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.

02nd Apr, 2019

SC - Continuation of proceedings against a company whose name has been struck off-

  • Corporate and M&A,
  • Disputes

On March 12, 2019, the Supreme Court of India passed a judgment in the matter of Commissioner of Income Tax, Jaipur v. M/s Gopal Shri Scrips Privat...

02nd Apr, 2019

RBI Notification | Disclosure in the

  • Finance

The Reserve Bank of India (“RBI”), vide a notification dated April 1, 2019 (“Notification”), has made certain changes in respect of the provisions ...

18th Mar, 2019

SC on which allowances to form part of the 'basic wages' for the purpose of EPF contribution

  • Labour & Employment,
  • Disputes

The Hon’ble Supreme Court vide its judgement dated 28th February 2019, in case of The Regional Provident Fund Commissioner (II) West Bengal v. Vive...

15th Mar, 2019

SEBI Circular: Modification of circular dated December 7, 2018 on Disclosure of significant beneficial ownership in the shareholding pattern

  • Corporate and M&A

Pursuant to the amendments made to the Companies (Significant Beneficial Owners) Rules, 2018 (“Rules”) by the Companies (Significant Beneficial Own...

14th Mar, 2019

SC on whether teachers are entitled to gratuity

  • Labour & Employment,
  • Disputes

On March 7, 2019, the Supreme Court of India passed its judgment in the matter of Birla Institute of Technology v. The State of Jharkhand (C.A. No....

07th Mar, 2019

RBI Circular | Voluntary Retention Route for FPIs

  • Finance

The Reserve Bank of India (“RBI”), in consultation with the Government of India and the Securities and Exchange Board of India, vide a circular dat...

04th Mar, 2019

John Distilleries Private Limited v. Brihan Maharashtra Sugar Syndicate Limited (A.P. No. 874 of 2015)

  • Disputes

04th Mar, 2019

Calcutta High Court on termination of mandate of arbitrators and appointment of substitute arbitrator

  • Disputes

On February 27, 2019, the Hon’ble High Court at Calcutta passed a judgment in the matter of Rahee-Allied (JV) & Ors. v. Union of India (A.P. No.864...

25th Feb, 2019

DPIIT Notification dated 19 February 2019-Revised definition of Startup

  • Corporate and M&A

25th Feb, 2019

Calcutta High Court on whether only advocates are entitled to plead and argue before court of law

  • Disputes

20th Feb, 2019

Calcutta High Court on effect of vacation of anti-suit injunction on enforcement of foreign award

  • Disputes

The Hon’ble High Court of Calcutta (“Court”) in the case of Devi Resources Limited v AMBO Exports Limited (APO No. 430 of 2017), held that the anti...

20th Feb, 2019

Bombay High Court on whether the contract is concluded on deposit of earnest money and if an unregistered corporate society can enter into a contract

  • Corporate and M&A,
  • Disputes

On September 12, 2018 the Hon’ble Bombay High Court passed a judgement in the matter of Shraddha Commercial Premises Cooperative. Society v. The St...

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