National Company Law Tribunalcorporate
NCLT Ruling on Shares-to-Guarantee Conversion
NCLT allows the conversion of shares into a guarantee company, bypassing regulatory objections due to shareholder consent.
Jun 5, 2026Read more →
Court News
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Company Law Boardcorporate
Role of Founder Agreements in Venture-Backed Companies
This article explains how founder agreements delineate equity distribution, management roles, and dispute resolution mechanisms in venture-backed startups.
Jun 5, 2026Read more →
Ministry of Corporate Affairscorporate
DIR-3 KYC Compliance Simplified for Directors
The revised DIN KYC rules now require compliance only once every third fiscal year. Directors are still responsible for reporting any changes to contact or address details within 30 days.
Jun 5, 2026Read more →
N/Acorporate
New CA Cannot Accept Audit Assignment With Unpaid Fees Elsewhere
ICAI mandates that a new chartered accountant must not accept an audit assignment if fees are outstanding to any existing auditor, aiming at promoting healthy competition.
Jun 5, 2026Read more →
Madras High Courttax
Madras HC Overturns Hypertechnical Rejection of ITR Filing
The Madras High Court has set aside a hypertechnical rejection of belated Income Tax Returns filed by a Cooperative Society, emphasizing the need for reasonable consideration.
Jun 5, 2026Read more →
Delhi High Courtcorporate
Delhi HC Declines Jurisdiction Over IBBI Case Amid CIRP
The Delhi High Court dismissed a writ petition against the IBBI, asserting it could not assume jurisdiction due to the underlying CIRP being processed in NCLT Bengaluru.
Jun 5, 2026Read more →
N/Acorporate
DGFT Expands QCO Exemption for SEZ Imports
The DGFT has widened the Quality Control Order (QCO) exemption for SEZ imports to all permissible goods, introducing a new compliance requirement for goods entering the domestic market.
Jun 5, 2026Read more →
N/Acorporate
DGFT Mandates Import Authorisation for Silver Imports
The DGFT has tightened its silver import policy, mandating valid import authorization for nominated agencies and IIBX jewellers. This change enhances regulatory compliance in silver imports.
Jun 5, 2026Read more →
NCLTcorporatebanking
Settlement Discussions Cannot Defeat CIRP If No Pre-Existing Dispute
The NCLT admitted insolvency proceedings, concluding that ongoing settlement talks do not negate the need for Corporate Insolvency Resolution Process (CIRP) if an operational debt and default are established.
Jun 5, 2026Read more →
Reserve Bank of Indiabanking
RBI Updates Responsible Business Conduct for Regional Rural Banks
The Reserve Bank of India has amended the Responsible Business Conduct guidelines for Regional Rural Banks to enhance accountability and ethical standards.
Jun 5, 2026Read more →
Reserve Bank of Indiabanking
New RBI Directions for Pension Disbursement by Agency Banks
The Reserve Bank of India has established new guidelines for the disbursement of government pensions by Agency Banks, emphasizing compliance and better management. These guidelines are aimed at improving the pension distribution process.
Jun 5, 2026Read more →
Reserve Bank of Indiabanking
RBI Issues Directions on Agency Banks' Government Business Conduct
The Reserve Bank of India has released directions on the conduct of Government Business by Agency Banks, outlining the payment of agency commissions and oversight processes. These directions aim to streamline banking operations related to government financial transactions.
Jun 5, 2026Read more →