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    Opposition accuse govt of writing off loans of wilful defaulters, burdening banks with NPAs
    Ministry of Corporate Affairs to Host Another Dynamic Candidate Open House for PM Internship Scheme
    CCI approves acquisition of Athaang Devanahalli Tollway Private Limited, Athaang Jammu Udhampur Highway Private Limited and Quazigund Expressway Priva...
    CCI approves the proposed combination involving, inter alia, Maple Infrastructure Trust (MIT); CDPQ Infrastructures Asia III Inc. (CDPQ Asia); Maple H...
    Competition Commission of India (CCI) approves the acquisition of 100% equity shareholding in 11 road special purpose vehicles owned by Ashoka Concess...
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    Top 10 Change-Makers Driving Sustainable Growth in India Unveiled by Kiteskraft Productions LLP
    Govt asks ARAI to probe Ola Electric's sales figure mismatch, consumer complaints
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    Parl panel pitches for transparent system to track time taken for insolvency resolution cases
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    Govt launches mobile app for PM Internship Scheme
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    Is govt ready to discuss voter ID issue, asks TMC's Derek O'Brien as Parliament resumes after break
    CCI Organises 10th Edition of National Conference on Economics of Competition Law
    Rosmerta Digital seeks initiation of insolvency proceedings against Ola Electric's subsidiary
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March 26, 2025
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Loan write-offs and NPAs: write-offs clear bank books but recovery and accountability concerns remain.
The debate focuses on loan write-offs for wilful defaulters and their impact on bank balance sheets, asserting that write-offs remove bad loans from books without implying recovery, while reforms such as recognition, resolution, recapitalisation and the Insolvency and Bankruptcy Code are presented as measures to improve transparency and asset recovery. Concerns also include potential favoritism in auditor remuneration and poor customer service at public sector banks.
March 26, 2025
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Administrative transparency in internship recruitment: interactive open house offers candidates expert guidance and real-time answers to application queries.
The Ministry of Corporate Affairs will host a Candidate Open House for the PM Internship Scheme on 27 March 2025 to provide procedural guidance and real-time answers to pre-submitted and live applicant queries. A panel of MCA senior officials, the project management team for policy and procedural matters, and technical specialists from BISAG will moderate the session, which features industry experts and past interns offering practical career and internship guidance. Applicants are required to register through the provided online link.
March 26, 2025
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Merger control clearance: acquisition of road SPVs approved, permitting transfer of operational highway concessions to infrastructure investors.
Merger control clearance was granted for a combination in which Cube Highways and Infrastructure V Pte. Ltd. will acquire Athaang Devanahalli Tollway Private Limited and Cube Highways Trust will acquire Athaang Jammu Udhampur Highway Private Limited and Quazigund Expressway Private Limited, transferring ownership and control of operational road and highway concession assets held by these Indian special purpose vehicles.
March 26, 2025
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Competition approval for infrastructure combination enabling acquisition of toll-road SPVs by an infrastructure investment trust.
The Competition Commission approved a proposed combination whereby Maple Infrastructure Trust, acting through Maple IM, will acquire five Ashoka Buildcon road SPVs (ADKTL, ASBTL, ABDTL, AHBL, AHDL) that operate NHAI-concessioned toll-road assets, in transactions involving Maple Sponsor, CDPQ Infrastructures Asia III Inc. and 360 ONE Private Equity Fund; MIT is a SEBI-registered infrastructure investment trust and 360 ONE is a SEBI-registered Category II AIF.
March 26, 2025
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Merger control: acquisition approval allows Epic Concesiones 2 to acquire road special purpose vehicles after regulatory clearance.
Competition Commission approved Epic Concesiones 2 Private Limited's acquisition of 100% equity in eleven road special purpose vehicles owned by Ashoka Concessions Limited and Ashoka Buildcon Limited; EC2PL is owned by schemes of the Infrastructure Yield Trust and managed by an investment manager that is an indirect wholly owned subsidiary of the parent entity, and the target SPVs are Indian entities operating roads under governmental concessions, with a detailed Commission order to follow.
