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    NCLT forms historic 5-member bench to decide on Subhash Chandra's Rs 6.5 cr repayment plan
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August 31, 2026
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Personal insolvency repayment plans: conflicting views on binding dissenting creditors prompted reconsideration through an expanded adjudicatory bench.
National Company Law Tribunal constituted a five-member bench after conflicting views on a personal insolvency repayment plan left no majority position for a formal order. The central issue is whether creditor approval of the plan binds dissenting creditors and extinguishes their claims against the personal guarantor. One view preserved dissenting creditors' independent recovery rights, while another applied the creditor-approved plan uniformly to all creditors. Disagreement also concerns the Adjudicating Authority's power to examine the resolution professional's report of the creditors' meeting.
August 31, 2026
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Personal insolvency repayment plans raise unresolved questions on dissenting creditors' rights and uniform extinguishment of claims.
Personal insolvency proceedings were referred for fresh adjudication because no majority emerged on the repayment plan. The Technical Member rejected the plan; the Judicial Member confined it to consenting creditors while preserving dissentents' recovery rights; and the Third Member approved it with uniform extinguishment of all creditors' claims. The dispute concerns whether creditor approval under section 115(1) binds dissenting creditors, the effect of section 79(2)(g), and the Adjudicating Authority's power to examine the Resolution Professional's creditors' meeting report.
August 31, 2026
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Rupee exchange-rate support through suspected intervention and FCNR(B) inflows offset pressure from dollar strength and higher crude prices.
Rupee exchange-rate movement reflected a recovery from early losses to close stronger against the US dollar, amid market expectations of Reserve Bank of India support at lower trading levels. Pressure arose from higher US Treasury yields, possible US rate-hike expectations and a broad dollar rally. Suspected intervention, FCNR(B)-related foreign-currency flows and the special USD-INR forex swap facility supported sentiment, while rising crude prices, geopolitical supply risks and foreign institutional equity outflows remained adverse factors.
August 31, 2026
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Income-tax return filing for non-audit business and professional taxpayers closes at midnight, requiring use of applicable forms.
Income-tax return filing for Assessment Year 2026-27 reaches its due date on 31 August 2026 for taxpayers having business or professional income who are not subject to audit. Such taxpayers may file the applicable ITR-3, ITR-4, ITR-5 or ITR-7. ITR-3 applies to individuals and Hindu Undivided Families with proprietary business or professional income, ITR-4 to small and medium taxpayers, and ITR-5 to firms, limited liability partnerships and cooperative societies.
August 31, 2026
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Monthly fiscal accounts track receipt composition, expenditure allocation, tax devolution, interest payments, and major subsidy outgo through July.
Union Government monthly accounts through July 2026 record total receipts comprising net tax revenue, non-tax revenue and non-debt capital receipts, with tax devolution transferred to State Governments. Total expenditure is divided between revenue and capital expenditure. Revenue expenditure includes interest payments and major subsidies.
August 31, 2026
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Personal guarantor insolvency distinguishes guarantee liability from borrower debt while creditor voting challenges question repayment-plan approval.
Personal insolvency proceedings concerning personal guarantees distinguish a guarantor's liability from the underlying borrowing entities' debts. Claims against the guarantor arise from guarantees furnished for loans obtained by Essel Group-associated entities, while the borrowers' repayment obligations remain enforceable and creditors may pursue corporate assets and securities. Dissenting lenders have challenged the resolution-plan voting process, alleging that family-linked associates or related parties should have been excluded from committee of creditors voting.
August 31, 2026
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National accounts revisions align GDP and sectoral estimates with updated price, production and banking service indicators.
National Accounts Statistics-2026 incorporates updated Producer Price Index, Index of Industrial Production and Banking Services Price Index series with base year 2022-23 into annual and quarterly GDP estimates. The revised indicators expand coverage, update weights and improve price mapping for national-account activities. GDP and gross value added estimates from 2022-23 onwards are revised at current and constant prices, with sector-specific effects in mining and quarrying, manufacturing, trade services, general government and departmental enterprises. Supply and Use Tables for 2022-23 and 2023-24 are also updated.
August 31, 2026
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Trade facilitation and pharmaceutical market access advance through regulatory cooperation, preferential trade modernisation, and reciprocal agricultural access.
