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    HIGHLIGHTS AT 1 PM
    Gifting of Prudent’s Shares by Promoter Mr. Sanjay Shah from His Personal Shareholding
    'Tried to influence NCLT': CBI books Mumbai-based firm for bribery
    Adequate provisions under the Companies Act, 2013 (Act) for strengthening corporate governance and transparency in the management of companies
    Report of investigation into Affairs of M/s. Salt Experiences and Management Private Limited (SEMPL) and M/s. Hero MotoCorp Limited under examination
    Empowered Women, Empower the World Unveiled by Kiteskraft Productions LLP
    IICA Inaugurates Certified ESG Professional – Impact Leader Programme (Batch-IV)
    Voices of Change: Honoring Women, Shaping the Future
    Union Finance Minister and MoS, Finance launch the New Credit Assessment Model for MSMEs as announced in Union Budget 2024-25
    Chandigarh University Lucknow Becomes First Indian University to Forge Collaborations with Top 10 Global Industry Giants before First Academic Session...
    The Akshaya Patra Foundation Honored with Prestigious Best Civil Society Award by Asian Centre for Corporate Governance and Sustainability
    Another FIR lodged against Ansal Group in UP's Ghaziabad
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    IBC moratorium does not shield individuals from penalties under consumer law: SC
    Ambuja Cements gets CCI nod to acquire majority stake in Orient Cement
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    HC stays order directing FIR against ex-Sebi chief Buch, 5 others
    HC stays special court order directing FIR against ex-Sebi chief Buch, 5 others
    UP CM orders FIR against Ansal Group, assures homebuyers protection
    UP CM orders immediate FIR against Ansal Group, assures homebuyers protection
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March 15, 2025
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Aadhaar-voter linkage under review to address alleged electoral roll manipulation and data integrity concerns through inter-secretariat consultations.
Chief electoral administrators are evaluating linking voter identity cards with Aadhaar to address alleged manipulation in electoral rolls; a meeting between the election commission and central secretariat officials will consider procedural framework, data integrity concerns, and administrative coordination for any seeding, without recording a concluded policy decision.
March 13, 2025
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Share gifting by a promoter proceeds with regulatory clearance and mandated beneficiary disclosures under securities rules.
Promoter transfer of personal equity to identified employees and staff is to be executed as an unconditional gift; the company and promoter have engaged advisors and sought necessary regulatory clearances, including SEBI approval, and will disclose the beneficiary list and requisite information to stock exchanges prior to execution, with the transfers explicitly free of retention obligations.
March 12, 2025
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Bribery to influence tribunal: alleged solicitation and receipt of corrupt payments prompting a criminal investigation.
Allegations describe a scheme in which a legal advisory firm's representatives solicited and accepted an advance corrupt payment to influence members of the National Company Law Tribunal, negotiated an illicit fee, and directed payment of the balance in cash contingent on a favourable order; an FIR was registered and searches conducted as part of the ensuing criminal investigation into bribery and conspiracy to improperly influence tribunal members.
March 12, 2025
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CSR disclosure obligations require board-driven planning, annual reporting and auditor statements to ensure transparency and accountability.
The Companies Act, 2013 provides a corporate governance framework requiring board and managerial accountability, statutory books and filings, disclosures in the Board's Report, and regulatory action for reported irregularities. CSR is governed by Section 135, Schedule VII and related rules as a board-driven, disclosure-based process: eligible activities are listed in Schedule VII; the Board and its CSR Committee plan and monitor CSR; companies must report CSR expenditure and activities in annual statements, the Board's Report and MCA21 filings; CARO, 2020 requires auditors to report unspent CSR amounts; website disclosures of CSR policy and projects are mandated and violations are addressed under the Act.
March 11, 2025
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Investigation under the Companies Act: report submitted and under examination, no final conclusion should be drawn.
