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Legal News & Insights

AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.

Corporate Law News

Auditor Reappointment Triggers ₹15 Lakh Compounding Fee
Ministry of Corporate Affairscorporate

Auditor Reappointment Triggers ₹15 Lakh Compounding Fee

MCA imposes ₹15 lakh compounding fee on Shree Renuka Sugars for violating auditor tenure and rotation rules under Section 139.

Oct 1, 2026Read more →
NCLT Sanctions Mawana Foods-Sugars Merger
National Company Law Tribunal, Delhicorporatetax

NCLT Sanctions Mawana Foods-Sugars Merger

NCLT approves amalgamation of Mawana Foods with Mawana Sugars effective April 1, 2026, preserving tax and regulatory benefits.

Oct 1, 2026Read more →
No Buy-Out for Non-Oppressive Shareholder Disputes
National Company Law Tribunal, Ahmed penalcorporatefamily

No Buy-Out for Non-Oppressive Shareholder Disputes

NCLT Ahmedabad dismisses oppression plea, citing insufficient grounds for compulsory share purchase despite inter-shareholder conflict.

Oct 1, 2026Read more →
RoC to Reconsider DIR-12 Filing: NCLT Ahmedabad
National Company Law Tribunal, Ahmedabadcorporate

RoC to Reconsider DIR-12 Filing: NCLT Ahmedabad

NCLT Ahmedabad directs RoC to re-examine disputed DIR-12 filing under Rule 11; refuses immediate removal of directors.

Oct 1, 2026Read more →
NCLAT Reduces Restoration Cost to ₹5 Lakh as Disproportionate
National Company Law Appellate Tribunalcorporateinsolvency

NCLAT Reduces Restoration Cost to ₹5 Lakh as Disproportionate

NCLAT upheld the restoration of Ganton Projects but reduced the ₹10 lakh cost imposed to ₹5 lakh, holding the original amount to be disproportionate under Rule 87A of the Companies Rules.

Oct 1, 2026Read more →
RBI Tightens Investment Norms for Small Finance Banks
Reserve Bank of Indiabankingregulatory

RBI Tightens Investment Norms for Small Finance Banks

RBI amends investment portfolio rules for Small Finance Banks to ensure uniform valuation and risk management standards.

Oct 1, 2026Read more →
RBI Amends Investment Rules for Financial Institutions
Reserve Bank of Indiabankingregulatory

RBI Amends Investment Rules for Financial Institutions

RBI amends investment portfolio rules for All India Financial Institutions. Focuses on classification and valuation clarity.

Oct 1, 2026Read more →
FEMA Export-Import Regulations Amended for 2026
Reserve Bank of Indiabankingcorporate

FEMA Export-Import Regulations Amended for 2026

RBI amends FEMA export-import rules to ease compliance and reflect trade developments. Key changes in documentation and reporting timelines.

Oct 1, 2026Read more →
Karnataka HC Stays Probe Against Cult.fit Co-Founder
Karnataka High Courtcriminalcorporate

Karnataka HC Stays Probe Against Cult.fit Co-Founder

The Karnataka High Court has temporarily stayed investigation into criminal proceedings against Rishabh Telang, co-founder of Cult.fit, involving allegations of cheating, forgery, and criminal breach of trust.

Sep 30, 2026Read more →
Non-Connected Person Can Be Insider Under SEBI PIT Rules
Securities and Exchange Board of Indiasecuritiescorporate

Non-Connected Person Can Be Insider Under SEBI PIT Rules

SEBI clarifies that a person need not be 'connected' to qualify as an insider if they possess or access UPSI under the Prohibition of Insider Trading Regulations.

Sep 30, 2026Read more →
SEBI Issues New Master Circular for Debenture Trustees
Securities and Exchange Board of Indiacorporatebanking

SEBI Issues New Master Circular for Debenture Trustees

SEBI has issued a consolidated Master Circular for Debenture Trustees effective 28 September 2026, replacing the August 2025 circular. The update streamlines compliance and incorporates recent regulatory changes.

Sep 30, 2026Read more →
RBI Finalises OTC Derivatives Novation Framework
Not Applicablebankingfinancial_regulation

RBI Finalises OTC Derivatives Novation Framework

The RBI has finalised the regulatory framework for novation of over-the-counter (OTC) derivative contracts, based on stakeholder feedback, enhancing risk management and settlement efficiency in financial markets.

Sep 30, 2026Read more →
RBI Amends Investment Portfolio Rules for Banks
Not Applicablebankingcorporate

RBI Amends Investment Portfolio Rules for Banks

The RBI has issued a series of amendment directions in 2026 to refine the classification, valuation, and operation of investment portfolios across commercial, small finance, payments, local area, and all India financial institutions.

Sep 30, 2026Read more →
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