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 June 28, 2019, the Reserve Bank of India (“RBI”) issued a circular on ‘Permission to acquire financial asset from other Asset Reconstruction Com...
The Reserve Bank of India, vide a notification dated June 20, 2019 (“Notification”), has issued directions in relations to ‘Rollout of the foreign ...
On February 20, 2019, the Supreme Court of India passed an order in the case of Bharat Heavy Electricals Ltd. v Mahendra Prasad Jakhmola (Civil App...
On May 17, 2019, the Calcutta High Court (“Court”) passed an order in the case of Sun Pharmaceuticals Industries Ltd. & Anr. v. State Bank of India...
The Reserve Bank of India (“RBI”), on May 24, 2019, has released a draft circular pertaining to ‘Liquidity Risk Management Framework for Non-Bankin...
The Securities and Exchange Board of India (“SEBI”) vide a notification dated May 7, 2019, issued the SEBI (Listing Obligations and Disclosure Requ...
The Securities and Exchange Board of India (“SEBI”) has issued an informal guidance on January 28, 2019 to JM Financial Limited (“JMFL”), under the...
By a notification dated May 16, 2019, the Ministry of Corporate Affairs has notified the Companies (Appointment and Qualification of Directors) 2nd...
On May 16, 2019, the Reserve Bank of India (“RBI”) issued a notification titled ‘Risk Management System – Appointment of Chief Risk Officer (CRO) f...
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