18 Oct 2019

The Ministry of Commerce and Industry has issued Press Note 4 of 2019 dated 18th September 2019[i] ("Press Note 4") to bring changes to the Foreign Direct Investment (FDI) Policy pertaining to Coal Mining, Manufacturing, Single Brand Retail Trading and Digital Media to attract foreign investment into India, increase productivity and enhance competitiveness. >>

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07 Aug 2019

The looming crisis concerning Non-Banking Financial Companies (NBFC) necessitated some quick action on the part of the government to stabilize the shaking consumer confidence on the shadow banking sector. Although scholars are still confident of the sector’s performance as a whole but delayed disbursement caused by liquidity crunch was seen as a cause of concern that required quick redressal to attain balance.  >>

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22 Apr 2018

It shall be recalled that the Ministry of Corporate Affairs of India (MCA) vide notifications in September 2017 had disqualified many directors and strike off names of many companies from the Register of Registrar of Companies, for failure to file MCA annual returns/annual financial statements, MCA had de-activated the Director Identification Number (DIN) of Directors who were disqualified. Hence, the disqualified Directors were not able to file the overdue annual returns or any other forms with the MCA. Feeling remediless, the disqualified directors of “struck off” companies have again started approaching High Court to seek suitable directions.>>

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