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Trade Receivables Discounting System is a Reserve Bank of India initiative to ensure timely payments to the suppliers which qualify as micro, small and medium enterprises under the Micro,

On 5 August 2024, the Ministry of Corporate Affairs (MCA) has notified amendments to the Companies (Adjudication of Penalties) Rules, 2014 (Adjudication Rules) by way of the Companies...

The Rules apply prospectively to the existing companies which have more than 2 layers of subsidiaries as on September 20, 2017.

The Ministry of Corporate Affairs (MCA), via Notification No. G.S.R. 476(E) announced the Companies (Adjudication of Penalties) Amendment Rules, 2024. These new rules are set to come into force....

during the immediately preceding financial year, shall spend 2% of its average net profit made during the 3 immediately preceding financial years on CSR activities.

The Scheme provides a one-time opportunity for companies to regularise delays in filing annual returns and financial statements by paying substantially reduced additional fees, or alternatively to opt for dormant status or strike-off at concessional rates.

The Ministry of Corporate Affairs, Government of India vide its Notification dated February 3, 2020, has brought into effect the eagerly anticipated sub-sections (11) and (12) of the Section 230 of the Companies Act, 2013.

In India, foreign investments through equity instruments (other than share warrants) are regulated in accordance with the terms of the Foreign Exchange Management...

In a recent decision, the National Company Law Tribunal (NCLT), Kolkata Bench, against the established precedents, dismissed the selective capital reduction proposed by Philips India Limited (Philips).

Event-based and prompt disclosure of material information are directed towards keeping public shareholders abreast of the developments of the listed entity.

The legal position in this regard is that upon demise of the nominator, it is the nominee who shall take possession of the property of the deceased nominator.

As per reports, the central government and the Ministry of Corporate Affairs (MCA) has deregistered over 200,000 companies from register of companies.

The validity of put option clauses in contracts has been a subject of detailed scrutiny for the Indian government, for several years.

The Reserve Bank of India (‘RBI'), by way of a Circular dated May 8, 2025, has introduced the following amendments, with immediate effect, to the regime governing investments by Foreign Portfolio Investors (‘FPIs')...

The April 2026 edition of Fox & Mandal's newsletter examines the Corporate Laws (Amendment) Bill, 2026; the Insolvency and Bankruptcy Code (Amendment) Act, 2026; refinement of the Minimum Public Shareholding framework; the Electricity (Amendment) Rules, 2026; and other changes in India's corporate, capital markets, infrastructure, and banking sectors.

The May 2026 edition of Fox & Mandal's newsletter examines the net settlement mechanism for FPIs; revised registration norms for NBFCs; SEBI’s amended disqualification norms for intermediary; Draft National Water Metro Policy, 2026; FEM (Authorised Persons) Regulations, 2026; proposed alignment of the securitisation framework with RBI norms; and other changes in India's corporate, capital markets, infrastructure, and banking sectors

The Ministry of Corporate Affairs (‘MCA') has recently issued an Office Memorandum, wherein certain recommendations have been made for streamlining the incorporation process of companies...