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.

18th Nov, 2019

Kerala HC issues rules on guardianship of people in comatose stage

  • Disputes

An interesting statutory lacuna has been noticed by several High Courts in the country, inter alia, the Bombay, Allahabad, Delhi and Kerala High Co...

15th Nov, 2019

Calcutta High Court on whether approval of Resolution Plan under IBC discharges the Guarantors

  • Corporate Restructuring & Insolvency,
  • Disputes

In a recent judgment dated November 13, 2019 passed by the Calcutta High Court in the matter of Gouri Shankar Jain ("Petitioner") vs. Punjab Nation...

14th Nov, 2019

Supreme Court on Illegality as a defence

  • Disputes

Illegality, as a defence, to deny claim of a party to an illegal agreement to enforce other party’s end of bargain has seen a lot of traction now d...

14th Nov, 2019

Continuing consequences of compulsory delisting - SEBI's informal guidance

  • Corporate and M&A

In a recent informal guidance issued to Goldcrest Corporation Limited (“GCL”) under the SEBI (Informal Guidance) Scheme, 2003, the Securities and E...

13th Nov, 2019

RBI Circular: Withdrawal of exemptions granted to HFIs

  • Finance

05th Nov, 2019

CCI issues directions under Section 26(1) against MakeMyTrip and Oyo

  • Competition

05th Nov, 2019

Cal HC on resulting company's right to avail pre-qualification experience of demerged entity with effect from Appoint Date

  • Corporate and M&A,
  • Disputes

31st Oct, 2019

Supreme Court on imputation of criminal liability on MD of the accused company

  • Corporate and M&A,
  • Disputes

On August 23, 2019, the Supreme Court gave a decision in the case of Shiv Kumar Jatia Vs. State (NCT of Delhi). (Criminal Appeal No. 1263 of 2019) ...

24th Oct, 2019

Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019

  • Corporate and M&A

On October 22, 2019, the Ministry of Corporate Affairs issued a notification pertaining to the Companies (Appointment and Qualification of Director...

23rd Oct, 2019

State of Jharkhand v. HSS Integrated SDN - Scope of Interference under Section 34 and 37 of Arbitration Act

  • Disputes

On October 18, 2019, the Supreme Court gave its decision in the case of State of Jharkhand v. HSS Integrated SDN & Anr. (Special Leave to Appeal (C...

23rd Oct, 2019

SEBI Informal Guidance to Apollo Tricoat Tubes Limited

  • Corporate and M&A

23rd Oct, 2019

Repeal and substitution of FEMA R-20 and FEM (Acquisition and Transfer of Immovable Property in India) Regulations, 2018

  • Corporate and M&A,
  • Finance



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