Khaitan & Co
Fund managers may consider updating the investors on the anticipated impact of the outbreak on the fund's portfolio.
SEBI issued circular no. SEBI/HO/IMD/DF6/CIR/P/2020/24 dated February 5, 2020 that introduces standard templates for alternative investment funds' private placement memorandums, annual audits of compliance ...
Here we discuss some of the major developments in the past year and provide a glimpse of what to expect in 2020.
The new norms governing Portfolio Managers services, doubling a portfolio manager's net worth requirement to ₹5 crore, giving the existing ones three years to meet the revised norms.
India's Smart Cities Mission signals a shift towards strategic planning in urban development. Transit-oriented development is promoted under smart cities as an urban growth strategy as mobility is critical ...
Kochhar & Co.
Real Estate Investment Trusts Regulations ("Reit Regulations") were notified by the Securities Exchange Board of India (SEBI) in 2014.
While the Finance Bill 2020 seeks to enhance effectiveness, transparency and accountability of tax administration, the proposals (barring a few) are largely tepid.
The banking sector has been under tremendous stress in the past few years due to the increasing number of non-performing assets (NPA)...
On February 5, 2020, the Securities and Exchange Board of India issued a circular introducing significant changes to the existing legal regime concerning alternative investment funds.
Khaitan & Co
The first full union budget of the re-elected Narendra Modi Government presented on 1 February 2020 (Budget 2020) was a highly anticipated one from the perspective of the Indian fund management industry, ...
King, Stubb & Kasiva
The October 2019 marked a new era in the Finance industry of the country as the new circular issued by the RBI has included mutual funds with more than 50% foreign shareholding...
Khaitan & Co
A resolution of the board of directors of the investment manager approving the rights issue of the units should have been passed.
Dhaval Vussonji & Associates
In a recent Order of the Hon'ble Bombay High Court, Justice G. S. Patel settled a very peculiar situation, when the stamp duty was initially calculated on the Ready Recknor value, instead of the value fetched in a Court Auction Sale.
LexCounsel Law Offices
The Finance Act of 2015 had proposed certain amendments to the Foreign Exchange Management Act, 1999 ("FEMA").
Recently, the Hon'ble Supreme Court has upheld the constitutional validity of such amendment to IBC thereby retaining the cheer on the homebuyers face.
Cyril Amarchand Mangaldas
On December 24, 2019, Securities and Exchange Board of India ("SEBI") released a circular setting up a stewardship code for Asset Management Companies ("AMCs"),
Wakhariya & Wakhariya
One of the greatest weaknesses of the Indian economy (or really of India's businesses) is the failure to change mindsets, the failure to take a long term view and the persistent practice of taking a narrow, short term view –
Guidelines for preferential issue of units and institutional placement of units by a listed Real Estate Investment Trust.
India is one of the largest economies in the world. It is the most favorable market for investment purposes in the coming 20 years.
Nishith Desai Associates
Yatra Capital Limited, a real estate fund listed on EuroNext Stock Exchange, invested approximately USD 24 million in Forum IT Parks Private Limited.