Considering the global pandemic caused by the novel coronavirus and the ensuing disruption to businesses, SEBI has relaxed certain compliance requirements for listed corporates under the SEBI
Khaitan & Co
Prospective Issuers of NCRPS: With the objective of enabling prospective issuers of listed NCRPS, the SEBI Circular has relaxed the timeline for disclosure of audited financials in an offer document.
In our news alert published last week, we had discussed some much-needed exemptions granted by SEBI to listed companies grappling with the disruption caused by the outbreak of COVID 19.
Khaitan & Co
The Securities Appellate Tribunal, Mumbai (SAT) passed an order in Ravikiran Realty India Ltd & Ors v SEBI, Misc App. Nos. 90 & 382 of 2019 with Appeal No. 231 of 2018 on 6 March 2020 attaching stridhan of a female director ...
COVID 19 is 2020's juggernaut - a black swan that has disrupted life like we have never known before.
The Novel Coronavirus (COVID-19) has been declared a pandemic by the World Health Organization and has affected numerous countries, including India.
SEBI vide circular no. SEBI/HO/DDHS/DDHS/CIR/P/2020/36 Has issued guidelines for Right Issue, Preferential Issue and Institutional Placement of units by a listed InvITS.
SEBI has revised timelines for issuance of observations on a draft offer document to provide more clarity for cases where adverse proceedings...
In case of acquisitions involving listed companies, parties often choose to complete the transaction ‘on-market', that is, on the floor of the stock exchanges, on account of tax benefits.
Singh & Associates
This appeal was filed against the order of the NCLT Chennai Bench. In this case the appellants were holding 100% shares in the respondent company.
Dhaval Vussonji & Associates
The Ministry of Corporate Affairs (MCA) vide Notification dated 3rd February, 2020 has notified sub-sections 11 and 12 of Section 230 which allow a takeover offer to be made by way of a compromise...
Being one of the fastest growing major economies in the world as well being one of the largest in terms of GDP and purchasing power parity, India has evolved as a major destination as far as global investment flows are concerned.
In order to further streamline the operations at IFSC, based on the internal discussions and consultations held with the stakeholders,...
SEBI vide its Circular no. CIR/MRD/DSA/32/2013 dated October 04, 2013, and CIR/MRD/DSA/33/2014 dated December 09, 2014...
SEBI issued circular no. SEBI/HO/IMD/DF6/CIR/P/2020/24 dated February 5, 2020 that introduces standard templates for alternative investment funds' private placement memorandums, annual audits of compliance ...
Some key amendments to the exchange control regulations, Companies Act, 2013, and the Indian Stamp Act, 1899 were introduced in the second half of 2019.
Here we discuss some of the major developments in the past year and provide a glimpse of what to expect in 2020.
Rights issues are often utilized by listed companies as a route to raise capital when stock markets are sluggish and new investors may be loath to make fresh investments.
The new norms governing Portfolio Managers services, doubling a portfolio manager's net worth requirement to ₹5 crore, giving the existing ones three years to meet the revised norms.
Kochhar & Co.
Real Estate Investment Trusts Regulations ("Reit Regulations") were notified by the Securities Exchange Board of India (SEBI) in 2014.