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

Corporate Law News

Monetary Penalty Imposed on Five Star Business Finance Limited
Reserve Bank of Indiabankingcorporate

Monetary Penalty Imposed on Five Star Business Finance Limited

The RBI has imposed a penalty of ₹6.20 lakh on Five Star Business Finance Limited for non-compliance with KYC regulations.

Jun 20, 2026Read more →
Revised Circular on Lead Bank Scheme Issued by RBI
Reserve Bank of Indiabankingcorporate

Revised Circular on Lead Bank Scheme Issued by RBI

The RBI has finalized and issued a revised circular on the Lead Bank Scheme, incorporating stakeholder feedback received on the draft.

Jun 20, 2026Read more →
RBI Conducts Overnight Variable Rate Repo Auction on June 22, 2026
Reserve Bank of Indiabankingcorporate

RBI Conducts Overnight Variable Rate Repo Auction on June 22, 2026

The RBI will conduct a Variable Rate Repo (VRR) auction on June 22, 2026, with a notified amount of ₹1,25,000 crore for one day.

Jun 20, 2026Read more →
ICAI Denies Exam Data Breach, Confirms Secure Examination Process
N/Acorporate

ICAI Denies Exam Data Breach, Confirms Secure Examination Process

The Institute of Chartered Accountants of India (ICAI) has refuted claims of a data breach concerning exam data, asserting that the portal in question was solely for examiner training.

Jun 20, 2026Read more →
Survey on Foreign Liabilities & Assets of Mutual Fund AMCs in India: FAQs
N/Abankingcorporate

Survey on Foreign Liabilities & Assets of Mutual Fund AMCs in India: FAQs

The RBI requires mutual fund asset management companies to report foreign liabilities and assets annually to enhance Balance of Payments statistics.

Jun 9, 2026Read more →
Annual Survey on Computer Software & ITES Exports: RBI FAQs
N/Abankingcorporate

Annual Survey on Computer Software & ITES Exports: RBI FAQs

The RBI has reiterated the necessity for software and ITES exporters to submit annual surveys based on the previous financial year, outlining key reporting requirements.

Jun 9, 2026Read more →
FAQs on Portfolio Investment Positions by Counterpart Economy – India
N/Abankingcorporate

FAQs on Portfolio Investment Positions by Counterpart Economy – India

The RBI has clarified reporting requirements and procedures for Portfolio Investment Positions, aiming to enhance data quality in cross-border investments.

Jun 9, 2026Read more →
RBI Amends Cross Border Merger Regulations Under FEMA
N/Acorporatebanking

RBI Amends Cross Border Merger Regulations Under FEMA

The RBI has updated the Cross Border Merger Regulations under FEMA, expanding the term 'Competent Authority' to include any authority under the Companies Act, thereby facilitating merger approvals.

Jun 9, 2026Read more →
RBI Proposes Flexibility in Pricing Bulk Deposits
N/Abankingcorporate

RBI Proposes Flexibility in Pricing Bulk Deposits

The RBI has proposed amendments to allow banks greater flexibility in pricing Rupee bulk deposits, inviting public comments by June 20, 2026. Transparency in interest rate disclosures will be maintained.

Jun 9, 2026Read more →
Potential Penalties for DIN Non-Compliance in Statutory Filings
N/Acorporate

Potential Penalties for DIN Non-Compliance in Statutory Filings

The article highlights the mandatory nature of quoting the Director Identification Number (DIN) in statutory filings and the substantial penalties for non-compliance.

Jun 9, 2026Read more →
Governance of Compulsorily Convertible Preference Shares (CCPS)
N/Acorporate

Governance of Compulsorily Convertible Preference Shares (CCPS)

The article discusses the regulations governing Compulsorily Convertible Preference Shares, emphasizing the importance of accurate valuation to comply with statutory requirements.

Jun 9, 2026Read more →
Understanding Authority to Call General Meetings under Companies Act, 2013
N/Acorporate

Understanding Authority to Call General Meetings under Companies Act, 2013

The FAQ reviews which statutory authorities can convene an Extraordinary General Meeting. The insights clarify roles of the Board, requisitionists, directors, and NCLT regarding corporate governance.

Jun 9, 2026Read more →
ICAI Updates UDIN Portal Categories to Streamline Professional Reporting
Institute of Chartered Accountants of Indiacorporate

ICAI Updates UDIN Portal Categories to Streamline Professional Reporting

The ICAI has updated the UDIN portal categories based on recommendations from its Committees and Boards, enhancing digital compliance for Chartered Accountants.

Jun 9, 2026Read more →
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