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[RBI Regulatory Update] - FPI NCD route - Voluntary Retention Route (Revised scheme)

RBI notifies the revised Voluntary Retention Route for Investments by Foreign Portfolio Investors (FPIs) and opens allotment ‘on tap’ Reserve Bank of India introduced the Voluntary Retention R...

Clarification on Form ADT 1 Form for Appointment of Auditor filed through GNL 2

Relaxation from payment of additional fees The Ministry of Corporate Affairs (the MCA) had received representation from various stakeholders seeking for relaxation from payment of additional fee sp...

Step by step approach to Private Equity deals

The first step in a private equity deal would be to assemble potential investors interested in the desired company. This may prove to be the most difficult step as most companies are ambiguous with th...

Startup Legal Guide: Get upto 5% Incentives of your foreign income under Service Export from India Scheme (SEIS)

About Service Export from India Scheme (SEIS) SEIS is one of the Service Exports from India Scheme launched by DGFT in Chapter 3 of Free Trade Policy 2015-20. This scheme aims to incentivize servic...

[IMPORTANT] RoC Compliances for LLP

Registrar of Companies (RoC) Compliances for LLP Three mandatory compliances for LLP Annual Return – Form 11 Statement of the Accounts/Financial Statements – Form 8 Income Tax Retur...

Legal and Financial Consequences of GDPR for Indian Startups

The General Data Protection Regulation, abbreviated as GDPR, was introduced on May 25, 2018. The regulation applies to every entity - big or small that has operations in the European Union in processi...

Private Equity Deal: A Step-By-Step Approach

Contributed by Ishani Chakrabarty, Symbiosis Law School, Pune Private Equity (PE) Basics The first step in a private equity deal would be to assemble potential investors interested in the desired co...

GST return filing date extended for Taxpayers in Kerala, Mahe and Kodagu

Extended Due Dates for Filing of GST Returns The Central Board of Indirect Taxes & Customs (“CBIC”) has issued a Press Release dated August 21, 2018, which extends the due dates for filing ...

A Guide to Non-Banking Financial Company (NBFC)

The Indian economy over the past few decades has gone through a period of rapid financialization and economic development. This has resulted in the growth of many different types of financial institut...

Rules for Independent Directors under Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2018

The Companies (Appointment and Qualification of Directors) Rules 1 came into effect in 2014 when they were officially published in The Gazette of India. For the purpose of providing consistent c...