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Newsletter

Stay informed and up-to-date with the latest news and insights related to compliance

ricago Newsletter November Edition - 2024

Corporate Laws

RBI SUBMISSION OF INFORMATION TO CREDIT INFORMATION COMPANIES (CICS) BY ARCS

The Reserve Bank of India (RBI) issued updated guidelines for Asset Reconstruction Companies (ARCs) regarding the submission of borrower information to Credit Information Companies (CICs).

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Corporate Laws

SEBI CIRCULAR REGARDING MONITORING OF POSITION LIMITS FOR EQUITY DERIVATIVE SEGMENT

On October 15, 2024, the Securities and Exchange Board of India (SEBI) issued a circular introducing significant changes to the position limits and monitoring framework for the equity derivatives segment.

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Judicial Insight

MADHYA PRADESH HC CLARIFIES BURDEN OF PROOF IN EMPLOYMENT CASES: EMPLOYERS MUST DISPROVE WORKER’S CONTINUOUS SERVICE CLAIM

Madhya Pradesh HC Clarifies Burden Of Proof in Employment Cases: Employers Must Disprove Worker’s Continuous Service Claim

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Labour Laws

EPFO CIRCULAR REGARDING UTILIZATION OF RESERVES AND SURPLUS FOR CREDITING INTERESTS TO THE EXISTING TRUST BENEFICIARIES

The Employees’ Provident Fund Organisation (EPFO) has issued a new circular (No. E.III/10(122)/2024/Circular/Exemption/435) addressing the utilization of reserves and surplus by exempted establishments.

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