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  • Article

    MNRE Issued OM For ALMM List Applicability Post 01.06.2026

    MNRE, vide Office Memorandum dated 25.05.2026 (“ALMM OM”) has specified that there will be no extension of the requirement to mandatorily source solar cells and modules from Approved List of Models and Manufacturers (“ALMM”) by net metering and open access renewable power projects getting commissioned on or after 01.06.2026.
    IndiaEnergy and Natural Resources
    Sagus Legal
    Sagus Legal
  • Article

    MNRE Notified A Limited Window Extension To Net Metering And Open Access RE Power Projects Exemption From ALMM List-II Till 31.12.2026

    MNRE by Office Memorandum dated 18.07.2026 notified an extended limited window for Net-Metering and Open Access renewable projects, for exemption from Approved List of Models and Manufacturers List-II (for solar PV cells) till 31.12.2026.
    IndiaEnergy and Natural Resources
    Sagus Legal
    Sagus Legal
  • Article

    President Of India Sanctions Implementation Of Small Hydro Power Development Scheme From 1 MW To 25 MW

    The Ministry of New and Renewable Energy (“MNRE”), vide Notification dated 15.05.2026 , has conveyed administrative approval for implementation of the Small Hydro Power (“SHP”) Development Scheme (“SHP Scheme”) for SHP projects ranging from 1 MW to 25 MW capacity for the period FY 2026-27 to FY 2030-31, with a total financial outlay of INR 2,584.60 Crores.
    IndiaEnergy and Natural Resources
    Sagus Legal
    Sagus Legal
  • Article

    RERC Issues RERC (Electricity Supply Code And Connected Matters) (Third Amendment) Regulations, 2026

    The Rajasthan Electricity Regulatory Commission ("RERC"), by its order dated 21.01.2026 in Suo Motu Petition No. 2374/20257 , has issued the RERC (Electricity Supply Code and Connected Matters) (Third Amendment)...
    IndiaEnergy and Natural Resources
    Sagus Legal
    Sagus Legal
  • Article

    RBI Notifies RBI (Non-Banking Financial Companies - Concentration Risk Management) Amendment Directions, 2026

    The Reserve Bank of India ("RBI"), through notification dated 01.01.2026 notified the RBI (Non-Banking Financial Companies - Concentration Risk Management) Amendment Directions, 2026...
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Amends Alternative Investment Funds Regulations, 2012

    SEBI, by notification dated 16.04.2026 , has notified the SEBI (Alternative Investment Fund) (Amendment) Regulations, 2026 (“AIF Amendment Regulations”) amending the SEBI (Alternate Investment Funds) Regulations, 2012 (“AIF Regulations”).
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Amends The ICDR Regulations

    SEBI vide notification no. SEBI/LAD-NRO/GN/2025/271 dated 31.10.2025, has issued the SEBI Regulations, 2025, amending the SEBI Regulations, 2018 which shall come into force on the 30th day from the date of its publication in the Official Gazette, i.e., 01.11.2025.
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Approves Open Market Buy-backs, Utilization Of Intraday Borrowings By Mutual Funds And Amendments To SDI Regulations

    SEBI through its press release having no. 33/2026, dated 19.06.2026 (“Press Release”) , has notified the key decisions taken at the 214th meeting of its Board.
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    Government Of NCT Delhi Amends Shops & Establishments Act To Revise Working Hours And Night Shift Norms.

    The GNCTD, by way of the Delhi Shops and Establishments (Amendment) Act, 20261 (“S&E Amendment Act”), has amended the Delhi Shops and Establishments Act, 1954 (“S&E Act”).
    IndiaGovernment, Public Sector
    Sagus Legal
    Sagus Legal
  • Article

    IBBI Notifies The IBBI (Insolvency Resolution Process For Corporate Persons) (Second Amendment) Regulations, 2026

    The Insolvency and Bankruptcy Board of India (“IBBI”), vide notification dated 19.05.2026, has notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2026) (“CIRP Amendment Regulations”) to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (“CIRP Principal Regulations”).
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Sagus Legal
    Sagus Legal
  • Article

