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.

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 & ADR

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 & ADR

04th Mar, 2019

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

  • Disputes & ADR

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 & ADR

20th Feb, 2019

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

  • Disputes & ADR

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 & ADR

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...

19th Feb, 2019

Bombay High Court on whether seeking of specific performance of agreement to sell proposed to be used for commercial purpose is 'commercial dispute'

  • Corporate and M&A,
  • Disputes & ADR

On February 8, 2019, the Hon’ble Bombay High Court passed a judgement in the matter of Kanchanganga Realtors Private Limited v. Monarch Infrastruct...

19th Feb, 2019

Bombay High Court on whether lifting of corporate veil to be allowed basis common directorship and shareholders

  • Corporate and M&A,
  • Disputes & ADR

In the captioned matter Justice A.K. Menon of the Special Court at the Hon’ble Bombay High Court formed under the Special Court (Trial of Offences ...

16th Feb, 2019

NCLAT judgment in Ashish Garodia v Impact Event Management & Anr.

  • Corporate Restructuring & Insolvency,
  • Disputes & ADR



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