ArticleBihar Plastic Ban Notification 2018The state of Bihar, after Odisha, now becomes the state to have imposed a complete ban on the use of plastic. IndiaEnvironmentKhaitan & Co.
ArticleSC Reiterates That A Hindu Woman Must Be In Possession Of A Property In Order To Claim Rights Under Section 14 Of The Hindu Succession ActOn 28 August 2023, a two judge bench of the Hon'ble Supreme Court of India comprising of Justice C.T. Ravikumar and Justice Sudhanshu Dhulia, in its decision in M. Sivadasan Through L.Rs. & Ors. vs. A. Soudamini Through...IndiaFamily and MatrimonialKhaitan & Co.
ArticleWoman's Biological Child V/S Children Of Spouse: Supreme Court's Progressive Views On Maternity BenefitsThe Supreme Court of India (Court), in its recent judgement in the case of Deepika Singh v Central Administrative Tribunal and Others [Civil Appeal No. 5308 of 2022] (Deepika Singh)...IndiaFamily and MatrimonialKhaitan & Co.
ArticleAccredited Investors Only Schemes And Large Value Funds - SEBI's Blueprint For A Sophisticated Alternative Investment LandscapeThe Securities and Exchange Board of India (SEBI), in its board meeting dated 12 September 2025 (Board Meeting), approved a comprehensive set of regulatory amendments to the existing accredited investor framework and the regulatory framework relating to Large Value Funds (LVFs).IndiaFinance and BankingKhaitan & Co.
ArticleAmendments To Maharashtra Stamp Act: An Effort To Increase RevenueThe Government of Maharashtra (GoM) has by the Maharashtra Stamp (Amendment and Validation) Ordinance 2021 (Ordinance)IndiaFinance and BankingKhaitan & Co.
ArticleChanges To The "Fit And Proper Person" CriteriaThe Securities and Exchange Board of India (SEBI), at its 213th board meeting held on 23 March 2026, approved amendments to the "fit and proper person" criteria prescribed under Schedule II of The Securities and Exchange Board of India (Intermediaries) Regulations, 2008 (Intermediaries Regulations).IndiaFinance and BankingKhaitan & Co.
ArticleRBI Restricts Investment In NBFCs From FATF Non-Compliant JurisdictionsThe Reserve Bank of India (RBI) issued a circular on 12 February 2021 (Circular) to impose restrictions on investments in non-banking finance companiesIndiaFinance and BankingKhaitan & Co.
ArticleRevamped RBI Approach To Default InterestOn 18 August 2023, the Reserve Bank of India (RBI), through its circular on 'Fair Lending Practice - Penal Charges in Loan Accounts' (Circular), issued instructions to regulated entities (REs)...IndiaFinance and BankingKhaitan & Co.
ArticleDelhi High Court Promotes Indigenous R&D In The Pharmaceutical Industry: Novel Drug Delivery Systems Are Not Implicitly Included Under The Drugs (Price Control) Order, 2013In the recent case of Modi-Mundipharma Private Limited v Union of India & Ors., (Writ Petition (Civil) No. 11802 of 2016), the High Court of Delhi has clarified that incremental innovation...IndiaFood, Drugs, Healthcare, Life SciencesKhaitan & Co.
ArticleA Private Partner Under A PPP Model Who Has A Direct And Positive Interest In The Compensation Awarded Is A Person Interested Under The Land Acquisition Act 1894On 26 February 2020, the Hon'ble Calcutta High Court passed a judgment on various civil revisional applications filed under Article 227 of the Constitution of India whereby the High Court held that the pre-acquisition role ...IndiaGovernment, Public SectorKhaitan & Co.
ArticleGovernment's Clarification On FDI Policy On Single Brand Retail Trading For Goods Procured From SEZFor the sake of abundant caution, it is clarified that goods proposed to be sourced by an SBRT entity, from such units located in SEZ's in India must be manufactured in India.IndiaGovernment, Public SectorKhaitan & Co.
ArticleInsurance 2.0 | Draft Amendments To Foreign Investment RulesOn 29 August 2025, the Department of Financial Services under the Ministry of Finance released for public consultation the draft Indian Insurance Companies...IndiaGovernment, Public SectorKhaitan & Co.
ArticleMinistry Of Defence Relaxes Offset Discharge ProceduresThe procedure for implementing the offset provisions provided for in the DPP is provided in the Defence Offset Guidelines (DOG) annexed as Appendix D to the DPP.IndiaGovernment, Public SectorKhaitan & Co.
ArticleNew Foreign Investment Regime - Additional ClarificationsThe Central Government, vide notification dated 17 October 2019 had notified the Foreign Exchange Management (Non-debt Instruments) Rules, 2019IndiaGovernment, Public SectorKhaitan & Co.
ArticleRegulation Of Provident Fund Inquiries: Principles Of Natural Justice RevisitedThe Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (EPF Act) is a social welfare legislation intended to provide adequate social security to employees working...IndiaGovernment, Public SectorKhaitan & Co.
ArticleSEBI's Enhanced Scrutiny - Mandating Legal Entity Identifier For All Non – Individual Foreign Portfolio InvestorsOver the last few years, India Inc. has been witnessing a steady increase in foreign investment from foreign portfolio investors (FPIs). In fact, in the month of July 2023 alone...IndiaGovernment, Public SectorKhaitan & Co.
ArticleSpecial Valuation Branch Undergoes Major Changes – A Step In Furtherance Of ‘Ease Of Doing Business' And ‘Make In India'The Central Board of Excise and Customs (CBEC) has comprehensively revised the procedure for examination of related party transactions by the Special Valuation Branch.IndiaGovernment, Public SectorKhaitan & Co.
ArticleThe National Monetisation Pipeline – Roadmap For India's GrowthIn a bid to push the national infrastructure pipeline (NIP), India contemplates an investment of INR 111 lakh crore over a period of five years (i.e., FY 2020 – 2025). IndiaGovernment, Public SectorKhaitan & Co.
ArticleApex Court Rules That Moratorium Applies On Ongoing SARFAESI Sale – Post Initiation Of IBC ProceedingsThe Supreme Court of India in Indian Overseas Bank v M/s RCM Infrastructure Ltd. & Anr. held that a sale under section 13 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, ...IndiaInsolvency/Bankruptcy/Re-StructuringKhaitan & Co.
ArticleNew Amendments To CIRP Regulations – Relief For Bidders And Dissenting Financial CreditorsThe Amendment Regulations have come into force on 5 October 2018.IndiaInsolvency/Bankruptcy/Re-StructuringKhaitan & Co.