March 26, 2025
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Digital compliance modernization streamlines corporate filings, enhances security and reduces compliance burden via web-based forms and multifactor authentication.
MCA21 V3 modernizes corporate compliance by introducing web-based forms with field-level validation and auto-prefill, enforcing multifactor authentication and data masking to prevent fraud and protect confidentiality. Operational reforms include CPACE for voluntary company/LLP exits and a Centralized Processing Centre for Non-STP form verification. Stakeholder access and engagement are improved through a mobile app, chatbot, e-adjudication platform, and portal ticketing, collectively enhancing transparency, efficiency, and speed in corporate filings.
March 24, 2025
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Conflict of interest management expanded via independent external panel to review disclosure, recusal and governance for senior regulators.
An independent external panel will be formed to review and enhance the framework for managing and publicly disclosing conflict of interest of senior leadership, including recommending recusal procedures, disclosure protocols and measures to ensure transparency, accountability and ethical conduct. The regulator will provide secretarial support to an independently constituted committee drawn from diverse public, private and academic backgrounds. The board also adjusted granular disclosure thresholds for foreign portfolio investors while retaining concentration criteria and reviewed appointment norms and cooling-off measures for key personnel of market infrastructure institutions.
March 24, 2025
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Conflict of interest review to strengthen disclosure and recusal rules, enhancing regulatory transparency and accountability.
SEBI will constitute an independent high-level committee of eminent experts to review and recommend enhancements to conflict of interest and disclosure norms for board members and officials, covering property, investments and liabilities, clarifying accountability and recusal mechanisms; the panel will receive secretarial support from SEBI, submit recommendations within three months, and its proposals will be placed before the board for consideration.
March 24, 2025
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Corporate rescue strategies competition fosters practical training and industry engagement to develop feasible turnaround solutions and professional exposure.
A national student competition on corporate rescue strategies requires teams to analyse financial statements, design feasible and innovative turnaround plans for distressed businesses, and present solutions to industry judges, with evaluation based on feasibility, innovation, and strategic insight alongside engagement with insolvency and legal practitioners.
March 21, 2025
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Recognition of change-makers promotes sustainable growth by honoring leaders advancing innovation and community development across sectors.
Kiteskraft Productions LLP publicly recognizes ten named individuals and organizations for contributions to sustainable growth across education, social entrepreneurship, healthcare, engineering, and digital marketing, summarizing each honouree's background, initiatives, and community impact; the statement is a promotional press release and not a regulatory or adjudicatory finding.
March 20, 2025
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Sales figure discrepancy prompts regulator-ordered probe into registration reconciliation and scheme compliance within a tight reporting deadline.
The Ministry has ordered ARAI to probe a discrepancy between Ola Electric's reported sales and Vahan registrations and to examine consumer complaints, directing ARAI to verify compliance with PM E-DRIVE Scheme guidelines and report within fifteen days. The inquiry will assess registration-process integrity, the company's reconciliation of sales versus registrations amid vendor disputes and operational disruptions, and the reliability of certification-related information for scheme eligibility.
March 20, 2025
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Candidate engagement for the PM Internship Scheme enhances application support and clarifies selection and eligibility through weekly open houses.
Ministry of Corporate Affairs conducts weekly Candidate Open Houses for the PM Internship Scheme to provide application-phase support, prioritise advance-submitted questions via a dedicated link, and respond to live queries. The second Open House on 19 March 2025 featured senior MCA officials and technical partners from BISAG answering candidate questions focused on the selection process, eligibility criteria, and sector-specific opportunities, reinforcing the ministry's commitment to transparency and a smooth candidate experience.
March 19, 2025
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Transparent tracking of insolvency resolution time recommended to monitor timeline breaches and enable direct portal submission of plans.
