Category Archives: Regulatory

Notification of Overseas Investment Rules, Regulations & Master Directions, 2022

In keeping with the spirit of liberalization and to promote ease of doing business, the Central Government and Reserve Bank of India had been progressively simplifying the procedures under Foreign Exchange Management Act, 1999. Continuing with the same intent, a … Continue reading

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Foreign Contribution (Regulation) Amendment Rules 2022

Introduction of the Foreign Contribution (Regulation) Amendment Rules, 2022 The Central Government via notification dated July 01, 2022 has introduced Foreign Contribution (Regulation) Amendment Rules, 2022 (“The Amendment Rules 2022”) to amend the Foreign Contribution (Regulation) Rules, 2011 (“Rules”) under … Continue reading

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Nomination for Mutual Fund Units

SEBI directs AMCs to provide an Option for filing Nomination or Opting out for Mutual Fund Units Background: The Securities and Exchange Board of India (SEBI) vide its circular dated June 15, 2022 has made it mandatory for all the … Continue reading

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The Companies (Auditor’s Report) Order, 2020

Background: Companies Auditor Report Order(CARO) is an order which lists down the matters on which an auditor is required to report as per Section 143(11) of Companies Act, 2013. Thus, auditor of those entities on which CARO is applicable is … Continue reading

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Amendments in Existing FDI Policy

The Department of Promotion of Industry and Internal Trade, Ministry of Commerce & Industry vide its press note No. 1 (2022 Series) have made amendments in the FDI policy for permitting Investment in Life Insurance Corporation of India (LIC) and … Continue reading

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