Insolvency law amendments streamline default records, disclosure, liquidation claims and personal guarantor asset reporting.
The Insolvency and Bankruptcy Board of India has amended multiple regulations to align them with the Insolvency and Bankruptcy Code (Amendment) Act, 2026. The information utilities framework now uses the broader term financial institution, provides for issuance of a record of default on debtor confirmation or non-response after reminders, and introduces a standardised Information of Dispute output where default is disputed. Other amendments revise disclosure for pre-packaged insolvency applications, claims handling and termination in voluntary liquidation, asset disclosure and coordination requirements in personal guarantor processes, and align grievance, inspection, and disciplinary provisions with the amended Code.

Answer sheet verification and re-evaluation process moves online with Aadhaar-based access, digital payment, and strict submission deadlines.
CBSE has activated an online portal for verification of issues in scanned answer books and re-evaluation of answers, limited to students with scanned copies of their evaluated sheets. The process must be completed online within the prescribed window, with Aadhaar-based login, digital payment, and locked submissions after the freeze-and-proceed step. Students may report specific discrepancies in scanned copies, use designated payment gateways, and rely on Aadhaar details of parents, relatives, or guardians where the student does not have Aadhaar.

Online re-evaluation and verification portal opens with Aadhaar-based login, digital payment and strict submission limits.
CBSE has opened an online portal for verification of issues in scanned answer books and re-evaluation of answers, available only to students who have obtained scanned copies of evaluated answer books. Applications must be filed online within the prescribed window using Aadhaar-based login, with payment completed digitally through designated gateways. The board permits only one application each for verification and re-evaluation, and details become locked once submitted for payment.

Re-evaluation portal security and online filing rules shape CBSE's answer-book verification process for students seeking review
CBSE reported cyberattacks on its re-evaluation portal and said the online facility for verification of issues in scanned answer books and re-evaluation of answers was available only to students who had obtained scanned copies of evaluated answer books. The portal required Aadhaar-based verification, permitted online-only submission and payment, allowed only one application each for verification and re-evaluation, and treated details as locked after the payment stage was initiated. The process covered specified scanning and evaluation issues, used a limited filing period, and communicated the request outcome after completion.

Artificial intelligence and data science training expands through a new industry-linked lab, certifications and practical learning programmes.
Chandigarh University established an 'IndiaAI Data Lab' in collaboration with Intel India to strengthen student employability through industry-relevant training in artificial intelligence, data science and emerging technologies. The lab is intended to function as a simulated apprenticeship and practical learning space for computing and computer science engineering students, with access to AI tools, real-world projects and hands-on exposure aligned with global industry standards. As part of the same partnership, the university launched MCA (Data Science) and BCA (Data Science) programmes in association with Intel India, with semester-wise Intel certifications to improve industry readiness.

Verification of answer books and re-evaluation portal opens for board exam students through a fully online process.
CBSE opened an online portal for students with scanned copies of evaluated answer books to seek verification of issues in those copies and re-evaluation of answers. The process is available only online, requires Aadhaar-based login, permits only one application each for verification and re-evaluation, and must be completed within the stated timeline. The verification facility covers missing pages, blurred pages, missing supplementary sheets, incorrect answer books and similar issues, while re-evaluation may be sought for one or more questions across subjects.

Premium group travel expansion drives curated tours, repeat customers, and Series A discussions for growth.
JOY-N-CREW Vacations LLP is a Pune-based premium group travel company founded in 2022 and expanded to seven Indian cities. It reports serving over 5,000 guests, a 78% repeat customer rate, and a travel model built around curated international tours, cultural immersion, central accommodations, doctor-on-call support, and unhurried itineraries. The company has also entered premium educational travel and says it is in advanced discussions for Series A funding to support expansion, technology development, and a broader tour portfolio.

Cooperative fund misappropriation alleged through fabricated entries and diversion of government deposits for personal use.
Cooperative funds management was alleged to have been manipulated through fabricated day-book entries and diversion of government deposits by a former secretary of a service co-operative society. The allegations concern misappropriation of funds entrusted during his tenure, where the account records were shown as balanced while the corresponding cash was not deposited into the cooperative bank. The funds were stated to have been meant for agricultural and cooperative development schemes and were allegedly diverted for personal use.

Corporate Social Responsibility through zero coupon zero principal instruments enables regulated funding for public welfare projects on social stock exchange.
Corporate Social Responsibility has been expanded to include subscription to zero coupon zero principal instruments on the Social Stock Exchange, with Schedule VII widened to cover this activity. The CSR Policy Rules, 2014 now define Not for Profit Organization and Zero Coupon Zero Principal Instrument and prescribe conditions for implementation through such instruments under Rule 4A. The framework assigns project execution and evaluation to the NPO, requires issuance in accordance with Securities and Exchange Board of India regulations, and caps company expenditure on such instruments at ten per cent of annual CSR spend.

Securities market fraud and disclosure violations: Supreme Court sets aside disgorgement while sustaining penalty for position-limit breach
The Supreme Court partly allowed the appeal in SEBI proceedings concerning trading in Reliance Petroleum Ltd. shares and set aside the finding of fraud under the PFUTP Regulations as well as the disgorgement order. It nevertheless upheld the penalty linked to violation of disclosure requirements under the SEBI circular on position limits. The Court also directed refund of the amount deposited in the Investor Protection Fund under an earlier interim order.

