NCLT Admits Insolvency Plea u/s 95 Against Personal Guarantor as Debts Were Fully Recoverable as Per Guarantee Deed

Case Details: State Bank of … Continue reading “NCLT Admits Insolvency Plea u/s 95 Against Personal Guarantor as Debts Were Fully Recoverable as Per Guarantee Deed”

SEBI Issues Guidelines to Strengthen Governance of Stock Exchanges, Clearing Corporations, and Depositories

Circular No. SEBI/HO/MRD/POD-3/P/CIR/2024/162; Dated: 22.11.2024 … Continue reading “SEBI Issues Guidelines to Strengthen Governance of Stock Exchanges, Clearing Corporations, and Depositories”

RBI Amends FEM (Foreign Currency Accounts by Person Resident in India) Regulations to Align It with the Updated Startup Definition

Notification No. FEMA 10 (R)/(4)/2024-RB; … Continue reading “RBI Amends FEM (Foreign Currency Accounts by Person Resident in India) Regulations to Align It with the Updated Startup Definition”

SEBI Releases a Consultation Paper on the Process for Appointment of Specific KMPs of Market Infrastructure Institutions

Consultation paper; Dated: 22.11.2024 SEBI … Continue reading “SEBI Releases a Consultation Paper on the Process for Appointment of Specific KMPs of Market Infrastructure Institutions”

SEBI Proposes a Review of Ownership and Economic Structure of Clearing Corporations Operating in Equity Markets

Consultation paper; Dated: 22.11.2024 SEBI … Continue reading “SEBI Proposes a Review of Ownership and Economic Structure of Clearing Corporations Operating in Equity Markets”

SEBI Removes Requirement for No Objection Certificate for Release of 1% of Issue Amount Under ICDR Regulations

Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/0161, Dated 21.11.2024 … Continue reading “SEBI Removes Requirement for No Objection Certificate for Release of 1% of Issue Amount Under ICDR Regulations”