AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
This article outlines the legal framework governing the buyback of shares, detailing procedural requirements, statutory compliances, and the conditions under which buybacks are permissible.
This article details conditions under which private companies may utilize MCA exemptions for borrowing, focusing on approval thresholds and scenarios requiring shareholder consent.
The article provides insights into the approval process required for related party transactions under the Companies Act and SEBI regulations, outlining a practical framework for compliance.
Recent NCLT decisions indicate that procedural rules should not impede the conversion of a share capital company into a guarantee company under Section 18, where substantive provisions permit such changes.
This article delves into the importance of founder agreements in venture-backed companies, focusing on equity allocation, management roles, and exit strategies. It emphasizes their critical role in reducing disputes and ensuring stable governance.
A recent discussion emphasizes the necessity for CA students to revisit their professional conduct code, not merely as a requirement but as a crucial aspect of their future professional integrity.
The NCLAT confirmed that the remuneration for Interim Resolution Professionals (IRP) should be based on actual work, rather than just the duration of appointment. This reinforces the importance of performance-based remuneration in insolvency proceedings.
The Reserve Bank of India has published data on India's international trade in services for March 2026, highlighting significant trends in exports and imports.
The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a ₹1 crore fine on Nissan Renault for non-compliance with MISP guidelines regarding distribution fee disclosures. The regulatory body found agreements lacking transparency, undermining contractual clarity.
The Kerala High Court ruled that a partner cannot claim a deduction under Section 36(1)(iii) for loans invested as capital in a firm if they do not have independent business operations. The ruling clarifies the application of borrowing costs in partnership scenarios.
The Institute of Chartered Accountants of India (ICAI) has announced the empanelment of observers for the September and November 2026 CA examinations. This initiative aims to ensure examination integrity and procedural oversight across examination centres.
SEBI has clarified that clients under Non-Discretionary Portfolio Management Services (PMS) may pledge securities for personal borrowing without violating regulations, highlighting client autonomy.
SEBI has revised the Monthly Cumulative Report format for mutual funds, effective June 2026, to reflect new scheme categories. This change aims to improve reporting standards in the industry.