Recent Company and LLP Law Amendments Impacting Startups

Recent Company and LLP Law Amendments Impacting Startups

The Indian government has introduced several amendments to specific Acts over time, and these amendments are in line with a variety of other policies, which include Startup India and Digital India and are intended to promote innovation and business development. In addition to these reforms, the government’s Budget 2025 proposals are expected to further bolster…

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M&A Deals Surge, But Challenges Still Loom

M&A Deals Surge, But Challenges Still Loom

On the regulatory landscape, September 2024 saw a series of key notifications under the Competition Act, 2002, which revamped the merger control regime. These updates, inter alia, introduced new deal value thresholds, shortened the timeline for merger control reviews, and codified green channel rules, all of which are expected to streamline the process. However, not…

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Buyback Fraud: SAT's Take on Compliance Officer’s Liability

SAT’s Take on Compliance Officer’s Liability

This decision overturned an earlier order by the Adjudicating Officer (AO) of the Securities and Exchange Board of India (SEBI), who had determined that the appellant misled investors by signing the buyback announcement. We now examine the background of the case and the significance of the Tribunal’s ruling. Brief Background In this case, the appellant…

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Key Disclosure Rule Challenged: Why It Matters For Listed Companies

Why It Matters For Listed Companies

At the heart of the challenge are the provisions that mandate disclosure of agreements which impact the management or control of a listed company, even if the company itself is not a party to the agreement. The petitions have been brought by five listed Kirloskar Group companies, contending that these disclosure requirements are manifestly arbitrary,…

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