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    SIR shadow looms over Winter Session as govt seeks Opposition's support
    Verdict must not be tossed out with change of judge: Justice Nagarathna
    Parliament Winter session: Govt to push reform agenda, Oppn to take on govt over SIR
    GRSE receives notice from NSE, BSE for non-compliance of corporate governance provisions
    Allahabad HC rejects bail plea of Chinese citizen accused of possessing forged passport
    SC dismisses Byju Raveendran's plea against NCLAT order
    Bawankule orders crackdown on illegal birth-death certificates; orders cops to register FIRs
    Plea that SIR of electoral rolls wasn't held earlier not ground to challenge: SC
    Sebi mulls relaxed framework for issuing duplicate securities certificates
    Reform-oriented India taking big decisions, now trusted partner for investors: PM at Safran event
    PM Modi launches Safran aircraft engine facility in Hyd, says India trusted partner for investors
    Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chairs review meeting with Regional Directorates and Registrar of Companies i...
    IEPFA and SEBI to organize ‘Niveshak Shivir’ in Jaipur on 6th December 2025
    Secretary, DFS chairs review meeting to discuss issues related to pending IBC cases at NCLT
    6 Aadhaar cards recovered from roadside in Salt Lake amid SIR row
    Aadhaar cards dumped on footpath near Kolkata recovered
    Bill on civil nuclear sector among 10 proposed legislations planned for Parliament winter session
    IICA and DGR successfully conclude third batch of Certification Program for senior Defence Officers
    ED finds IBC 'misuse' in land sale; seizes Rs 50 lakh in cash from NCLT lawyer, others
    SFIO institutes safeguards to prevent misuse of summons and notices
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    November 30, 2025
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    Winter session faces potential disruption over Special Intensive Revision demands amid a major reform legislative agenda.
    Debate over the Special Intensive Revision of electoral rolls has led opposition parties to demand parliamentary discussion and threaten disruption if the issue is not scheduled; the government has listed a reform agenda including the Securities Markets Code, a Corporate Laws Amendment, liberalisation of the civil nuclear sector, a Higher Education Commission, and other measures, while stressing continued engagement and reliance on procedural decisions to ensure the session functions.
    November 30, 2025
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    Judicial verdicts should remain final despite changes in judges to preserve rule of law and public confidence.
    Finality of judicial verdicts is essential to preserve the rule of law and public confidence; verdicts should not be set aside simply because the judges who authored them have changed or demitted office. Recent reversals of orders, including on retrospective environmental clearances and a corporate insolvency liquidation direction, exemplify concerns about decisions being reopened by succeeding benches at the behest of aggrieved parties. Upholding verdict finality ensures judicial orders binding parties are conclusive, prevents endless litigation, and sustains trust in the judiciary.
    November 30, 2025
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    Winter session advances bills on civil nuclear opening, securities code consolidation, and corporate law reform.
    The session will advance reform bills including the Atomic Energy Bill opening civil nuclear participation to private players; the Securities Markets Code Bill to consolidate securities and depository laws into a single code; and the Corporate Laws (Amendment) Bill to amend company and LLP law for ease of doing business, alongside a Higher Education Commission Bill, a National Highways amendment for land acquisition, proposed arbitration amendments, consideration of prior bills, and a supplementary budget.
    November 29, 2025
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    Garden Reach Shipbuilders & Engineers Ltd received exchange notices and fines for non-compliance with SEBI corporate governance rules.
    Notices allege failure to comply with SEBI listing obligations-Regulations 17(1), 18(1) and 19(1)/19(2)-for missing independent directors including a woman director and for incomplete audit and nomination and remuneration committees; exchanges imposed fines of Rs 9,77,040 each inclusive of GST. The company states that, as a Central Public Sector Enterprise, board appointments are made by the Government of India via Presidential Orders, attributes the shortfall to delayed government appointments beyond its control, has sought penalty waivers, and is pressing the promoter ministry to expedite appointments to secure compliance.
