Blogs
RBI Revises KYC Directions: A Push Towards Enhancing Risk Management
Background: Strengthening KYC Compliance With the aim to simplify the KYC process for financial institutions and enhance the effectiveness of customer identification measures, ensuring compliance
ZEE ENTERTAINMENT FILES SETTLEMENT APPLICATION WITH SEBI AMIDST ONGOING INVESTIGATIONS
Zee Entertainment Enterprises Limited (“Company”) a prominent business conglomerate in the Indian media and entertainment industry has recently moved a settlement application with the Securities
MCA is imposing penalties companies for SBO violations
By way of its order dated July 9, 2024, the Registrar of Companies (“RoC”) has imposed a penalty on HeroX Pvt. Ltd. (“Company”) and its
India’s Carbon Credit Trading Scheme: A New Era for Emissions Reduction
India’s Bureau of Energy Efficiency (BEE) has recently unveiled the Detailed Procedure for Compliance Mechanism (DPCM) under the Carbon Credit Trading Scheme (CCTS). This marks
SEBI Proposes Easing Disclosure Requirements for Foreign Portfolio Investors
The Securities and Exchange Board of India (SEBI) is considering changes to its disclosure requirements for foreign portfolio investors (FPIs). In 2023, SEBI tightened regulations
India’s Telecom Landscape Gets a Regulatory Boost: Draft Rules for Adjudication and Appeals
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
India Simplifies Cross-Border Share Swaps & Boosts Global Investment!
Exciting news for investors! The Indian government has amended its Foreign Exchange Management Rules to facilitate cross-border share swaps and support the international growth of
High Court Upholds Contractual Limits on Damages in Arbitration
The Delhi High Court recently ruled that an arbitral tribunal cannot award damages prohibited by the contract. This reinforces the principle that contractual agreements are
India Simplifies Foreign Investment Procedures with Key Amendments
India has taken another step towards enhancing its investment landscape by amending the Foreign Exchange Management (Non-debt Instruments) Rules, 2019. The changes aim to simplify
