N/Acriminalcorporate
CBI-ED Nexus Explained: 31 FAQs on Crime and PMLA
A detailed guide explaining the CBI-ED nexus along with 31 FAQs related to predicate offences, PMLA investigations, and more.
Aug 25, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Corporate Law News
N/Acorporate
IBBI Draft Guidance on Fraudulent CIRP: Identifying Key Gaps
The IBBI has released draft guidance on fraudulent CIRP initiation, highlighting implementation gaps in existing practices.
Aug 25, 2026Read more →
Supreme Court of Indiacorporate
SC Upholds Ruling Against Attachment of Mehmood Pracha’s Assets
The Delhi Court's order to attach movable assets of lawyer Mehmood Pracha has been challenged to the Supreme Court, which will decide based on precedents relating to legal costs and asset attachment.
Aug 25, 2026Read more →
Government of Indiacorporate
Revised 10% Non-Controlling Ownership Rule Impacting FDI
India has amended its Foreign Direct Investment (FDI) regulations, introducing a 10% non-controlling beneficial ownership test that aims to clarify and streamline investment approvals for foreign investors. This change updates land-border rules and reduces uncertainty for global investors.
Aug 25, 2026Read more →
Gujarat High Courtcorporateinsolvency
Gujarat HC Grants Interim Relief on IBBI IP Registration Cancellation
The Gujarat High Court has granted interim relief against the cancellation of an IBBI IP registration. The court has raised concerns regarding the participation of an investigator in the disciplinary committee reviewing the registration.
Aug 25, 2026Read more →
Delhi High Courtcorporatelegal
Delhi HC Rules on Customs Broker Licence Lending Violations
The Delhi High Court held that lending a Customs Broker license and dongle for a fixed monthly fee violates regulation 1(4) of the Customs Broker Licensing Regulations. This decision clarifies the boundaries of permissible practices within customs brokerage.
Aug 25, 2026Read more →
National Company Law Appellate Tribunalcorporateinsolvency
NCLAT Upholds Resolution Plan; Rejects Suspended Promoter’s Fresh Valuation Plea
In a recent ruling, the NCLAT upheld the resolution plan approved by the Committee of Creditors (CoC), denying the suspended promoter's request for a fresh valuation post-approval, underscoring the principle of commercial wisdom.
Aug 25, 2026Read more →
National Company Law Tribunalcorporateinsolvency
NCLT Admits CIRP for ₹55.45 Cr Default; Rejects Pledge Enforcement Defence
The NCLT has admitted the Corporate Insolvency Resolution Process (CIRP) for a financial default of ₹55.45 Crores. The Tribunal rejected the argument regarding pledge enforcement as a valid defence, underlining the significance of the debt threshold exceeding ₹1 crore.
Aug 25, 2026Read more →
High Courtcorporate
Shiprocket Successfully Raises ₹1,617 Crore in IPO Amid Legal Insights
Shiprocket has secured ₹1,617 crore in its recent IPO, with leading law firms advising on the transaction, underscoring the role of legal counsel in capital market operations.
Aug 24, 2026Read more →
Telangana High Courtcorporatetax
Telangana HC: Share Premium Not Taxable Income
The Telangana High Court ruled that share premium received from a non-resident shareholder on a fresh share issue is considered a capital receipt, not taxable income. This decision has important implications for taxation practices in corporate finance.
Aug 24, 2026Read more →
Reserve Bank of Indiacorporate
RBI Consolidates NBFC Supervisory Returns Under New Directions
The RBI has released its 2026 Directions, consolidating supervisory returns for Non-Banking Financial Companies (NBFCs), focusing on streamlined filing, reporting requirements, and compliance.
Aug 23, 2026Read more →
Telangana High Courttaxcorporate
Share Premium from Non-Resident Shareholder Is Capital Receipt
The Telangana High Court ruled that share premium received from a non-resident shareholder during a fresh share issue is categorized as a capital receipt and not taxable income.
Aug 23, 2026Read more →
Securities and Exchange Board of Indiasecuritiescorporate
SEBI Modifies OBPP Framework to Permit IFSCA Products and 54EC Bonds
SEBI has amended its Online Bond Platform (OBPP) framework to allow for the introduction of IFSCA products and 54EC bonds, implementing new disclosure and compliance requirements.
Aug 23, 2026Read more →