Blogs
Understanding the LLP Significant Beneficial Owners Rules 2023
Understanding the LLP Significant Beneficial Owner Rules 2023 The Ministry of Corporate Affairs on November 9, 2023, has notified the Limited Liability Partnership (Significant Beneficial
Navigating Restriction on the Transfer of Promoters Shares
Safeguarding Investments: Navigating Restriction on the Transfer of Promoters Shares In the dynamic landscape of investments and corporate governance, the ownership of shares by a
Nominees or Legal Heir, Who Has The Legal Right Over Shares?
In a significant ruling on December 14, 2023, in the case of Shakti Yezdani v. Jayanand Jayant Salgaonkar (Civil Appeal No. 7107 of 2017), the
Amendment to the Legal Framework on Social Stock Exchange
Recently, Securities and Exchange Board of India (“SEBI”), in exercise of its powers under Section 11(1) of the Securities and Exchange Board of India Act,
Investigations in Public Interests and Ownership Under Companies Act
Background Recently, the Ministry of Corporate Affairs (“MCA”) launched an investigation into the affairs of Hero MotoCorp Limited under Section 210(1)(c) read with Section 216
Governing The Startups: Towards A More Sustainable Growth
The Current Picture India has the third largest startup-ecosystem in the world with more than 100 unicorns till 2023. The funding environment for early stage
Preventing Fraud in the Indian Startup Ecosystem
How The Indian Startup Ecosystem Can Take Proactive Steps To Prevent Siphoning of fund & Fraud? In recent years, the Indian startup ecosystem has seen
Direct International Listing Enabled for Indian Firms via GIFT City
Indian Companies Permitted Direct Listing on International Exchanges Gift The Ministry of Finance (“MOF”), in exercise of its powers under Sections 46 (2) (aa) and
RBI Notification On Evergreening
Introduction The Reserve Bank of India (“RBI”) on December 19, 2023 released a circular (RBI/2023- 24/90) (“Circular”), addressing the practice of “evergreening”. Evergreening refers to
