Other Briefings
India’s Parliament Begins its Monsoon Session: Here’s What to Expect
India’s parliament began its Monsoon Session on July 18 to disrupted proceedings as the Modi government looks to implement a packed legislative agenda.
KYC Update Mandatory for Company Directors in India
The Companies (Appointment and Qualification of Directors) Fourth Amendment Rules, 2018 require those with a DIN to complete their KYC before August 31.
Foreign Investment Reporting Compliance in India
All companies in India, including LLPs and startups, have to report the total foreign investments made into their respective entities by July 12 as per notification by the Reserve Bank of India.
Obtaining Environmental Approvals in India
India has eased the process of obtaining environmental approvals but companies should follow best practices during operations to manage risk exposure.
Independent Director Qualifications in India
Company law in India requires that independent directors do not have a pecuniary interest in the firm. The additional qualification was reinforced through an amendment on May 7, 2018.
Internal Controls, Anti-Fraud Strategies for Companies in India
Why companies need to implement internal control mechanisms to prevent, detect, and deter potential fraud by employees, vendors, consultants, or management.
India Amends Insolvency and Bankruptcy Code
In June, India introduced fresh amendments to the 2016 Insolvency and Bankruptcy Code to quicken the resolution process.
RBI Relaxes Loan Repayment Deadline for MSMEs, Opens up Lending Limits
The RBI has extended the loan repayment window for MSMEs registered under GST for dues from September 2017 to January 2018 in an effort to relieve liquidity stress and reduce NPAs in the banking system.
