Regulatory approval for merger secures stock exchange clearance and proceeds pending final regulatory sanction, enabling promoter consolidation.
SEBI approval has been granted for the merger by absorption of Gujjubhai Foods into Sumuka Agro Industries, subject to final sanction by the National Company Law Tribunal. The stock exchange previously issued a no-objection; the merger uses a share-swap mechanism providing equity in Sumuka Agro to Gujjubhai shareholders and will substantially increase promoters' ownership, affecting control and governance.

Corporate insolvency petition against a listed firm proceeds amid alleged fund diversion and market misconduct restrictions.
An insolvency petition was filed against Gensol Engineering by a creditor to commence corporate insolvency proceedings for recovery, while the securities market regulator issued an interim ban on the company and its promoters based on prima facie findings of fund diversion, mis utilisation of corporate assets, submission of forged lender letters, related party routing of funds, and alleged violations of prohibition of fraudulent and unfair trade practices, with directions for a forensic audit and procedural timelines for the company to respond to the interim order.

Merger control: Approval for Indorama Netherlands acquisition of a minority stake in EPL Limited announced.
The Competition Commission of India approved the proposed acquisition by Indorama Netherlands B.V. of a 24.9% equity stake in EPL Limited. Indorama Netherlands is an indirect subsidiary of Indorama Ventures Public Company Limited, and EPL Limited manufactures and sells packaging products, including laminated and extruded plastic tubes. A detailed order from the Commission will follow.

Competition approval: Acquisition of limited partnership interests cleared, enabling an investment fund to acquire minority stake in manufacturer.
CCI approved a proposed combination in which AIPCF VIII A-TE Funding L.P., a newly incorporated special purpose vehicle of the American Industrial Partners group, will acquire approximately thirteen percent of the limited partnership interests in Perseus Parent L.P., a manufacturer, marketer and distributor of engine components for light vehicles, commercial trucks and off highway vehicles; the Acquirer has no current investments or activities and a detailed Commission order will follow.

Competition approval enables Knowledge Realty Trust's REIT acquisition of Blackstone and Sattva group entities with unit consideration.
The Competition Commission approved Knowledge Realty Trust's direct and indirect acquisition of entities held by Blackstone, Sattva, and jointly held entities, with existing shareholders to be issued units of the Acquirer REIT as consideration; the Acquirer REIT is a contributory, determinate and irrevocable trust established under the Indian Trusts Act to hold income generating real estate and related assets in compliance with SEBI REIT regulations, and the targets operate in commercial real estate and renewable power.

Combination approval: demerger of MDO business and related share acquisitions between Thriveni entities and Lloyds cleared.
Combination approval concerns a corporate reorganisation: demerger of the MDO Business of Thriveni Earthmovers into newly incorporated Thriveni Earthmovers and Infra, together with acquisitions of majority shareholdings in the new entity by Lloyds Metals and Energy and related shareholding changes involving Lloyds Surya, transferring mining development and operations activities and effecting a change of control over the MDO business.

Loan fraud alleged after insolvency audit found diversion of funds, prompting arrest and ongoing investigations.
Allegations assert that a real estate promoter misrepresented facts to obtain bank loans and diverted loan proceeds to related parties and shell companies; a financial creditor initiated insolvency proceedings, an Insolvency Resolution Professional ordered an audit which allegedly revealed major financial discrepancies and fund diversion, and based on those findings the Economic Offences Wing registered a case and arrested the promoter while other criminal and Enforcement Directorate investigations continue.

Unclaimed shareholder assets: new initiative simplifies reclaiming dividends and shares through helpdesks, search facility and RTA assistance.
IEPFA and SEBI launched "Niveshak Shivir" to simplify reclaiming unclaimed dividends and shares through dedicated helpdesks and direct engagement with company representatives and RTAs. Dematerialised shareholders are advised to contact their company for support; physical shareholders should use the IEPFA search facility to verify transfer status and, if shares have been transferred, initiate recovery by filing the prescribed claim form or seeking assistance from the company RTA. The search facility is the primary means to determine current custody of shares.

Insolvency resolution: banks urged to expedite CIRP filings, oppose delays and monitor pending resolution plans proactively.
The review directed public sector banks to expedite insolvency case admission at the National Company Law Tribunal by minimising delays in filing CIRP applications, avoiding unnecessary adjournments, keeping alternative recovery channels active, opposing frivolous delay tactics, and vacating stay orders; banks must regularly review top problem accounts and monitor resolution plans pending with Committees of Creditors beyond three months to strengthen coordinated recovery and resolution efforts.

Predatory pricing: CCI adopts a sector agnostic cost based framework to assess alleged deep discounting in digital markets.
The Competition Commission notified the Determination of Cost of Production Regulations, 2025 adopting a sector agnostic, cost based assessment framework to evaluate alleged predatory pricing and deep discounting, enabling case by case analysis that accounts for digital market features, updates the 2009 regime, and rejects market value as a substitute benchmark while aligning with international practices.

