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Corporate & Commercial

01 March 2021
Neetika Ahuja Key changes under Foreign Contribution (Regulation) Amendment Act

India - Clasis Law

The central government recently notified the Foreign Contribution (Regulation) Amendment Act. The amendment act aims to strengthen organisations' compliance mechanisms, enhance transparency and accountability in the use of foreign contributions and prevent the misuse of funds received from foreign contributions by certain organisations and instead promote the use of such funds by genuine non-governmental organisations which are working to improve the welfare of society.

Authors: Neetika Ahuja, Tanuja Kaushik
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Guillermo Donadeu Free-will principle in compulsory transfer of shares in limited liability companies

Spain - CMS Albiñana & Suárez de Lezo

In several decisions, the Department of Legal Affairs has outlined the limits of the free-will principle for shareholders when setting the procedure and requirements for the preferential rights for purchasing shares in attachment cases. In a recent case concerning a bylaw relating to the applicable regime for transfers arising from the seizure of a company's shares, the department's decision allows for reflection on the true scope of the free-will principle for shareholders with respect to the compulsory transfer of shares.

Author: Guillermo Donadeu
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Sebastian Hepp New gender quotas for publicly listed companies and transparency rules for commodity sector enter into force

Switzerland - Badertscher Attorneys at Law

On 1 January 2021, as part of the new corporate governance regulations, the new provisions regarding gender quotas and transparency rules for the commodity sector entered into force. Consequently, listed companies should elect more women to boards of directors and executive boards and stricter transparency rules will apply to commodity companies.

Authors: Sebastian Hepp, Markus Dörig
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Recent updates

Kaan Demir Restrictions on bearer shares to counter financing of terrorism

Turkey - Kayum & Demir

Author: Kaan Demir
Stella Koukounis Register of beneficial owners: information available subject to request

Cyprus - Solsidus Law

Author: Stella Koukounis
Neetika Ahuja Key takeaways from Companies (Amendment) Act

India - Clasis Law

Authors: Neetika Ahuja, Sweta Sinha
Eugenio Vaccari Capital loss coverage postponed until 2025

Italy - Grieco e Associati

Author: Eugenio Vaccari

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