The Parliamentary panel recommends a transparent time tracking system for insolvency case resolution to monitor statutory timeline infringements, tabular reporting of processing times and delays, and a central online portal for direct submission of resolution plans to protect confidentiality. It calls for prompt redress of complaints against resolution professionals and a review of CoC composition to ensure operational creditor representation. The panel also proposes a dedicated ESG oversight body to monitor disclosures, enforce reporting standards and penalize greenwashing.
March 18, 2025
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SEBI-registered AIF launched to provide growth-stage co-investments and strategic support for Pre-Series A to Series B startups.
SEBI-registered Category 1 Alternative Investment Fund Hyderabad Angels Fund (HAF) will provide growth-stage capital and strategic co-investments for Pre-Series A to Series B startups on a sector-agnostic basis. The fund pairs financial backing with mentorship, governance support, and investor networks to address funding gaps during scale-up. The announcement states a target size of Rs. 100 crore and references greenshoe figures of Rs. 50 crore and Rs. 150 crore as reported.
March 18, 2025
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Recognition of pioneering leaders announced, profiling transformative professionals and the organising entity without disclosed selection methodology.
A corporate press release presents Kiteskraft Productions LLP's list of "Top 10 Pioneering Minds of 2025," profiling ten professionals across education, safety, healthcare, and social service, and summarising each individual's roles, contributions, training outputs, awards, and community outreach. The organiser is described as a conference and awards company with stated certifications and registrations, while the release omits selection methodology, verification procedures, and conflict of interest disclosures.
March 17, 2025
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PM Internship Scheme app launched to expand industry-led internships and voluntary corporate participation with financial support.
The Prime Minister Internship Scheme mobile application expands industry-placed internships with voluntary corporate participation to bridge youth skill gaps; it targets Tier II and III youth, offers monthly and one-time financial assistance to interns, is multilingual for wider accessibility, includes a pilot assessment framework, and aims to scale placements through top companies identified by average CSR expenditure while permitting additional company enrolment.
March 17, 2025
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Insolvency resolution under IBC: widespread pre admission settlements and procedural reforms strengthen case disposal and homebuyer protections.
The document reports extensive pre admission resolution under the Insolvency and Bankruptcy Code (IBC), substantially reducing formal insolvency caseloads, and identifies causes of tribunal pendency - case complexity, interlocutory applications, higher court stays, stakeholder cooperation and adjournments. It records government measures to expedite disposal, including e court and hybrid court projects, capacity building, infrastructure enhancements and filling vacancies. It also describes procedural protections for homebuyers through tower to tower resolution and possession safeguards during proceedings, and situates these reforms in the context of international benchmarking via the World Bank's B Ready assessment.
March 17, 2025
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Duplicate voter ID numbers prompt demand for parliamentary debate and probe into Aadhaar linkage and registration integrity.
The document addresses duplicate EPIC numbers and allegations of Aadhaar cloning enabling fake voter registrations, with opposition parties seeking a Rule 176 parliamentary debate. The Election Commission explained the duplicates arose from a decentralised manual mechanism and incorrect series use before ERONET migration, and has initiated technical consultations with UIDAI and state electoral officers and directed state poll machinery to meet parties and resolve discrepancies through procedural remedies.
March 17, 2025
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Competition law enforcement advances to protect fair competition and address algorithmic risks in digital markets.
The Conference emphasised competition law as essential to fair markets, advocating real time market monitoring, stakeholder engagement, and promotion of self regulation to curb abusive conduct by dominant firms. The Chairperson stressed regulatory adaptation to AI risks, the use of market studies as proactive tools, and the operationalisation of the Competition Amendment Act to balance enforcement with market friendly resolution, noting developments in antitrust and merger enforcement and the role of settlement and commitment mechanisms for fast track market correction.
March 15, 2025
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Insolvency petition under Section 9 seeks CIRP against a subsidiary; company disputes operational creditor's payment claims.
An operational creditor, Rosmerta Digital Services Ltd, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 alleging payment default and seeking initiation of the corporate insolvency resolution process against Ola Electric Technologies Pvt Ltd; Ola Electric Mobility disputes the claims, has sought legal advice, and intends to object to the petition.

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