N/Acorporate
Amendments to CSR Policy Rules for 2026
MCA has introduced amendments in CSR Policy Rules recognizing new channels for CSR implementation through Social Stock Exchange-listed NPOs.
Jun 4, 2026Read more →
Court News
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
N/Acorporate
CSR Funds and Social Stock Exchange: MCA’s Recent Amendments
New amendments by the MCA allow companies to use a portion of CSR funds through Zero Coupon Zero Principal instruments on the Social Stock Exchange.
Jun 4, 2026Read more →
Madras High Courtcorporate
Madras HC Quashes DRI Show Cause Notice for Lack of Proper Officer
The Madras High Court has ruled that show cause notices issued by officers not designated as 'proper officers' are void. This ruling quashes the DRI's show cause notice, mandating the return of bank guarantees to the petitioner.
Jun 4, 2026Read more →
National Company Law Appellate Tribunalcorporatebanking
Section 95 Application Invalidated Due to Misrepresentation of Borrower
The NCLAT has ruled that a misrepresentation of a borrower as a guarantor invalidates the application under Section 95 of the IBC. This decision mandates that future applications must be supported by valid guarantee documents to proceed.
Jun 4, 2026Read more →
National Company Law Tribunalbankingcorporate
NCLT Admits CIRP Despite Ongoing Settlement Discussions
The NCLT ruled that ongoing settlement discussions cannot impede the initiation of Corporate Insolvency Resolution Process (CIRP) if a default and operational debt are established. This sets a critical precedent confirming that discussions do not negate existing legal claims.
Jun 4, 2026Read more →
National Company Law Appellate Tribunalbankingcorporate
GNIDA’s Claim as Secured Operational Creditor Limited to ₹6.79 Crore: NCLAT Ruling
The NCLAT has ruled that GNIDA's claim as a secured operational creditor cannot exceed ₹6.79 crore, emphasizing the finality of resolution plans under the IBC. This decision highlights that public authorities must adhere to procedural norms and cannot contest settled plans post-judicial determination.
Jun 4, 2026Read more →
Supreme Court of Indiacorporateintellectual_property
Supreme Court Directs Telangana Colleges to Disclaim Links with US University
The Supreme Court has mandated colleges in Telangana using the 'Princeton' name to clarify that they have no association with Princeton University in New Jersey, amid a trademark dispute.
Jun 3, 2026Read more →
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 →
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 →