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  • Article

    MCA Issues Advisory For Stakeholders For Name Reservation And Incorporation Of Company And LLP

    MCA has issued an Advisory for Stakeholders for Name Reservation and Incorporation of Company and LLP on 12.03.2026 , providing guidance on common issues observed in applications relating to name reservation, incorporation and change of name of companies and limited liability partnerships.
    IndiaCorporate/Commercial Law
    Sagus Legal
    Sagus Legal
  • Article

    NCLAT Held That A Party Cannot Extend Period Of Limitation Under Section 18 Of Limitation Act By Relying On Own One-Time Settlement Proposal

    The Court observed that Section 18 of the Limitation Act pertains to getting the benefit of the acknowledgement ade in writing by the opposite party against whom some right is being claimed, however, the same could not be claimed by the person on the basis of an acknowledgement which has been given by the person themselves.
    India
Corporate/Commercial Law
Sagus Legal
Sagus Legal
  • Article

    NCLAT Upheld That Termination Of Contract For Performance Default Is Not Barred By Moratorium Under Section 14 Of IBC

    NCLAT held that the termination was on valid contractual grounds due to persistent deficiencies and non-performance by the Corporate Debtor, unrelated to insolvency proceedings.
    IndiaCorporate/Commercial Law
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Notifies Acceptance Of Digitally Signed POA From FPIs

    The Securities and Exchange Board of India (“SEBI”), by circular dated 20.08.2026 (“FPI Circular”), has notified the acceptance of digitally signed power of attorney (“POA”) by foreign portfolio investors (“FPI”) and has accordingly amended the Master Circular for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors (“FPI Master Circular”).
    IndiaCorporate/Commercial Law
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Held That Imposition Of Moratorium On A Company Is Not A Ground To Reject Complaints Against The Promoters/ Directors Of The Company

    Supreme Court through its judgment dated 27.07.2026 in the matter of Tejas J Shah & Amisha T Shah v. Mantri Technology Constellations Private Limited (Now Known as Buoyant Technology Constellations Private Limited)[1] held that imposition of moratorium on a company under Section 14 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) is not a ground to reject consumer complaints against the promoters/ directors of the company.
    IndiaCorporate/Commercial Law
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds That A Valuation Report Is Not A Statutory Requirement For Reduction Of Share Capital Under Section 66 Of The Companies Act 2013

    The Supreme Court through its judgement dated 10.03.2026 in the matter of Pannalal Bhansali v. Bharti Telecom Limited & Ors.1 held that obtaining a valuation report is not a statutory requirement...
    IndiaCorporate/Commercial Law
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds That Once A Moratorium Under Section 14 Of IBC Comes Into Effect, Any Security Deposit Made By The Corporate Debtor Cannot Be Set Off Against The Pre-CIRP Dues Of The Corporate Debtor.

    The Supreme Court of India, by way of its judgement dated 23.03.2026 in the matter of Central Transmission Utility of India Limited v. Sumit Binani & Ors.
    IndiaCorporate/Commercial Law
    Sagus Legal
    Sagus Legal
  • Article

    Ministry Of Labour And Employment Notifies Employer Contribution Rate Under The EDLI Scheme, 2026

    MoLE through notification dated 01.07.2026 (“ECR Notification”) , has specified the employer’s contribution rate to the Insurance Fund established under the SS Code.
    IndiaEmployment and HR
    Sagus Legal
    Sagus Legal
  • Article

    APTEL Affirms Statutory Liability For Relinquishment Charges Upon Grant Of LTA.

    The Appellate Tribunal for Electricity ("APTEL") through its judgment dated 08.01.2026 in the matter of Director, Aryan Renewable Energy Private Pvt. Ltd. v. The Secretary, Central Electricity Regulatory Commission & Ors.
    IndiaEnergy and Natural Resources
    Sagus Legal
    Sagus Legal
  • Article

    CERC Directs RECPDCL To Reimburse Acquisition Cost Paid By PGCIL For Abandoned Transmission Project

