ArticleVoting Rights Ushering In A New Era Of Capital RaisingI anticipate creativity in structuring of investment deals, to follow this change, in the universe of unlisted companies. IndiaCorporate/Commercial LawHSA Advocates
ArticleAmendments To Directions On Compounding Of Contraventions Under FEMAThe Reserve Bank of India (‘RBI') has, by way of Circulars dated April 22, 2025 (‘April 22 Circular') and April 24, 2025 (‘April 24 Circular'), amended the Directions on Compounding of Contraventions...IndiaFinance and BankingAZB & Partners
ArticleBudget 2016: Good Times Ahead For Bond Markets?While the Indian corporate bond market has become more active in the private placement segment in the past few years, the mar¬ket's overall development has been ad hoc. IndiaFinance and BankingPhoenix Legal
ArticleDisclosure Of Scheme Involving Merger Of Wholly Owned Subsidiary Or Its Division With Parent CompanyThis circular governs all schemes filed after March 10, 2017.IndiaFinance and BankingS.S. Rana & Co.
ArticleFramework For Issue Of Depository ReceiptsThe Securities and Exchange Board of India ("SEBI") vide its circular dated October 10, 2019, has notified a detailed framework for issuance of depository receipts ("DRs")...IndiaFinance and BankingAZB & Partners
ArticleIndia Interim Budget 2019-20 - AnalysisOn February 01, 2019, the Indian Finance Minister presented an interim Budget for financial year ("FY") 2019-20 ("Budget"). IndiaFinance and BankingNishith Desai Associates
ArticleRBI Notifies Draft Reserve Bank Of India (Commercial Banks - Capital Market Exposure) Directions, 2025Reserve Bank of India ("RBI") through notification no. RBI/2025-26/DOR.CRE.REC./13.07.005/2025-26 dated 24.10.2025 issued the draft Reserve Bank of India (Commercial Banks - Capital Market Exposure) Directions, 2025 ("CME Directions") proposed to apply to commercial banks. IndiaFinance and BankingSagus Legal
ArticleRole And Responsibility Of Investment Committee Members Of Indian FundsOn October 19, 2020, the Securities and Exchange Board of India ("SEBI") had amended the SEBI (Alternative Investment Funds) Regulations, 2012 ("Regulations")...IndiaFinance and BankingThinking Legal
ArticleSEBI's Incentive Push: A New Boost For India's Public Debt MarketThe Securities and Exchange Board of India (SEBI) vide its circular no. CIR. /IMD/DF/22/2011 - Public issue of Debt Securities- Prohibition on payment of incentives dated 26 December 2011 (Circular) prohibited payment of incentives by a person connected with a public issue of debt securities to a potential investor for making an application for allotment of specified securitiesIndiaFinance and BankingKhaitan & Co.
ArticleSEBI Notifies SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2026The Securities and Exchange Board of India, through notification dated 10.07.2026, has notified the SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2026, further amending the SEBI (Alternative Investment Funds) Regulations, 2012. IndiaFinance and BankingSagus Legal
ArticleSecurities And Exchange Board Of India Issues Operating Guidelines For Investment Advisers In International Financial Services Centre (IFSC)SEBI has issued SEBI (International Financial Services Centers) Guidelines, 2015 for facilitating and regulating financial services relating to securities market in an IFSC set...IndiaFinance and BankingLex Favios
ArticleForeign Portfolio Investors Registration With Single FormThe Government has been constantly working to promote foreign investment in the country. IndiaGovernment, Public SectorS.S. Rana & Co.
ArticleAbridged Prospectus – Change In Law Related To DisclosuresThe (Indian) Companies Act, 2013 ("Companies Act") requires a company to issue an abridged prospectus along with the application form for purchase of securities by public. IndiaCorporate/Commercial LawPhoenix Legal
ArticleCompensation Agreements With Employees Of Subsidiaries Of Listed Indian Entities Within The Ambit Of SEBI Listing RegulationsEarlier this year, SEBI amended the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to structure the unregulated compensation and profit sharing arrangements/agreements ...IndiaCorporate/Commercial LawLexCounsel
ArticleConsensual Agreements Between Shareholders Containing Restrictions On Transfer Of Shares Of A Public Company Are Not Ultra-Vires The Companies ActPromoters, private equity investors and technical collaborators can now freely negotiate on the Right to First Refusal ("ROFR") while investing in shares of a public company in Maharashtra, India.IndiaCorporate/Commercial LawSolomon & Co. Advocates & Solicitors
ArticleMandatory Dematerialization Of Shares For Non-small Private CompaniesThe Ministry of Corporate Affairs ("MCA") vide notification dated October 27, 2023, issued the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 ("Amendment Rules")...IndiaCorporate/Commercial LawJSA Advocates & Solicitors
ArticleMCA Notifies Changes To The Share Capital And Debentures RulesOn 19 July 2016, the Ministry of Corporate Affairs notified the Companies (Share Capital and Debentures) Third Amendment Rules 2016 to amend certain provisions of the Companies (Share Capital and Debentures) Rules 2014. IndiaCorporate/Commercial LawKhaitan & Co.
ArticleOpen Offer Obligation: Indirect AcquisitionSEBI clarifies the exemption from the obligation of making an open offer, available under the Takeover Code for inter-se transfer of shares amongst a promoter and its immediate relatives, in an informal guidance. IndiaCorporate/Commercial LawCMS INDUSLAW
ArticleRelaxations And Amendments Approved By Ministry Of Corporate Affairs In May 2022The Ministry of Corporate Affairs ("MCA") in May, 2022, published various notifications and circulars in relation to video conferencing permissions vis-à-vis annual general meetings ("AGMs")...IndiaCorporate/Commercial LawLexCounsel
ArticleReview Of The Existing Foreign Direct Investment Policy On Warrants And Partly Paid SharesThe Department of Industrial Policy and Promotion, Government of India vide press note 9 dated September 16, 2015 amended the definition of ‘capital' and also added paragraph 3.3.3 in the Consolidated Foreign Direct Investment Policy Circular of 2015.IndiaCorporate/Commercial LawCMS INDUSLAW