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.

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 & ADR

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 & ADR

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 & ADR

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

19th Feb, 2019

Bombay High Court on whether lifting of corporate veil to be allowed basis common directorship and shareholders

  • Corporate and M&A,
  • Disputes & ADR

In the captioned matter Justice A.K. Menon of the Special Court at the Hon’ble Bombay High Court formed under the Special Court (Trial of Offences ...

14th Feb, 2019

Delhi High Court Whether the exclusion of a subsidiary company, joint venture or associate of other company, for purpose of eligibility for registration as valuer is reasonable

  • Corporate and M&A,
  • Disputes & ADR

The Hon’ble High Court at Delhi in Cushman and Wakefield India Private Limited v. Union of India and Anr. (Writ Petition No. 9883 of 2018) has uphe...



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