Home » Legalaxy » Legalaxy – Monthly Newsletter Series – Vol XI – April, 2024

DISCLAIMER: The material contained in this publication is solely for information and general guidance and not for advertising or soliciting. The information provided does not constitute professional advice that may be required before acting on any matter. While every care has been taken in the preparation of this publication to ensure its accuracy, Vaish Associates Advocates neither assumes responsibility for any errors, which despite all precautions, may be found herein nor accepts any liability, and disclaims all responsibility, for any kind of loss or damage of any kind arising on account of anyone acting/ refraining to act by placing reliance upon the information contained in this publication.

In the April edition of our monthly newsletter “Legalaxy“, our team analyses some of the key developments in securities market, banking and finance, intellectual property rights, pharmaceuticals, information technology, heavy industries, insurance and environment.

Below are the key highlights of the newsletter:

  • SEBI relaxes additional disclosures by FPIs fulfilling certain objective criteria
  • SEBI allows introduction of beta version of T+0 rolling settlement cycle in equity cash market
  • SEBI issues safeguards addressing concerns of investors on transfer of securities in dematerialized mode
  • RBI amends the master direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022
  • Ministry Of Finance amends The Foreign Exchange Management (Non-Debt Instruments) Rules, 2019
  • The Patents (Amendment) Rules, 2024 – Notified
  • The Patents (Second Amendment) Rules, 2024 – Notified
  • Cinematograph (Certification) Rules, 2024 – Notified
  • Department Of Pharmaceuticals issues the Uniform Code for Pharmaceutical Marketing Practices, 2024
  • Advisory on prohibition of advertising, promotion, and endorsement of unlawful activities
  • MeitY issues advisory for the intermediaries and ai platforms to undertake due-diligence obligations under the IT Rules, 2021
  • Ministry of Heavy Industries provides a boost to manufacturing of electric passenger cars in India
  • IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) Regulations, 2024 – Notified
  • IRDAI (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024 – Notified
  • Ministry of Environment, Forest and Climate Change notifies the E-Waste (Management) Amendment Rules, 2024
  • Hazardous and Other Wastes (Management and Transboundary Movement) Amendment Rules, 2024 – Notified
  • Plastic Waste Management (Amendment) Rules, 2024 – Notified
  • Battery Waste Management Rules – Notified
  • Maharashtra Stamp Duty Amnesty Scheme, 2023 – Timelines extended
  • Home Ministry gives charge to Indian Cyber Crime Coordination Centre to pass orders to remove data under The Information Technology Act, 2000

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

Please feel free to contact us at [email protected]

DOWNLOAD NEWSLETTER