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India
Vaish Associates Advocates
Securities Exchange Board of India ("SEBI"), vide its circular dated August 24, 2023 ("FPI Circular"), had mandated additional disclosures for foreign portfolio investors ("FPIs") fulfilling certain objective criteria.
Argus Partners
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016 ...
Argus Partners
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016 ...
Khurana and Khurana
We are aware that the corporations do not require shareholders to pay the whole share price in a single payment. It calls them when the money is needed.
Khurana and Khurana
The classification of financial and operational debts within the context of insolvency proceedings presents a complex legal landscape that demands scrutiny and nuanced interpretation.
Obhan & Associates
The legal landscape surrounding corporate disputes in India underwent a significant transformation with the enactment of the Companies Act, 2013 ("Act").
Metalegal Advocates
In the case of Biman Bangladesh Airlines Limited v. Kuka Travels Private Ltd., the High Court of Calcutta ('HC') addressed the issue of accountability of directors of a struck-off company...
AK & Partners
The Ministry of Corporate Affairs ("MCA"), vide its adjudication order dated April 03, 2024 ("Order"), has levied a penalty amounting to INR 7,00,00,000...
YNZ Group
In simple words , reduction of capital occurs where a company reduces the amount of its share capital. Capital reduct ion involves strategic reshaping of a company's...
YNZ Group
As per the annual report published by the Ministry of Road Transport and Highways on "Road Accidents in the year 2022" a total of 4,61,312 road accidents...
Dhruva Advisors LLP
Karnataka High Court allowing a batch of several appeals against the Tribunal ruling, held that a trust structure is not liable for Service Tax, when it deals with monies collected as an investment fund.
Economic Laws Practice
The Reserve Bank of India (RBI) has issued consolidated guidelines for issuance of Guarantee and Co-acceptance of Bill by the Banks in India (vide Master Circular DOR. STR.
Economic Laws Practice
The IFSCA vide a circular dated April 5, 2024, on "Ease of doing business – Filing of Schemes or funds under IFSCA (Fund Management) Regulations 2022", has simplified the process for launching of funds and schemes ...
Argus Partners
On February 15, 2024, the Insolvency and Bankruptcy Board of India ("IBBI") amended the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 vide the Insolvency and Bankruptcy Board of India Regulations, 2024.
Argus Partners
The Delhi High Court recently in the case of, Vingro Developers Private Limited v. Nitya Shree Developers Private Limited, (Arb. P. 667/2023), has held that directors of a company cannot be made party...
Argus Partners
On January 24, 2024, the Ministry of Finance ("MoF") in exercise of the powers conferred under Section 46(2)(aa) and Section 46(2)(ab) of the Foreign Exchange Management Act...
Argus Partners
The Department of Parliamentary Affairs and Legislation, Government of Karnataka, has on February 03, 2024, notified the Karnataka Stamp (Amendment) Act, 2023 which has amended the stamp duty applicable on instruments ...
Singhania Secretarial Consultancy LLP
In today's hyper-competitive Indian market, where consumer preferences are constantly evolving, design plays a crucial role in a product's success.
Argus Partners
On January 31, 2024, the Insolvency and Bankruptcy Board of India ("IBBI") amended the IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019.
Argus Partners
The Supreme Court on February 12, 2024 in ‘Greater Noida Industrial Development Authority v. Prabhjit Singh Soni' reported in 2024 SCC Online SC 122 sent back a resolution plan to the committee of creditors ("COC") for resubmission.
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