India and Brazil are advancing bilateral trade, investment and economic cooperation through a diversified partnership focused on pharmaceuticals, chemicals, engineering goods and machinery. India-MERCOSUR engagement is being pursued through early finalisation of Terms of Reference for expansion and modernisation of the Preferential Trade Agreement. Pharmaceutical market access is supported by regulatory cooperation under the CDSCO-ANVISA MoU. Agricultural trade facilitation includes phytosanitary processes, reciprocal market access work and mutual recognition of Electronic Certificates of Origin, alongside multilateral coordination through BRICS, the G20 and the WTO.
August 31, 2026
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Cross-border UPI merchant acceptance enables Indian travellers to make UZQR payments at merchants throughout Uzbekistan.
Cross-border UPI merchant acceptance in Uzbekistan allows Indian travellers to make instant person-to-merchant payments through UPI-enabled applications by scanning the interoperable UZQR code. Integration with the Unified National QR infrastructure extends acceptance across retail, hospitality and service merchants. Regulatory approvals support HUMO's role as NIPL's authorised partner for cross-border merchant acceptance, reducing reliance on international cards and cash.
August 31, 2026
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Mobile-first aviation education supports accessible, self-paced certification-led learning and career awareness across aviation roles and geographic locations.
Flymore Aviation LLP operates a mobile-first aviation learning platform intended to make specialised aviation education more accessible and affordable for aspiring pilots, cabin crew and other aviation-sector professionals. The app provides structured, self-paced aviation courses aimed at building industry knowledge, supporting certification-led skill development, improving career awareness and assisting employment readiness across aviation functions. Course delivery through a digital platform is positioned as an alternative to location-dependent and high-cost classroom training.
August 31, 2026
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Indigenous defence technology and exports anchor the annual performance review of public sector defence enterprises.
Annual performance review of 16 Defence Public Sector Undertakings is scheduled with emphasis on indigenous technology, innovation, self-reliance and enhancement of defence exports. Chairpersons and managing directors of seven specified undertakings will present dividends attributable to the Government's equity shareholding. Publications cover self-reliance, student awareness of defence technologies, and modernisation and indigenisation roadmaps. Reported performance includes growth in turnover, profit after tax and defence exports.
August 31, 2026
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Employee provident fund and gratuity dues remain protected outside the liquidation estate despite competing financial creditor claims in insolvency proceedings.
Employee provident fund and gratuity dues of former Jet Airways workmen and employees were required to be paid in full by the liquidator. The NCLAT position upheld treats statutory employee dues relating to provident fund, gratuity and pension funds as outside the liquidation estate, protecting them from competing creditor claims. Financial creditors had argued that such dues should be distributed through the liquidation estate unless dedicated funds existed at the commencement of liquidation. The underlying questions of law remain open for an appropriate case.
August 31, 2026
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Rupee exchange-rate support amid dollar strength and oil risks as foreign-currency deposit flows bolster market sentiment.
Foreign-exchange market conditions saw the rupee recover from early losses amid possible Reserve Bank of India intervention to contain significant depreciation. Higher US Treasury yields, a broader dollar rally, rising crude oil prices and geopolitical supply risks pressured the currency. The special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised foreign-exchange inflows supported by non-resident Indian participation, strengthening market sentiment.
August 31, 2026
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Financial confidence gaps persist when opaque financial journeys, dark patterns and unclear communication deter informed consumer participation.
Financial-service digitisation may expand access without ensuring consumer confidence where customers cannot understand processes, assess risks or feel secure in financial decisions. Opaque claims, redemptions, eligibility criteria and approval stages can weaken trust and discourage insurance, investment and credit participation. Hidden charges, complex documentation, forced bundling and target-driven sales practices may further impair informed choice. Greater transparency, simplified communications, real-time process visibility and AI-assisted guidance are identified as measures to reduce cognitive friction and strengthen consumer control.
August 31, 2026
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NBFC licensing enables Hyundai Capital India to begin wholesale dealer financing while preparing retail finance and risk-management infrastructure.
