Updates



Quick updates to help our readers stay up to date on various legal and regulatory developments. It is not intended to be an analysis on the subject, but merely a brief snapshot.

17th Jun, 2020

SEBI specifies the options that are to be invested in for the purpose of regulation 28(4) of the SEBI (Mutual Funds) Regulations, 1996

  • Corporate and M&A,
  • Private Equity & Venture Capital

16th Jun, 2020

Madras HC decides upon whether it is open to parties to an arbitration agreement to exclude all other courts when more than one court has jurisdiction to adjudicate the disputes

  • Disputes & ADR

The Madras High Court on May 7, 2020 in the case of Geo Foundations and Structures Private Limited (“Petitioner”) vs. Tata Projects Limited (“Respo...

16th Jun, 2020

Bombay High Court discusses upon the mandatory nature of pre-arbitration clauses and examines whether an arbitration clause which provides discretion to the parties to invoke arbitration, would qualify as an arbitration clause

  • Disputes & ADR

The Bombay High Court on June 5, 2020 in the case of Quick Heal Technologies Limited vs. NCS Computech Private Limited & ors., while determining a ...

12th Jun, 2020

SEBI clarifies deadline for annual PPM audit and performance benchmarking

  • Private Equity & Venture Capital

12th Jun, 2020

SEBI's Informal Guidance: Daughters of the promoter holding more than 10% voting right in the company are not eligible to be reclassified as public shareholder

  • Corporate and M&A

In an informal guidance issued to Mirza International Limited (“MIL”) on June 10, 2020, under the SEBI (Informal Guidance) Scheme, 2003, the Securi...

12th Jun, 2020

Insider Trading through WhatsApp - SEBI Order in Mindtree, Wipro and Asian Paints

  • Corporate and M&A

11th Jun, 2020

Ministry of Corporate Affairs notifies the Companies (Share Capital and Debentures) Amendment Rules, 2020

  • Corporate and M&A

08th Jun, 2020

Supreme Court holds that under Article 113 of the Limitation Act, 1963, limitation period begins when the right to sue accrues and not when right to sue

  • Disputes & ADR

The Supreme Court on June 5, 2020 set aside the decision of the trial court which was upheld by the first appellate court and Delhi High Court in t...

08th Jun, 2020

Bombay HC adjudicates upon the issues encompassing the procedure of appointment of arbitrators by the court and from a panel

  • Disputes & ADR

The Bombay High Court on June 2, 2020 in the case of Afcons Infrastructure Limited (“Petitioner”) vs. Konkan Railway Corporation Limited (“Responde...

08th Jun, 2020

Del HC adjudicates upon the legality of awarding a high rate of interest by way of damages @ 18% per annum by an arbitrator

  • Disputes & ADR

A Division Bench of the Delhi High Court on May 5, 2020 in the case of V4 Infrastructure Private Limited (“Appellant”) vs. Jindal Biochem Private L...

08th Jun, 2020

Supreme Court decides upon the applicability of West Bengal Government Premises (Tenancy Regulation) Act, 1976 upon bare land let out by government undertakings

  • Real Estate,
  • Disputes & ADR

The Supreme Court vide its judgement dated March 18, 2020, in the case of West Bengal Small Industries Development Corporation Ltd. and Ors. vs. So...

08th Jun, 2020

Ministry of Law and Justice notifies Insolvency and Bankruptcy Code (Amendment) Ordinance

  • Corporate Restructuring & Insolvency



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