    November 28, 2025
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    Chinese citizen accused of forged travel documents denied bail due to flight risk and lack of extradition
    Bail application by a Chinese national accused of possessing a forged Indian passport, forged Aadhaar and an altered visa was opposed on grounds that case-diary material indicates unlawful stay and involvement in extraction and shipment of mobile chips, use of forged documents to obtain rent, and a co-accused has fled; India's lack of an extradition treaty with China and the risk of absconding were treated as pertinent to the bail decision.
    November 28, 2025
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    Byju's settlement must be placed before the Committee of Creditors for approval when constituted during insolvency proceedings.
    The question is whether a settlement and application to withdraw the Corporate Insolvency Resolution Process must be placed before the Committee of Creditors for approval when the CoC is constituted during proceedings; NCLAT required CoC approval for BCCI's withdrawal application and treated the settlement as subject to CoC oversight even though the claim was paid by a promoter.
    November 27, 2025
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    Illegal birth and death certificates targeted for cancellation and police action under tightened verification rules.
    Administrative directive mandates cancellation of birth and death certificates issued solely on the basis of Aadhaar or found defective, initiation of criminal proceedings where application data conflicts with Aadhaar dates, and listing of untraceable beneficiaries as absconding with FIRs to be registered; officials must scrutinise records using 16 parameters and conduct special drives and camps to withdraw certificates and clear pending cases in identified hotspots.
    November 26, 2025
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    Special intensive revision of electoral rolls upheld as Commission's verification power; Aadhaar not conclusive proof of citizenship.
    The court held that the novelty of the special intensive revision does not invalidate the Election Commission's decision; the Commission has an inherent power to determine the correctness of entries in Form 6. Inclusion on electoral rolls carries a presumption of validity, deletions require notice and a fair process, and Aadhaar is admissible as one document but not conclusive proof of citizenship.
    November 26, 2025
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    SEBI proposes doubling the simplified documentation limit for duplicate securities to Rs 10 lakh, with standard affidavit and demat rule.
    Sebi proposes increasing the simplified documentation threshold for issuance of duplicate securities from Rs 5 lakh to Rs 10 lakh, exempting eligible investors from submitting FIRs, police complaints, court orders or newspaper advertisements; introducing a common affidavit cum indemnity form; applying stamp duty based on the investor's state of residence; clarifying that listed companies should issue loss advertisements; and requiring duplicate securities to be issued in dematerialised form.
    November 26, 2025
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    India's regulatory reforms and FDI liberalisation underpin a new LEAP-engine MRO facility to build indigenous capacity and jobs.
    India has enacted regulatory measures-including decriminalisation of business provisions, a National Single Window System, GST reforms, faceless tax assessment, new labour codes and the insolvency and bankruptcy code-alongside liberalised foreign investment rules to simplify compliance, increase transparency, and attract capital. These reforms are linked to strategic industrial outcomes, notably the establishment of a Deep Level Servicing facility for LEAP engines to build indigenous MRO capacity, reduce overseas MRO dependence, create skilled jobs, and strengthen supply chain resilience.
    November 26, 2025
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    Safran's new MRO facility boosts domestic LEAP engine servicing, reduces overseas dependence, and creates skilled aviation jobs.
    The government's regulatory reforms-decriminalisation of business provisions, National Single Window, GST and faceless tax reforms, new labour codes, and insolvency framework-are presented as simplifying compliance and improving transparency to attract foreign investment and OEMs. These measures underpin the creation of domestic MRO capacity, exemplified by the Safran Aircraft Engine Services India facility for LEAP engines, intended to reduce overseas MRO dependence, strengthen supply-chain resilience, create skilled jobs, and position the country as a global MRO hub.
    November 26, 2025
    Show AI Summary
    MCA to simplify corporate compliance, harmonise forms, build live dashboard for transparency and ensure time bound processes for stakeholders.
    Directives emphasise simplifying corporate regulatory processes by harmonising forms, standardising enforcement and 3Is manuals, compounding procedures, faster processing of incorporation/voluntary exit and fast track mergers, reducing compliance burden, providing electronic stakeholder guidance, and building a live dashboard to enhance transparency and ensure time bound delivery of MCA services.
