N/Acorporate
Recent MCA Amendments on CSR Policy Rules
The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2026 now validate investments in social stock exchange instruments as a valid CSR channel.
Jun 3, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Corporate Law News
NCLT Allahabad Benchcorporate
NCLT Approves Shares-to-Guarantee Conversion Amidst Objections
The NCLT Allahabad Bench has ruled in favor of a company's request to convert shares into guarantees, bypassing traditional shareholder meetings due to unanimous consent.
Jun 3, 2026Read more →
Registrar of Companiescorporate
ROC Imposes Penalty for Incorrect Attachment in AOC-4 Filing
The Registrar of Companies has imposed penalties for submitting an incorrect document with Form AOC-4. The ruling emphasizes the importance of compliance with statutory requirements even after requests for rectification.
Jun 3, 2026Read more →
NCLATcorporateinsolvency
NCLAT Rules Against Undisclosed Related Party MoUs During CIRP
The NCLAT has ruled that undisclosed related-party agreements cannot justify the continued occupation of a corporate debtor’s property during CIRP.
Jun 3, 2026Read more →
NCLATcorporateinsolvency
NCLAT Affirms RP's Authority to Reclaim Corporate Debtor’s Assets
The NCLAT has clarified that Resolution Professionals can secure possession of corporate assets without needing to file separate eviction suits during the CIRP.
Jun 3, 2026Read more →
NCLTcorporateinsolvency
NCLT Rules SARFAESI Action Does Not Bar IBC Proceedings
The NCLT has accepted an insolvency application for ₹1.96 crore, stating that SARFAESI actions by secured creditors do not hinder CIRP where operational debts are present.
Jun 3, 2026Read more →
NCLT Kolkatacorporateinsolvency
NCLT Upholds IBC Revival Despite Pending Winding-Up Proceedings
The NCLT Kolkata has admitted SBI's insolvency plea against Martina Bio Genics, ruling that ongoing winding-up proceedings cannot obstruct the revival process under the Insolvency and Bankruptcy Code (IBC).
Jun 3, 2026Read more →
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 →
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 →