Experts call for clarity as MCA's fast-track merger proposal expands in scope

The Ministry of Corporate Affairs proposes amendments to fast-track merger rules, expanding the scope under Section 233 of the Companies Act, 2013. Th...

Taxmen defy 'clean slate' rule, hit insolvent firms with fresh demands

Despite the IBC's 'clean slate' provision and court rulings, tax authorities are levying fresh tax demands on companies emerging from insolvency, trap...

India's fast-track merger framework opens doors for global M&A and group-level reorganisations

The Ministry of Corporate Affairs proposes amendments to fast-track merger rules, expanding eligibility under Section 233 of the Companies Act, 2013. ...

Sebi to review if regulations can work with lesser compliance, lower cost, says Chairman Tuhin Kanta Pandey

SEBI plans to simplify regulations for the capital market. Tuhin Kanta Pandey, chairman of SEBI, mentioned this in an interview. The goal is to reduce...

IRDA fined Flipkart ₹1.06 crore for this insurance related violation; here's how it impacts policy buyers

IRDAI has penalized Flipkart Rs 1.06 crore for violating e-commerce norms related to online insurance distribution. Flipkart was found redirecting cus...

SEBI warns of securities market frauds via YouTube, Facebook, X and more

Alarmed at frauds related to securities market on various social media platforms, capital markets regulator SEBI has issued an advisory for investors ...

SBI initiates insolvency proceedings against Reliance Infrastructure's SU Toll Road

State Bank of India has commenced insolvency proceedings against SU Toll Road Private Limited, a subsidiary of Reliance Infrastructure Limited. SBI fi...

Executive at Tom Girardi's law firm gets 10-year sentence for wire fraud

Christopher Kamon, the former CFO of Tom Girardi's law firm, received a 121-month prison sentence for wire fraud, involving the theft of millions in c...

Law firm targeted by Trump sues as five other top firms make deals

President Trump's administration faces a new lawsuit from Susman Godfrey over executive orders sanctioning law firms, alleging constitutional rights v...

Centre notifies appointment of Justice Arun Palli as Chief Justice of Jammu & Kashmir and Ladakh HC

Last week, the Supreme Court Collegium recommended elevating Justice Arun Palli to the position of Chief Justice of the High Court of Jammu & Kashmir ...

Former SC judge Dinesh Maheshwari likely to head law panel

Justice (retd) Dinesh Maheshwari is expected to be appointed as the chairperson of the 23rd Law Commission, which was established last September for a...