The FCA published a press release on 29th September 2021 in relation to further arrangements for the orderly wind-down of certain GBP and Japanese Yen LIBOR settings.

In the past two years considerable developments have taken place on the Foreign Portfolio Investors ("FPI") front.

Securities Exchange Board of India in its Board Meeting on 23rd November 2016 has approved the following amendments to the SEBI Regulations, 2012 with respect to ‘Angel Funds'.

The Adjudicating Authority ("AA") cannot simply dismiss a petition under section 7 of the Insolvency & Bankruptcy Code, 2016 ("IBC"),on the basis that the corporate debtor...

Section 61(2) of the IBC provides that an appeal before NCLAT against any order passed by NCLT must be filed within 30 days.

This was held in the matter of Drip Capital Inc. vs. Concord Creations (India) P. Ltd. decided on 8th November, 2021...

Maharashtra State Legislature has brought changes in Maharashtra Stamp Act, 1958 vide the following amendment Acts.

On 8th June 2020, the Reserve Bank of India ("RBI") had released Draft Frameworks for Sale of Loan Exposures and Securitisation of Standard Assets.

This has been held by the Supreme Court vide its judgment dated 13.09.2021 in the matter of Ebix Singapore Private Limited vs. Committee of Creditors of Educomp Solutions Limited.

The said ‘patent illegality' is not only apparent on the face of the Award, it goes to the very root of the matter and deserves interference."

The International Swaps and Derivatives Association, Inc. ("ISDA") has published its 2021 ISDA Interest Rate Derivatives Definitions, effective 4th October 2021 ("2021 Definitions").

The money appropriated by the bank from reversal of invocation of a Performance Bank Guarantee, specifically when the margin money was also not deposited by the Corporate Debtor...

The Reserve Bank of India ("RBI") has, in its capacity as the regulator of non-banking financial companies and under the powers conferred to it pursuant to Section 45-IE (1)...

The International Swaps and Derivatives Association, Inc. ("ISDA") has been at the forefront of benchmark reforms having published the fallbacks for certain key Inter-Bank Offered Rates...

The Reserve Bank of India ("RBI") has clarified the amount of capital fund that can be raised overseas through issuance of PDI in Additional Tier 1 capital.

RBI has issued an updated master circular on bank financing to Non-Banking Financial Companies ("NBFCs") consolidating regulations regarding financing of NBFCs by banks.

The Respondents contended that they are neither operational creditors nor involved in the making of the resolution plan.

The Reserve Bank of India ("RBI") has, vide its notification titled ‘External Commercial Borrowings (ECB) and Trade Credits (TC) Policy – Changes due to LIBOR transition' dated 8th December 2021...

RBI has also stated that the derivative contracts executed prior to 1st April 2019 will be exempted while computing the exposure on the HO.

Section 238 of Insolvency and Bankruptcy Code, 2016 ("IBC") overrides the provisions of the Electricity Act and that the dues payable to secured creditors are at a higher footing than the dues...