India Compliance Updates
India Compliance Updates
Recent developments in India's compliance landscape include the introduction of new foreign investment rules, company secretary appointments, and disqualification of MLAs.
- The RBI has invited public comments on the draft Foreign Exchange Management Rules, which aim to regulate foreign investment in India.
- Companies like Parsvnath Developers and Scarnose International have made key appointments, with Atul Kumar Gupta resigning as Company Secretary and Compliance Officer of Parsvnath Developers, and Margi Dedaniya being appointed as Compliance Officer of Scarnose International.
- The Supreme Court is set to hear a plea on the disqualification of Goa MLAs who joined the BJP, while the National Aluminium Company has requested a waiver of a fine for non-compliance with SEBI regulations.
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