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The proposed amendment to Section 144 of the Companies Act, 2013 introduces a three-year cooling-off period prohibiting outgoing auditors from rendering non-audit services to the company, its holding, or subsidiaries.

In its effort to align the information technology framework of NBFC with evolving best practices, the RBI has issued a Master Direction on June 8, 2017 on the ‘Information Technology Framework for the NBFC Sector'.

Regulations 23(2), 23(3) and 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Paragraph 4 of Part A and Paragraph 6 of Part B of Section III-B of the master circular for compliance ...

Hundreds of businesses have found the last VAT filing cycle rushed and messy, and for genuine reasons. Over the past couple of years, FTA audits of UAE SME activity have significantly intensified, particularly between 2023 and 2024.

This June newsletter covers categories of relevant updates notified by the Ministry of Corporate Affairs ("MCA") and Reserve Bank of India ("RBI").

For most businesses, tax risk often shows up too late. In many cases, owners discover these loopholes during an audit, through a penalty notice, or when facing a blocked refund.

The Security Exchange Board of India ("SEBI") is responsible for the primary and secondary security market regulation in India.

The Ministry of Corporate Affairs vide its notification dated 7 May 2018 has notified following sections effective from 7 May 2018.

The Securities and Exchange Board of India (SEBI) issued a circular dated 28 February 2025 on ‘The Industry Standards on Key Performance Indicators (KPIs) Disclosures in the draft Offer Document and Offer Document'.

The Hon'ble Supreme Court has recently on 7th April 2026 clarified the scope of procedural safeguards available to borrowers before their accounts are classified as "fraud" under the Reserve Bank of India (Frauds Classification and Reporting by Commercial Banks and Select FIs) Directions, 2016 ("Master Directions, 2016") and Reserve Bank of India (Fraud Risk Management in Commercial Banks and All India Financial Institutions Directions, 2024 ("Master Directions, 2024").

In today's complex business landscape, auditors act as guardians of financial integrity. Their role goes beyond merely verifying numbers – they are crucial...

The Securities Exchange Board of India ("SEBI") by Circular No. SEBI/HO/MRD/TPD/CIR/P/2025/50 dated 04.04.2025 ("Circular") has prescribed the standardized format for System and Network audit report of Market Infrastructure Institutions ("MIIs").

The Corporate Laws (Amendment) Bill, 2026 marks a significant development in India’s corporate regulatory framework. The Bill seeks to amend both the Limited Liability Partnership Act, 2008...

Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR") mandates that all related party transactions ("RPT(s)") of listed entities be approved...

Few areas of Indian corporate governance have witnessed such sustained regulatory tightening as related party transactions ("RPTs"). The Companies Act, 2013, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations"), and a steady stream of SEBI circulars (most recently the Industry Standards on Minimum Information for RPT approval ) have together created a framework that is both rigorous and unforgiving. The framework is built on a single premise: RPTs must be approved before they are entered into — not after.

The Company (Auditor's Report) Order, 2016 (CARO 2016) was notified on 29 March 2016.

India's corporate sector is witnessing a rise in financial irregularities across a range of entities, including listed companies, tech-enabled startups, and promoter-led enterprises...