NFRAcorporateaudit
NFRA Issues SA 570 Guidance on Going Concern Assessments
NFRA released guidance on auditors’ evaluation of going concern under SA 570, covering reporting, CARO 2020, and 35 audit committee questions.
Oct 5, 2026Read more →
Court News
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
NCLATinsolvencycorporate
NCLAT Upholds Forfeiture of EMD in Liquidation Default
NCLAT affirmed forfeiture of earnest money deposit and part payment after a successful liquidation auction bidder failed to complete payment as per terms.
Oct 5, 2026Read more →
NCLT Chandigarhcorporateinsolvency
NCLT Chandigarh Admits CIRP Against SynergyByte for ₹1.06 Cr
NCLT Chandigarh admitted a Section 9 IBC application against SynergyByte for default of ₹1.06 crore in unpaid digital marketing dues, finding no pre-existing dispute.
Oct 5, 2026Read more →
NCLT Bengalurucorporate
NCLT Bengaluru Approves India1 Payments’ Capital Reduction
NCLT Bengaluru confirmed India1 Payments’ selective reduction of share capital under Section 66, permitting partial investor exit subject to regulatory compliance with ROC, RBI, and FEMA.
Oct 5, 2026Read more →
NCLT Mumbaicorporate
NCLT Mumbai Approves Parle’s Composite Demerger Scheme
NCLT Mumbai sanctioned Parle’s composite scheme involving two demergers and an amalgamation, with safeguards for Income Tax Department rights. The structure aims to streamline business operations.
Oct 5, 2026Read more →
NCLT Mumbaicorporate
NCLT Mumbai Sanctions Vidarbha-Adani Power Amalgamation
NCLT Mumbai approved the amalgamation of Vidarbha Industries with Adani Power under Sections 230–232 of the Companies Act, 2013. The scheme preserves tax, stamp duty, and regulatory rights of the parties.
Oct 5, 2026Read more →
Reserve Bank of Indiabankingcorporate
RBI Tightens Shareholding Norms for Small Finance Banks
Amendment Directions, 2026, update the 2025 Master Direction for Small Finance Banks, mandating prior RBI approval for shareholdings of 5% or more. The framework enhances governance and financial stability safeguards.
Oct 5, 2026Read more →
Reserve Bank of Indiabankingcorporate
RBI Amends Shareholding Rules for Local Area Banks
RBI issues Amendment Directions, 2026, updating the framework for acquisition and holding of shares or voting rights in Local Area Banks. Prior approval is required for any stake exceeding 5%, aligning with prudential norms.
Oct 5, 2026Read more →
Securities and Exchange Board of Indiacorporateinfrastructure
Public InvIT Listings Require Holistic Readiness
Successful public InvIT listings demand early assessment of structure, compliance, financial reporting, disclosures, and post-listing governance systems.
Oct 5, 2026Read more →
Securities and Exchange Board of Indiacorporateconsumer
SEBI Mandates Investor Awareness Messages on Broker Platforms
From November 1, 2026, SEBI mandates all stockbrokers to display investor awareness messages and risk disclosures on websites and trading apps under Project Jagrook.
Oct 5, 2026Read more →
Reserve Bank of Indiabankingcorporate
RBI Simplifies Shareholding Approval for Funds
The RBI issued final amendment directions to streamline approval for mutual funds, insurers, and pension funds acquiring major shareholding in banks. The move aims to ease compliance for institutional investors.
Oct 4, 2026Read more →
Reserve Bank of Indiacorporateregulatory
RBI Fraud Tagging Requires Due Process
RBI’s fraud risk framework mandates individual inquiry and natural justice before labelling directors as fraudsters; automatic tagging invalid.
Oct 4, 2026Read more →