VideoWebinar: India's New Labour Codes: Implementation, Issues And StrategiesPlease watch this webinar from Cyril Amarchand Mangaldas.IndiaEmployment and HRCyril Amarchand Mangaldas
VideoWebinar: Recent Updates On Private Client Issues In IndiaThis will broadly cover key recent updates over the last 2-3 years which are of relevance to an international audience. This will be done via 2 sessions.IndiaWealth ManagementCyril Amarchand Mangaldas
ArticleCross-Border Demergers – Lack Of Legislative Intent?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 RegulationsIndiaCorporate/Commercial LawCyril Amarchand Mangaldas
ArticleAre You Ready To Make A Commitment? A Glimpse Into The Newly Introduced OFAC Compliance CommitmentsThe past year has witnessed a massive increase in sanctions-related enforcement activity and has indeed caused a stir in the global sanctions landscape. IndiaCorporate/Commercial LawCyril Amarchand Mangaldas
ArticleLeniency Regulations AmendedThe Competition Commission of India (Lesser Penalty) Regulations, 2009 (Leniency Regulations) have been amended by a notification issued on 22 August 2017 (Notification).IndiaAntitrust/Competition LawCyril Amarchand Mangaldas
ArticleNationalized Banks Exempt From Merger Control ScrutinyThe Ministry of Corporate Affairs, Government of India (MCA), has through a notification published on August 30th, 2017, exempt reconstitution, transfer of whole or any part thereof and amalgamation of nationalised banks under the ...IndiaAntitrust/Competition LawCyril Amarchand Mangaldas
ArticleChairman Or Managing Director? – Eenie Meenie Miney MoSection 203(1) of the Companies Act states that an individual shall not be appointed or reappointed as the chairperson, of the company as well as the managing director (MD)IndiaCorporate/Commercial LawCyril Amarchand Mangaldas
ArticleNew Promoters On The Block: The Financial InvestorsHistorically, one of the most important regulatory concerns for such investors is related to being categorised as ‘promoter' of a listed company...IndiaFinance and BankingCyril Amarchand Mangaldas
ArticleDiwali Gifts: Are You Wrapping Up A Bribe?Diwali is one of the most anticipated and celebrated festivals in India.IndiaCriminal LawCyril Amarchand Mangaldas
ArticleSEBI Streamlines Rights Issue ProcessThe SEBI has streamlined certain aspects of the rights issue process that is expected to not only reduce the timelines but also provide clarity on the renunciation and trading of rights entitlements.IndiaCorporate/Commercial LawCyril Amarchand Mangaldas
ArticleCorporate India, Individual Liability And The Relevance Of The Superior Orders DefenceThe past few years have seen a marked increase in regulatory investigations and enforcement action into fraud.IndiaCriminal LawCyril Amarchand Mangaldas
ArticleCCI Diagnostic Toolkits For Competition Assessment And Procurement Officers In Competitive TendersRecently, the CCI published advocacy material in the form of a competition assessment toolkit intended for policymakers, researchers, analysts, and competition stakeholders; and a diagnostic toolkit for procurement officers. IndiaAntitrust/Competition LawCyril Amarchand Mangaldas
ArticleMCA's Merger Control Exemption For Regional Rural BanksThe latest addition to the string of changes introduced by the Ministry of Corporate Affairs this year is an exemption to Regional Rural Banks from the applicability of the merger control regime. IndiaAntitrust/Competition LawCyril Amarchand Mangaldas
ArticleAmendments To The Delisting Regulations – A Welcome MovePursuant to the discussion paper on delisting of equity shares floated by the Securities and Exchange Board of India (SEBI) on July 26, 2018, SEBI has recently amended the Securities...IndiaCorporate/Commercial LawCyril Amarchand Mangaldas
ArticleSEBI Launches A New Hotline: Introduction Of The Informant Mechanism Into The Insider Trading RegulationsIn our previous blog post, dated June 12, 2019, we discussed the Securities Exchange Board of India's (SEBI) efforts to institutionalise an informant ...IndiaCorporate/Commercial LawCyril Amarchand Mangaldas
ArticleIs The Period Of 15 Days Stipulated Under Section 13 (3A) Of SARFAESI Act To Respond To A Representation By A Borrower Mandatory?The intention of parliament in providing a time period of 15 days in section 13 (3A) was to ensure that the secured creditors respond within reasonable time and hence the said time period is directory in nature.IndiaFinance and BankingCyril Amarchand Mangaldas
ArticleInnoventive Industries Limited v. ICICI Bank Limited: Paradigm Shift In Insolvency Law In IndiaOn August 31st 2017, the Supreme Court of India in the case of Innoventive Industries Limited v. ICICI Bank Limited delivered its first extensive ruling on the operation and functioning of the Insolvency and Bankruptcy Code, 2016.IndiaInsolvency/Bankruptcy/Re-StructuringCyril Amarchand Mangaldas
ArticleRegulation 22(2A) Of SEBI Takeover Regulations : Is On-Market Closure Of Underlying Transactions Prohibited?A question that comes up regularly in the context of an underlying secondary transaction that triggers an open offer is whether such a transaction can be closed on the stock exchange?IndiaFinance and BankingCyril Amarchand Mangaldas
ArticleAn Overview Of Model Tenancy LawThe announcement of the Union Budget 2019-2020 (Budget) by the Finance Minister, Ms. Nirmala Sitharaman, introduced a few changes in the periphery of the real estate sector. IndiaReal Estate and ConstructionCyril Amarchand Mangaldas
ArticleForeign Pension Funds' Tax Treatment To Match Sovereign Funds For Certain InvestmentsWith a view to boost infrastructure investments in India and make Indian investment more attractive, the Finance Act, 2020 (FA, 2020) IndiaTaxCyril Amarchand Mangaldas