AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
This article provides an overview of the regulations surrounding drug licensing in India, a critical component for pharmaceutical operations. It focuses on the necessary steps and legal requirements for obtaining a Drug License.
Forensic accounting is emerging as a vital field for Chartered Accountants, combining various skills to combat financial fraud.
The NCLAT has affirmed that a Resolution Professional can recover corporate debtor’s assets from unauthorized occupants without resorting to a civil suit. This ruling enhances the efficacy of the insolvency resolution process.
The RBI has introduced a US Dollar-Rupee swap facility for External Commercial Borrowings to enhance liquidity for businesses seeking foreign capital.
Dentons Link Legal has facilitated Ace Aviation in acquiring Jet Airways' Boeing 777-300ER aircraft for ₹568 crore. This acquisition marks a significant transaction for the aviation sector.
NSE clarifies that regulatory exemptions under Section 31 of the IBC do not apply to plans approved under Section 54L of the PPIRP framework. Compliance with SEBI norms remains mandatory.
SEBI issues a new Master Circular consolidating all Alternative Investment Fund (AIF) regulations into a single framework. This change aims to streamline compliance processes for investment managers.
A comprehensive guide outlining the process for settling technical FCRA violations through compounding, detailing eligibility, penalties, and necessary documentation.
The IBBI has disciplined an insolvency professional with a penalty for continuing assignments without a valid Authorisation for Assignment (AFA), underscoring the critical nature of compliance in insolvency practice.
The introduction of new labor codes presents significant changes in wage definitions and statutory liabilities, necessitating a review of compliance frameworks for Chartered Accountants.
The Calcutta High Court granted an injunction based on TDS records recognizing a loan relationship between the parties, thereby emphasizing the importance of tax documentation in establishing legal relationships.
The Delhi High Court denied a writ petition as the Corporate Insolvency Resolution Process (CIRP) was centered outside its jurisdiction. This ruling reinforces territorial limits in bankruptcy-related proceedings.
The NCLT has admitted a corporate insolvency resolution process (CIRP) against a Corporate Debtor, finding adequate evidence of operational debt, default, and acknowledgment of liability.