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.

31st Jul, 2018

SEBI Informal Guidance

  • Corporate and M&A

In a recent informal guidance dated July 23, 2018, issued by Securities Exchange Board of India (“SEBI”) the issue that was considered was whether ...

04th Jul, 2018

SEBI circular on overseas investment limit of AIFs and VCFs

  • Private Equity & Venture Capital

SEBI vide circular dated July 3, 2018, has increased the overseas investment limit of alternative investment funds (“AIFs”) and venture capital fun...

19th Jun, 2018

MCA notifications amending the Limited Liability Partnership Rules, 2009 and Companies (Appointment and Qualification of Directors) Rules, 2014

  • Corporate and M&A

18th Jun, 2018

Certain sections notified under the Companies (Amendment) Act, 2017

  • Corporate and M&A

11th Jun, 2018

Investment in InvITs by sponsor - systemically important core investment companies

  • Corporate and M&A,
  • Private Equity & Venture Capital

On June 7, 2018, the Reserve Bank of India (“RBI”) issued a notification RBI/2017-18/189 DNBR (PD) CC.No.093/03.10.001/2017-18 (“Notification”) in ...

22nd May, 2018

Amendment to SEBI Circular No. IMD/FPIC/CIR/P/2018/61 and Circular No. IMD/FPIC/CIR/P/2018/74 (Monitoring of Foreign Investments Limits by Indian Listed Companies)

  • Corporate and M&A

On May 17, 2018 vide Circular No. IMD/FPIC/CIR/P/2018/81, SEBI has issued an amendment to the SEBI Circular No. IMD/FPIC/CIR/P/2018/61 dated April ...

15th May, 2018

Amendments to SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

  • Corporate and M&A

On May 9, 2018, the Securities and Exchange Board of India (“SEBI”) published the SEBI (Listing Obligations and Disclosure Requirements) (Amendment...

15th May, 2018

Implementation of certain recommendations made by the Committee on Corporate Governance

  • Corporate and M&A

The Securities and Exchange Board of India (“SEBI”) vide circular dated May 10, 2018 has implemented certain recommendations made by the Committee ...

10th May, 2018

Amendment Rules issued by MCA

  • Corporate and M&A

09th May, 2018

MCA notification dated May 7, 2018

  • Corporate and M&A

08th May, 2018

M/s Sree Anandhakumar Mills Ltd. v. M/s Indian Overseas Bank

  • Finance,
  • Disputes & ADR

On May 3, 2018, the Supreme Court (“SC”) passed a judgement in the case of M/s Sree Anandhakumar Mills Ltd. v. M/s Indian Overseas Bank (C.A. No(s)...

06th Apr, 2018

CCI Order against Ghaziabad Development Authority

  • Competition

The Competition Commission of India (‘CCI’) has imposed penalty on Ghaziabad Development Authority (‘GDA’) for abuse of its dominant position, vide...



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