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.

08th Feb, 2019

RBI Circular | ECB for resolution applicants

  • Finance

The Reserve Bank of India (“RBI”), vide a circular dated February 7, 2019 (“Circular”), has relaxed the end-use restrictions stipulated in the circ...

05th Feb, 2019

Ombudsman Scheme for Digital Transactions 2019

  • Finance

The Reserve Bank of India (“RBI”) vide a notification dated January 31, 2019, introduced the ‘Ombudsman Scheme for Digital Transactions 2019’ (“Sch...

30th Jan, 2019

Supreme Court on whether a secured creditor has an right to file a winding up petition after obtaining a recovery certificate from the DRT

  • Corporate and M&A,
  • Finance,
  • Disputes

The Hon’ble Supreme Court in Swaraj Infrastructure Pvt. Ltd. v. Kotak Mahindra Bank Ltd. (Civil Appeal No. 1291 of 2019) has held that the a sec...

22nd Jan, 2019

ECB Policy- New Framework

  • Corporate and M&A,
  • Finance

04th Jan, 2019

RBI Circular - Micro, Small and Medium Enterprises (MSME) sector – Restructuring of Advances

  • Finance

On January 1, 2019, the Reserve Bank of India (“RBI”) issued a circular (“Circular”) in connection with the restructuring of advances availed by Mi...

29th Dec, 2018

RBI Circular - Filing of Security Interest with CERSAI

  • Finance

On December 27, 2018, the Reserve Bank of India (“RBI”) issued a circular (“Circular”) in connection with filing of security interest relating to i...

27th Dec, 2018

FDI in E-commerce | Press Note 2 (2018)

  • Corporate and M&A,
  • Finance

04th Dec, 2018

Relaxation on the guidelines to NBFCs on securitisation transactions

  • Finance

On November 26, 2018, the Reserve Bank of India (“RBI”) issued a circular on ‘Relaxation on the guidelines to NBFCs on securitisation transactions’...

12th Nov, 2018

External Commercial Borrowings (ECB) Policy – Review of Minimum Average Maturity and Hedging Provisions

  • Corporate and M&A,
  • Finance

12th Nov, 2018

RBI Partial Credit Enhancement Notification dated November 2, 2018

  • Finance

11th Nov, 2018

Hindon Forge Private Limited v. The State of Uttar Pradesh

  • Finance,
  • Disputes

On November 1, 2018, the Hon’ble Supreme Court of India passed a judgment in Hindon Forge Private Limited v. The State of Uttar Pradesh (Civil Appe...

29th Oct, 2018

RBI Master Direction dated October 25, 2018

  • Finance



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