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31 October 2025

Corporate Practice: Quarterly Update 2025 (July - September)

Key Updates under Companies Laws

  • MCA amends the Companies (Restriction on number of layers) Amendment Rules, 2017
  • MCA amends Companies (Corporate Social Responsibility Policy) Rules, 2014
  • MCA amends Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024
  • MCA issues Lot 3 forms FAQs
  • MCA extends the timeline for inviting comments on draft Companies (Meetings of Board and its Powers) Amendment Rules, 2025
  • MCA Amends Form RD-1 for Applications to Regional Director
  • MCA expands scope of Fast-Track Mergers and introduce Key Procedural Reforms

Key Updates under Banking Laws

  • RBI amends Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2025
  • RBI introduces Directions related to Closure of Shipping Bills in the EDPMS – Draft for Feedback
  • RBI relaxes Investment in AIFs by Banks, NBFCs and other regulated entities
  • RBI Allows AD Banks to Open Special Rupee Vostro Accounts Without Prior Approval
  • RBI Permits Investment in Government Securities through Special Rupee Vostro Accounts
  • RBI Issues Reserve Bank of India (Co-Lending Arrangements) Directions, 2025
  • RBI Amends Know Your Customer (KYC) Directions, 2016

Key Updates Under Securities Laws

  • Master Circular for Real Estate Investment Trusts
  • Master Circular for Infrastructure Investment Trusts
  • Master Circular for ESG Rating Providers
  • SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2025
  • SEBI (Real Estate Investment Trusts) (Second Amendment) Regulations, 2025
  • SEBI (Infrastructure Investment Trusts) (Third Amendment) Regulations, 2025
  • SEBI (Delisting of Equity Shares) (Amendment) Regulations, 2025
  • SEBI (Share Based Employee Benefits and Sweat Equity) (Amendment) Regulations, 2025
  • SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2025
  • SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2025
  • SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2025

Key Updates Under Environment Laws

  • Hazardous and Other Wastes (Management and Transboundary Movement) Amendment Rules, 2025
  • Environment Protection (Management of Contaminated Sites) Rules, 2025
  • Amendment to the exemption notification issued under the Water (Prevention and Control of Pollution) Act, 1974
  • Amendment to the exemption notification issued under the Air (Prevention and Control of Pollution) Act, 1981
  • Amendment to the Green Credit Rules, 2023

LKS Corporate Practice: Quarterly Update 2025 (July - September)

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