Cooling-off period for retired judges rejected as unnecessary where capable adjudicators are needed in tribunals and other bodies.
Post-retirement appointments of judges to tribunals and other government bodies remain a contested policy issue, with the Law Minister stating that there is no justification for a mandatory cooling-off period for retired judges who are mentally sound, capable and judged to have served well. The remarks emphasise the need for experienced adjudicators in vacancy-ridden institutions such as the NCLT and NCLAT, and extend to other assignments including the NHRC, Lokpal, Law Commission, Press Council of India, and various committees and commissions.

IBC moratorium and cheque bounce prosecutions raised for larger bench consideration on criminal and compensatory aspects.
The Supreme Court referred to a three-judge Bench the question whether the IBC moratorium applies to cheque bounce proceedings under Section 138 of the Negotiable Instruments Act during insolvency proceedings. The reference also concerns whether the moratorium stays the entire prosecution or only the compensatory aspect, and whether directors or other vicariously liable persons can claim the same protection in cases of personal insolvency. The article notes the competing views on the criminal character of cheque dishonour proceedings and the recovery-related effect of the compensatory component.

Voter identity document allegations surface after cards were reportedly recovered from a party office and examined by police.
Allegations arose that a large number of voter identity documents, Aadhaar cards and ration cards were recovered from a local political party office in Kolkata's Tangra area. Police said nearly 300 documents were found in an almirah at the premises, while residents and political workers claimed the papers had been kept there to prevent people from exercising their franchise. Police said no formal complaint had yet been lodged, though the matter was under examination.

Election administration and commercial regulation dominate Supreme Court updates on voter rolls, GST, tribunal practice, and online gaming.
Election administration and electoral procedure featured prominently, with the Supreme Court upholding the Election Commission's power to conduct a Special Intensive Revision of voter rolls and leaving to the Commission a plea to modify VVPAT guidelines. The Court also said the ongoing trial in the 2023 Manipur ethnic violence should be expedited, and it addressed online hearings, language policy, transgender law challenges, retrospective GST on online gaming, tribunal practice restrictions, and the Amazon-Future Group dispute.

Electoral roll verification framework upheld as Aadhaar remains only an identity document, not proof of citizenship.
The Supreme Court examined the Election Commission's documentation framework for the Special Intensive Revision of electoral rolls and its authority to classify documents by evidentiary value. It recognised electoral roll preparation as a constitutional function requiring verification of residence, identity and eligibility, and said the Commission may design reasonable procedures suited to the survey. Aadhaar is not proof of citizenship or domicile, though it may be used for limited identity verification, and ration cards may be excluded for evidentiary unreliability.

Independence of the judiciary guides the bar on former tribunal members practising before the same tribunal system.
Retired judicial and technical members of the National Company Law Tribunal and the National Company Law Appellate Tribunal are prohibited from appearing, acting, pleading, or otherwise practising as advocates or consultants before those tribunals. The challenge concerned a regulation imposing a complete bar on such practice by former tribunal members, with the petitioner contending that a cooling-off period should replace the prohibition.

Anti-trust challenge over Amazon's investment deal leads to setting aside of penalty and deal suspension orders.
Challenge to anti-trust action concerning Amazon's investment deal with Future Group. The Supreme Court set aside the NCLAT order that had rejected Amazon's appeal, and also set aside the Competition Commission of India's order imposing a penalty and suspending the deal. The Court further directed refund of any amount deposited or recovered from Amazon pursuant to the impugned orders within eight weeks.

Perpetual lease termination and due process concerns arise over proposed possession of Delhi Gymkhana Club premises.
Termination of the Delhi Gymkhana Club's perpetual lease and the proposed handover of the premises were challenged on the ground that the stated defence-infrastructure rationale lacked genuine public purpose, that the action was contrary to Article 300A, and that compensation had not been addressed. The Centre stated that any eviction would be undertaken only in accordance with law and after due notice, with compensation possibly by money or alternative land. In view of that statement and the absence of material showing eviction proceedings, no interim directions were considered necessary at that stage.

Perpetual lease termination and eviction process challenged as the High Court declines interim restraint pending due process assurances.
Centre's termination of Delhi Gymkhana Club's perpetual lease and proposed eviction were challenged as lacking genuine public purpose and as threatening forced dispossession. The High Court, noting the government's assurance that possession would not be taken by force and that any eviction would follow due process and prior notice, refused interim restraint at that stage, issued summons, and deferred issues including locus, prior notice and the legality of the lease termination.

Pre-packaged insolvency resolution process listing approval marks a milestone in Lord's Mark Industries' transformation and market debut.
Lord's Mark Industries Ltd. received stock exchange listing approval under the IBC scheme of Pre-Packaged Insolvency Resolution Process (PPIRP), described as the first such approval for a company in India. The approval is linked to the company's planned public market debut and broader transformation strategy. The company says the milestone follows strategic rebuilding and institutional strengthening, and supports its next phase of expansion in healthcare, renewable energy, infrastructure and advanced technologies, with emphasis on resilience, governance, innovation and long-term value creation.