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.

24th Feb, 2020

MCA prescribes rules for filings by RPs and Liquidators

  • Corporate and M&A,
  • Corporate Restructuring & Insolvency

On February 17, 2020, the Ministry of Corporate Affairs (“Ministry”) issued a general circular bearing number 04/2020, which clarifies the procedur...

13th Dec, 2019

Informal Guidance - BlackSoil Realty Investment Advisors LLP

  • Corporate and M&A

09th Dec, 2019

SEBI proposes Two Important Amendments to SEBI’s AIF Regulations

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

The Securities and Exchange Board of India (“SEBI”) has issued a consultation paper proposing for certain changes to the current regulatory regime ...

04th Dec, 2019

SEBI's informal guidance on 'designated person' and restriction on contra trade under the SEBI (Prohibition of Insider Trading) Regulations, 2015

  • Corporate and M&A

The Securities and Exchange Board of India (“SEBI”) has issued an informal guidance on November 25, 2019 to Arvind Limited (“Company”), under the S...

29th Nov, 2019

Bombay High Court on process to be followed for declaring a non-wholetime non-promoter director as Wilful Defaulter

  • Corporate and M&A,
  • Disputes & ADR

26th Nov, 2019

SEBI - Disclosure of default by listed entities

  • Corporate and M&A,
  • Finance

On November 21, 2019, the Securities and Exchange Board of India (“SEBI”) issued a circular on ‘Disclosures by listed entities of defaults on payme...

25th Nov, 2019

Decisions taken by SEBI in its board meeting

  • Corporate and M&A

The Securities and Exchange Board of India (“SEBI”), in its meeting held on November 20, 2019, took, inter alia, the following decisions:

21st Nov, 2019

Amendment of threshold for related party transactions

  • Corporate and M&A

On November 18, 2019, the Ministry of Corporate Affairs issued a notification to amend the Companies (Meetings of Board and its Powers) Rules, 2014...

14th Nov, 2019

Continuing consequences of compulsory delisting - SEBI's informal guidance

  • Corporate and M&A

In a recent informal guidance issued to Goldcrest Corporation Limited (“GCL”) under the SEBI (Informal Guidance) Scheme, 2003, the Securities and E...

05th Nov, 2019

Cal HC on resulting company's right to avail pre-qualification experience of demerged entity with effect from Appoint Date

  • Corporate and M&A,
  • Disputes & ADR

31st Oct, 2019

Supreme Court on imputation of criminal liability on MD of the accused company

  • Corporate and M&A,
  • Disputes & ADR

On August 23, 2019, the Supreme Court gave a decision in the case of Shiv Kumar Jatia Vs. State (NCT of Delhi). (Criminal Appeal No. 1263 of 2019) ...

24th Oct, 2019

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

  • Corporate and M&A

On October 22, 2019, the Ministry of Corporate Affairs issued a notification pertaining to the Companies (Appointment and Qualification of Director...



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