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.

12th Jun, 2020

SEBI's Informal Guidance: Daughters of the promoter holding more than 10% voting right in the company are not eligible to be reclassified as public shareholder

  • Corporate and M&A

In an informal guidance issued to Mirza International Limited (“MIL”) on June 10, 2020, under the SEBI (Informal Guidance) Scheme, 2003, the Securi...

12th Jun, 2020

Insider Trading through WhatsApp - SEBI Order in Mindtree, Wipro and Asian Paints

  • Corporate and M&A

11th Jun, 2020

Ministry of Corporate Affairs notifies the Companies (Share Capital and Debentures) Amendment Rules, 2020

  • Corporate and M&A

01st Jun, 2020

NCLT Chandigarh - Threshold of 90% specified in Section 230(9) of the Companies Act, 2013 to be calculated basis a particular date

  • Corporate and M&A,
  • Disputes

In a relatively recent order, the Chandigarh Bench of National Company Law Tribunal, has occasion to consider sub-section (9) of Section 230 of the...

23rd Apr, 2020

Delhi High Court rules that country-wide lockdown is prima-facie in the nature of Force Majeure

  • Corporate and M&A,
  • Disputes

18th Apr, 2020

FDI Update: Foreign investments into India from countries with which India shares borders will require Government approval.

  • Corporate and M&A,
  • Finance

13th Apr, 2020

Ministry of Corporate Affairs permits companies to conduct EGMs through Video Conferencing and Audio Visual means due to COVID-19

  • Corporate and M&A

The Ministry of Corporate Affairs (“MCA”) vide General Circular No. 14/2020, dated April 8, 2020, has allowed companies to conduct extraordinary ge...

08th Apr, 2020

SEBI penalises two promoter entities of Yes Bank Limited namely – Morgan Credits Private Limited and Yes Capital (India) Private Limited

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

By an order dated 31st March 2020, Securities Exchange Board of India (SEBI) imposed Rs.1 crore penalty on two promoter entities of Yes Bank Limite...

07th Apr, 2020

Procedure for issuing summons on Corporate Bodies as per the Code of Criminal Procedure; 1973

  • Corporate and M&A,
  • Disputes

On 14th January 2020, the High Court at Bombay in its decision rendered in the case of Sanjeev S. Malhotra v. The State of Maharashtra & Anr., anal...

05th Apr, 2020

Companies Fresh Start Scheme, 2020

  • Corporate and M&A

The Ministry of Corporate Affairs (“MCA”) vide general circular no. 12/2020 has introduced the ‘Companies Fresh Start Scheme, 2020 (CFSS-2020)’ (“S...

03rd Apr, 2020

Contribution to PM Cares Fund as Eligible CSR Expenditure

  • Corporate and M&A

02nd Apr, 2020

SEBI Update on Relaxation for Regulatory Filing for AIFs and VCFs

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

SEBI has issued a circular dated March 30, 2020 to extend the due date for regulatory filings for AIFs and VCFs for the periods ending March 31, 20...



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.