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  • Article

    MNRE Issues Office Memo For Waiver Of Factory Inspections For Higher Power Bin Solar PV Module Models

    The Ministry of New and Renewable Energy (“MNRE”) through Office Memorandum dated 08.06.2026 (“OM”) waived factory inspections for higher power bin solar photovoltaic module (“PV Modules”) models within the same manufacturing facility.
    IndiaEnergy and Natural Resources
    Sagus Legal
    Sagus Legal
  • Article

    RBI Notifies Amendment To Master Direction - Reserve Bank Of India (Non-resident Investment In Debt Instruments) Directions, 2025

    Reserve Bank of India through circular no. RBI/2026-27/10 A.P. (DIR Series) Circular No. 06 dated 10.04.2026 notified the amendment to the Master Direction - Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025.
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Introduces Mechanism For Lock-in Of Pledged Shares For Ease Of Doing Business

    SEBI through Circular dated 08.04.2026 (“EODB Circular”) has introduced a mechanism for lock-in of pledged shares.
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Issues Updated Master Circular For AIFs

    SEBI, through notification dated 03.06.2026, issued the updated Master Circular for Alternative Investment Funds (“AIF Master Circular”), consolidating the circulars released by SEBI with respect to Alternate Investment Funds (“AIFs”) after the previous master circular on AIFs was issued on 07.05.2024 (“Existing Master Circular”).
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Revises Norms For The Appointment Of An Independent Third-party Reviewer/certifier For Green Debt Security

    SEBI, by way of circular dated 27.02.2026 ("NCS Circular")1 , has revised the norms for appointment of an independent third-party reviewer/certifier for green debt securities.
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Revises Reporting Framework For Alternative Investment Funds (AIFs)

    The Securities and Exchange Board of India ("SEBI") by way of circular dated 04.03.20261 ("AIF Circular")...
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    DPIIT Issues Revised SOP For Processing FDI Proposals.

    The Department for Promotion of Industry and Internal Trade (“DPIIT”), on 04.05.2026, has issued the revised Standard Operating Procedure (“SOP”) for processing Foreign Direct Investment (“FDI”) proposals (“Revised SOP”).
    IndiaGovernment, Public Sector
    Sagus Legal
    Sagus Legal
  • Article

    MCA Re-issues Advisory For Stakeholders For Name Reservation And Incorporation Of Company And LLP.

    MCA has re-issued an Advisory for stakeholders for Name Reservation and Incorporation of Company and LLP on 25.03.2026 (“Advisory”) adding further clarifications...
    IndiaIntellectual Property
    Sagus Legal
    Sagus Legal
  • Article

    APTEL Holds Timeline For Commissioning Under PPA Has To Be Reckoned From Effective Date And Not The Execution Date

    The Appellate Tribunal for Electricity ("APTEL"), through its judgment dated 03.02.2026 in Krishna Windfarms Developers Pvt. Ltd. v. CERC & Ors.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    APTEL Lays Down Triple Test For An Event To Qualify As A Force Majeure Event

    SPPL had dismantled a 12 MW generating unit on account of increase in cost and non-availability of bagasse and sought reduction of export capacity under the Force Majeure clause of the PPA. APTEL held that such circumstances are ‘usual and natural events' which could have been foreseen at the time of execution of the PPA and do not constitute a Force Majeure event.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    High Court Of Delhi Holds That Filing Of An Application Under Order VII Rule 11 Of Civil Procedure Code, 1908, Does Not Extend Or Revive The Limitation Period For Filing Written Statement In Commercial Suits.

    The High Court of Delhi, by way of its judgment dated 23.03.2026 in IDBI Trusteeship Services Ltd. v. Manish Jain & Ors...
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    High Court Of Delhi Holds That Property Purchased From Proceeds Of Crime Prior To Enforcement Of The Prevention Of Money Laundering Act, 2002 May Still Be Liable To Attachment If Possession Continues Thereafter.

    The High Court of Delhi, by way of its judgment dated 16.03.2026, in the matter of Directorate of Enforcement v. M/s. Mahanivesh Oils & Foods Pvt. Ltd.1, allowed the appeal against the order of the Single Judge...
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Affirms That Cheque Dishonour Complaints Cannot Be Quashed At The Pre-trial Stage Once Ingredients Of Section 138 Of The NI Act Are Satisfied

    The Supreme Court through its judgement dated 07.04.2026 in Renuka v. the State of Maharashtra & Anr. affirmed that where the basic ingredients of an offence under Section 138 of the Negotiable Instruments Act, 1881 are satisfied, the complaint cannot be dismissed at the pre-trial stage on the ground that the cheque was not issued towards a legally enforceable debt.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds Principles Of Natural Justice Do Not Require Personal Hearing Before Classification As Fraud, However Furnishing Of Forensic Audit Report Is Mandatory

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

    Supreme Court Holds That An Unsuccessful Party In Arbitration May Invoke Section 9 Of The A&C Act To Seek Interim Reliefs At The Post-Award Stage

    The Supreme Court, through its judgement dated 24.04.2026 in the matter of Home Care Retail Marts Private Limited v Haresh N. Sanghavi held that any party to an arbitration agreement, including an unsuccessful party in arbitration, may invoke Section 9 of the A&C Act at the post-award stage.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds That Limitation Period To File An Application Under Section 34 Of The A&C Act Is To Be Reckoned From The Date On Which Application Under Section 33 A&C Is Disposed Off

    The Supreme Court through its judgment dated 02.06.2026 in the matter of National Highway Authority of India v T. Younis & Another held that the limitation period for filing an application challenging the arbitral award is to be computed from the date on which the application under Section 33 of the Arbitration and Conciliation Act, 1996 (“A&C Act”) is disposed off by the arbitral tribunal.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds That Once An Order Under Section 8(3) Of The PMLA Is Challenged, A Deemed Embargo Operates On The Conclusion Of Proceedings Under Section 8(7) Of The PMLA

    Supreme Court through its judgement dated 06.02.2026 in M/s Nav Nirman Builders & Developers Pvt. Ltd. v Union of India held that, once an order confirming attachment under Section 8(3)...
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds That The Plea Of Set-off Can Be Raised As A Defence In Arbitration Proceedings Even After Approval Of Resolution Plan.

    The Supreme Court of India, by way of its judgement dated 20.03.2026 in the matter of Ujaas Energy Limited v. West Bengal Power Development Corporation Limited...
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Reaffirms The Limits Of Writ Jurisdiction And Holds That Co-Operative Milk Unions Are Not ‘State’

    The Supreme Court through its judgement dated 10.04.2026 in the matter of Ram Chandra Choudhary & Others v Roop Nagar Dugdh Utpadak Sahakari Samiti Limited & Others held that District Co-operative Milk Unions (District Milk Unions) are not ‘State’ under Article 12 of the Constitution of India, 1950.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    High Court Of Delhi Holds That A Developer Cannot Forfeit Buyer’s Payments And Cancel The Allotment In The Absence Of Proof Of Default Or Actual Loss

    The High Court of Delhi, through its judgment dated 18.05.2026 in the matter of M/s R.C. Sood & Co. Developers Pvt. Ltd. v. Sharad Maheshwari & Anr., dismissed an appeal challenging the decree of District Judge directing refund of INR 18,00,000/- to the purchasers in a real estate dispute arising out of cancellation of a villa allotment and alleged forfeiture of earnest money.
    IndiaReal Estate and Construction
    Sagus Legal
    Sagus Legal

Showing 81–100 of 316 results

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