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.
On November 21, 2019, the Securities and Exchange Board of India (“SEBI”) issued a circular on ‘Disclosures by listed entities of defaults on payme...
The Securities and Exchange Board of India (“SEBI”), in its meeting held on November 20, 2019, took, inter alia, the following decisions:
In the matter of Ramsay Exim and Technology Private Limited v. ICICI Bank Limited, the issue which came for consideration before the Calcutta High ...
On November 18, 2019, the Ministry of Corporate Affairs issued a notification to amend the Companies (Meetings of Board and its Powers) Rules, 2014...
In a recent judgment dated October 1, 2019 passed by the Calcutta High Court in the matter of Shivshankar Resources Ltd. & Ors. ("Appellants") vs. ...
An interesting statutory lacuna has been noticed by several High Courts in the country, inter alia, the Bombay, Allahabad, Delhi and Kerala High Co...
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...
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...
In a recent informal guidance issued to Goldcrest Corporation Limited (“GCL”) under the SEBI (Informal Guidance) Scheme, 2003, the Securities and E...
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