Foreword
We are pleased to present the latest edition of our quarterly newsletter, where we have covered significant amendments under company law, foreign exchange laws, securities laws and environmental laws. On the corporate law front, significant amendments were brought about to provide much needed clarity to registered valuers on adoption of valuation standards, enhance the disciplinary mechanism and offer operational flexibility to the stakeholders.
Key updates under the Companies Act, 2013
- Companies (Registered Valuers and Valuation) Amendment Rules, 2022
Key updates under Foreign Exchange Laws
- Master Direction – Import of Goods and Services
- Master Direction – Export of Goods and Services
- Standardizing late submission fees for reporting delays
Key updates under Securities Law
- Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2022
- Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) (Second Amendment) Regulations, 2022
- Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2022
- Securities and Exchange Board of India (Alternative Investment Funds) (Fourth Amendment) Regulations, 2022
- Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2022
LKS Corporate Practice: Quarterly Update 2022 (October - December)