UPDATES
Greenwashing: SEBI February 3 Circular
SEBI has on February 3, 2023 issued a circular on “Dos and Don’ts Relating to Green Debt Securities to avoid occurrences of greenwashing”...
RBI Guidelines on Digital Lending
The Reserve Bank of India (“RBI”) has recently released ‘Guidelines on Digital Lending’ vide notification bearing reference number...
SEBI Order on Titan - Our analysis
SEBI, on 24 August 2022, imposed fines of INR 1,00,000 each on 8 individuals for violation of insider trading norms (pertaining to...
SEBI Additional Guidelines on Overseas Investment by an AIF/VCF
As per Regulation 12(ba) of the erstwhile Venture Capital Securities and Exchange Board of India (“SEBI”) (Venture Capital Funds)...
Corporate Governance: Mandatory Policies
A company incorporated under the Companies Act, 2013 is required to mandatorily formulate policies, procedures and mechanisms...
ESG Norms for Listed Companies
Introduction Since the last decade, there have been efforts from the Government of India to increase focus on making businesses...
Key Managerial Personnel: Playbook
The key managerial personnel (“KMP”) are the executive management of a company. This playbook will discuss the conditions and...
Buyback of Securities: A Listed Company Perspective
Upon the introduction of the dividend distribution tax, companies in India have started utilizing the process of buyback of shares for...
Simplifying External Commercial Borrowings
The Reserve Bank of India (“RBI”) circulated Master Directions on External Commercial Borrowings, Trade Credits and Structured...
Verist Law on listed market-linked debentures of Northern Arc and Oxyzo Financial
Verist Law advised on listed market-linked debentures of Oxyzo Financial. Oxyzo is a NBFC that has turned unicorn this year. Its name...
Playbook - CERT Cyber Security Directions
The Indian Computer Emergency Response Team (“CERT-In”) issued some directions related to cyber security on April 28, 2022 (“CERT...
Promoter's Reclassification
The Promoter generally is subjected to various disclosures by regulations of the Securities and Exchange Board of India (“SEBI”)....
Related Party Transactions Playbook
A company enters into many contracts with various parties for purposes like sale, purchase of good, availing or rendering of services or...
ESOPs: The Legal angle
What is Employees’ Stock Option? It is an option given to the directors, officers or employees of a company or of its holding...
Verist Law signs an MoU with the Entrepreneurship Cell of IIT Kharagpur
Verist Law has signed an MoU with Entrepreneurship Cell (E-Cell) of IIT Kharagpur for the conduction of Empressio 2021. This involves...
Update: Issuance of convertible notes by start-up companies in India
Introduction In recent times, convertible notes have become a popular instrument of fund-raising for start-up companies, particularly at...