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Legal News and Updates


NCLAT Upholds Nuvoco’s ₹1,800 Crore Vadraj Cement Resolution Plan, Dismisses Employee Objections
The NCLAT upheld Nuvoco’s ₹1,800 crore takeover of Vadraj Cement, rejecting employee objections and reaffirming the primacy of CoC’s commercial wisdom under the IBC. The ruling clears hurdles for resolution and strengthens predictability in India’s insolvency regime.

Chintan Shah
Aug 263 min read
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SEBI Seeks Feedback on Easing LODR Regulations
SEBI is seeking public feedback on proposed amendments to its LODR Regulations, 2015, aiming to promote ease of doing business while upholding investor protection. The consultation paper, released July 25, 2025, proposes changes to simplify related party transactions (RPTs), extend disclosure timelines for board outcomes and litigations, move to system-driven disclosures, and streamline director appointments.

Chintan Shah
Jul 296 min read
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SC to Hear Google Antitrust Appeal
The Supreme Court of India will hear Google's appeal against an NCLAT antitrust ruling concerning its Android ecosystem and Play Store billing practices. The CCI had previously fined Google for abusing its dominant position by mandating GPBS and unfairly promoting Google Pay. While NCLAT upheld core findings, it reduced penalties and questioned CCI's "ex-ante" directives.

Chintan Shah
Jul 296 min read
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SC: Companies are "Victims" Under Criminal Law
In a landmark ruling, the Supreme Court of India declared that corporate entities can be considered "victims" under criminal law, expanding their rights in criminal proceedings. This decision, stemming from an Asian Paints Ltd. appeal, broadens the definition of "victim" in Section 2(wa) of the CrPC to include juristic entities suffering loss or injury (financial or reputational) from criminal acts.

Chintan Shah
Jul 226 min read
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The Rise Of AI-Powered Cyber Attacks And Cyber Threats
AI-powered cyber attacks represent a new frontier of corporate liability. These are not just technical issues; they are events giving rise to significant legal exposure, complex disputes, and intense regulatory scrutiny under frameworks like the DPDP Act, 2023. The actions of an autonomous algorithm can now directly impact a company's legal standing, its compliance posture, and its vulnerability to litigation. Understanding this evolving threat is a professional necessity.

Chintan Shah
Jul 175 min read
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Balancing Creditor Rights and Guarantor Liberty: NCLAT on Look-Out Circulars
The National Company Law Appellate Tribunal (NCLAT) has ruled that a Look-Out Circular (LOC) cannot be issued mechanically against a personal guarantor to a corporate debtor. In
Ramesh Jain v. State Bank of India, the tribunal held that the creditor must provide specific, credible reasons to believe the guarantor is a flight risk. This decision safeguards the guarantor's fundamental right to travel abroad and prevents LOCs from being used as a tool for harassment by financi

Chintan Shah
Jul 153 min read
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₹1,000 Crore Deal or Regulatory Shortcut? NSE‑SEBI Settlement’s Rippling Questions on Market Trust
NSE’s ₹1,000 Cr offer to SEBI tests if market trust can be bought—or if true accountability still holds value.

Chintan Shah
Jun 303 min read
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India’s Supreme Court Suspends Bhushan Power Liquidation Amid JSW Legal Battle
SC halts Bhushan Power liquidation, giving JSW Steel time to seek review of ruling that annulled its ₹19,350 cr acquisition.

Chintan Shah
Jun 23 min read
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HP High Court: Govt Department Director Ineligible as Arbitrator Under Section 12(5) of Arbitration Act
HP HC: Govt official disqualified as arbitrator due to conflict of interest under Section 12(5) of Arbitration Act.

Chintan Shah
May 262 min read
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NCLAT: CoC-Approved Resolution Plans Cannot Be Changed After Submission
NCLAT rules CoC-approved resolution plans can’t be modified after submission to the Adjudicating Authority.

Chintan Shah
May 263 min read
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BCI Updates Rules to Permit Foreign Law Practices for Non-Litigious Matters in India
BCI opens doors for foreign lawyers to advise in India—non-litigation only, under reciprocity and strict oversight.

Chintan Shah
May 192 min read
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Supreme Court Warns Against Vague Arbitration Clauses: Courts May Act Suo Motu to Dismiss Flawed Agreements
SC warns against vague arbitration clauses; calls for suo motu action, hints at liability for poor legal drafting.

Chintan Shah
May 193 min read
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Chhattisgarh High Court: Adoptive Mothers Entitled to Child Adoption Leave Under Article 21
Adoptive mothers entitled to 180-day leave under Article 21: Chhattisgarh HC upholds equal maternity rights.

Chintan Shah
May 124 min read
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Loan from SWAMIH Fund Recognised as 'Interim Finance' Under Section 5(15) of IBC: NCLT Delhi
NCLT recognizes SWAMIH Fund’s loan as interim finance under IBC, ensuring top repayment priority for last-mile project funding.

Chintan Shah
May 62 min read
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Supreme Court Orders Chandigarh Administration to Refund ₹47.75 Crores for Delays in Film City Project
Supreme Court orders Chandigarh authorities to refund ₹47.75 crores to Film City bidder for project delays.

Chintan Shah
Apr 293 min read
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Draft DPDP Rules 2025: The Compliance Shift That Could Reshape Indian Businesses
India’s Draft DPDP Rules 2025 demand urgent compliance—here’s what businesses and lawyers need to know now.

Chintan Shah
Apr 104 min read
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Supreme Court Upholds SEBI’s Regulatory Wisdom; Says Courts Cannot Sit in Appeal Over Administrative Decisions
Supreme Court backs SEBI’s discretion, ruling courts can’t override expert regulators in policy decisions.

Chintan Shah
Apr 84 min read
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Supreme Court Tells Customs: Upgrade Labs to Properly Test Disputed Imports
SC overturns HSD classification, orders Customs to upgrade labs for full IS-standard testing of disputed imports.

Chintan Shah
Apr 63 min read
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NCLT Mumbai: Corporate Debtor Can Cite Pre-Existing Dispute Even Without Timely Reply to IBC Demand Notice
NCLT Mumbai: Corporate Debtor can still cite pre-existing disputes even if no reply is sent within 10 days under IBC Section 8.

Chintan Shah
Apr 62 min read
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