Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SEBI proposed amendments to the framework for calculating Net Distributable Cash Flows (NDCF) for InvITs, incorporating enhanced safeguards and unitholder approval.
The NSE clarified that regulatory exemptions applicable to IBC Section 31 resolution plans do not extend to plans approved under Section 54L in the PPIRP framework, necessitating compliance with SEBI requirements.
SEBI has released a new Master Circular consolidating all previously issued AIF-related circulars into a unified compliance framework, enhancing regulatory clarity for Alternate Investment Funds.
A guide outlines the full FCRA registration process and mandates for NGOs engaging in foreign contributions, emphasizing the importance of documentation to prevent delays.
NCLT allows the conversion of shares into a guarantee company, bypassing regulatory objections due to shareholder consent.
This article explains how founder agreements delineate equity distribution, management roles, and dispute resolution mechanisms in venture-backed startups.
The revised DIN KYC rules now require compliance only once every third fiscal year. Directors are still responsible for reporting any changes to contact or address details within 30 days.
ICAI mandates that a new chartered accountant must not accept an audit assignment if fees are outstanding to any existing auditor, aiming at promoting healthy competition.
The Delhi High Court dismissed a writ petition against the IBBI, asserting it could not assume jurisdiction due to the underlying CIRP being processed in NCLT Bengaluru.
The DGFT has widened the Quality Control Order (QCO) exemption for SEZ imports to all permissible goods, introducing a new compliance requirement for goods entering the domestic market.
The DGFT has tightened its silver import policy, mandating valid import authorization for nominated agencies and IIBX jewellers. This change enhances regulatory compliance in silver imports.
The NCLT admitted insolvency proceedings, concluding that ongoing settlement talks do not negate the need for Corporate Insolvency Resolution Process (CIRP) if an operational debt and default are established.