Summary: This blog traces the regulatory and judicial evolution of fraud classification by banks. It provides an overview of the 2016 Fraud Directions, the Supreme Court’s ruling in Rajesh Agarwal, reading natural justice into the 2016 Directions, and summarises the
Summary: This article examines a recent adjudication order passed by the Registrar of Companies, Bangalore against a private company for effecting a transfer of shares without prior dematerialisation i.e., in contravention of Rule 9B of the Companies (Prospectus and Allotment
Summary: The Gujarat High Court’s ruling on corporate guarantees is not merely about whether GST is payable. It is about the limits of statutory fiction, the sanctity of commercial reality and the constitutional discipline that must govern taxation.
Summary: India’s healthcare delivery has long been shaped by two extremes: small clinics offering basic consultation and large corporate hospitals delivering advanced tertiary care. Micro-hospitals, typically comprising 15 to 75 beds, have emerged as the “missing middle”, combining lean infrastructure,
Summary: What happens when a contract says “arbitration”, but the law says “tribunal”? The Gujarat High Court, on an issue of disputes arising from public works, gave precedence to the Gujarat Public Works Contracts Disputes Arbitration Tribunal Act, 1992 (“Gujarat
Summary: A magistrate takes cognizance of an offence on a private complaint prior to examining the complainant on oath under Section 200 of the CrPC, 1973. However, BNSS, 2023, has upset this settled position. Like the erstwhile Section 200 of
Summary: India’s approach to regulating virtual digital assets (VDA) is evolving from fragmented enforcement towards a structured supervisory framework. This aligns with global trends in the US, UK and EU, of adopting activity-based regimes focused on governance, disclosure, consumer protection
Summary: The draft FEMA (Foreign Investment) Rules, 2026, propose to replace the NDI Rules with a consolidated framework, introducing reworked thresholds, a broader pledge regime, relaxed gift norms, and recalibrated pricing requirements. This article attempts to analyse some of the
Summary: SEBI issued a Consultation Paper on August 14, 2026, proposing complete overhaul of the existing settlement mechanism through the Securities and Exchange Board of India (Settlement of Proceedings) Regulations, 2026. This post discusses the rationale behind SEBI revisiting the
Summary – At a time when drug regulators are intensifying enforcement against the sector across India, this article examines the regulatory framework within which drug regulators are required to act in the wake of the Bombay High Court’s recent order