    November 26, 2025
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    IEPFA and SEBI organize a Jaipur Niveshak Shivir for direct recovery of unclaimed dividends and on-site KYC updates.
    IEPFA and SEBI will jointly conduct a Niveshak Shivir in Jaipur on 6 December 2025 to enable direct recovery of unclaimed dividends held for six to seven years, immediate resolution of pending IEPFA claims, and on-the-spot KYC and nomination updates, using dedicated kiosks and direct engagement between investors, companies and RTAs for grievance redressal.
    November 26, 2025
    Show AI Summary
    Pending IBC cases at NCLT require stricter admission and resolution timelines, with PSBs personally monitoring top cases.
    The Secretary, DFS directed strict adherence to timelines for admission and resolution under the CIRP, urged PSBs to pursue early filing and coordinated decision-making on cases with pending Resolution Plans, and required Resolution Professionals to file undertakings before the Special PMLA Court for restitution of assets attached by the Enforcement Directorate in accordance with the IBBI circular dated 4 November 2025.
    November 23, 2025
    Show AI Summary
    Six discarded Aadhaar cards found; police investigating and contacting listed individuals amid electoral roll revision concerns.
    Six discarded Aadhaar cards bearing addresses in multiple states were seized after being found near a garbage bin; police have launched an investigation and are coordinating with respective state police to contact listed individuals and verify how the documents came to be discarded amid the Special Intensive Revision of electoral rolls.
    November 23, 2025
    Show AI Summary
    Aadhaar cards found dumped on a footpath; police recovered multiple out of state cards and launched an investigation.
    Several Aadhaar cards bearing addresses from other states were found dumped on a Salt Lake footpath near Kolkata; morning walkers informed Bidhannagar North Police Station, which recovered multiple cards and initiated an investigation into why the identity documents were discarded.
    November 22, 2025
    Show AI Summary
    Civil nuclear sector bill to allow private participation alongside broader corporate, securities, education and infrastructure reforms.
    A winter session legislative agenda includes an Atomic Energy Bill to permit private participation and govern atomic energy; a Higher Education Commission Bill to create an autonomous accreditation and governance framework for higher education; a Corporate Laws amendment for ease of doing business; a Securities Markets Code consolidating key securities statutes; amendments to arbitration law; and a National Highways amendment to expedite transparent land acquisition, alongside consideration of two earlier bills and a supplementary budget.
    November 22, 2025
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    Defence officers trained in corporate governance and independent directorship, emphasizing fiduciary duties and regulatory compliance.
    The two-week Directors' Certification program trained defence officers in corporate governance, board roles, financial stewardship, audit committee functions, enterprise risk management, CSR and ESG, addressed the regulatory framework under the Companies Act and SEBI LODR, emphasised fiduciary duties to stakeholders including protection of minority interests, and positioned participants to register with the Independent Directors' Databank managed by IICA.
    November 21, 2025
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    IBC misuse in land sale: seized unexplained cash, alleged bid rigging, creditor nexus and RP negligence.
    ED alleges misuse of the IBC through an under-valued sale of insolvent company land during the corporate insolvency resolution process; searches of intermediaries, including an NCLT advocate, recovered Rs 50 lakh in unexplained cash and digital evidence of illicit consideration arranged outside creditor or successful resolution applicant approval, and the probe alleges pre-determined bids, bid rigging, a nexus with a secured creditor official, and negligence by the Resolution Professional.
    November 21, 2025
    Show AI Summary
    SFIO introduces digital summons with QR codes and DINs for instant online verification to prevent impersonation.
    SFIO requires summons and notices to be digitally generated with a QR code and unique Document Identification Number (DIN), with officers mandated to issue digital communications except in rare exceptional cases; recipients can verify authenticity by scanning the QR code or using SFIO's online verification portal, and a multi-layer oversight mechanism governs issuance to prevent impersonation or misuse.

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