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31 July 2024

LKS Corporate Practice: Quarterly Update 2024 (April - June)

Foreword

The April-June 2024 issue of LKS Corporate Law Quarterly Update covers key changes relating to Company laws, Banking laws and Securities laws that have a bearing on Indian businesses, investors and other stakeholders.

Key Updates under Company Laws

  • Relaxation of additional fees and extension of last date of Filing of LLP BEN 2 and LLP Form 4D under the Limited Liability Partnership Act, 2008

Key Updates under Banking Laws

  • New framework for Self-Regulatory Organisations (“SROs”) for Fintech Sector
  • Amendment to the Foreign Exchange Management (Overseas Investment) Directions, 2022 - Investments in Overseas Funds

Key Updates under Securities Law

  • SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2024
  • SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2024
  • SEBI (Depositories and Participants) (Amendment) Regulations, 2024
  • SEBI (Buy-Back of Securities) (Amendment) Regulations, 2024
  • SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2024

LKS Corporate Practice: Quarterly Update 2024 (April - June)

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