SEBIiposecurities
DRHP: IPO Disclosure and Auditor’s Role
The Draft Red Herring Prospectus (DRHP) is central to IPO compliance, detailing risks, financials, and management plans, with auditors certifying financial statements.
Sep 27, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Latest Articles
SEBIsecuritiesinvit
Investment Manager as Holding Co of SPV: InvIT Case
SEBI examines whether an InvIT's Investment Manager, through director appointment powers, becomes a holding company of SPVs, triggering consolidation and disclosure requirements.
Sep 27, 2026Read more →
SEBIcybercompliance
Company Secretary’s Role in DPDP & Cybersecurity
Company Secretaries now play key roles in DPDP Act compliance, cybersecurity incident reporting, and Board-level oversight under SEBI LODR.
Sep 27, 2026Read more →
SEBIsecuritiescorporate
SEBI SAST Open Offer Triggers Explained
SEBI SAST regulations require open offers upon acquisition of 25% voting rights, creeping acquisition beyond 5%, or change in control, with strict pricing and disclosure norms.
Sep 27, 2026Read more →
SEBIsecuritiescompliance
SEBI Extends Samuhik Prativedan Manch to Clearing Members
SEBI extends unified reporting platform SPM to clearing members, consolidating 14 reports from September 30, 2026, to eliminate duplication and streamline compliance.
Sep 27, 2026Read more →
SEBIsecuritiesipo
SEBI Proposes Pre-Open Auction Price Discovery Reforms
SEBI proposes to refine base price and dummy band mechanisms in pre-open sessions for IPOs and relisted stocks to improve price discovery and reduce manipulation risks.
Sep 27, 2026Read more →
Securities Appellate Tribunalsecuritiescorporate
Non-Connected Person Can Be Insider Under PIT Rules
SAT rules non-connected individuals may qualify as insiders under SEBI PIT Regulations if they possess UPSI, expanding insider liability beyond formal corporate connections.
Sep 27, 2026Read more →
National Company Law Tribunalinsolvencycorporate
Notice Contents Show Intent to Enforce Guarantor Liability: NCLT
NCLT admitted petition holding that demand notice clearly indicated intention to enforce personal guarantees under IBC.
Sep 27, 2026Read more →
National Company Law Tribunalinsolvencycorporate
Postal Receipt Not Mandatory for Valid IBC Demand Notice
NCLT ruled that absence of separate postal receipt or acknowledgement does not invalidate a demand notice under IBC if other proof of service exists.
Sep 27, 2026Read more →
National Company Law Tribunalinsolvencycorporate
Leasehold Rights Treated as Company Assets During Liquidation
NCLT ruled that leasehold rights over land constitute assets of the company and are transferable in liquidation proceedings under IBC.
Sep 27, 2026Read more →
National Company Law Tribunalinsolvencycorporate
NCLT Admits ₹1.05 Cr CIRP in Absence of Pre-Existing Dispute
NCLT admitted a CIRP application for ₹1.05 crore operational debt after finding the invoices undisputed and no pre-existing dispute demonstrated by the corporate debtor.
Sep 27, 2026Read more →
National Company Law Appellate Tribunalinsolvencybanking
NCLAT Rejects PG’s Plea to Stall SARFAESI via IBC Application
NCLAT dismissed a personal guarantor’s application for personal insolvency, finding misuse of IBC moratorium to delay SARFAESI possession proceedings.
Sep 27, 2026Read more →
National Company Law Tribunalcorporateinsolvency
NCLT Admits ₹223.82 Cr Insolvency Plea, Revival Letters Extend Limitation
NCLT admitted Union Bank’s insolvency petition holding that revival letters and audited balance sheets acknowledging debt extended the limitation period for filing under IBC.
Sep 27, 2026Read more →