NSE IPO: Sebi grants NOC after decade-long stall following settlement approval and regulatory review process
Sebi granted a no-objection certificate allowing the National Stock Exchange to proceed with its long-pending IPO after an internal committee review and an in-principle approval of the exchange's settlement plea in the unfair market access case, addressing earlier governance lapses and the co-location controversy that had previously impeded approval of the 2016 offer for sale.

Contract Verse streamlines contract lifecycle management with AI tools, centralized repositories, and Aadhaar eSign and DSC support.
Contract Verse centralizes contract lifecycle management-creation, collaborative review, approval, execution, renewal, and archival-with AI-assisted search, template workflows, centralized repository, audit trails, and e-stamping. It supports secure electronic execution through Aadhaar OTP-based eSign and Digital Signature Certificates, implements role-based access and enterprise security, and is represented as compliant with the Indian IT Act and relevant data-security benchmarks to ensure legal enforceability and governance of contracts.

IEPFA proposes 30-day refunds for low-value investor claims based on company verification reports to simplify processing.
Proposed amendments to the IEPFA Rules would create a streamlined mechanism for low-value claims, defined by monetary thresholds for physical shares, dematerialised shares and dividends, permitting refunds based solely on the company's verification report and imposing a reduced disposal timeline of 30 days. The draft also rationalises documentation, clarifies company responsibilities, and introduces a formal appeal mechanism for rejected claims to enhance transparency and investor-centric processing.

Insolvency resolution: IBC reforms to streamline CIRP, expedite large account reviews, and balance stakeholder interests.
The Insolvency and Bankruptcy Code is framed as the mechanism to deliver transparent, efficient debt resolution by streamlining the Corporate Insolvency Resolution Process in a time bound manner while balancing stakeholder interests; challenges on timeliness and effectiveness are noted, and coordinated action by the Ministry of Corporate Affairs, the Insolvency and Bankruptcy Board and the Department of Financial Services-including periodical review of large public sector bank accounts-is advanced to expedite CIRP and improve asset realisations.

Special Intensive Revision of electoral rolls criticised as risking voter participation amid heated political rebuttals.
The dispute centers on the Special Intensive Revision of electoral rolls in West Bengal; Amartya Sen warned that an unduly hasty SIR could jeopardise democratic participation ahead of assembly elections, and political figures traded sharp criticisms-Suvendu Adhikari rebutting Sen's comment and the Trinamool Congress denouncing Adhikari's response as evidence of incapacity to comprehend economic or electoral issues.

Special Intensive Revision of electoral rolls raises Aadhaar admissibility and risks of disenfranchisement from mass deletions.
The Special Intensive Revision is an inherent electoral roll correction process involving additions and deletions; the exercise is defended as aimed at ensuring eligible voters while petitioners allege mass deletions, lack of transparent legal basis, and risk of disenfranchisement. The admissibility of Aadhaar was discussed: forgery risk alone cannot disqualify the identifier, though Aadhaar does not establish citizenship and may only prevent duplication. A core legal dispute concerns whether citizenship determination and removal from rolls require adjudication by the designated authority rather than administrative processing by electoral officers.

Aster DM Healthcare merger to convene shareholder and creditor meetings for approval, targeting completion by Q1 FY2026-27.
An order has been issued to convene shareholders and unsecured trade creditors meetings to approve the scheme of merger between Aster DM Healthcare and Quality Care India, with meetings to be fixed between February 27, 2026 and March 13, 2026. The transaction has obtained competition clearance and no-objection letters from stock exchanges, and completion is targeted by Q1 FY2026-27, subject to regulatory approvals and other conditions precedent.

Kiteskraft Productions LLP presents The Torchbearers, profiling leaders across business, education, health, tech, environment, and hospitality.
Kiteskraft Productions LLP presented "The Torchbearers: Leading with Purpose and Passion," profiling senior figures across corporate leadership, spiritual and cultural advisory, edupreneurship, literature and legal scholarship, clinical endocrinology, EdTech and digital examination platforms, environmental advocacy, community empowerment, and hospitality. The release emphasizes the event's aim to promote ethical leadership, social responsibility, creativity, and community engagement, notes Kiteskraft's ISO and MSME certifications and record recognition, summarizes participants' service offerings and institutional roles, and includes a media link and press-distribution disclaimer.

NEET aspirant death case: forensic report found semen; DNA profiling and police suspensions pending investigation.
Forensic analysis detected semen on the clothing of the deceased NEET aspirant; investigators will obtain a DNA profile from the material and match it with arrested suspects and other persons of interest. Two police officers were suspended for alleged dereliction of duty. A Special Investigation Team is handling the probe, while a medical board reviewing the case reports incomplete document disclosure from the SIT.

Jammu Crime Branch registers 17 FIRs for fraud and misuse of official positions involving PRCs and forged KYC.
Seventeen FIRs were registered by the Economic Offences Wing, Crime Branch Jammu after preliminary verification of written complaints alleging fraud, cheating, impersonation and forgery, misuse of official positions, tampering with public records, and wrongful losses to the government exchequer and financial institutions; complaints include irregular PRC issuance, forged KYC for bank loans, fake appointment letters, revenue irregularities, illegal financial gains and threats to complainants.

