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.

30th Apr, 2019

RBI Update | Ombudsman scheme for NBFCs

  • Finance

The Reserve Bank of India (“RBI”) had vide a notification dated February 23, 2018, introduced the Ombudsman Scheme for Non-Banking Financial Compan...

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 Notification | Disclosure in the

  • Finance

The Reserve Bank of India (“RBI”), vide a notification dated April 1, 2019 (“Notification”), has made certain changes in respect of the provisions ...

07th Mar, 2019

RBI Circular | Voluntary Retention Route for FPIs

  • Finance

The Reserve Bank of India (“RBI”), in consultation with the Government of India and the Securities and Exchange Board of India, vide a circular dat...

13th Feb, 2019

Statement on Developmental and Regulatory Policies

  • Finance

The Reserve Bank of India (“RBI”) vide a press release dated February 7, 2019, has issued the ‘Statement on Developmental and Regulatory Policies’ ...

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



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