INFORM: Infrastructure, Projects & Finance – December 2024

Case Laws:

• Supreme Court Orders Liquidation of Jet Airways
• Unilateral Arbitrator Appointment Clauses in PPP Contracts Violate Article 14
• SC Criticizes Unilateral Demolition in Road Widening Case
• Press Release Does Not Qualify as Law
• Bombay High Court Clarifies Treatment of Court Deposits Under IBC
• SC Clarifies Stamp Duty and Registration Requirements for Sale Certificates in Court Auctions

Notifications/Circulars:

• RBI Expands Fully Accessible Route to Include Sovereign Green Bonds
• RBI Issues Operational Framework for Reclassification of FPI Investments as FDI
• SEBI Introduces Key Amendments to REIT and InvIT Regulations: Relaxation for Employee Benefit Trusts, Standardization of Reporting, and Distribution Timeline Alignment
• New Scheme Launched for Monitoring and Removal of Unauthorized Occupations on National Highways
• MoRTH Mandates the Use of Waste Plastic in Bituminous Concrete Wearing Course Mix for NH