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SEBI introduces relaxations for startups to issue sweat equity
The Securities and Exchange Board of India (SEBI) has announced relaxations for startups in issuing sweat equity shares if the startup is...
Aug 23, 2021
The Taxation Laws (Amendment) Bill, 2021
The Taxation Laws (Amendment) Bill, 2021 was passed by the Rajya Sabha on 9th August 2021, and awaits the President’s assent. The Bill...
Aug 19, 2021
Bombay High Court orders stay on provisions of new IT Rules
The Bombay High Court has stayed certain provisions of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code)...
Aug 19, 2021
SC quashes NCLAT decision on CIRP proceedings when legitimate disputes exist
The Supreme Court, in Kay Bouvet Engineering v Overseas Infrastructure Alliance, has held that an adjudicating authority must reject an...
Aug 17, 2021
SC sets aside NCLAT order on Section 7 Insolvency Process
The Supreme Court has set aside an NCLAT order relating to insolvency pleas by financial creditors. The NCLAT decision has held that an...
Aug 12, 2021
SEBI has merged the debt securities rules into a single regulation
The Securities and Exchange Board of India (SEBI) has merged the rules relating to the issuance of debt securities into a single...
Aug 11, 2021
Overview: Code on Industrial Relations, 2020
As part of the legislative reforms related to labour law and welfare, the government passed the Code on Industrial Relations, 2020...
Aug 10, 2021
RBI issues framework for outsourcing payment and settlement activities by PSOs
The Reserve Bank of India (RBI) has issued a framework for payment and settlement related activities by payment system operators (PSOs)....
Aug 4, 2021
SEBI amends regulations relating to overnight funds
The Securities and Exchange Board of India (SEBI) amended its regulations to allow futual fund houses to offer instant access facilities...
Aug 2, 2021
Supreme Court: Petition to initiate CIRP liable to be rejected if no legitimate dispute exists
The Supreme Court has decided that as long as a dispute truly exists in fact and is not spurious, hypothetical or illusory, the...
Jul 31, 2021
Supreme Court holds appellate court cannot modify arbitral award under section 34
In Project Director, National Highways v M. Hakeem, the Supreme Court has held that section 34 of the Arbitration and Conciliation Act...
Jul 27, 2021
Supreme Court holds SEBI has the power to regulate winding up of mutual fund schemes
In Franklin Templeton Trustee Services Private Limited v Amruta Garg, the Supreme Court has held that SEBI has the power to regulate the...
Jul 23, 2021
SEBI makes it mandatory for brokers to report client-level collateral
The Securities and Exchange Board of India (SEBI) has made it mandatory for brokers to report client-level collateral . The regulator has...
Jul 21, 2021
SEBI introduces expected loss-based rating scale
The Securities and Exchange Board of India (SEBI) has introduced an expected lossbased rating scale for rating agencies. Rating agencies...
Jul 17, 2021
CCI eases rule on pleadings
The Competition Commission of India has relaxed its rules on filing pleadings, no longer insisting that the managing director or a...
Jul 14, 2021
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...
Jul 12, 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 8, 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...
Jul 7, 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 29, 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 28, 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 26, 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 24, 2021
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