Telangana Legislative Assemblycorporatelabour
Telangana Advocates Protection Act Now Effective
The Telangana Advocates Protection Act has been enacted, providing legal protections against violence and harassment for advocates.
Jun 2, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Corporate Law News
N/Acorporatetax
Amendments to Companies Act Affecting Corporate Tax Implications
Recent amendments to the Companies Act significantly alter the tax treatment related to penalties, CSR expenditures, and buybacks, necessitating a reevaluation of corporate tax strategies.
Jun 2, 2026Read more →
N/Acorporatetax
Amendments to CSR Rules Allowing New Instruments
The MCA has amended Schedule VII of the Companies Act to include Zero Coupon Zero Principal Instruments in CSR, broadening avenues for social contribution.
Jun 2, 2026Read more →
NCLT Allahabad Benchcorporate
NCLT Approves Reduction of Capital and Conversion to Guarantee Company
The NCLT has ruled to dispense with shareholder meetings for capital reduction and conversion into a company limited by guarantee after confirming unanimous shareholder consent, despite regulatory objections.
Jun 2, 2026Read more →
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 →
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 →