An investigation ordered in June 2023 into the affairs of M/s. Salt Experiences and Management Private Limited and M/s. Hero MotoCorp Limited was conducted under Section 210(1)(c) read with Section 216 of the Companies Act, 2013 through the Office of Regional Director (Northern Region); the report has been submitted to the Central Government and is under examination, and no final conclusion should be drawn at this stage.
March 10, 2025
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Women empowerment driving entrepreneurship, education leadership, sustainability and community impact through recognition and capacity building.
Recognition and promotion of women leaders across multiple sectors highlights initiatives that expand economic participation-notably microfinance-enabled entrepreneurship and edupreneurship-along with capacity building, institutional development, and community programs. Profiles cite business scaling through franchising and branch expansion, adoption of quality and safety certifications, awards for governance and compliance, philanthropic disbursements for education and rural development, and community mobilization for environmental and safety initiatives. An events organizer with formal registrations and certifications is presented as the platform that convenes and recognises these contributions.
March 10, 2025
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ESG leadership strengthened through IICA Certified ESG Professional programme, enhancing regulatory expertise and industry-academia collaboration.
IICA inaugurated the Certified ESG Professional - Impact Leader Programme (Batch IV) to build ESG leadership and regulatory expertise, train senior professionals to integrate ESG into business and investment decisions, promote sustainable finance and impact investing, and enrol certified candidates into the National Association of Impact Leaders (NAIL) to sustain networking, collaboration and policy advocacy in support of national and international sustainability commitments.
March 7, 2025
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Women empowerment celebrated through profiles of leaders shaping education, entrepreneurship, arts and community welfare.
A press release profiles multiple women leaders, summarising each subject's primary professional role, key contributions to education, arts, mental-health, entrepreneurship and social welfare, and the awards, publications and media recognition they have received. It also states that Kiteskraft Productions LLP organises national and international conferences and award ceremonies to recognise excellence across sectors, and is certified and registered as a corporate events organiser.
March 6, 2025
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Digital credit assessment for MSMEs enables automated, objective loan appraisal and model-based limits for ETB and NTB borrowers.
Public sector banks must build an in house digital credit assessment model for MSMEs that uses verifiable digital footprints and API fetched data to provide automated, objective loan appraisal and model based limit assessment for both Existing to Bank and New to Bank MSME borrowers, enabling online applications, straight through processing, reduced paperwork and turnaround time, and credit decisions based on transactional behaviour and verified data.
March 6, 2025
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Industry collaborative programs align curricula with corporate partners to deliver AI focused degree programs and work integrated learning.
Memoranda of understanding with global and Indian industry partners establish co designed industry collaborative programs that allocate corporate partners to specific streams, mandate co developed curricula and certifications, and provide on campus R&D labs, Centres of Excellence, practitioner teaching, live projects, internships and placement support to deliver AI focused undergraduate and postgraduate programs in technology and finance domains.
March 6, 2025
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Corporate governance recognition reinforces Akshaya Patra's commitment to transparency, accountability and sustainable societal impact.
The Akshaya Patra Foundation received the Best Civil Society Award from the Asian Centre for Corporate Governance & Sustainability in recognition of its governance, transparency, accountability and sustainability practices; senior representatives accepted the award and acknowledged the contribution of government partners, donors and volunteers, while pledging to continue applying governance and sustainability principles to strengthen societal impact and program delivery.
March 5, 2025
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Corporate insolvency against Ansal Group amid FIRs alleging cheating, forgery, criminal breach of trust and organised crime.
Multiple FIRs allege that Ansal Properties and Infrastructure Limited and named executives engaged in cheating, forgery, criminal breach of trust, conspiracy and organised crime relating to alleged fake documentation and improper sale of township land; concurrently, the National Company Law Tribunal admitted the company into the Corporate Insolvency Resolution Process on a financial creditor's petition alleging loan default and failure to honour a prior settlement.
March 4, 2025
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Criminal charges against Ansal Group allege cheating, breach of trust and organised crime alongside ongoing insolvency proceedings.
