N/Acorporatecyber
Explaining Legal Liabilities Under DPDP Execution
The latest article delves into the Data Protection Development Act's (DPDP) execution, focusing on fiduciary responsibilities and data protection standards.
Aug 21, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Corporate Law News
NCLT Ahmedabadcorporate
NCLT Ahmedabad Sanctions Triumph Offshore-Swan Defence Amalgamation
NCLT Ahmedabad has sanctioned the amalgamation scheme between Triumph Offshore and Swan Defence, ensuring statutory compliance and safeguarding authorities' rights. This decision aligns with corporate restructuring practices in the industry.
Aug 21, 2026Read more →
NCLT Delhicorporate
NCLT Delhi Sanctions Western UP Tollway Capital Reduction Scheme
NCLT Delhi has sanctioned the capital reduction and reorganisation scheme for Western UP Tollway under Sections 230-232 of the Companies Act. The approval is subject to statutory compliance and aims to streamline the company’s financial structure.
Aug 21, 2026Read more →
Reserve Bank of Indiacorporatefinancial
RBI Announces Appointment of New Directors on Central Board
Shri Somanath Sreedhara Panicker and Shri Anand Gopal Mahindra have been appointed as part-time Non-official Directors on the Central Board of Reserve Bank of India, effective August 20, 2026.
Aug 21, 2026Read more →
Reserve Bank of Indiafinancialcorporate
Sovereign Gold Bond Scheme Premature Redemption Window for 2026-2027
The Reserve Bank of India has released details for the premature redemption of Sovereign Gold Bonds (SGBs) for the period of October 2026 to March 2027. Investors can redeem their bonds early, subject to existing guidelines.
Aug 21, 2026Read more →
NCLTcorporate
NCLT Admits Insolvency Plea Against Sun Granite Export for ₹3.95 Crore Default
The NCLT has admitted an insolvency plea against Sun Granite Export, establishing a default of ₹3.95 crore based on loan records and acknowledgments. This decision underscores the tribunal's role in resolving corporate insolvency matters effectively.
Aug 21, 2026Read more →
SEBIcorporate
SEBI Settles Financial Statement Misstatement Proceedings for ₹24.70 Lakh
SEBI has settled adjudication proceedings regarding financial statement misstatements for ₹24.70 lakh after allegations of failure to recognize expected credit loss on receivables and loans. This settlement highlights the regulator's ongoing efforts to enforce compliance with financial disclosure standards.
Aug 21, 2026Read more →
IBBIcorporateinsolvency
IBBI Suspends Harish Taneja for Two Years Over CIRP Violations
The Insolvency and Bankruptcy Board of India has suspended Harish Taneja for two years due to violations during the Corporate Insolvency Resolution Process (CIRP). This suspension serves to uphold conduct standards within the insolvency framework.
Aug 20, 2026Read more →
Delhi High Courtcorporate
Delhi HC Holds Customs Broker Cannot Use Another Broker’s Credentials
In a significant ruling, the Delhi HC stated that customs brokers cannot undertake clearance using another broker’s credentials, even with consent. This judgment establishes clear boundaries for regulatory compliance in customs operations.
Aug 20, 2026Read more →
Madras High Courtcorporate
Indefinite Delay Not Authorized Under Section 28(9): Madras HC Quashes Customs Order After 14 Years
The Madras HC quashed a customs order issued after 14 years, ruling that the provisions of the new law on limitation do not permit indefinite delays. This decision impacts how customs authorities execute their procedural mandates.
Aug 20, 2026Read more →
N/Acorporatetax
Lakshmanan Meyyappan Becomes Youngest Male Chartered Accountant at 16
Lakshmanan Meyyappan has achieved the distinction of becoming the world's youngest male Chartered Accountant at the age of 16, reflecting a remarkable academic achievement in the field of accounting.
Aug 19, 2026Read more →
Institute of Chartered Accountants of Indiacorporatetax
ICAI: CA's Remarks on ITR Portal Glitches Not Misconduct
The Institute of Chartered Accountants of India has deemed derogatory remarks made by a CA regarding ITR portal issues as inappropriate but not amounting to professional misconduct. The ruling highlights the balance between free speech and professional integrity.
Aug 19, 2026Read more →
Kerala High Courtbankingcorporate
Kerala HC Cancels NCLT's Rs. 1 Lakh Cost on Union Bank for Procedural Errors
The Kerala High Court has set aside a Rs. 1 lakh cost imposed by the NCLT on Union Bank of India due to procedural errors in its withdrawal application. This ruling emphasizes the importance of fair procedural standards in insolvency proceedings.
Aug 19, 2026Read more →