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14 November 2023

LKS Corporate Practice: Quarterly Update 2023 (July - September)

Foreword

We are pleased to present the latest edition of our quarterly newsletter, where we have covered significant amendments under company law, banking laws, securities laws and environmental laws.

Key Updates under the Companies Act

  • Companies (Incorporation) Second Amendment Rules, 2023

Key Updates under banking laws

  • Fair Lending Practice – Penal Charges in Loan Accounts

Key Updates under securities law

  • SEBI (Credit Rating Agencies) (Amendment) Regulations, 2023
  • SEBI (Foreign Portfolio Investors) (Second Amendment) Regulations, 2023
  • SEBI (Real Estate Investment Trusts) (Second Amendment) Regulations, 2023
  • SEBI (Infrastructure Investment Trusts) (Second Amendment) Regulations, 2023
  • SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2023
  • SEBI (Listing Obligations and Disclosure Requirements) (Fourth Amendment) Regulations, 2023

Key Updates under environment laws

  • Environment Impact Assessment (“EIA”) Notification, 2006
  • Hazardous and Other Waste (Management and Transboundary Movement) Second Amendment Rules, 2023
  • Biological Diversity (Amendment) Act, 2023

LKS Corporate Practice: Quarterly Update 2023 (July - September)

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