Regulatory and Statutory Updates in India
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Risk Management Solutions Products
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What our Clients are saying
New Growth
Komrisk is an efficient tool for monitoring compliances. It aids in providing crisp management reports. Updating compliances on Komrisk has become a routine for all our departments now. The mail updates sent by Lexplosion is another value-add. Even the team at Lexplosion is very helpful and reactive to our needs.
– NeoGrowth Credit Pvt Ltd
Matrimony
Matrimony.com, the leading online matrimony company, operates with offices across several cities in India. Our partnership with Lexplosion allows us to streamline our internal compliance processes and stay compliant.
– Matrimony.com Ltd
HD works
Lexplosion’s updates service is commendable. The Updates are very prompt and crisp and briefly explain the regulatory/ compliance requirements. We have been engaged with Lexplosion since 2 years and their quick response, analysis of updates, details on how our compliances are getting affected are of immense help. Even during the pandemic, we have received very quick and live alerts of the various restrictions and permissions that the Government has been issuing from time to time which were helpful for us. Lexplosion team has been very helpful in solving our queries relating to various notifications and government orders. What I like most about their updates service is how they analyse a draft regulation and intimate us in advance how a proposed regulation will affect us. The Updates are very well and accurately drafted and crisp. One thing we like the most is the simplicity of the language by virtue of which even employees who are not in the legal field are able to understand and perform accordingly.
– H.D. Works Ltd
Sonata Software
Sonata has been using Komrisk application for all its entities. The application is user-friendly, regular reminders and escalations are sent and we have never encountered any issues. Further, the Lexplosion team has been very prompt and supportive. We get daily updates about changes in laws and regulations, along with the summary of the changes which is immensely helpful for us to keep track of the compliances.
– Sonata Software Limited
onmobile testimonial
Komrisk has changed our view on how to handle compliances. Historically, compliance management was a cumbersome process. Komrisk provides a real-time view of our compliance status. Komrisk has helped us cut down on manually tracking compliances and has improved the productivity of the compliance team to a great extent.” Or “Komrisk has provided us with a platform to ensure that compliances are handled professionally and we stay compliant.
– OnMobile Global Ltd
Apotex Research Private Limited
Lexplosion as a business partner / stakeholder has contributed significantly for the last couple of years. Their incessant enthusiasm together with the professional acumen acts as a guiding force for our business and helps to remain compliant round the clock. They are equipped with world class software and excellent knowledge bank which not only helps to serve complex problem with simpler solution but acts as a superb soaking pad for all of our functional queries relating to compliances. The testing time was onset of COVID lockdown and thereafter, they rose to the occasion and delivered all the updates on real-time basis, conducted webinars to decipher the statutes for the layman to understand, provide state-wise updates on all relevant notifications / enactments etc. etc. We wish the Lexplosion team a glorious future.
– Apotex Research Private Limited
wonderla
Wonderla Holidays Limited has subscribed for Komplify compliance tool from Lexplosion Solutions Pvt Ltd. The tool is fulfilling most of our compliance requirements. The team at Lexplosion are very apt in forwarding the Legal Updates and the Support is especially worthy of special mention.
– Wonderla Holidays Limited
vesuvius
We have immensely benefited by partnering with Lexplosion. Deployment of Komrisk has strengthened our approach to the compliance framework applicable to our industry. Moreover, the regulatory updates reported over email and factoring the same in the database are extremely helpful to stay posted on current amendments. The most distinguishing feature of Lexplosion is the promptness with which the team responds to queries and offers solutions.
– Vesuvius India Limited
Nordex India Private Limited
We are using Komrisk tool from past 2 years across all sites of our operation. It helps in real time tracking of compliance status across all sites with a proactive escalation. We do get regular updates on changing regulations helping us to be compliant at all times.
– Nordex India Private Limited
Nu vista
Komrisk has changed our view on how to handle compliances. Historically, compliance management was a cumbersome process. Komrisk provides a real-time view of our compliance status. Komrisk has helped us cut down on manually tracking compliances and has improved the productivity of the compliance team to a great extent.
– Nu Vista Limited
century ply
Deploying Komrisk has aided in improving how we approach handling compliances. We have been using Komrisk for more than 2 years now covering all our business locations across India. Komrisk has improved efficiencies and performance of our employees handling compliances and has streamlined our internal compliances processes and provides a real-time visibility of our compliance status.
– Century Plyboards India Limited
citius tech
Komrisk is the most user friendly tool in the market. Every compliance task is explained in plain language with ‘What’ and ‘When’ questions and is supported with corresponding forms / returns which are supposed to be filed. This makes it extremely efficient for handling multi-department compliance – monitoring.
– CitiusTech Healthcare Technology Private Limited
d-mart
Lexplosion provides up to date updates as required. Even query is resolved properly. We find the regulatory updates reported by Lexplosion very informative and accurate. The notifications are well explained. We would strongly recommend the update service provided by Lexplosion to our colleagues.
– Avenue Supermarts Limited (D-Mart)
Ivy Computech
Everyone in our team has expressed a good feedback in terms of receiving the updates on time. At a click of a button notification or circular is available with us which avoids exploring to different portals or google search. Really it is very useful in particular during the lock-down period as the number of notifications / amendments are significant in number.
– Ivy Comptech
EISAI
The Komrisk tool is user-friendly & economical. We have a very good experience with the software as well as the technical and customer support team. The judgements, legal and regulatory updates as well as case analysis that we receive from time to time are very informative, crisp and is well acknowledged by all users. Lexplosion is always keen to upgrade on their services and constantly & proactively seeks feedback.
– Eisai Pharmaceuticals India Pvt. Ltd
Subex
Komrisk has provided us with a platform to ensure that compliances are handled professionally and we stay compliant. Deployment of Komrisk has provided us a clear overview of the complex compliances in the IT industry. Moreover periodic updates to the compliance database also helps us stay compliant on applicable compliances as well.
– Subex
What’s Happening
Latest Updates
FSSAI issues direction regarding enforcement of maximum limits of TFA in Vegetable Oil / Fats products under FSS (Food Product Standards and Food Additives) Tenth Amendment Regulations, 2020
The Food Safety and Standards Authority of India had under the Food Safety and Standards (Food Products Standards and Food Additives) Tenth Amendment Regulations, 2020 (“Amendment Regulations”) specified that vegetable oils/ fat products specified in the Amendment...
DoT specifies radio spectrum frequency Bands by means of auction in various Licensed Service Areas; single auction process to be carried out for assigning Spectrum blocks for frequencies
The Department of Telecommunications (“DoT”) has proposed to assign the right to use specified radio spectrum frequencies in the 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500MHz Bands by means of auction in various Licensed Service Areas (“LSA”)....
SEBI notifies SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2021; exempts specific securities from lock in provisions to the extent to achieve 10% public shareholding
In a Gazette Notification dated 8th January, 2021 the Securities and Exchange Board of India has issued the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2021 (“Amendment Regulations”) in order to...