    CERC through its judgement dated 07.03.2026 in the matter of Spectrum Power Generation Limited v. Power Grid Corporation of India Limited & Ors. held that REC Power Development and Consultancy Limited (“RECPDCL”), ...
    IndiaEnergy and Natural Resources
    Sagus Legal
    Sagus Legal
  • Article

    CERC Holds Interest Not Payable On Delayed Adjustment Of Excess Transmission Charges In Absence Of Regulatory Provision

    The Petition was filed seeking recovery of INR 2.26 crores towards interest from Central Transmission Utility of India Limited (“CTUIL”) on account of alleged delay in reimbursement of INR 19.40 crore paid as excess transmission charges for the months of October and November 2020 under the Point of Connection (“PoC”) billing mechanism.
    IndiaEnergy and Natural Resources
    Sagus Legal
    Sagus Legal
  • Article

    MNRE Has Issued Advisory For Extension Of Timelines For Implementation Of Renewable Energy Power Projects Due To Force Majeure

    The MNRE vide its advisory dated 21.08.2026 has advised Renewable Energy Implementing Agencies (“REIAs”) to consider extension of Scheduled Commencement of Supply Date (“SCSD”) and Scheduled Commissioning Date (“SCD”) on account of Force Majeure event due to West Asia Situation.
    IndiaEnergy and Natural Resources
    Sagus Legal
    Sagus Legal
  • Article

    Compliance Reporting Formats For Specialized Investment Funds (SIFs) Issued By SEBI.

    SEBI, through circular dated 08.01.2026, issued compliance reporting formats for Specialized Investment Funds ("SIFs") ("SIF Circular")...
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Amends Real Estate Investment Trusts Regulations, 2014

    SEBI has introduced significant amendments to InvIT, AIF, and REIT regulations, lowering credit risk thresholds for liquid mutual funds and expanding investment flexibility.
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Mandates Certification From NISM For Compliance Officers Of Managers Of AIFs.

    SEBI by way of Circular No. HO/19/(8)2025-AFD POD1/I/1266/2025 dated 30.12.2025 ("AIF Circular") , has introduced certification requirements for Compliance Officers of Managers of Alternative Investment Funds ("AIFs").
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Simplifies The Requirements For Grant Of Accreditation To Investors

    SEBI, by way of circular dated 09.01.2026 ("AIF Circular"), has introduced simplifications to the accreditation requirements for investors under the SEBI (Alternative Investment Funds) Regulations, 2012 ("AIF Regulations").
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Held That Corporate Debtor's Ability To Repay Is Irrelevant For Admission Of Section 7 Application Under IBC

    The Supreme Court, through its judgment dated 18.02.2026 in Power Trust (Promoter of Hiranmaye Energy Limited) v. Bhuvan Madan (Interim Resolution Professional of Hiranmaye Energy Limited) & Ors.
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    High Court Of Delhi Holds That Reasonable And Limited Restriction Does Not Violate Article 14 Or 19 Of The Constitution

    The High Court of Delhi, through its judgment dated 19.06.2026 in M/s EG Communications Pvt. Ltd. & Ors. v. Election Commission of India & Ors. , dismissed a challenge to the directions prohibiting political advertisements at Delhi Metro stations during the operation of the Model Code of Conduct (“MCC”) on the ground that it is not violative of Articles 14 and 19 of the Constitution of India, 1949 (“Constitution”).
    IndiaGovernment, Public Sector
    Sagus Legal
    Sagus Legal
  • Article

    IBBI Notifies The Insolvency And Bankruptcy Board Of India (Liquidation Process) (Second Amendment) Regulations, 2025

    The IBBI through its notification dated 14.10.2025 notified the IBBI (Liquidation Process) (Second Amendment) Regulations 2025 amending the IBBI (Liquidation Process) Regulations 2016.
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Sagus Legal
    Sagus Legal
  • Article

    NCLAT Held That Set-Off Under The IBBI (Liquidation Process) Regulations, 2016 Cannot Be Extended To Separate Group Entities Undergoing Independent Insolvency

    The NCLAT held that the corporate debtor is a separate juristic person and is distinct from other group entities of its group company and each group company has undergone separate corporate insolvency resolution process and later on liquidation proceedings.
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Sagus Legal
    Sagus Legal
  • Showing 21–40 of 325 results

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