Abhisshek Singlla

India’s Telecom Landscape Gets a Regulatory Boost: Draft Rules for Adjudication and Appeals

By / Regulatory, Uncategorized / October 15, 2024

The Department of Telecommunication in India has proposed the Draft Telecommunications (Adjudication and Appeal) Rules, 2024 (“Draft Rules”), which aims to streamline the handling of complaints and non-compliance under the Telecommunication Act, 2023 (“Act”). Key highlights: – Clear Procedures: The Draft Rules establish a structured framework for investigating complaints and taking suo-moto actions against violations …

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MCA Streamlines ‘Reverse Flipping’ for Foreign Companies

By / Investments / October 14, 2024

The Ministry of Corporate Affairs (MCA) has introduced the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2024, simplifying the process for foreign companies to merge into their Indian wholly-owned subsidiaries. This move is expected to streamline the reverse flipping structure, as part of the central government measures towards ease of doing business in India significantly. …

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Fast-Tracking Cross Border Mergers/Amalgamations Through Amendment In Rule 25-A Of The Companies (Compromises, Arrangement And Amalgamations) Rules, 2016.

By / Mergers and acquisitions / September 26, 2024

Background  The Ministry of Corporate Affairs (MCA) has published the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2024 (“Amendment Rules”), through its notification dated: September 09, 2024, and the same have come into effect from September 17, 2024.  Section 234 of the Companies Act, 2013 (“Act”), read with Rule 25A of the Companies (Compromises, Arrangements …

Fast-Tracking Cross Border Mergers/Amalgamations Through Amendment In Rule 25-A Of The Companies (Compromises, Arrangement And Amalgamations) Rules, 2016. Read More »

Draft Telecommunications (Adjudication and Appeal) Rules

Department of Telecommunication Issues Draft Telecommunications (Adjudication and Appeal) Rules, 2024 Under the Telecommunications Act, 2023

By / Regulatory / August 14, 2024

Background With the aim of laying down a set procedure towards investigating complaints and taking suo-moto actions into non-compliance with the terms of the Telecommunication Act, 2023 (“Act”), the Ministry of Communication, through the Department of Telecommunication has issued the Draft Telecommunications (Adjudication and Appeal) Rules, 2024 dated: July 18, 2024 (“Draft Rules”). The Draft …

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Central Consumer Protection Authority Issues Draft Guidelines on ‘Prevention and Regulation Of Unsolicited and Unwarranted Business Communication, 2024’

By / Consumer Laws / July 4, 2024

Background With the aim to shield consumers from unfair trade practices and violations of their rights by preventing unsolicited and unwarranted business communications, in the form of voice calls, SMS, and instant messaging applications including through social media platforms, the Central Consumer Protection Authority (CCPA), in exercise of its powers conferred under section 18(2)(l) of …

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the importance of compliance with the registrar of companies filings requirements, risks, and mitigation

The Importance of Compliance with the Registrar of Companies Filings: Requirements, Risks, and Mitigation

By / Compliance / June 12, 2024

Introduction The Registrar of Companies (ROC) is a statutory body established under the Companies Act, 2013 (“Act”), responsible for overseeing the registration and regulation of companies and limited liability partnerships within the jurisdiction of India. The ROC serves as a custodian of critical information about businesses, ensuring their compliance with statutory regulations specified under the …

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understanding conversion of physical shares to demat shares

Understanding the Procedure for Conversion of Physical Shares into Demat Shares

By / Compliance / May 22, 2024

On October 27th 2023, the Ministry of Corporate Affairs (“MCA”) issued the Companies (Prospectus & Allotment of Securities) Second Amendment Rules 2023 (“Amendment Rules”) mandating the dematerialization of all existing securities and issuance of securities in dematerialize form by private companies, other than small companies and government companies, by and from September 30, 2024 (i.e. …

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Understanding Director’s Liability Under The Companies Act 2013

By / Corporate and Commercial / April 17, 2024

Directors are the stewards of a company, entrusted with the responsibility of making critical decisions that impact its sustainability and success in achieving its goals and objectives. However, in light of the well-established legal principal of companies being separate legal entities, the question arises: “Would directors be accountable for any violations by the company, and …

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choosing the right business structure in india

How to Choose the Best Legal Structure for Your Business

By / Setting Up a Company / May 4, 2024

What key factors should be considered when choosing a legal structure for a business? Choosing the appropriate legal structure is a pivotal decision for both new ventures and established businesses. Why is this decision key to a company’s success, legal compliance and financial stability? This decision is not merely administrative; it directly influences the company’s …

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