensure fair competition and protection of rights. Laws governing sports in India including laws relating to online sports betting require an intricate understanding about the working of the sports sector, especially when it comes to the issues of protecting the rights of the event organizers, sponsors, training academies and the players.
It is predicted that India would in the near future become the second largest trading nation in the world. Trade in goods and services has been very buoyant in India and would continue to be so in the future too.
As a key component of infrastructure sector, the energy segment is now one of the top priority areas of the Government. The relationship between the development process and consumption of energy is interlinked.
Real estate and Construction
The march of the nation into next century hinges on effectively providing infrastructure to support industries. This sector deals with one of the most sensitive resources, namely land. The inflow of foreign investment into this sector is also increasing.
The landscape of electricity regulation has undergone a sea-change in the last decade. The role of the private sector and regulation of generation, transmission and distribution has assumed prominence.
India’s mineral wealth from core sector needs like iron to bauxite to the new age demands like uranium is distributed throughout the length and breadth of the country. India can boast of the some of the largest reserves of coal and iron located in close proximity to each other.
Telecom and Broadcasting
Post-liberalisation the IT revolution has totally altered the communications scenario in India. With privatisation and opening up of economy, the telecom laws have come to impact the major corporates as well as on individuals.