by Majmudar & Partners | Apr 29, 2019 | Securities Law
On December 31, 2018, the Securities and Exchange Board of India (the “SEBI”) introduced several changes to the SEBI (Prohibition of Insider Trading Regulations), 2015 (the “Regulations”), which became effective on April 1, 2019. They were introduced pursuant to the...
by Majmudar & Partners | Apr 23, 2019 | Disputes and Arbitration, Technology, Telecommunication and Media
Background In September 2009, the Telecom Regulatory Authority of India (the “TRAI”) introduced mobile number portability services (“MNP Services”) in India by issuing the Telecommunication Mobile Number Portability Regulations, 2009 (the “MNP Regulations”). MNP...
by Majmudar & Partners | Mar 25, 2019 | Policy & Governance Updates
Introduction On March 26, 2016, the Indian government introduced the Aadhar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (the “Act”). The Act’s objective was, inter alia, to provide good governance, and an efficient and...
by Majmudar & Partners | Mar 12, 2019 | Corporate/M&A
Recently, the Indian government has introduced several new reporting obligations under the Companies Act, 2013 (the “Act”) for Indian companies in respect of their registered office address and dealings with micro and small enterprises (“MSEs”). Additionally, the...
by Majmudar & Partners | Jan 23, 2019 | Banking and Finance, Foreign Investment
The Reserve Bank of India (the “RBI”) has revised the external commercial borrowings (“ECB”) framework on a regular basis in a bid to make foreign borrowings a lucrative method of raising capital. On December 17, 2018, the RBI replaced the erstwhile regulations on...
