Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SEBI confirmed that renewable energy projects awarded through competitive bidding qualify as Public-Private Partnership (PPP) projects under InvIT regulations, emphasizing compliance with risk allocation standards.
SEBI proposed amendments to the framework for calculating Net Distributable Cash Flows (NDCF) for InvITs, incorporating enhanced safeguards and unitholder approval.
The NSE clarified that regulatory exemptions applicable to IBC Section 31 resolution plans do not extend to plans approved under Section 54L in the PPIRP framework, necessitating compliance with SEBI requirements.
SEBI has released a new Master Circular consolidating all previously issued AIF-related circulars into a unified compliance framework, enhancing regulatory clarity for Alternate Investment Funds.
A guide outlines the full FCRA registration process and mandates for NGOs engaging in foreign contributions, emphasizing the importance of documentation to prevent delays.
The Karnataka High Court has accepted a mediation settlement resolving a long-standing land acquisition dispute, thus promoting the use of alternative dispute resolution mechanisms in such cases.
The Delhi High Court has ruled that plaintiffs can receive a full court fee refund when withdrawing a civil suit after accepting an insolvency resolution plan, recognizing it as a settlement.
The Karnataka High Court has responded critically to a claim over police quarters land in Bengaluru, questioning the validity of individual ownership against public property. The ruling emphasizes the importance of safeguarding public assets.
NCLT allows the conversion of shares into a guarantee company, bypassing regulatory objections due to shareholder consent.
This article explains how founder agreements delineate equity distribution, management roles, and dispute resolution mechanisms in venture-backed startups.
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.
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.