Prateek Desai joins Khaitan & Co as Partner in New Delhi
We are pleased to announce that Prateek Desai has joined Khaitan & Co as Partner in the Corporate and Commercial (Debt) practice
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Court of Additional Judicial Commissioner, Ranchi designated as Special Court under Companies Act
Central Government designates the Court of Additional Judicial Commissioner, Ranchi in the State of Jharkhand as a Special Court for the purposes
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SEBI issues over Rs 2 Crores demand notice to Anand Subramanian: Know the Reason
Mr Anand Subramanian had been asked to pay a sum of Rs 2,04,87,575 (Rupees Two Crore Four Lakh Eighty-Seven Thousand Five Hundred
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Borrowers with exposure of Rs 5 crores and above have to obtain Legal Entity Identifier? Know what RBI says
The guidelines on LEI stand extended to Primary (Urban) Co-operative Banks (UCBs) and Non-Banking Financial Companies (NBFCs). The non-individual borrowers enjoying aggregate
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Mergers & Acquisitions (M&A) | CCI gives approval for acquisition of shareholding in HDFC Ergo General Insurance Co. Ltd. by HDFC Bank Ltd.
Acquisition approval by Competition Commission of India The Competition Commission of India (CCI) approves acquisition by HDFC Bank Limited (Acquirer) of shareholding
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RBI | Primary (Urban) Co-operative Banks shall not provide or renew director-related loans
The Banking Regulation Act, 1949 has been amended by the Banking Regulation (Amendment) Act, 2020 notified for the Primary (Urban) Co-operative Banks
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Union Budget 2021-22 | Proposals established on 6 Pillars; Tax Relief for Senior Citizens above 75 years of age [Read the live Updates]
Finance Minister, Nirmala Sitharaman presented the Union budget 2021-22 in the Parliament Today. 6 Pillars: Health and Well-Being Physical and Financial capital
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RBI | Withdrawal of circulars – on Recovery of excess pension made to pensioners
It has been brought to the notice of RBI that the recovery of excess /wrong pension payments from the pensioners are being
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RBI introduces Legal Entity Identifier for Large Value Transactions in Centralised Payment Systems
Legal Entity Identifier The Legal Entity Identifier (LEI) is a 20-digit number used to uniquely identify parties to financial transactions worldwide. It
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SEBI issues operational guidelines for Transfer and Dematerialization of re-lodged physical shares
SEBI has fixed March 31, 2021, as the cut-off date for re-lodgment of transfer requests and has stipulated that such transferred shares
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Lakshmi Vilas Bank: RBI announces Draft Scheme of Amalgamation
The Reserve Bank of India has placed in the public domain a draft scheme of amalgamation of The Lakshmi Vilas Bank Ltd. (LVB)
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[Moratorium] Central Government places Lakshmi Vilas Bank under Moratorium for 30-days in the absence of a credible revival plan
BACKGROUND The financial position of The Lakshmi Vilas Bank Ltd. (the bank) has undergone a steady decline with the bank incurring continuous
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RBI announces Co-Lending by Banks and NBFCs to Priority Sector
Co-Lending Model “Co-Lending Model” (CLM), is to improve the flow of credit to the unserved and underserved sector of the economy and
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SEBI introduces “Flexi Cap Fund” as a new category under Equity Schemes
In order to give more flexibility to the mutual funds and taking into account the recommendations of Mutual Fund Advisory Committee (MFAC),
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CBIC & CBDT sign MoU to facilitate smoother bilateral exchange of data
A Memorandum of Understanding (MoU) was signed between the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and
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Jio-Facebook Deal | CCI approves acquisition of 9.99% stake in Jio Platforms by Facebooks’ subsidiary Jaadhu Holdings LLC
CCI approves acquisition of 9.99% stake in Jio Platforms by Facebooks’ subsidiary Jaadhu Holdings LLC The Competition Commission of India (CCI) approves
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BREAKING | Decoding of Rs 20 Lakh Crore Economic Package| New Definition of MSMEs; Tax filing due date extended to 30th November, 2020
Background: Amidst the Corona crisis, PM announced a special economic package with a new resolution. This economic package will serve as an
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CMC Webinar Series | Excited to be the Legal Outreach Partners!
Centre for Mediation and Conciliation CMC WEBINAR REBUILDING SPACES Expert Discussion on Way Forward for Construction, Real Estate & Infrastructure Moderator Sumit
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RBI permits greater space to State Governments/ UTs for availing overdraft facilities
In order to provide greater flexibility to the State Governments to tide over their cashflow mismatches, RBI, on a review, has decided
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Bank Mergers | RBI | Schemes of Amalgamation enforced w.e.f 1st April, 2020
The Amalgamation of Allahabad Bank into Indian Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India was published
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