    APTEL Partly Allows Review Petition And Reiterates Scope Of Intervention In Review Proceedings

    The Appellate Tribunal for Electricity (“APTEL”), vide judgment dated 06.04.2026 in Review Petition No. 5 of 2025 in Appeal No. 126 of 2022 (“Review Petition”) partly allowed the Review Petition granting carrying cost on liquidated damages while reaffirming the limited scope of intervention in review proceedings.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    High Court Of Delhi Held That The Power Under Section 151 Of CPC Has To Be Exercised With Caution And Circumspection

    The High Court of Delhi through its judgment dated 01.07.2025 in Communication Components Antenna Inc. v. Ace Technologies Corp. and Ors. held that Section 151 of Code of Civil Procedure, 1908 ("CPC") gives sufficient and wide discretionary power to the court to exercise.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Video

    Supreme Court Held That Interest Cannot Be Awarded Where Contract Expressly Prohibits Payment Of Interest

    The Supreme Court, through its judgement dated 09.02.2026 in The Kerala Water Authority &Ors. v. T I Raju & Ors...
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds That An Arbitral Award Can Be Challenged On The Ground Of Lack Of Arbitration Agreement, Even After The Party Challenging It Has Participated In The Arbitration Proceedings.

    The Supreme Court of India, by way of its judgement dated 24.03.2026 in the matter of M/s. Bharat Udyog Limited v. Ambernath Municipal Council Through Commissioner & Anr.1, held that even though a party...
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Clarification On The Regulatory Restrictions Applicable To Stock Brokers Undertaking NBFC Activities

    SEBI, by letter dated 10.08.2026 (“Informal Guidance”), as a reply to letter for request for informal guidance dated 20.04.2026 (“Informal Guidance Request”), has clarified that a stock broker registered with SEBI may not undertake activities as a non-banking financial company (“NBFC”).
    IndiaCorporate/Commercial Law
    Sagus Legal
    Sagus Legal
  • Article

    High Court Of Punjab & Haryana Holds That Moratorium Under The IBC Does Not Bar The Criminal Proceedings Against The Directors Under The NI Act

    The High Court of Punjab and Haryana through its judgment dated 20.07.2026 in Ajay Gupta and Another v. Can Bank Factors Limited dismissed a Petition filed under Section 482 of the Code of Criminal Procedure, 1973 seeking quashing of criminal proceedings under Sections 138 and 141 of the Negotiable Instruments Act, 1881 on the ground that insolvency proceedings had been initiated against the company under the IBC.
    IndiaCriminal Law
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Modifies Nomination Norms For Demat Accounts And Mutual Fund Folios

    The Securities and Exchange Board of India (“SEBI”), by circular dated 29.05.2026 , has modified the nomination framework applicable to demat accounts and mutual fund folios. The revised framework seeks to simplify investor onboarding and nomination procedures while reducing the incidence of unclaimed assets.
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    APTEL Refuses To Review Order Dated 20.04.2026 Passed In OP No. 1 Of 2025

    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.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    High Court Of Delhi Held That Delhi Courts Would Have Territorial Jurisdiction In A Recovery Suit Where Part Of The Cause Of Action Arose In Delhi

    The High Court of Delhi, through its judgment dated 20.05.2026 in the matter of GAC Logistics Pvt. Ltd. v. Acer Logistics Pvt. Ltd., inter alia, held that under Section 20(c) of the Code of Civil Procedure, 1908 (“CPC”), even if part of the cause of action arises within the territorial jurisdiction of a court, such court would have jurisdiction to entertain the suit.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds That A Party Cannot Challenge An Arbitral Award On The Ground That The Arbitral Mandate Has Expired When The Party Itself Has Accepted Extension Of Arbitral Mandate

    The Supreme Court of India, through its judgement dated 26.05.2026 in the matter of Gujrat Water Supply and Sewerage Board v Saryu Plastics Private Limited, held that a party cannot challenge an arbitral award on the ground that the arbitral mandate has expired, when the party itself has accepted extension of arbitral mandate.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal

Showing 161–180 of 316 results

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