Category Archives: Regulatory

Background Compounding of an offence refers to the process of admitting the contravention, suo moto and seeking redressal. The Reserve Bank of India is empowered to compound any contraventions as defined under section 13 of Foreign Exchange Management Act, 1999 … Continue reading →

The Central Government has laid down certain essential amendments in the Foreign Contribution (Regulation) Act, 2010 with the introduction of the Foreign Contribution (Regulation) Amendment Act, 2020, which has come into force with effect from September 28, 2020. Here, Foreign … Continue reading →

The Legal Entity Identifier (LEI) is a global reference number that uniquely identifies every legal entity or structure that is party to a financial transaction, in any jurisdiction. It is a 20-digit unique code to identify parties to transaction worldwide. … Continue reading →

The Government has promulgated yet another set of amendments in Company law with the introduction of the Companies (Amendment) Act, 2020, which has come into force from September 28, 2020. Introduction of this 4th Amendment in the Companies Act, 2013, … Continue reading →

The Ministry of Corporate Affairs (MCA), with a view to reinforcing the investor interest and better corporate governance, amended the Companies (Prospectus and Allotment of Securities) Rules, 2014 by issuing Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019 … Continue reading →