AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The treatment of Compulsorily Convertible Debentures (CCDs) as financial liabilities under Ind AS 32 is analyzed, debating whether judicial remarks categorizing them as equity hold authoritative weight.
Section 12(3) of the Companies Act mandates companies to disclose their Corporate Identification Number (CIN) and other details on their letterheads. Non-compliance can lead to statutory penalties.
The revised ethics code of ICAI provides guidance on the advertising practices of sustainability assurance providers, mandating consultation with the Ethical Standards Board when in doubt.
As of May 31, 2026, the RBI reported a total of 2,473 applications pending from the previous month, underscoring the demand for services under its Citizen’s Charter.
SEBI has revised nomination norms for demat accounts and mutual fund folios to enhance investor onboarding. The updated framework addresses stakeholder feedback regarding implementation issues.
The IRDAI has issued a warning to a broker for implementing shareholding changes without prior approval, highlighting the need for compliance with regulatory norms. Corrective measures and future commitments were considered in the ruling.
The recent updates to the UDIN portal introduce field-level validation for Section 44AB, fostering greater trust among stakeholders and enhancing the integrity of the CA profession in financial reporting.
The CESTAT has permitted BSNL to claim Cenvat credit for housekeeping services used for telecom operations, but denied credit for rent-a-cab services. This ruling clarifies the extent of applicable Cenvat credits within the telecommunications sector.
This article outlines the legal framework governing the buyback of shares, detailing procedural requirements, statutory compliances, and the conditions under which buybacks are permissible.
This article details conditions under which private companies may utilize MCA exemptions for borrowing, focusing on approval thresholds and scenarios requiring shareholder consent.
The article provides insights into the approval process required for related party transactions under the Companies Act and SEBI regulations, outlining a practical framework for compliance.
Recent NCLT decisions indicate that procedural rules should not impede the conversion of a share capital company into a guarantee company under Section 18, where substantive provisions permit such changes.
This article delves into the importance of founder agreements in venture-backed companies, focusing on equity allocation, management roles, and exit strategies. It emphasizes their critical role in reducing disputes and ensuring stable governance.