Partner: Shruti Rajan, Counsel: Khyati Goel, Associate: Anugraha Jaising Key Developments 1.Ministry of Finance liberalises Foreign Portfolio Investment under Schedule III of the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 On 12 June 2026, the Ministry of Finance (Department of Economic Affairs) notified the Foreign Exchange Management (Non-Debt Instruments) (Third Amendment) Rules, 2026 (Amendment Rules)… Continue reading Financial Regulatory Quarterly Milestones (April-June 2026)
Partner: Mridul Kumbalath, Counsel: Ganashruthi MU, Associate: Rajat Deepak Kalal Key Developments 1.Karnataka government exempts small residential buildings within Greater Bengaluru Authority limits from Occupancy Certificate requirement On 5 June 2026, the Karnataka government issued a notification (OC Notification),1 providing a one-time exemption from the requirement to obtain an occupancy certificate (OC) for eligible residential… Continue reading Real Estate Quarterly Milestones (April-June 2026)
Partner: Atul Gupta, Senior Associate: Tania Gupta, Associate: Pranay Prakash Nayak Key Developments 1.Bombay High Court rules shared public transport is not a “workplace” under the POSH Act In its 16 June 2026 ruling in Siddhesh Pradeep Satpute v State Bank of India & Ors., the Bombay High Court clarified that only transportation provided by… Continue reading Labour and Employment Quarterly Milestones (April-June 2026)