L&S Corporate Practice: Quarterly Update 2024 (January - March)

Foreword

We are pleased to present the latest edition of our quarterly newsletter, where we have covered significant amendments under company law, banking laws, securities laws and environmental laws

Key updates under the Companies Act, 2013

  • Regulatory Framework for Listing of Securities by Public Companies on International Exchanges of GIFT IFSC
  • Incorporation Related Services to Now Be Accessible through the National Single Window System
  • Companies (Registration Offices and Fees) Amendment Rules, 2024
  • FDI Reform to Accelerate Development of India's Space Sector

Key Updates underBanking Laws

  • Master Direction - Reserve Bank of India (Commercial Paper and Non-Convertible Debentures of original or initial maturity upto one year) Directions, 2024
  • Investments in Alternative Investment Funds ("AIFs")

Key updates under Securities Law

  • SEBI (Alternative Investment Funds) (Third Amendment) Regulations, 2024
  • SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2024
  • Introduction of a framework for Offer for Sale ("OFS") of Shares to Employees through Stock Exchange Mechanism
  • Amendment to Circular for mandating additional disclosures by FPIs.
  • Highlights of the SEBI Board Meeting
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