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In keeping with its profile of regulating and liberating the Indian economy, the Reserve Bank of India (“RBI”) issues series of circulars and notifications from time to time
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A corporation is a separate legal entity in law and exposed to liability, civil and criminal, for any wrongdoing. The latter is premised on the maxim actus non facit reum nisi mens sit rea which means an act...
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New SCCS Under GDPR
Article 46 of the General Data Protection Regulation (GDPR) lays out the alternative grounds that would allow a controller or processor to transfer personal data (PD) to a foreign jurisdiction which is not recognised as adequate. One of...
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September 2021 1. Introduction On July 17, 2021, Delhi’s Karkardooma Court Complex (a district court) witnessed a dramatic re-enactment of the iconic “Tareekh pe Tareekh” (literally meaning dates after dates) dialogue from a famous Indian movie.[1] The angry litigant...
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September 2021 On September 23, 2021, the Registrar of Companies (“ROC”) granted an automatic extension of 2 months for holding Annual General Meeting (“AGM”) for Financial Year (“FY”) 2020-21. What is AGM extension: As per section 96 of the...
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