Huzefa Tavawalla

Aug 19, 2024 | natlawreview.com | John Mysliwiec |Huzefa Tavawalla |Aniruddha Majumdar |Richard Newman

In Max Royal LLC v. Atieva, Inc., No. 23-16049, 2024 U.S. App. LEXIS 19910 (9th Cir. Aug. 8, 2024), the United States Court of Appeals for the Ninth Circuit affirmed the dismissal of a securities class action brought by investors who purchased shares of the special purpose acquisition company Churchill Capital Corporation IV (“CCIV”) in early 2021 before it merged with Atieva, Inc. d/b/a Lucid Motors (“Lucid”) in July 2021.

Aug 19, 2024 | natlawreview.com | Huzefa Tavawalla

Geospatial data or map data, as it is commonly called, has become one of the most important categories of data in recent times. It has wide-ranging uses right from infrastructure, mining and utility services to consumer-facing businesses such as mobility, fitness, and last-mile delivery and logistics. The importance of well-constructed, accurate and extensive map data can hardly be undermined for any modern economy.

Jul 29, 2024 | natlawreview.com | Huzefa Tavawalla

FROM CLICK TO BRICK: PROPOSAL TO EXPAND PAYMENT AGGREGATOR GUIDELINES FOR ONLINE AND OFFLINE TRANSACTIONSEarlier this year, the Reserve Bank of India (RBI) released draft directions proposing to amend the currently applicable Payment Aggregators guidelines issued on March 17, 2020 followed by clarifications on March 31, 2021 (PA Guidelines).

Mar 4, 2024 | natlawreview.com | Huzefa Tavawalla

The foreign investment policy was ambiguous about space activities beyond satellites, leading to different interpretations. Some companies made investments basis the view that investments in the activities not listed under the FDI policy in this sector could be made up to 100% without prior government approval. The proposed FDI Space Policy addresses these concerns and allows 100% foreign investments under the automatic and governmental approval route.

Aug 8, 2023 | natlawreview.com | Huzefa Tavawalla

Digital Personal Data Protection Bill, 2023 (“DPDP Bill”) passed by the Lok Sabha, following multiple iterations of a standalone data protection legislations since 2018. Several compliance obligations for collection and processing of digital personal data introduced. DPDP Bill to apply to processing of personal data outside of India in connection with offering goods or services to data principles located in India. Introduction of key rights and duties for data principles.