News and Updates Issue 30 Duration January 16-31, 2020

NU-issue30

Law should not be changed without good reason.

CHARLES LOUIS DE MONTESQUIEU, 17TH-CENTURY FRENCH LAWYER AND POLITICAL PHILOSOPHER

BANKING AND FOREIGN EXCHANGE

  • The Reserve Bank of India (RBI) has issued a notification RBI/2019-20/145 A.P. (DIR Series) Circular No.17 dated January 20, 2020 in relation to Introduction of Rupee derivatives at International Financial Services Centre’s (IFSC) Read More
  • The Reserve Bank of India (RBI) has issued a notification RBI/2019-20/150 A.P. (DIR Series) Circular No.18 dated January 23, 2020 in relation to Investment by Foreign Portfolio Investors (FPI) in Debt Read More
  • The Reserve Bank of India (RBI) has issued a notification RBI/2019-20/151 A.P. (DIR Series) Circular No.19 dated January 23, 2020 in relation to ‘Voluntary Retention Route’ (VRR) for Foreign Portfolio Investors (FPIs) investment in debt – relaxations Read More
  • The Reserve Bank of India (RBI) has issued a notification RBI/2019-20/152 A.P. (DIR Series) Circular No.20 dated January 23, 2020 in relation to Merchanting Trade Transactions (MTT) – Revised Guidelines Read More

LABOUR LAW

  • Labour Department Haryana has issued a notification regarding engagement of apprentices under Apprenticeship Act [January 31, 2019] Read More

COMPETITION LAW

  • Competition Commission of India (CCI) approves subscription of units of Tower Infrastructure Trust (“InvIT”) by BIF IV Jarvis India Pte. Ltd. (“Jarvis”), British Columbia Investment Management Corporation (“BCI”), Anahera Investment Pte. Ltd. (“Anahera”) and Valkyrie Investment Pte. Ltd. (“Valkyrie”), under Section 31(1) of the Competition Act, 2002 [January 17, 2020] Read More
  • Federal Trade Commission (FTC) finalizes settlements with five companies related to privacy shield allegations [January 16, 2020] Read More
  • New Federal Trade Commission (FTC) data shows that the FTC received nearly 1.7 Million fraud reports, and FTC Lawsuits returned $232 Million to Consumers in 2019 [January 23, 2020] Read More

ENERGY

  • Government approves ordinance to remove end user restrictions, boost Foreign Direct Investment (FDI) in coal mining [January 21, 2020] Read More
  • Ministry of New and Renewable Energy (MNRE) recommends imposition of basic customs duty on imported solar cells and modules [January 22, 2020] Read More

NEWS

  • Electricity Act may be amended to ensure discoms honour power pacts [January 16, 2020] Read More
  • Non-telcos to file review against AGR ruling: Solicitor General [January 16, 2020] Read More
  • Insolvency and Bankruptcy Board of India (IBBI) amends voluntary liquidation process regulations [January 16, 2020] Read More
  • The Securities and Exchange Board of India (SEBI) comes out with disclosure format for listed debt securities [January 17, 2020] Read More
  • Supreme Court (SC) notices to centre on minority schemes [January 21, 2020] Read More
  • The Securities and Exchange Board of India (SEBI) panel proposes sweeping changes to norms governing related party transactions [January 27, 2020] Read More
  • Government notifies rules for winding up of companies under Companies Act [January 29, 2020] Read More

Disclaimer “This information has been gathered from various sources. Nothing herein is or may be construed as legal advice”.