Hyundai Capital India has commenced financial services operations after obtaining a non-banking financial company licence from the Reserve Bank of India. Initial operations concentrate on wholesale financing for local automotive dealers. Operations are intended to expand the dealer-financing network, sales infrastructure and risk-management systems across India, supporting a subsequent phased introduction of retail financing for individual customers.
August 31, 2026
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Personal insolvency resolution approval faces criticism over low creditor recovery and alleged family-linked voting influence in the resolution process.
Personal insolvency resolution approval concerning Subhash Chandra involved a repayment plan of Rs 6.5 crore against admitted creditor claims exceeding Rs 22,000 crore. Objections were raised regarding the voting influence exercised by entities linked to the debtor's family in relation to the resolution process. Pinarayi Vijayan criticised the approval, alleging preferential treatment of powerful corporate interests.
August 31, 2026
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Foreign exchange market intervention seeks to limit rupee depreciation amid oil-price pressure, dollar strength, and capital outflows.
Foreign exchange market conditions put the rupee under depreciation pressure amid higher crude oil prices, geopolitical risks, stronger US dollar conditions, expectations of tighter US monetary policy and foreign equity outflows. RBI market intervention was reported to contain significant depreciation. Improved foreign-currency non-resident bank deposit flows and higher foreign exchange reserves supported investor sentiment and the external liquidity position.
August 31, 2026
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Psychotropic medicine diversion faces NDPS enforcement where controlled tablets allegedly travel without statutory documentation and traceability details.
Enforcement action under the Narcotic Drugs and Psychotropic Substances Act, 1985 addressed alleged inter-State diversion of psychotropic medicines transported without statutory documentation. A truck carrying Alprazolam, Tramadol, Nitrazepam and Clonazepam tablets was intercepted; the medicines and vehicle were seized and one suspect was arrested. Preliminary examination indicated erasure of identifying batch and date details and transport of region-restricted medicines without invoices, bilty or e-way bills. Investigation concerns the manufacturing, supply and distribution network involved.
August 31, 2026
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Synthetic-drug trafficking enforcement targets rail-borne amphetamine and MDMA consignments through baggage interceptions, seizures, follow-up delivery operations, and arrests.
Synthetic-drug trafficking enforcement involved two intelligence-led railway-station operations targeting amphetamine and MDMA transportation and receipt. Baggage intercepted at Bengaluru contained a crystalline substance preliminarily indicating amphetamine, while a separate Pune interception recovered substances purported to be amphetamine and MDMA tablets. The contraband and related packing material were seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Follow-up delivery action identified alleged receivers, and the carriers and alleged receivers were arrested under that statutory framework.
August 31, 2026
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India-Chile CEPA negotiations seek a balanced framework to expand trade, investment, technology cooperation and resilient supply chains.
India-Chile CEPA negotiations are being advanced toward conclusion by the end of the year through a balanced and commercially meaningful framework. The proposed partnership is intended to strengthen bilateral economic ties, expand trade and investment, and create equitable opportunities for businesses and people in both countries. Cooperation is envisaged in technology, talent and resilient supply chains, alongside enhanced engagement in healthcare, pharmaceuticals, energy, minerals, agriculture, machinery and engineering.

