ARTICLE
17 January 2025

Legalaxy - Monthly Newsletter - January 2025

VA
Vaish Associates Advocates

Contributor

Established in 1971, Vaish Associates, Advocates is one of the best-known full-service law firms in India. Since its inception, it continues to serve a diverse clientele, including domestic and overseas corporations, multinational companies and individuals. Presently, the Firm has its operations in Delhi, Mumbai and Bengaluru.
In the January edition of our monthly newsletter "Legalaxy", our team analyses some of the key developments in securities market, banking and finance, environment, consumer affairs and corporate affairs.
India Finance and Banking

In the January edition of our monthly newsletter "Legalaxy", our team analyses some of the key developments in securities market, banking and finance, environment, consumer affairs and corporate affairs.

Below are the key highlights of the newsletter:

SEBI UPDATES

  • SEBI LODR (Third Amendment) Regulations, 2024 – Notified
  • SEBI issues guidelines regarding pro-rata and pari-passu rights of investors of AIFs
  • SEBI grants relaxation for the trigger of maximum ISIN maturity requirement
  • Industry standards on business responsibility and sustainability report – Notified
  • SEBI clarifies regulations on shareholding transfers and change in control for market intermediaries

RBI & IFSC UPDATES

  • IFSCA (Informal Guidance) Scheme, 2024
  • IFSCA issues revised directions to IBUs for operations of FCAS of Indian resident individuals opened under the LRS

ENVIRONMENTAL UPDATES

  • Battery Waste Management Rules, 2022 – Decriminalized
  • Environment Relief Fund (Amendment) Scheme, 2024 – Notified
  • Public Liability Insurance Rules, 1991 – Amended

OTHER UPDATES

  • E-Commerce FBOs advised to strengthen food safety compliance
  • MCA extends the deadline of filing form CSR-2
  • Ministry of Home Affairs tweaks the rules of foreign contribution

We hope you like our publication. We look forward to your suggestions.

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Advocates, 1st & 11th Floors, Mohan Dev Building 13, Tolstoy Marg New Delhi-110001 (India).

The content of this article is intended to provide a general guide to the subject matter. Specialist professional advice should be sought about your specific circumstances. The views expressed in this article are solely of the authors of this article.

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