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.

22nd May, 2019

Informal Guidance pertaining to Venture Capital Funds

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

The Securities and Exchange Board of India (“SEBI”) has issued an informal guidance on January 28, 2019 to JM Financial Limited (“JMFL”), under the...

21st May, 2019

Companies (Appointment and Qualification of Directors) 2nd Amendment Rules, 2019

  • Corporate and M&A

By a notification dated May 16, 2019, the Ministry of Corporate Affairs has notified the Companies (Appointment and Qualification of Directors) 2nd...

15th May, 2019

Companies (Incorporation) Fifth Amendment Rules, 2019

  • Corporate and M&A

By a notification dated May 10, 2019, the Ministry of Corporate Affairs has notified the Companies (Incorporation) Fifth Amendment Rules, 2019 (“Am...

15th May, 2019

Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2019

  • Corporate and M&A

On May 8, 2019, the Ministry of Corporate Affairs notified the Companies (Removal of Names of Companies from the Register of Companies) Amendment R...

10th May, 2019

SEBI Update | Reporting for Artificial Intelligence and Machine Learning applications and systems offered and used by Mutual Funds

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

The Securities and Exchange Board of India (“SEBI”) vide a circular dated May 9, 2019 (“Circular”), has introduced a new reporting process for all ...

30th Apr, 2019

RBI Update | Investment by FPI in debt

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

The Reserve Bank of India (“RBI”), on April 18, 2019, notified the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident ...

02nd Apr, 2019

RBI Update | Establishment in India of a branch office/ liaison office/ project office or any other place of business

  • Corporate and M&A

The Reserve Bank of India (“RBI”), on March 28, 2019, has issued a circular A.P. (DIR Series) Circular No. 27 (“Circular”), in relation to the For...

02nd Apr, 2019

SC - Continuation of proceedings against a company whose name has been struck off-

  • Corporate and M&A,
  • Disputes

On March 12, 2019, the Supreme Court of India passed a judgment in the matter of Commissioner of Income Tax, Jaipur v. M/s Gopal Shri Scrips Privat...

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...

25th Feb, 2019

DPIIT Notification dated 19 February 2019-Revised definition of Startup

  • Corporate and M&A

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

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

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



Our Offices

Mumbai

11, 1st Floor, Free Press House
215, Nariman Point
Mumbai – 400021

+91 22 67362222

Delhi

7A, 7th Floor, Tower C, Max House,
Okhla Industrial Area, Phase 3,
New Delhi – 110020

+91 11 6904 4200

Bengaluru

68 Nandidurga Road
Jayamahal Extension
Bengaluru – 560046

+91 80 46462300

Kolkata

Binoy Bhavan
3rd Floor, 27B Camac Street
Kolkata – 700016

+91 33 40650155/56

DISCLAIMER

The rules of the Bar Council of India do not permit advocates to solicit work or advertise in any manner. This website has been created only for informational purposes and is not intended to constitute solicitation, invitation, advertisement or inducement of any sort whatsoever from us or any of our members to solicit any work in any manner. By clicking on 'Agree' below, you acknowledge and confirm the following:

a) there has been no solicitation, invitation, advertisement or inducement of any sort whatsoever from us or any of our members to solicit any work through this website;

b) you are desirous of obtaining further information about us on your own accord and for your use;

c) no information or material provided on this website is to be construed as a legal opinion and use of this website will not create any lawyer-client relationship;

d) while reasonable care has been taken in ensuring the accuracy of the contents of the website, Argus Partners shall not be responsible for the results of any actions taken on the basis of information provided in this website or for any error or omission in the website; and

e) in cases where the user has any legal issues, the user must seek independent legal advice.