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Right2Vote eVoting Platform Is Not Only India’s Best Online Voting Technology, But The World’s Best eVoting Technology

November 11, 2025

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India’s Most Trusted eVoting Platform Certified by STQC, ISO & MCA. In the digital era, democracy is evolving, and the way people vote is changing rapidly. However, one thing any democracy will always need is trust in the system. Conducting an election online is easy. Building public trust in that technology is not. That’s where Right2Vote, India’s leading eVoting platform, stands apart. For over a decade, Right2Vote has been redefining how elections are conducted, not just simplifying the process but building confidence in every vote cast. With government-approved certifications, world-class security audits and cutting-edge features, Right2Vote has become the gold standard for digital democracy in India and beyond. Building Trust Through Technology: 10 Years of Innovation Right2Vote isn’t new to eVoting, it has been serving the nation for over 10 years, conducting thousands of elections every year across housing societies, medical associations, cooperative bodies and global organisations. The platform has conducted more than 20,500 elections successfully, demonstrating reliability, security and transparency. What makes Right2Vote stand tall isn’t just the scale of operations, but its commitment to trust and technological excellence. Every feature, every audit, and every update is designed with one goal: to ensure that every voter can trust the process as much as they trust their own ballot. Certified Trust: STQC, ISO, and MCA Approved STQC Certification: CQW Mark of Accuracy and Quality When it comes to security and accuracy, Right2Vote doesn’t just claim it’s certified. The platform is STQC (Standardisation Testing and Quality Certification) certified not once, not twice, but thrice, with the prestigious CQW mark. The STQC certification is issued by MeitY (Ministry of Electronics and Information Technology), Government of India, and is one of the toughest audits for any eVoting platform to pass. It verifies that the platform meets the highest standards of software accuracy, reliability, security and data integrity. Being STQC Certified with CQW Mark means Right2Vote is a Certified Quality Website (Level 2), ensuring every voter interaction, data exchange, and result computation meets government-grade standards of security and transparency. This is not just a paper certificate. It’s a badge of trust, representing years of continuous improvement, robust security practices and flawless execution. ISO 27001 Certification: The Global Security Benchmark Right2Vote is also ISO 27001 Certified, an internationally recognised standard for information security management systems. This certification ensures that data confidentiality, integrity, and availability are maintained at all times. From encryption protocols to access controls and disaster recovery mechanisms, every element of Right2Vote’s architecture complies with global security standards, the same benchmarks used by top banks and multinational corporations. MCA Approval: Legally Recognised for Elections Right2Vote is approved by the Ministry of Corporate Affairs (MCA), Government of India, for conducting elections. This legal recognition makes it the only fully compliant and government-approved eVoting platform for formal and statutory elections, including those under the Insolvency and Bankruptcy Code (IBC), Company Act elections, and association elections. In a country where digital trust is still evolving, being MCA-approved means Right2Vote isn’t just secure, it's legally credible. CERT-IN Empanelled Audit: Cybersecurity at Its Best Right2Vote is also audited by CERT-IN empanelled cybersecurity agencies, ensuring its network and application infrastructure are secure from vulnerabilities. These audits include: • Vulnerability Assessment and Penetration Testing (VAPT) • Application Security Audit • Cloud Server Vulnerability Assessment Every audit ensures that the platform’s cloud environment, databases and APIs are shielded against the latest cyber threats, giving clients full confidence that their elections are protected by government-grade cybersecurity. Beyond Voting: Smart Features That Redefine Digital Elections Right2Vote has not only solved the logistical problem of physical voting but also added layers of innovation that make the voting experience transparent, convenient, and verifiable. 1. AI Face Detection & Voter Selfie This unique feature ensures that the person casting the vote is the actual registered voter. Using advanced AI-based facial recognition and voter selfies, Right2Vote eliminates impersonation, bringing biometric-level authenticity to online elections. 2. Secret Ballot and Audit Trail Every vote remains confidential while maintaining a complete digital audit trail. This allows administrators to verify the integrity of results without compromising voter privacy. 3. Instant Result Calculation Forget manual counting. Right2Vote automatically tabulates results instantly and accurately, eliminating human errors or manipulation. 4. Voter Receipt and Team/Board Voting Each voter receives a secure receipt after casting their vote. The system also allows voting on multiple items in elections in a single session. This feature is very helpful for board meeting voting, committee elections, and association elections. 5. 