Securities & Exchange Board Of India Further Amends The Securities & Exchange Board Of India (Issue And Listing Of Non-Convertible Securities) Regulations, 2021
On February 2, 2023, the Securities & Exchange Board of India (“SEBI”) notified amendment in the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021. The key amendments are as follows: And sub-regulation (7) shall be substituted, namely – The issuer shall simultaneously provide a copy of such notice to the stock exchange(s) where the […]
The Energy Conservation (Amendment) Act, 2022
The Energy Conservation (Amendment) Act, 2022 (“Act”) was notified on December 19, 2022 and aims to reduce India’s power consumption via fossil fuels thereby minimizing the nation’s carbon footprint. The key provisions of the Act are: The amendment seeks to consolidate multiple aspects related to energy transition, efficiency and conservation under one legislation to meet […]
What Banks Need to Survive 2021
Uncertainty and unpredictability were the watchwords for 2020. Business and consumer behaviour trends witnessed an everlasting evolution in 2020 and the velocity of change continues to increase. The Covid-19 pandemic and the economic impact has unveiled the deficiencies of many banks and the fallout is likely to continue into 2021, with several leading banks and the banking regulator […]
Whistleblower Protection Act, 2014: A Cracked Foundation?
The Whistle Blowers Protection Act, 2014 (“Act”) was enacted to provide a framework to investigate alleged corruption and misuse of power by public servants and to protect persons who allege any wrongdoings. However, 7 years having passed since the enactment without any amendments having been made to the Act. There has been a rampant cry […]