ICAIcorporate
ICAI Releases Updated Code of Ethics Effective April 2026
The ICAI has announced its revised Code of Ethics, comprising three volumes, which will come into effect from April 1, 2026.
Jun 2, 2026Read more →
Court News
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
National Company Law Tribunalcorporateinsolvency
NCLT Confirms Liability of Corporate Guarantor despite Pending Actions against Borrower
In a significant ruling, the NCLT has stated that a corporate guarantor cannot avoid Corporate Insolvency Resolution Process (CIRP) obligations even if there are parallel proceedings against the principal borrower. This decision reinforces the co-extensive liability of guarantors under the IBC.
Jun 2, 2026Read more →
National Company Law Tribunalcorporateinsolvency
Limitation Period for Corporate Guarantor Starts from Guarantee Invocation: NCLT
The NCLT has clarified that the limitation period for invoking Corporate Insolvency Resolution Process (CIRP) against a corporate guarantor begins with the invocation of the guarantee, not from the classification as a Non-Performing Asset (NPA). This ruling is pivotal for creditors in managing timelines for claims against guarantors.
Jun 2, 2026Read more →
bankingcorporate
RBI Conducts 3-Day Variable Rate Repo Auction On June 02, 2026
The RBI held a Variable Rate Repo auction with a notified amount of ₹75,000 crore. A total of ₹17,445 crore was allotted at a cut-off rate of 5.26%, showcasing ongoing liquidity management efforts.
Jun 2, 2026Read more →
N/Acorporatefinancial
SEBI LODR Website Disclosure Rules Every Listed Company Must Know
A comprehensive guide for listed companies on mandatory website disclosure requirements under SEBI's LODR Regulations.
Jun 1, 2026Read more →
Supreme Court of Indiacorporate
SC Upholds Hash Value Requirement for Electronic Evidence
The Supreme Court has upheld the requirement of disclosing hash values for electronic evidence, emphasizing their role in ensuring authenticity and integrity under the Bharatiya Sakshya Adhiniyam.
Jun 1, 2026Read more →
NCLTcorporatebanking
Corporate Guarantor Cannot Escape CIRP Amidst Parallel Proceedings
The NCLT has ruled that corporate guarantors cannot evade the Corporate Insolvency Resolution Process (CIRP) even when there are ongoing proceedings against the principal borrower. This emphasizes the legal liabilities of corporate guarantors under the Insolvency and Bankruptcy Code (IBC).
Jun 1, 2026Read more →
Reserve Bank of Indiacorporate
RBI Launches Survey on IT and Software Exports for 2025-26
The RBI has commenced its annual survey on computer software and IT services exports for 2025-26, aiming to gather critical data on the sector's performance. This survey will support the compilation of India's external sector statistics.
Jun 1, 2026Read more →
Reserve Bank of Indiacorporate
RBI Launches Survey on Foreign Liabilities and Assets of Mutual Funds for 2025-26
The Reserve Bank of India has initiated its annual survey to gather data on the foreign liabilities and assets of mutual funds for the financial year 2025-26. This data collection will aid in India’s external sector statistics compilation.
Jun 1, 2026Read more →
Delhi High Courtcorporatetax
Delhi HC Rules Turnover Disparity Affects TP Analysis Comparisons
The Delhi HC ruled that a company's ₹86 lakh ITeS turnover cannot be compared with American Express's ₹782 crore turnover for transfer pricing analysis due to the significant scale differences. This ruling impacts how companies approach transfer pricing assessments in India.
May 31, 2026Read more →
corporate
Companies (Corporate Social Responsibility Policy) Amendment Rules, 2026
MCA's amendment recognizes zero coupon zero principal instruments issued by NPOs on the Social Stock Exchange as valid for CSR, creating new funding opportunities while ensuring fund utilization safeguards.
May 31, 2026Read more →
corporate
MCA Expands CSR Scope by Allowing Investment in Social Stock Exchange Instruments
The Ministry of Corporate Affairs (MCA) has expanded the eligibility criteria for Corporate Social Responsibility activities to include investments in Zero Coupon Zero Principal Instruments, thereby promoting funding through Social Stock Exchanges.
May 31, 2026Read more →