SEBI amends norms for investments by angel funds and FPs; Imposes restrictions on compensation agreements
Introduction On November 23, 2016, the Securities and Exchange Board of India (the “SEBI”) approved several important changes to Indian securities...
Recent updates on MFN, the Cyprus treaty and taxability of offshore supply
There have been a number of important tax developments and cases in India over the last couple of months. In this update, we provide snippets on...
Changes to India’s foreign investments and borrowings regulations
Introduction This update discusses certain key changes to India’s foreign exchange regulations implemented recently. Foreign investment in financial...
India demonetizes INR500 and INR1000 notes, moving towards a cashless economy
Major Reform In a big bang reform, effective midnight of November 9, 2016, the Indian government has banned INR500 and INR1000 currency notes (the...
Simplified process for incorporating companies
Introduction In the last couple of years, the Indian government has taken many initiatives to ease the process of incorporating a company in India...
Sebi cautions online crowdfunding platforms; clarifies applicability of insider trade regulations
This update discusses the implications of a recent cautionary notice issued by the Securities and Exchange Board of India (the “SEBI”) in respect of...