Multi-crore corporate insolvency fraud probe sought; petition asks for CBI, SFIO and ED investigations and NCLAT recording release.
Supreme Court sought responses from the Centre, Telangana, CBI, ED and SFIO on a petition alleging that suspended management of KLSR Infratech siphoned about Rs 148.87 crore, manipulated MCA records to evade CIRP status, obtained fresh loans and government tenders without IRP authorisation, and used state authority collusion and alleged judicial influence to stall insolvency proceedings. The petition requests CBI and SFIO probes into collusion, an ED money laundering investigation, release of NCLAT recordings, and correction of the company's MCA status to "under CIRP."

Alt Credit platform offers individual investors access to regulated institutional-quality real estate and corporate private credit.
Alt launched Alt Credit, a SEBI-registered stock broker and Online Bond Platform Provider (OBPP) on NSE, to offer institutional-quality, high-yield asset-backed real estate credit and private corporate bonds to individual investors. The platform lists secured real estate debt (reported yields 14-18%) and private corporate bonds (reported yields 10-14%) with investments from Rs. 25 lakh, and represents transactions executed under a regulated OBPP licence with escrow, trustee oversight, vetted documentation and institutional-grade underwriting.

Navia Backup emergency app enables market-based square-off of existing open positions during trading system disruptions.
Navia Backup is a standalone emergency application that enables clients to square off existing open positions at market price using infrastructure independent of Navia's primary cloud, OMS, RMS, and exchange connectivity. Access via the Navia App or website requires Client Code, Date of Birth, and OTP; executions are subject to exchange processing, market conditions, and available liquidity. The tool forbids new order placement, does not display holdings, margins, or market depth, and functions solely as a last-resort risk mitigation mechanism, not as a replacement for core trading systems.

Unitech projects: authorities must grant permissions and comply with orders so assets can be monetised to complete housing units.
Priority scheduling was fixed for Unitech project matters and state development authorities were directed to grant requisite permissions; non-compliance with earlier orders will attract serious consequences. The court reiterated that the Centre-appointed board may raise funds, sell unsold and unclaimed inventory, and monetise unencumbered assets to complete housing units, while environmental and local approvals must be granted and unresolved issues referred to the designated committee. Notices to financial institutions about stalled loan disbursal and NPA declarations remain effective.

Rays Power wins 300 MW renewable order worth INR 1,912 crore under co-development and EPC model.
Rays Power Infra was awarded a 300 MW renewable energy project worth INR 1,912 crore under its Co-Development Business Model, covering land aggregation, ISTS connectivity, and full EPC delivery, using modules sourced from its subsidiary's cell facility; the project is sited in a Karnataka renewable park with a three year commissioning target. The Company also states its Co-Development process includes SPV formation and transfer, EPC and O&M roles, and has filed a draft red herring prospectus for an initial public offer subject to approvals and market conditions.

DeepSnitch AI token presale touted amid rising regulatory scrutiny and enforcement targeting crypto remittances.
Regulatory scrutiny is intensifying as on chain settlement and CBDC testing advance and enforcement targets crypto remittance schemes; within that environment the document promotes DeepSnitch AI's token presale, highlighting its on chain surveillance tools, staking utility, and bonus codes, and includes an investor risk disclaimer, creating potential compliance and disclosure issues for issuers and intermediaries under corporate, securities and AML frameworks.

Media and entertainment private credit fund adopts debt-plus-profit-sharing structure, offering interest plus upside and five-year tenure.
SEBI-registered Category II AIF structured as a private credit income vehicle for media and entertainment, using a debt-plus-profit-sharing model that pairs contract-backed short-tenure debt with participation in content upside. The fund targets Rs. 300 crore (with a Rs. 300 crore green shoe), a five-year tenure, periodic interest payouts, capital redeployment during the first three years, and principal repayments from Year 4 with full return by Year 5.

Aadhaar enrolment centres project awarded to private firm under five-year contract to provide enrollment and lifecycle services.
A Rs 100-crore five-year contract was awarded to a private AI and tech-enabled company to establish and operate Permanent Enrollment Centres for Aadhaar, with responsibility to implement PEC infrastructure, integrate with UIDAI systems, and carry out Aadhaar enrolment, updates, supplementary services, and lifecycle management for residents.

Post Graduate Insolvency Programme registrations open; MoU fosters collaboration for insolvency training capacity and exams.
IICA opened registrations for the 8th batch of the Post Graduate Insolvency Programme and signed a Memorandum of Understanding with IIIPI ICAI to promote academic exchange, capacity building, research, training programmes, and knowledge sharing; IBPS will act as the examination partner and IIIPI ICAI will contribute curricular modules including Limited Insolvency Test and PREC preparation.

ICSI organizes training on corporate governance for international delegates covering compliance, sustainability and risk management.
ICSI is conducting a two-week residential programme for international delegates focused on corporate governance, compliance, risk management and sustainability, covering the Indian legal system, engagement with key regulators, ICSI Secretarial Standards for meetings, ethical stewardship, Indian Labour Codes, and sessions on ESG governance and sustainability disclosure, supplemented by a regulatory study tour.