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Honda manufactures passenger vehicles in India through Honda Cars India Limited, two-wheelers through Honda Motorcycle and Scooter India Pvt. Ltd., and power products through Honda India Power Products Ltd. Astemo supplies automotive and power product components and has been jointly controlled by Honda, Hitachi, and JICC-01 Investment Business Limited Partnership since October 2023

Considering the impact of the second wave of COVID-19 in the country, many companies were unable to finalize their financials as per the usual schedule.

SEBI has amended the SEBI (Prohibition of Insider Trading) Regulations, 2015 (‘PIT Regulations') with effect from July 25, 2019. The key changes are as follows:

The assessee was engaged in the business of manufacturing goods and providing services.

A Disclosure Letter (DL) is a key risk allocation tool in any M&A/PE/VC transaction. In the discussions below, we cover a few elemental aspects of a DL, both from a Sellers' and Buyers' perspective.

The Ministry of Micro, Small and Medium Enterprises (MSME) has issued a significant notification requiring certain companies to submit half-yearly returns...

With COVID-19 being declared a pandemic, various companies have found themselves facing challenges in complying with the Companies Act compliances due to disruptions in their operations.

Due to the current lockdown, companies were not able to hold shareholders meetings and pass resolutions on certain matters requiring urgent attention/approval of the shareholders.

The ongoing Covid-19 pandemic has caused substantial business disruption across all walks of life.

With a growing number of enforcements today, compliance has moved from the back-office into the Board Rooms.

In the matter of Sun Pharmaceuticals Industries Limited, the Ahmedabad bench of the NCLT has ruled that Section 234 of the Companies Act, 2013 and the FEMA Cross Border Merger Regulations

With protectionist winds holding sway in the developed economies, India seems to be bucking the trend with the notification of Section 234 of the Companies Act, 2013 on 13th April 2017...

In an attempt to address the global issue of money laundering, bribery and corruption, insider dealings, tax fraud, terrorist financing and other illegal activities, the Ministry of Corporate Affairs (MCA)...

Delhi High Courts decision on disqualification of Directors.

On October 27, 2023, the Ministry of Corporate Affairs, notified the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 ("Amended Prospectus Rules")...

Every Company shall disclose the details of Specified Bank Notes held and transacted during the period from 8th November, 2016 to 30th December, 2016 under Notes to Accounts as per the format referred in notification.

Over the years, the Indian government has been making certain kinds of efforts in order to make doing business in the country easier.

The government has been announcing such drives in the past too.