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  • Article

    Extension In Validity Of Industrial Licenses

    The Department of Promotion of Industry and Internal Trade (DPIIT) has issued a press note dated July 21, 2023 (available here) and provided guidelines for streamlining the procedure for grant of industrial licenses.
    IndiaInternational Law
    Stratage Law
    Stratage Law
  • Article

    Relief To Allottees Of Real Estate Projects From Paying Regulatory Fee

    On July 20, 2023, the Insolvency and Bankruptcy Board of India ("IBBI") notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations...
    IndiaReal Estate and Construction
    Stratage Law
    Stratage Law
  • Article

    Whether A Writ Petition Under Article 226 And 227 Is Maintainable For Challenging Orders Of Arbitral Tribunals?

    The Hon'ble Bombay High Court in the matter of Hindustan Petroleum Corporation Limited vs. Om Construction and ors. has held that a Petition...
    IndiaLitigation, Mediation & Arbitration
    Stratage Law
    Stratage Law
  • Article

    Beneficial Interest In Shares – Appointment Of A Designated Person

    MCA has released a notification dated October 27, 2023 (available here), amending the Companies (Management and Administration) Rules, 2014 in relation to the declaration of beneficial interest in the
    IndiaCorporate/Commercial Law
    Stratage Law
    Stratage Law
  • Article

    Refusal By The Tribunal To Entertain An Amendment Application: Whether A Ground For Challenge Under Section 34

    In Kavis Fashions Private Limited v. Dimple Enterprises and others, the Hon'ble Bombay High Court ("Court"), while hearing an application for setting aside an award of the arbitral tribunal...
    IndiaLitigation, Mediation & Arbitration
    Stratage Law
    Stratage Law
  • Article

    RBI Notification On Investments By Registered Entities In Units Of AIFs Which Have Invested In Debtor Companies Of Registered Entity

    On December 19, 2023, the Reserve Bank of India ("RBI") notified all commercial banks, All India Financial Institutions, non-banking financial companies and primary...
    IndiaFinance and Banking
    Stratage Law
    Stratage Law
  • Article

    Amendment To AIF Regulations

    SEBI has notified the SEBI (Alternative Investment Funds) (Amendment) Regulations, 2024 on January 5, 2024, and the key changes are set out hereunder...
    IndiaStrategy
    Stratage Law
    Stratage Law
  • Article

    Listing Of Securities On Foreign Stock Exchanges

    The Companies (Amendment) Act, 2020 has been notified, bringing into force the following provisions...
    IndiaCorporate/Commercial Law
    Stratage Law
    Stratage Law
  • Article

    Amendment To FPI Regulations

    SEBI has amended the SEBI (Foreign Portfolio Investors) Regulations, 2019 to make it in line with the provisions of the Prevention of Money Laundering Act, 2002 and the rules thereunder.
    IndiaGovernment, Public Sector
    Stratage Law
    Stratage Law
  • Article

    Additional Requirements For Extension Of Validity Of Project Registration

    MahaRERA had by its Order No. 40/2022 dated December 27, 2022 ("Order") issued directions for seeking extension of validity of project registration.
    IndiaReal Estate and Construction
    Stratage Law
    Stratage Law
  • Article

    Amendments To The Rules For Certain Mergers And Amalgamations

    The Ministry of Corporate Affairs has amended certain provisions of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, for schemes of merger or amalgamation ("Scheme") between small companies and start-ups, or between a holding company and its wholly-owned subsidiary.
    IndiaCorporate/Commercial Law
    Stratage Law
    Stratage Law
  • Article

    Dematerialisation Of Securities Of Private Companies

    MCA notified the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 dated October 27, 2023 amending the Companies (Prospectus and Allotment of Securities)...
    IndiaCorporate/Commercial Law
    Stratage Law
    Stratage Law
  • Article

    Excluding Or Excusing An AIF Investor From An Investment

    SEBI has specified certain guidelines for excusing or excluding an investor in an Alternative Investment Fund ...
    IndiaFinance and Banking
    Stratage Law
    Stratage Law
  • Article

    Proposed Amendments To AIF Regulations

    SEBI has released a consultation paper to receive public comments on the proposed amendments to the AIF Regulations, 2012 by May 31, 2023 ...
    IndiaFinance and Banking
    Stratage Law
    Stratage Law
  • Article

    Revision To The Framework For Non-Performing Investments

    On September 12, 2023, the Reserve Bank of India ("RBI") notified the Master Direction – Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions)...
    IndiaFinance and Banking
    Stratage Law
    Stratage Law
  • Article

    Proposed Amendment To Definition Of UPSI

    SEBI has released a consultation paper to receive public comments on the proposed amendment to the definition of Unpublished Price Sensitive Information ("UPSI") under the Insider Trading Regulations, to bring clarity and uniformity of compliance in the ecosystem.
    IndiaCorporate/Commercial Law
    Stratage Law
    Stratage Law
  • Article

    Navigating The Fine Lines In Insider Trading Prosecutions

    The Securities and Exchange Board of India (SEBI) performs a protective, regulatory, and developmental function as the regulator of the securities market.
    IndiaCorporate/Commercial Law
    Stratage Law
    Stratage Law
  • Article

    International Credit Cards Used Outside India Within The Purview Of LRS

    Under the Liberalized Remittance Scheme ("LRS"), the limitation on individuals to avail foreign exchange facilities for purposes such as gifts, donations, private visits outside India, emigration, education abroad, business travel, medical treatment is an amount up to USD 2,50,000.
    IndiaFinance and Banking
    Stratage Law
    Stratage Law
  • Article

    Power Of Exemption Vis-à-Vis The Right To Privacy

    In 2018, the right to privacy was recognised by the Supreme Court, to be within the ambit of Article 21 of the Constitution of India...
    IndiaPrivacy
    Stratage Law
    Stratage Law
  • Article

    Verification & Validation Of Construction Approvals By MahaRE

    UDD by a Government Resolution dated February 23, 2023, had issued directions to various competent authorities ) regarding the process for the same.
    IndiaReal Estate and Construction
    Stratage Law
    Stratage Law

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