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Legislative & Regulatory Updates

CCI Approves OMERS Acquisition of Additional Shareholding in Azure Power

The Competition Commission of India (CCI) has approved the acquisition of certain additional shareholding in Azure Power Global Limited by OMERS Infra...

Sep 18, 20262 mins
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CCI Approves Acquisition of Stake in Great White Global by Investment Funds and Promoters

The Competition Commission of India (CCI) has approved the proposed acquisition of 50% of the issued and paid-up equity share capital of Great White G...

Sep 18, 20263 mins
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CCI Approves Acquisition of Three Cricket Franchises by Westview Cricket and Poonawalla Sports

The Competition Commission of India (CCI) has approved the acquisition of three professional cricket franchises: Rajasthan Royals in India, Paarl Roya...

Sep 18, 20262 mins
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CCI Approves Acquisition of Apollo Fertility Centre, Specialty Hospitals by Kids Clinic India

The Competition Commission of India (CCI) has approved a proposed combination involving Kids Clinic India Ltd. (KCIL), Apollo Fertility Centre Pvt. Lt...

Sep 2, 20263 mins
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CCI Approves TPG-Backed Acquisition of Aseem Infrastructure Finance

The Competition Commission of India (CCI) has approved a proposed combination involving the acquisition of Aseem Infrastructure Finance Limited (Aseem...

Sep 2, 20263 mins
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CCI Approves Yancoal Australia’s Acquisition of Kestrel Coal Group

The Competition Commission of India (CCI) has approved the acquisition of 100% equity interest and warrants in Kestrel Coal Group Pvt. Ltd. by Yancoal...

Aug 26, 20262 mins
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CCI Approves Cyient’s Acquisition of Tao Digital Solutions

The Competition Commission of India (CCI) has approved the acquisition of 100% of the share capital of Tao Digital Solutions Inc. by Cyient Limited. T...

Aug 26, 20262 mins
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Tribunal & Appellate Tribunal Updates

Liquidation Amendments Cannot Retrospectively Invalidate Prior Sale Orders: NCLAT

The National Company Law Appellate Tribunal has barred the retrospective application of liquidation regulatory amendments, ruling that a sale process ...

Sep 16, 20264 minsrefs1 Case Citationscitations1 Statute Refs
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NCLAT Reaffirms Strict 45-Day Limitation For Appeals Under IBC

The National Company Law Appellate Tribunal has slammed the doors on appeals filed beyond the statutory outer limit, ruling that it possesses no juris...

Sep 16, 20264 minsrefs4 Case Citationscitations1 Statute Refs
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IBC Section 32A Protection Extends To Going Concern Sales During Liquidation: NCLAT

The National Company Law Appellate Tribunal has fortified the 'clean slate' doctrine by ruling that the statutory immunity under Section 32A of the In...

Sep 14, 20264 minsrefs1 Case Citationscitations1 Statute Refs
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Section 94 IBC Process Not Shield For Personal Guarantors To Stall Recovery: NCLAT

The National Company Law Appellate Tribunal (NCLAT) has slammed personal guarantors for using insolvency proceedings as a tactical weapon to frustrate...

Sep 9, 20265 minsrefs1 Case Citationscitations2 Statute Refs
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NCLAT Invokes Equity To Close CIRP In Procedural Stalemate

The National Company Law Appellate Tribunal (NCLAT) has terminated insolvency proceedings against a viable corporate entity, ruling that the hyper-tec...

Sep 9, 20265 minsrefs2 Case Citationscitations1 Statute Refs
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NCLT Stays Approval of Subhash Chandra’s ₹6.25-Crore Repayment Plan

The newly constituted five-member Bench of the National Company Law Tribunal (NCLT), New Delhi, on September 1, stayed the NCLT Order on Subhash Chand...

Sep 1, 20263 mins
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NCLAT Sets Aside Resolution Plan Over Inflated Claims & Faulty IM

In a decisive blow to flawed insolvency proceedings, the NCLAT has quashed an approved resolution plan based on an inflated claim and a misleading Inf...

Sep 1, 20264 minsrefs6 Case Citationscitations3 Statute Refs
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High Court & Supreme Court Updates

Licensing Authorities Cannot Refuse Orchestra Permits On Vague Law And Order Grounds: Bombay HC

The Bombay High Court has delivered a stinging rebuke to executive overreach, ruling that the State cannot throttle the fundamental right to business ...

Sep 16, 20265 minsrefs4 Case Citationscitations4 Statute Refs
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Gujarat HC: Court Rejects Lifting the Corporate Veil to Fasten Tax Liability on Director

In a decisive check on the Revenue's power to pierce the corporate form, the Gujarat High Court has ruled that a director’s substantial shareholding i...

Sep 11, 20264 minsrefs2 Case Citationscitations3 Statute Refs
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Contractual Staff Cannot Claim Permanency Under Amalgamation Scheme: Sikkim HC

The Sikkim High Court slammed the door on regularisation claims by fixed-term employees, ruling that benefits under a corporate amalgamation scheme ar...

Sep 11, 20264 minsrefs1 Case Citationscitations3 Statute Refs
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Dissolution of Partnership Firm at Will entitles Partners to current valuation of property: SC

Preventing reconstituted partnership firms from illegally retaining assets of dissolved firms, the Supreme Court has ruled that upon the dissolution o...

Sep 9, 20265 minsrefs3 Case Citationscitations2 Statute Refs
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Clean Slate Theory under IBC: Bombay HC quashes VAT dues Post-Resolution Plan Approval

The Bombay High Court has reinforced the 'clean slate' doctrine under the Insolvency And Bankruptcy Code, 2016, quashing a tax demand and ordering the...

Sep 8, 20264 minsrefs5 Case Citationscitations3 Statute Refs
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NOIDA Cannot Penalty Homebuyers Or SRA For Developer Defaults: SC

Shielding distressed homebuyers from statutory penalties, the Supreme Court ruled that time extension charges levied by local authorities due to devel...

Sep 3, 20264 minsrefs1 Case Citationscitations2 Statute Refs
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Blacklisting Order Passed Without Prior Show Cause Notice Non-Est: Gujarat HC

Blacklisting a contractor without serving a prior show-cause notice constitutes a fatal violation of natural justice, rendering the penal action legal...

Aug 27, 20264 minsrefs3 Case Citationscitations3 Statute Refs
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Law & Policy

Know Why IBBI Proposed Safeguards for Personal Guarantors After Subhash Chandra Case

The Insolvency and Bankruptcy Board of India (IBBI) has issued a Discussion Paper proposing four amendments to the Insolvency and Bankruptcy (Applicat...

Sep 16, 20266 mins
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What is Emergency Credit Line Guarantee Scheme? ECLGS 5.0 Explained

The Emergency Credit Line Guarantee Scheme is a government-backed credit guarantee programme designed to help businesses access additional working cap...

Sep 8, 20264 mins
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CCI Notifies Commitment Amendment Regulations, 2026; Filing Window extended to 60 days

The Competition Commission of India (CCI) has notified the Competition Commission of India (Commitment) Amendment Regulations, 2026. It amends the com...

Aug 20, 20264 minscitations2 Statute Refs
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