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  • Article

    Ministry Of Corporate Affairs Establishes Central Registration Centre To Process Reservation Of Names Applications

    The Register of Companies ("ROC"), Delhi will be exercising administrative control over the CRC until a separate Registrar is appointed for the same.
    IndiaCorporate/Commercial Law
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    SEBI Issues Operating Procedure For Suspension And Revocation Of Trading For Non Compliance With Listing Regulations

    Pursuant to the coming into force of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on December 1, 2015, SEBI issued a circular on November 30, 2015.
    IndiaCorporate/Commercial Law
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Securities And Exchange Board Of India Issues Instructions For Abridged Prospectus

    The Securities and Exchange Board of India ("SEBI") notified the SEBI (Issue of Capital and Disclosure Requirements) (Seventh Amendment) Regulations, 2015 ("ICDR Amendment") on October 27, 2015.
    IndiaCorporate/Commercial Law
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Amendments To The Arbitration Law Introduced By An Ordinance

    Continuing its move to introduce legislative amendments by way of ordinance, while the Parliament is not in session, the Central Government has once again amended the Arbitration and Conciliation Act, 1996...
    IndiaLitigation, Mediation & Arbitration
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Foreign Direct Investment Policy Amended To Give Effect To Reforms Introduced By The Government

    Pre Diwali, the Government of India announced reforms liberalising the Foreign Direct investment ("FDI") Policy in relation to 15 (fifteen) sectors (covered in our previous Newsletter).
    IndiaGovernment, Public Sector
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    RBI Permits Issue Of Rupee Denominated Bonds Overseas

    To facilitate Rupee denominated borrowing from overseas, the RBI has incorporated a framework for the issuance of Rupee denominated bonds overseas...
    IndiaGovernment, Public Sector
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    New Regulations For General Insurance Companies For Issuance Of Capital

    The Insurance Regulatory and Development Authority of India has on December 15, 2015 issued the IRDA (Issuance of Capital by Indian Insurance Companies transacting other than Life Insurance Business) Regulations, 2015.
    IndiaInsurance
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    SEBI Issues Disclosure Norms For Shareholding In Dematerialised Format

    The Listing Regulations require listed entities to disclose the shareholding pattern for each class of securities in prescribed format and 100% of the shares held by the promoter/ promoter group are to be held in dematerialised format...
    IndiaCorporate/Commercial Law
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Alternate Investment Funds Can Invest Higher In Offshore Venture Capital Undertakings

    The SEBI (VCF) Regulations, 1996 were replaced by the SEBI (Alternative Investment Funds) Regulations, 2012 ("AIF Regulations").
    IndiaFinance and Banking
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Foreign Investment Through Investment Vehicles Allowed

    The Notification amends the Transfer Regulations, allowing foreign investment through investment vehicles, subject to certain terms and conditions.
    IndiaGovernment, Public Sector
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Increase In Limits For Investment By Foreign Portfolio Investors In Government Securities

    By a circular dated October 6, 2015, the Reserve Bank of India ("RBI") has increased the maximum limit for investments by Foreign Portfolio Investors
    IndiaGovernment, Public Sector
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Competition Commission Of India Imposes Penalties On Three Major Airlines For Cartelisation

    The CCI found the Airlines indulging in 'concerted action' in Fixing Fuel Surcharge rates ("FSC"), in contravention of the Competition Act, 2002 ("Competition Act").
    IndiaAntitrust/Competition Law
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Insurance Regulatory And Development Authority Issues Guidelines On Indian Owned And Controlled

    Earlier this year, the Insurance Laws (Amendment) Act,2015 ("Insurance Amendment Act") amended the Insurance Act...
    IndiaGovernment, Public Sector
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Indian Securities Regulator Approves Listing Of Stock Exchanges And Grant Of Exit Options For Dissenting Shareholders

    Initiate the public consultation process for disclosure requirements, for issuing and listing of green bonds, which are in accordance with the principles recommended by the International Capital Market Association.
    IndiaCorporate/Commercial Law
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Reserve Bank Of India Revises Framework For External Commercial Borrowings

    The Reserve Bank of India ("RBI") issued a circular on November 30, 2015 to revise the framework for External Commercial Borrowings ("ECB Circular").
    IndiaFinance and Banking
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Ordinance For Establishing Commercial Courts Promulgated By The President Of India

    The Ordinance, which comes into effect immediately, is a step towards swift disposal of commercial disputes of a specified value.
    IndiaLitigation, Mediation & Arbitration
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Draft Patent Rules Published For Public Comments

    The Ministry of Commerce and Industry, Department of Industrial Policy and Promotion ("DIPP") issued a notification on October 26, 2015 publishing the draft Patents (Amendment) Rules, 2015...
    IndiaIntellectual Property
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Diwali Bonanza In The Form Of Foreign Direct Investment Reforms

    Restrictions on minimum floor area of 20,000 (twenty thousand) square meters and minimum capitalisation requirement of US$ 5,000,000 (United States Dollars Five million) have been removed.
    IndiaGovernment, Public Sector
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    Calculations Based On Un-Audited Accounts Permitted For Buy Back

    The MCA amended the Companies (Share Capital and Debentures) Rules, 2014 ("Share Capital Rules") in relation to buy-back calculation for private companies and unlisted public companies...
    IndiaCorporate/Commercial Law
    Agram Legal Consultants
    Agram Legal Consultants
  • Article

    New Regulations For Portfolio Managers

    In this regard, the 2020 Regulations have clarified that the role of the compliance officer cannot be assigned to the principal officer or the employee of the portfolio manager.
    IndiaCorporate/Commercial Law
    Agram Legal Consultants
    Agram Legal Consultants

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