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A Division Bench of the Hon'ble Delhi High Court in a writ petition involving Equity Intelligence AIF Trust (the Fund) ruled that a Category III Alternative Investment Fund (AIF) shall be treated as a determinate trust insofar as the identity of the investors and their respective shares are set out in the contribution agreements (see Equity Intelligence AIF Trust v CBDT and Anr, 2025:DHC:6170-DB).

SEBI, vide circular dated 30 April 2026 has introduced a fast-track mechanism for launch of schemes/fund in respect of the Private Placement Memorandum filed under the SEBI (Alternative Investment Fund) Regulations, 2012 as part of SEBI’s continuing efforts to streamline regulatory processes and enhance the ease of doing business.

SEBI, vide its circular SEBI/HO/IFSC/CIR/P/2019/91 dated 9 August 2019 harmonized the provisions governing investments by AIFs incorporated in IFSC with those provisions governing investments by domestic AIFs.

The Multiplex Association of India and PVR Limited challenged the following two orders issued by the Controller of Legal Metrology, an authority appointed under the Legal Metrology Act, 2009, in Writ Petition No. 27029 ...

At present, the Drugs and Cosmetics Rules, 1945 (Drugs Rules) regulate 15 categories of medical devices as drugs.

The Insurance and Regulatory Development Authority of India (IRDAI) has formally withdrawn its guidelines on Indian ownership and control dated 19 October 2015 (IOC Guidelines)

The Union Cabinet on 28 August 2019 has issued a press release proposing some significant changes to the Foreign Direct Investment ("FDI") policy of the Government of India, specifically relating to 4 (four) sectors as detailed below.

On 23 July 2026, the Department for Promotion of Industry and Internal Trade (DPIIT) issued Press Note No. 3 (2026 Series) (PN3), introducing a significant but targeted relaxation to India’s foreign direct investment (FDI) framework for the e-commerce sector. Under the existing framework, FDI is permitted in business-to-business (B2B) e-commerce and the marketplace model of e-commerce. However, it is not permitted in the inventory-based business-to-consumer (B2C) model, where the e-commerce entity owns the inventory and sells directly to consumers.

The Supreme Court of India (SC) in its judgment dated 7 February 2023 in "Rana Ayyub v. Directorate of Enforcement through its Assistant Director",2023 SCC OnLine SC 109...

Larsen & Toubro Limited (L&T) filed a writ petition against Punjab National Bank (PNB), the Indian Banks Association (IBA) and the Reserve Bank of India (RBI)...

Formerly, the FEMA regulations only provided for compounding as the sole remedy for regularizing a delayed reporting, the process of which was extremely time consuming.

The Amendments have put the onus on the Committee of Creditors to approve resolution plans which are viable and made by credible applicants to ensure that the resolution process protects and preserves the value of viable assets...

On 24 July 2020, the National Company Law Appellate Tribunal (NCLAT), in its decision in GRIDCO Limited v Surya Kanta Sathapathy and Others [C.A. (AT) (Insolvency) 1271 of 2019] ...

The Supreme Court of India (SC) by way of a judgment in Vallal RCK v. Siva Industries and Holdings Limited & Ors, Civil Appeal Nos. 1811-1812 of 2022 dated 03 June 2022 reaffirmed the...

The NCLAT, vide its judgment in Usha Holdings LL.C. & Anr v Francorp Advisors Pvt Ltd (Company Appeal (AT) (Insolvency) No. 44 of 2018) dated 30 November 2018, held that the NCLT cannot determine ...

On 1 November 2019, the Insurance Regulatory and Development Authority of India (IRDAI) notified the IRDAI (Insurance Intermediaries) (Amendment) Regulations 2019 (Intermediaries Regulations).

In, Glenmark Pharmaceuticals Ltd v Galpha Laboratories Limited and Ors [Notice of Motion (L) NO. 1890 of 2018 in COMIP (L) No. 1063 of 2018], the Bombay High Court...

In Cargil India Private Limited v M/s. M.M. Oil Enterprises (Notice of Motion No 1107 of 2019 in COMIP No. 425 of 2017), the Bombay High Court (Court) has once again passed a notable order whereby the Court imposed a sentence ...