Condonation of delay limited: appellate tribunals cannot extend statutory condonation period, preserving time-bound insolvency appeals.
The decision constrains an appellate tribunal's power to excuse late filings in insolvency appeals by enforcing the statutory temporal ceiling for condonation. An appellate body may exercise condonation of delay only within the limited additional period expressly prescribed beyond the initial limitation window; where the statute caps that extension, the tribunal lacks jurisdiction to permit further belated filings, preserving the speed and finality of the insolvency resolution process.

Company affairs probe under Section 210 prompts investigation into alleged fund diversion and governance lapses at two firms.
A ministry-ordered investigation under Section 210 has been initiated into Gensol Engineering and BluSmart Mobility for alleged fund diversion and corporate governance lapses following a securities regulator's order against the listed company's promoters; the Financial Reporting Review Board is reviewing 2023-24 financial statements for compliance with Accounting and Auditing Standards and Companies Act schedules, while an enforcement agency is separately probing Gensol.

Economic cooperation: India advances private sector growth and multilateral financing reforms to deepen renewable and green technology collaboration.
Ministerial meetings promoted private sector led growth and invitations for ADB to pilot innovative financing, citing India's reforms such as the Insolvency and Bankruptcy Code, GST, and Production Linked Incentives. Discussions with Italy centred on implementing the Joint Strategic Action Plan, enhancing bilateral trade and investment through Make in India and PLI schemes, and reforming Multilateral Development Banks to enable co financing and joint collaboration on green hydrogen, carbon capture, energy efficiency, and circular economy initiatives aligned with climate commitments.

Multilateral funding curbs urged to halt aid to states accused of supporting terrorism, seeking review of existing loan commitments.
Finance Minister Nirmala Sitharaman urged the Asian Development Bank to suspend or reconsider funding to Pakistan, arguing Pakistan backs and supports terrorist activity, and called on multilateral lenders to re-examine loans and assistance to that state. She referenced ADB's existing sovereign and public-sector commitments to Pakistan and, in bilateral meetings, promoted India as an alternative partner by highlighting reforms to support private-sector-led growth and inviting ADB to pilot innovative financing products and models.

Insider trading allegations prompt calls for SEBI prosecution over sharing of unpublished price-sensitive information.
Allegations of insider trading concern a director accused of sharing unpublished, price-sensitive information with a relative that allegedly produced ill-gotten gains, prompting calls for the market regulator to pursue prosecution rather than a light penalty. The article notes an unfinished investigation into multiple alleged securities law violations tied to the same corporate group despite a judicial directive, and contrasts domestic enforcement with a foreign regulator's pursuit of related bribery allegations and requests for cross-border assistance.

Deportation stay prevents removal pending citizenship verification while court also reviews detention, insolvency and statutory challenges.
The Court stayed deportation of six family members pending verification of their citizenship claims, sought information on detentions under the Jammu and Kashmir Public Safety Act, 1978, declined a fresh challenge to the Waqf (Amendment) Act, 2025, set aside a resolution plan as violative of the Insolvency and Bankruptcy Code, agreed to consider a challenge to an amended law on unlawful religious conversion, and reviewed property and academic suspension matters.

Insolvency and Bankruptcy Code breach: JSW Steel resolution plan rejected and liquidation directed under Section 33(1).
The JSW Steel resolution plan for Bhushan Steel and Power Ltd was declared illegal for contravening the Insolvency and Bankruptcy Code, with the resolution professional failing statutory duties and the Committee of Creditors approving the plan without proper application of commercial wisdom and accepting payments despite mandatory non compliance. Prior adjudicatory orders were set aside as perverse and lacking jurisdiction, and adjudicatory authority was directed to initiate liquidation proceedings invoking constitutional powers to enforce statutory insolvency mechanisms.

Ease of doing business strengthened through a single-window Corporate Bhavan consolidating corporate services to boost competitiveness.
The Government advances economic resilience by prioritising domestic efficiencies and competitiveness through simplified business regulations and strengthened corporate governance institutions. A new Corporate Bhavan will function as a consolidated single window interface to deliver timely corporate regulatory services, reduce costs, accelerate approvals and improve operational efficiency to enhance ease of doing business. The building also hosts the Prime Minister Internship Scheme Facilitation Centre to assist eligible youth with internship applications.

Single-window corporate interface established to streamline regulatory services and facilitate youth internship registrations under PMIS.
A centralised corporate facility creates a single-window interface by co-locating multiple Ministry of Corporate Affairs departments to streamline approvals, cut costs, and improve operational efficiency, while incorporating energy efficient and occupant wellbeing design features. The building hosts the inaugural Prime Minister Internship Scheme Facilitation Centre, staffed by a three-member team to identify eligible youth (aged 21-24) not in full time education or employment and provide registration assistance, career counselling, candidate opportunity matching, and outreach for internship placements.

Retail trader aptitude tests deemed impractical and overreach; regulator favors investor choice and discourages leverage.
Sebi rejected mandatory aptitude tests for retail Futures & Options traders as impractical and potentially a regulatory overreach, noting existing targeted certification for registered participants, the administrative impracticality of testing millions of retail investors, and the need to respect individual choice; it also reiterated discouragement of leveraged trading due to high risk and characterised compulsive trading as a behavioural/addiction concern requiring different intervention.