RBI directs transition from LIBOR
The Reserve Bank of India (RBI) has directed banks to transition from the London Interbank Offered Rate (LIBOR). The regulator has...
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- Jul 8, 2021
Overview: Code on Wages
The Union Government enacted the Code on Wages in 2019, replacing four labour legislations: the Payment of Wages Act, 1936, the Minimum...
- Jul 7, 2021
Delhi HC creates Intellectual Property Division to deal with IP cases
The Delhi High Court has created an Intellectual Property Division (IPD), that will deal solely with intellectual property related...
- Jul 7, 2021
RBI announces outsourcing rules for cooperative banks
The Reserve Bank of India (RBI), while issuing guidelines for the management of the risk associated with outsourcing financial services...
- Jun 29, 2021
RBI prescribes guidelines on distribution of dividends by NBFCs
The Reserve Bank of India (RBI) has prescribed guidelines relating to the distribution of dividend by NBFCs. The guidelines will become...
- Jun 28, 2021
I&B Ministry amends rules regulating cable TV networks
The Ministry of Information & Broadcasting has amended the rules regulating cable TV networks. The Cable Television Networks (Amendment)...
- Jun 26, 2021
FSSAI to extend its labeling regime to restaurant chains
The Food Safety and Standards Authority of India (FSSAI) will extend its labeling regime to restaurant chains that have operations in...
- Jun 24, 2021
Overview: Code on Occupational Safety, Health and Working Conditions, 2020
The central government recently passed four labour codes, one of which was the Code on Occupational Safety, Health and Working...
- Jun 24, 2021
SEBI’s amended rules relating to independent directors to come into effect on 1st January, 2022
The role of independent directors has been under scrutiny for their failure to detect and prevent corporate fraud and promoter...
- Jun 21, 2021
SEBI issues fresh guidelines for mutual fund schemes
The Securities and Exchange Board of India (SEBI) has issued guidelines for mutual fund schemes to participate in interest rate swap....
- Jun 15, 2021
RBI Extends Risk-Based Internal Audit To Housing Finance Companies
The RBI in order to enhance the effectiveness and quality of the internal audit system of housing finance companies, extended the Risk...
- Jun 10, 2021
BIS issues new standards for Data Privacy Assurance
The Bureau of Indian Standards (BIS) has established standards for personal data protection by businesses. The Data Privacy Assurance...
- Jun 8, 2021
SEBI streamlines framework on centralized database for corporate bonds
The Securities and Exchange Board of India (SEBI) has streamlined the framework on the centralized database for corporate bonds, in order...
- May 31, 2021
The NCLAT has held that the IBC will overide the SARFAESI Act
The National Company Law Appellate Tribunal (NCLAT), New Delhi, has held in Indian Overseas Bank v. RCM Infrastructure Ltd. and Ors. that...
- May 29, 2021
The AAR has held that reimbursements to expatriate personnel are not taxable as FTS
The Authority for Advanced Rulings (AAR) in Mumbai has held in that reimbursements made to a foreign company by an Indian company for...
- May 28, 2021
SEBI notifies special procedure for action on expulsion from membership of stock exchanges
The Securities and Exchange Board of India (SEBI) has notified a special procedure for action on expulsion from membership of stock...
- May 27, 2021
SEBI doubles overseas investment limit of AIFs and VCFs
The Securities and Exchange Board of India (SEBI) has doubled the overseas investment limit of Alternate Investment Funds (AIFs) and...
- May 26, 2021
RBI Issues Norms for Merging District Co-operative Banks with State Entities
The Reserve Bank of India (RBI) has notified the Banking Regulation (Amendment) Act, 2020, with effect from April 1, 2021. As per the...
- May 22, 2021
SC upholds notification allowing banks to proceed against personal guarantors under the IBC
The Supreme Court of India has upheld the validity of a November 2019 notification by the Central Government, permitting creditors to...
- May 20, 2021
The SAT has held that tribunals can function sans a technical member
The Securities and Exchange Board of India (SEBI) had, in many appeals, taken the position that the Securities Appellate Tribunal (SAT)...
- May 14, 2021
Supreme Court clarifies on the admissibility of applications under Section 7 of the Arbitration Act
The Supreme Court has upheld the decision of the National Company Law Tribunal (NCLT) in Indus Biotech Private Limitedv. Kotak India...
- May 11, 2021
SEBI notifies amendments in listing regulations
The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021 have...
- May 10, 2021
CBDT notifies threshold for Digital Tax
As part of the Significant Economic Presence (SEP) principle, the Central Board of Direct Taxes (CBDT) has notified a revenue threshold...
- May 6, 2021
RBI issues notification to resolve COVID-19 related stress on MSMEs
The Reserve Bank of India (RBI) has issued a notification to financial institutions extending the facility of restructuring existing...