ArchiveSeptember 2016

Announcement: Essay Competition in Corporate Law

[The following announcement is posted on behalf of the Corporate Law Society, National Law University, Jodhpur] Corporate Law Society, National Law University, Jodhpur, is pleased to announce the 1st Pranita Mehta Memorial Essay Competition, 2016 in memory of the university’s exceptional student, Ms. Pranita Mehta. The Competition is open to all students pursuing under-graduate (three/five...

The Inapplicability of Money Lending Laws to Regulated NBFCs

[The following guest post is contributed by Munmi Phukon, who is a Senior Manager in the Corporate Law Division at Vinod Kothari & Co.] Introduction In 2011, a landmark judgment of the Gujarat High Court in Radhe Estate Developers Vs. Versus Mehta Integrated Finance Co. Ltd. and Ors (the ‘Gujarat Ruling’) contested the very fact of applicability of the Bombay Money Lending Act, 1946 (the...

Exempted inter-se transfer amounts to ‘sale’

[The following post is contributed by Supreme Waskar, who is a corporate lawyer in Mumbai] In an earlier post on February 18, 2012, Mr. Umakanth Varottil had discussed the informal guidance issued by the Securities and Exchange Board of India (SEBI) to Strides Arcolabs in connection with the company’s eligibility to issue securities to its promoters on a preferential allotment basis...

Takeover Regulations and the Banking Sector

Two separate but recent developments underscore the need to treat the banking sector differently when it comes to compliance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the “Takeover Regulations”). While the first relates to the applicability of the Takeover Regulations to capitalization of banks, the second relates to restructuring debts of borrower...

Call for Papers: Journal on Corporate Law & Governance

[The following announcement is posted on behalf of the Journal on Corporate Law & Governance] This is a call for papers for Volume 2 Issue 2 of the Journal on Corporate Law & Governance published by the National Law University, Jodhpur. The broad theme of the volume is -“RBI & SEBI: The Evolved Gatekeepers to the Indian Financial System post 2014” Sub-themes 1. FDI Policy 2016: Hits...

Arbitration in India: The Merits of Third Party Funding

[The following post is contributed by Gourav Mohanty, who is a lawyer in Mumbai] Introduction The effort at improving India’s arbitration sentiment by the creation of the Mumbai International Arbitration Centre (“MIAC”) has received applause, although many in the legal industry, for example Mr. Nishith Desai, do not think of it as a game changer. The MIAC has a lot going for it, from eminent...

The Need for Cyber Security Due Diligence in M&A Transactions

[The following post is contributed by Prajoy Dutta, a third year B.A.,LL.B (Hons.) student at Institute of Law, Nirma University, Ahmedabad and Srinivas Raman, a fourth year B.A.,LL.B (Business Law Hons.) student at National Law University, Jodhpur] Introduction In the rapidly expanding mergers and acquisitions (“M&A”) environment, companies often overlook the finer aspects of due diligence...

Call for Submissions: NLUJ Law Review

[The following announcement is posted on behalf of the NLUJ Law Review] About the Review The NLUJ Law Review is the flagship journal of National Law University, Jodhpur, established with the objective of promoting academic research and fostering debate on contemporary legal issues in India. It is a bi-annual, double-blind student reviewed and student-edited journal focusing on an inter...

SEBI’s Stance on Crowdfunding Platforms

On 30 August 2016, the Securities and Exchange Board of India (SEBI) issued a press release titled “SEBI Cautions Investors”. It covers various matters pertaining to the stock markets. One issue pertains to the question of leagues/ schemes/ competitions that may involve distribution of prize monies, which has been the subject matter of an earlier post on this Blog. Another aspect of SEBI’s...

NBFC Master Directions 2016: An Analysis

[The following guest post is contributed by Surbhi Jaiswal of Vinod Kothari & Co. She can be reached at surbhi@vinodkothari.com.] On 1 September, 2016, the Reserve Bank of India (RBI) issued two new sets of master directions, namely the Master Direction – Non-Banking Financial Company – Non...

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Recent Posts

Topics

Recent Comments

Archives

web analytics