Plastic ban on 36 major railway stations

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Significant beneficial ownership filings by listed companies – SEBI extends timelines

On 8 February 2019, the Ministry of Corporate Affairs (MCA) released the Companies (Significant Beneficial Owners) Amendment Rules 2019 (New SBO Rules) to revise and amend the Companies (Significant Beneficial Owners) 2018 (Old SBO Rules). As per the New SBO Rules, the first SBO-related filing is due on 12 May 2019. Vide circular No SEBI/HO/CFD/CMD1/CIR/P/2018/0000000149 […]

Licensing structure for defence manufacturing by the MCI

On 1 January 2019, the Ministry of Commerce and Industry (MCI) vide Press Note No.1 of 2019 Series (Press Note 2019) specified the list of defence items under the Industries (Development and Regulation) Act, 1951 (IDRA) and the list of arms and ammunitions requiring license under Form VII of the Arms Act, 1959 (Arms Act), […]

India: Supreme Court upholds NCLAT insolvency judgement ruling

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

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Story-making, compliance, green finance – lessons from Hong Kong’s latest sustainability conference

By Kate Hodson The sustainability agenda is touching every element of industry and commerce, and demanding change at every level from individuals and households, to governments and global institutions. Real changes are taking shape at both ends of the spectrum – from individuals recycling more and shunning single-use plastic, to reform in the international flow […]

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By Olena Kuchynska, Viktoriia Pysmenna OIL & GAS: the PSA tender is announced for the new offshore block On 12 April 2019, the Ukrainian government adopted a decision to hold a public tender to enter into a 50-year production sharing agreement (“PSA”) for the development of the offshore hydrocarbon field known as “Dolphin”. The Dolphin […]

Use of trademarks on signboards in the GCC

By Vanessa Delnaud In the Gulf Cooperation Council (GCC)[1] countries, all traders require a permit in order to be able to display any branding or name on billboards or stores’ signage. This is also true for a distributor/franchisee (“licensee”) opening a store under a licensed brand. They will need to obtain a permit to be […]

Paradigm shift: Recommended changes to Canadian copyright law announced

By James Green, Laurent Massam, Kevin Sartorio On May 15, 2019, Parliament’s Standing Committee on Canadian Heritage released a report entitled Shifting Paradigms containing a set of 22 different and varied recommended amendments to Canada’s Copyright Act. The Committee’s report follows a study of remuneration models for artists and creative industries and the challenges and […]

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O’Melveny down to six partners in London after lawyer exit

O’Melveny & Myers has lost a third City partner in less than a month, with financial regulation lawyer Eve Ellis joining Ropes & Gray. Ellis, who specialises in financial services regulation, first started at O’Melveny in 2007 as counsel in its investment funds group. She has moved back and forth over the last twelve years, […]

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