Newsletter - MMJC - Page 11

Recently, the Government has opened up the Telecom Sector for Foreign Direct Investment (FDI) under 100% Automatic route. Internet services can be provided by Internet Service providers (through cables) or satellites. Whether satellite-based internet service providers are covered under telecom sector which is allowed to bring in 100% FDI? We will discuss this at length.

The Supreme Court of India had been extending the limitation period by passing various interim orders and has now finally decided to put an end to this keeping in mind the improved situation of COVID-19 in the country. Considering the reduction in the prevalence of COVID-19 virus and normalcy being restored Supreme Court of India

SEBI has vide its amendment notification dt: September 7, 2021 has amended the SEBI LODR Chapter IV and Chapter V. We would first understand the amendment under Chapter IV of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation 2015 [‘LODR 2015’] and its implications Chapter IV of LODR 2015 is now

The Drone business is a much talked about business in terms of regulatory funding, restrictions and otherwise. Also, our Honorable Prime Minister is expecting India to be a global drone hub by 2030 and that drone application will be ensured in transportation, logistics, defence, mining, infrastructure sectors, and more. Obviously for achieving this, Foreign Direct

Background ‘Corporate’ is a concept of the modern world that has separate legal entity. Corporates are allowed to undertake business activities, earn profits, and are required to pay taxes also like any other citizen. As responsible citizens, corporates are also expected to meet their obligations towards society and the environment. Corporate Social Responsibility (‘CSR’) is

Provisions of Section 149, 197, and Schedule V of the Companies Act, 2013 (‘the Act’) deal with remuneration of Directors of the Company. Since the time Companies Act 1956 got replaced with Companies Act 2013, situation has been very dynamic as there have been as good as 20 changes in Section 197, Schedule V and

The petition was filed by M/s. Omega Properties Private Limited – the Operational Creditor (OC)  under section 9 of Insolvency and Bankruptcy Code, 2016 (IBC/Code) seeking admission of the petition, initiation of Corporate Insolvency Resolution Process (CIRP), granting moratorium and appointment of Interim Resolution Professional as prescribed under the Code and Rules thereon. Prajay Properties Private

The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (“POSH Act“) was enacted with the objective of providing protection against sexual harassment of women at workplace and for the prevention and redressal of complaints of sexual harassment and for matter connected therewith or incidental thereto. Constitution of Internal Committee Under the

Facts of Case and allegations: SEBI conducted investigation into trading pattern of Marksons Pharma Ltd (‘MPL’). During examination SEBI observed that certain employees of MPL, who were also “designated persons” of MPL, had executed contra trades in violation of Clause 10 of the Code of Conduct as per SEBI (Prohibition of Insider Trading) Regulations, 2015

Securities and Exchange Board of India (SEBI) vide its notification dt: 26 April 2021 has amended Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 [PIT 2015/PIT regulations]. Vide this amendment SEBI has omitted Regulation 7(1)(a) of PIT 2015. Prior to amendment Regulation 7(1)(a) of PIT 2015 read as follows, “Every promoter,