The Reserve Bank of India ("RBI") has vide its recent notification dated 4<SUP>th</SUP> November 2006 liberalized the External Commercial Borrowing (ECB) guidelines enabling corporates to now raise ECB for an additional USD 250 million

With a view to provide greater flexibility, the Reserve Bank of India (“RBI”) has vide its circular dated 16th November 2006 amended the Foreign Exchange Management (Remittance of Assets) Regulations, 2000 (“Regulation”) by dispensing with the lock in period for remittance of sale proceeds of immovable property of Non-Resident Indians (“NRIs”) or Persons of Indian Origin (“PIOs”) from their Non-Resident Ordinary (“NRO”) accounts in India.

At present, Foreign Direct Investment (FDI) up to 49% is permitted in an Indian Joint Venture Company for setting up hardware, Up-linking HUB or Teleports and complying with guidelines of GOI and Ministry of Information and Broadcasting for Up-linking and broadcasting.

The Supreme Court through its judgement dated 07.04.2026 in State Bank of India v Amit Iron Private Limited & Others held that there is no right for borrowers to seek personal hearing before classification as fraud, however furnishing Forensic Audit Reports is mandatory.

The Ministry of Corporate Affairs vide its notification dated March 24, 2021, has introduced certain amendments in the Companies (Accounts) Rules, 2014 ("Rules").

The recent AUSTRAC order in Australia and the RBI's penalties in India highlights the critical importance of embedding legal compliance and risk management at the highest levels of banking and finance.

CBDT vide press release dated September 25, 2025 provides relaxation by extending the time limit for furnishing the Report of Audit, prescribed to be filed under any provisions...

SEBI issued a consultation paper on February 07, 2025, proposing amendments to the LODR Regulations concerning the Secretarial Compliance Report.

The RBI has issued the RBI (Commercial Banks – Asset Classification, Provisioning and Income Recognition) Directions 2026 (‘Directions’) to commercial banks, corresponding new banks, and the State Bank of India (‘SBI’) ...

In order to further streamline the operations at IFSC, based on the internal discussions and consultations held with the stakeholders,...

The Ministry of Finance ("MOF") has by a recent notification further liberalized the Scheme for Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism), 1993 ("Scheme") by permitting unlisted Indian companies, like those engaged in real estate business, to sponsor an issue of American Depository Receipts (ADRs)/ Global Depository Receipts (GDRs) with an overseas depository against shares held by its shareholders

Ministry of Corporate Affairs ("MCA") vide notification no. G.S.R. 291 (E) dated 7th May, 2025 made amendments in the Companies (Indian Accounting Standards) Rules, 2015.

Taking into consideration, the various representations received from the stakeholders for the extension in the last date of filing, the Ministry of Corporate Affairs (MCA) vide its General Circular No.15/2021...

Financial due diligence is a process through which financial professionals carry out an investigation and research on the financial matters and circumstances of the target firm and an analysis of various related factors.

To promote good corporate governance and enhance disclosure requirement in Related Party Transactions (RPTs), SEBI vide Circular dated February 14, 2025 issued Industry Standards...

The APTEL, through its order dated 27.05.2026 in the matter of DERC v. Forum of Regulators & Ors., dismissed the review petitions filed by the Delhi Electricity Regulatory Commission (“DERC”) seeking review of APTEL’s earlier order dated 20.04.2026 concerning conduct of strict and intensive audit of Delhi distribution licensees (“DISCOMs”); and (ii) commencement of liquidation of regulatory assets.

The recent change in leadership at Infosys has thrown up interesting questions relating to the vigil mechanism in a listed company.

Investor – Promoter Disputes are not a thing of the present. They have been causes of concerns for Investors as well as promoters for years now.

When the corporates responsible to protect investors becomes the pawn for deception, what happens? Sadly, the answer is in the Wirecard, the Brooge Energy scandals.

From the Assessment Year 2019-20 and onwards the forms for filing Income Tax Returns have been changed. There is substantial amount of additional information is required from specific category of persons including