An FIR names Ansal Group promoters and directors for alleged criminal breach of trust, cheating, forgery, criminal conspiracy, intimidation, intentional insult and organised crime, while the National Company Law Tribunal admitted Ansal Properties and Infrastructure Limited into the Corporate Insolvency Resolution Process after a financial creditor petitioned for loan default and alleged noncompliance with an earlier settlement.
March 4, 2025
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IBC moratorium does not protect regulatory consumer law penalties, permitting enforcement of consumer forum orders to proceed.
The court distinguished civil debts under the Insolvency and Bankruptcy Code from regulatory penalties under consumer protection law, concluding that such penalties do not constitute debt for purposes of the IBC moratorium; therefore, execution proceedings enforcing consumer forum orders imposing regulatory penalties are not covered by the interim moratorium.
March 4, 2025
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Open offer obligation under SEBI SAST requires a public offer after qualifying acquisitions, potentially creating majority control.
The Competition Commission of India approved Ambuja Cements' acquisition of 46.80% of Orient Cement and noted the acquisition triggers a mandatory open offer under SEBI's SAST regulations for up to 26% of the expanded share capital, which, if accepted, would increase the acquirer's stake to 72.8%. CCI also cleared Adani Infra's purchase of promoter shares in PSP Projects, structured so that post-closing and the required open offer the acquirer and existing promoters would hold equal stakes, with the open offer making the acquirer the single largest shareholder.
March 4, 2025
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Criminal allegation prompting ministerial resignation triggers scrutiny and potential breach of legislative privilege over notification failures.
A state cabinet minister resigned after an aide was named as the alleged mastermind in a sarpanch murder, amid allegations of an extortion meeting at the minister's residence and political moves including a potential breach of privilege for failure to inform the legislature about the resignation during a budget session. A high court stayed an order directing FIR registration against a former securities regulator and others in an alleged market fraud case. Additional reports cover a Uniform Civil Code committee's public consultations, an arrest for passport fraud, and a Naxalite-attributed killing.
March 4, 2025
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Stay on FIR registration against former regulator halted pending review of absence of specific role attribution.
High Court stayed a special court order directing registration of an FIR against a former securities regulator and five officials, concluding the special court acted mechanically and failed to attribute specific roles; the complainant was granted time to file a reply while petitions contesting the order argue lack of prima facie material, absence of a then required NOC for listing, and that vicarious liability cannot be fastened on the officials.
March 4, 2025
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Stay of FIR orders halts mechanically framed registration direction pending affidavit and challenge to alleged listing fraud.
A four-week stay was placed on a special court order directing registration of an FIR against the former securities regulator chairperson and five others for alleged listing related fraud, the high court finding the order was passed mechanically without attributing specific roles; the complainant was given four weeks to file an affidavit in reply while petitioners seek quashing of the directive to the Anti Corruption Bureau.
March 4, 2025
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FIR registration ordered against developer and committees formed to protect homebuyers amid insolvency proceedings and planned appeal
Registration of FIRs was ordered against the Ansal Group for alleged fraudulent practices affecting homebuyers, with directives to file similar FIRs in all affected districts. A committee of the Lucknow Development Authority and aggrieved buyers will assemble evidence for court. Officials were told to file an appeal in the wider public interest against an NCLAT order initiating insolvency proceedings, and to expedite all pending cases and related administrative actions to protect buyers and coordinate legal strategy.
March 4, 2025
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Immediate FIR registration ordered against developer; protection for homebuyers and appeals in wider public interest pursued.
Immediate criminal investigation was ordered against the developer and FIRs directed to be filed in all districts with similar complaints; officials were instructed to take strong action against responsible company officers. A committee of the local Development Authority and aggrieved buyers was to be formed to present strong evidence in court, and authorities were directed to file an appeal in the wider public interest against the appellate insolvency order. Officials were further instructed to expedite resolution of pending cases to protect homebuyers' interests.

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