Home » Legalaxy » Legalaxy – Monthly Newsletter Series – Vol IX – February, 2024

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In the February edition of our monthly newsletter “Legalaxy”, our team analyses some of the key developments in securities market, banking and finance, pharmaceuticals, labour, mining, power, and renewable energy.

Below are the key highlights of the newsletter:

  • SEBI introduces guidelines for AIFs on holding investments in dematerialised form and custodian appointments
  • SEBI supersedes framework for short selling
  • SEBI’S continuous endeavour for ease of doing investment by investor – facility of voluntary freezing/blocking of trading accounts by clients
  • SEBI further extends the deadline for implementation of the LODR amendment – response to market rumours
  • Rules enabling certain public companies to list their equity shares directly on international bourses
  • RBI issues master directions on commercial papers and NCDs
  • RBI notifies comprehensive guidelines on measures covering classification of accounts and deposits as inoperative accounts and unclaimed deposits
  • RBI notifies the credit investment concentration norms for NBFCS
  • Pharmaceutical products receive new good manufacturing practices
  • Karnataka Government notifies the Karnataka Compulsory Gratuity Insurance Rules, 2024
  • Mineral (Auction) Amendment Rules, 2024: an aid to the mineral auction
  • Mineral Conservation and Development (Amendment) Rules, 2024: ease in mineral exploration and extraction
  • CDSCO streamlines medical devices approval through NSWS
  • Electricity (Amendment) Rules, 2024 notified by Ministry of Power
  • Central Government notifies April 1, 2024 as the date for enforcement of Biological Diversity (Amendment) Act, 2023
  • Ministry of New and Renewable Energy notified modes for implementation of incentive scheme for green hydrogen production
  • Maharashtra Government increases muscle power of the city civil court
  • Maharashtra Stamp Duty Amnesty Scheme, 2023 – timelines extended
  • Ministry of Education notifies the accessibility code for educational institutions

We hope you like our publication. We look forward to your suggestions.

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