In a significant regulatory update, the Securities and Exchange Board of India (SEBI) has announced the abolition of the 1% security deposit requirement for issuer companies launching public issues of equity shares on November 21, 2024, this decision is part of SEBI’s continued efforts to streamline market processes, reduce unnecessary compliance burdens, and enhance the […]
Read More →On October 16, 2024, the Securities and Exchange Board of India (SEBI) introduced a significant new initiative aimed at enhancing liquidity for investors in debt securities and this is effective from November 1, 2024. SEBI implemented a facility known as the “Liquidity Window.” This new framework will enable investors to sell their listed bonds or […]
Read More →On October 8, 2024, the Securities and Exchange Board of India (SEBI) introduced new compliance guidelines for Alternative Investment Funds (AIFs). These updated rules are designed to improve transparency, prevent any misuse of regulations, and ensure that AIFs and their investors strictly adhere to the established legal requirements. The new regulations are effective immediately and […]
Read More →Core Investment Companies (CICs) are vital to the financial ecosystem, managing long-term investments such as shares and debentures in other companies. To ensure their efficient and transparent operation, and to align with regulatory standards, the Reserve Bank of India (RBI) has established a set of compliance requirements for these companies. Meaning of Core Investment Companies […]
Read More →The Assam Public Safety (Measures) Enforcement Act, 2023, enacted with the aim of enhancing public safety in Assam, brings forth a robust legal framework designed to address security concerns while balancing the rights of citizens. Following its publication in the Assam Gazette on November 16, 2023, the Amendment Act came into effect. This Amendment Act […]
Read More →The Digital Personal Data Protection Act (DPDP) of India has successfully navigated its final stages after several years of extensive debates, postponements, and negotiations. The act was passed by the Indian Parliament on August 11, 2023 and received presidential assent on the same day. However, the exact date of its coming into force has not […]
Read More →The Ministry of Corporate Affairs (MCA) has announced four important notifications effective from September 10, 2024. These updates pertain to notifying CCI for mergers and acquisitions under the Competition Act. Here’s a brief overview of these notifications entail: Provisions Notified Under the Competition (Amendment) Act, 2023: The notifications put into effect specific provisions from the […]
Read More →The Ministry of Health and Family Welfare (MoHFW) has published Indian Council of Medical Research’s (ICMR) Guidelines for Ethical use of Leftover De-identified/ Anonymous Samples for Commercial Purpose. These specimens include organs, parts of organs, cells, tissues, cell products such as blood, blood products (even positive for eHBsAG/HCV/HIV/Syphilis and expired blood), urine, saliva, DNA/RNA, hair, nail clippings, […]
Read More →The Ministry of Environment, Forest and Climate Change (MoEFCC) has issued the Water Purification System (Regulation of Use) Rules, 2023. These rules provide guidelines on how to properly manage, store, and use the waste water and discarded parts from water purification systems. The rules were published on November 10, 2023, but they will take effect […]
Read More →Key amendments in REIT Compliances SEBI vide its notification dated 8th of March, 2024 have notified Securities and Exchange Board of India (Real Estate Investment Trusts) (Amendment) Regulations, 2024. Brief synopsis of additional compliances introduced are as under: S. No. Sub Head Compliance Description Periodicity Effective Date 1 Other Compliance Investment manager to […]
Read More →