Deadline for Compliance with the Register of Overseas Entities – 31 January 2023
Concerns arising from the lack of transparency displayed by overseas entities purchasing and/or holding real estate assets in the United Kingdom and the suspected use of such property for money laundering purposes has resulted in new Register of Overseas Entities (Register) created by the Economic Crime (Transparency and Enforcement) Act 2022 (Act) which came into force on 1 August 2022. …
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Types of Arbitration
Arbitration [1] can broadly be categorised into the following categories:
New SEBI Regulations Impacting Alternative Investment Funds in India
The Securities and Exchange Board of India (the “SEBI”) has issued two (2) circulars, dated November 17, 2022 (the “SEBI November 17 Circular”) and November 23, 2022, (the “SEBI November 23 Circular”), respectively, in furtherance of the SEBI (Alternative Investment Funds) Regulations, 2012 (the “AIF Regulations”) to protect investor interests and to better regulate the …
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The Trending Moonlighting Era: Reflecting the light for a New Perspective
“It all started with a second pandemic, and the moon kept shining thereon”
‘UNPACKING IBC PROVISIONS FOR MSMEs: A GAME-CHANGER OR CLIFFHANGER!’
MSME Sector: the torch bearer of the Indian Economy
Newsflash: Digital Personal Data Protection Bill, 2022
The Ministry of Electronics and Information Technology released the much-awaited draft Digital Personal Data Protection Bill, 2022 (“Draft Bill”) on 18 November 2022, which is a more concise draft legislation than its previous versions. Following are the key takeaways from the Draft Bill:
Liberalized Rules for Overseas Investment by Indian Entities: Laying the “Round Tripping” Ghost to Rest (or not just yet)
On August 22, 2022, the Ministry of Finance and Reserve Bank of India (the “RBI”) introduced a new overseas investment regime comprising of Foreign Exchange Management (Overseas Investment) Rules, 2022 (the “OI Rules”), Foreign Exchange Management (Overseas Investment) Regulations, 2022 (the “OI Regulations”) and Foreign Exchange Management (Overseas Investment) Directions, 2022 (the “OI Directions”) (collectively, …
Buying a resale flat? Don’t let the society rip you off on transfer charges
The amount they can charge is capped in many cities; you can go legal to avoid payment or even recover your money paid under pressure.
Unfair Prejudice in Shareholder Disputes
In many companies the commercial disruption and anxieties experienced over the past two or three years have, in some cases, amplified the tensions between minority and majority shareholders, leading to boardroom disputes based on unfair prejudice.
Escape the Economic Crisis in the UK by retiring to Spain
Retirement years should be relaxing, enjoyable and free from anxiety. A reward for all the years of toil. The impact of Brexit, Covid, the conflict in Eastern Europe and finally the budget bungled by the previous Prime Minister has resulted in a considerable number of over 65s in the United Kingdom facing, for the foreseeable …
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