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26 October 2017

The Ministry of Corporate Affairs (‘MCA’) vide a circular dated 25 October 2017 has clarified that approval of shareholders/ members of the corporate debtor/ company is not required for any actions contained in the resolution plan which would normally require specific approval of shareholders...

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25 September 2017

The Ministry of Corporate Affairs (‘MCA’) vide a notification dated 19th September 2017, has amended Rule 3 (3) of the Companies (Acceptance of Deposits) Rules, 2014 permitting certain types of companies to accept deposits as under:

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25 September 2017

The Government of India and the Securities and Exchange Board of India (‘SEBI’) had recently carried out amendments, respectively to Securities Contracts (Regulation) Rules, 1957 and SEBI (Stock Brokers and Sub-Brokers) Regulations, permitting stock brokers dealing in securities (other than...

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25 September 2017

The Securities Exchange Board of India (‘SEBI’) has issued a circular amending requirements relating to automatic listing of shares issued by an unlisted company to shareholders of listed company pursuant to a Scheme of Arrangement. The amendment has been made to align minimum public offer and...

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