3,269 results found

The NCLT, Special Bench, Kolkata through its judgment dated 18.06.2026, in Indian Bank vs. Santosh Jhawar, Personal Guarantor of M/s Burgundy Life Style Pvt. Ltd. , held that an acknowledgment of liability by Principal Borrower extends the limitation period for Personal Guarantor and maintainability of a Section 95 proceeding is not conditioned upon prior initiation of Corporate Insolvency Resolution Process (“CIRP”) against the Principal Borrower.

Following an industry-wide investigation into how the euro-priced bank-to-bank lending rate was set, a settlement was reached whereby EC had imposed in total 1.7 billion euros of penalties on multiple financial institutions.

The Variable Capital Company (‘VCC') model was first conceptualised in Singapore through the Variable Capital Companies Act, 2018. VCC model is a unique corporate structure tailored to support...

The CCI on November 14, 2019 has approved the merger of BNP Paribas Mutual Fund and the Bank of Baroda Mutual Fund, the asset management wings of BNP Paribas ("BNPP") and Bank of Baroda ("BoB").

In a significant development in the realm of consumer protection, the Hon'ble National Consumer Disputes Redressal Commission (NCDRC) in the matter of Manoj Madhusudhanan v. ICICI Bank Ltd...

The Securities and Exchange Board of India Regulations 2012 under Regulation 28, and Clause 15.1.1 of the SEBI's Master Circular on AIFs dated 07 May 2024 mandate all alternative investment funds to submit report of their activity as an AIF to the Securities and Exchange Board of India on a quarterly basis.

The proposal of Finance Ministry, department of Financial Services to relax the punishment w.r.t offences falling under various Acts which at present are punishable with both imprisonment and fine

India's regulatory regime in the corporate sector has been witnessing swift changes.

The Hon'ble National Company Law Appellate Tribunal (NCLAT) vide its order dated 15th July 2022 passed in the matter of Prashat Agarwal v. Vikash Parasrampuria, Company Appeal (AT) (Ins) No. 690 of 2022...

In recent times, the value of the Indian rupee has seen massive depreciation as a result of rising crude oil prices and the current geopolitical situation.

The article discusses SEBI's amendment to the Alternative Investment Funds (AIF) Regulations, 2012, regarding the dematerialization of AIF investments which mandates that all investments made by AIFs on or after July 1, 2025, must be held in dematerialized form.

Alternative Investment Funds were recognized as an investment vehicle by introduction of the SEBI (AIF) Regulations, 2012 and provided a sophisticated investment...

The recently introduced Insolvency and Bankruptcy Code, 2016 has brought in its wake several judgments and orders which are changing the landscape of the financial markets in an unprecedented manner.

In what appears to be another step towards increasing the efficacy of the insolvency resolution process in India, the RBI, further relaxed the regime on ECBs in India by way of a circular dated 7 February 2019.

SEBI has, by way of two Notifications dated April 1, 2025, and April 28, 2025, amended the SEBI (Infrastructure Investment Trusts) Regulations 2014...

Section 10(4E) of the Income-tax Act, 1961 provides for tax exemption on income accruing or arising to or received by a non-resident as a result of transfer of non-deliverable forward contracts entered into with ...

On October 15, 2019, CCI approved the investment by Kora Master Fund LP (‘Kora') in Edelweiss Securities Limited and Edelweiss Global Investment Advisory business (including its...

The Finance Bill, 2022 has sought to overcome the ruling of the Supreme Court in the case of Canon India Vs Commissioner of Customs [2021-TIOL-123-SC-CUS-LB] whereby it was held that DRI official(s) were not a "proper officer" ...