24/7 Support and Cloud-Based Reliability Right2Vote’s cloud-based architecture ensures smooth voting even under heavy load. With 24x7 customer support, administrators and voters get instant help whenever needed. Case Study: Indian Cultural Centre (ICC) Doha, Qatar A shining example of Right2Vote’s global reach and credibility is the Indian Cultural Centre (ICC), Qatar election. The election was conducted using Right2Vote’s platform, integrating advanced features like Voter Selfie. The election was completed flawlessly, with record participation and zero disputes, setting a global example for how technology can unite communities beyond borders. And this is just one example. Right2Vote has been associated with over 1200+ associations in India and abroad, including embassies, NRI organisations and professional bodies. Why Right2Vote Is the Best Choice for Association Elections in India From resident welfare associations (RWAs) to national medical bodies, Right2Vote has become the first choice for associations that value transparency, simplicity and legal compliance. The platform’s user-friendly interface, combined with affordable pricing and iron-clad security, makes it perfect for associations of any size. Whether it’s a small housing society in any city or a national-level medical federation, every voter can participate securely from their phone, laptop or tablet. Right2Vote’s core features are secret ballot, audit trail, voter receipt, instant result calculation, and multi-post elections, making it a complete digital election solution trusted across India. Trusted by Housing Societies and Cooperative Bodies Across India In India, housing societies, cooperative societies, and resident welfare associations (RWAs) have embraced Right2Vote as their go-to eVoting platform. The reason? Ease of use, transparency, and cost-effectiveness. Residents can vote securely from home, results are instant, and there’s no chance of manipulation. Society administrators save days of manual work while ensuring fairness and participation. From Mumbai to Kolkata, Bangalore to Delhi, Right2Vote has become synonymous with smart, paperless, and trustworthy society elections. Why NRI Associations Trust Right2Vote For Non-Resident Indian (NRI) associations, Right2Vote is a game-changer. It eliminates geographical barriers, allowing members from across continents to participate in their organisation’s elections securely and conveniently. Certified by STQC and MeitY, and approved by the MCA, Right2Vote provides end-to-end encryption, multiple-factor authentication, geo-tagging, and detailed audit trails, ensuring 100% transparency. Organisations like the Embassy of India (Doha), Qatar Tamizhar Sangam, Indian Business Alliance (Russia), Arcadia Community Centre (UK), Telugu Association of Australia etc. have successfully used Right2Vote to conduct global-scale elections. This international trust shows that Right2Vote’s technology isn’t just India’s best; it is globally respected. Right2Vote: The Preferred Platform for Medical Associations Medical associations and professional medical bodies across India consistently choose Right2Vote for their elections, from selecting Presidents and Vice Presidents to Board Members. The platform supports team or board elections, ensuring multiple positions can be contested in a single, seamless session. Doctors and healthcare professionals, often pressed for time, can vote securely from anywhere, using any device. With its cloud-based, mobile-friendly interface, STQC certification, ISO security, and CERT-IN audited systems, Right2Vote guarantees smooth, transparent, and tamper-proof elections. Add 24x7 customer support and real-time monitoring, and it’s clear why the medical community trusts Right2Vote above all. India’s Best eVoting Platform for IBC Cases Right2Vote is also India’s most trusted and government-approved eVoting platform for IBC (Insolvency and Bankruptcy Code) cases. Certified by STQC (MeitY) and approved by the MCA, it’s trusted by over 800 Insolvency Professionals (IPs) and leading firms like PwC, EY, KPMG, Deloitte and Alvarez & Marsal. Designed for IBC-specific needs, the platform offers: • Weighted voting • OTP-based secure login • Automatic result computation based on vote share • Full admin control and real-time tracking • Instant results in PDF and Excel format Right2Vote also integrates video conferencing and eAuction services, offering a one-stop digital governance solution. With its robust infrastructure and government validation, it’s no surprise that Right2Vote is the No. 1 eVoting platform for IBC cases in India. Why Right2Vote Is Not Just India’s Best, But the World’s Best eVoting Platform Right2Vote isn’t just another tech company. It’s a mission-driven platform designed to strengthen democracy, one secure vote at a time. What sets it apart globally is its unique combination of: • Government-certified security (STQC, ISO 27001, CERT-IN, MCA) • Proven reliability (20,500+ elections conducted) • Global reach (1200+ associations worldwide) • Innovative trust-building features (AI-face Detection, Voter-selfie, audit trails) • Affordable pricing and dedicated customer support While many platforms claim to make online voting easy, Right2Vote makes it trustworthy. It blends technology, transparency, and trust, the three pillars of a true democracy. Conclusion: Right2Vote The Future of Digital Democracy In a world where democracy increasingly depends on technology, trust is the new currency. Right2Vote has earned that trust not through marketing, but through years of consistent performance, government certifications and technological innovation. Whether it’s a housing society voting, an association election, an NRI association poll, or an IBC case involving corporate creditors, Right2Vote delivers secure, compliant and transparent elections every single time. That’s why today, Right2Vote isn’t just India’s No. 1 eVoting platform, it's the world’s most trusted and advanced online voting technology service provider. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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