December 2010
Sectoral Regulators in clash with Competition Commission of India.
India has always been one of the best performers in the world economy post economic reform phase of liberalization and globalization. For its continuous development, India has led numerous steps, one of which is enactment of new laws such as Competition Act 2002.
November 2010
A comment on what constitutes 'control' under the Securities and Exchange Board of India Regulations, 1997.
The principal regulatory regime governing substantial acquisition of shares or voting rights of a listed company or a potential takeover of control of a listed company is laid down by the Securities and Exchange Board of India (“SEBI”) in the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers)
Regulations, 1997 (“SAST Regulations”).
October 2010
BRANCH OFFICES OF FOREIGN ENTITIES IN INDIA - AN OVERVIEW
Companies incorporated outside India and engaged in manufacturing or trading activities are allowed to set up Branch Offices in India after obtaining specific approval of the Reserve Bank of India.
Partnership or proprietary concerns set up abroad are not allowed to set up Branch Offices in India.
September 2010
Infolex News alert
Agreements restricting transfer of shares of a public limited company held to be valid says Division Bench of Bombay High Court
September 2010
LICENSES TO NEW BANKS IN THE PRIVATE SECTOR
The Reserve Bank is considering providing licences to a limited number of new banks to promote financial inclusion, to foster greater competition, thereby reduce costs and improve the quality of service.
Keeping in view its past approaches, international experience, costs and benefits of increasing the number of new banks the RBI has mulled on various parameters
August 2010
FOREIGN DIRECT INVESTMENT IN WATER: AN ELUSIVE POT
WATER SECTOR – AN OVERVIEW : In the world of business and investment, it's often said that the biggest opportunities exist in sectors facing the biggest challenges. If this holds true, the water and water infrastructure sector holds immense potential as an investment and business
theme for the long-term.