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(2025) TaxCorp(CL) 30565 (NCLT)
Editor's Choice
15 May 2025
(2025) TaxCorp(CL) 30565 (NCLT)
NCLT
Parties: DELOITTE HASKINS & SELLS LLP VERSUS UNION OF INDIA & ORS.
NCLAT Clarifies: Amendment of Pleadings in S.241-242 Company Petitions Requires Formal Leave of Tribunal—No Suo Moto Additions Permitted - The NCLAT’s decision makes clear that in...
(2025) TaxCorp(CL) 30564 (NCLT)
Editor's Choice
28 Feb 2025
(2025) TaxCorp(CL) 30564 (NCLT)
NCLT
Parties: Dhani Services Ltd., In re
Section 103 of the Companies Act, 2013 - NCLAT Rules That Only Statutory Quorum Under Section 103 Governs Shareholder Meetings; NCLT Lacks Authority to Alter Quorum Requirements -...
(2025) TaxCorp(CL) 30563 (DELHI)
Editor's Choice
22 May 2025
(2025) TaxCorp(CL) 30563 (DELHI)
DELHI
Parties: MR. SIDDHAANT MOHTA AND ORS. VERSUS DELHI GYMKHANA CLUB LTD. AND ORS.
Delhi High Court Upholds Club’s Right to Suspend Dependent Privileges Beyond Age 21: No Vested Rights Without Full Membership - The Delhi High Court affirmed that the privileges ex...
(2025) TaxCorp(CL) 30562 (NCLT)
Editor's Choice
30 Apr 2025
(2025) TaxCorp(CL) 30562 (NCLT)
NCLT
Parties: MR. HARSHA VARDHAN REDDY VERSUS MERIT INN SOUTHERN STAR PRIVATE LIMITED, MR. M.R. SARANGAPANI REDDY
NCLAT Chennai Denies Condonation of Inordinate Delay: Appeal Filed 2659 Days Late under Section 421(3) of Companies Act Dismissed - In this decision, the NCLAT, Chennai, has unequi...

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MCA Circulars
Recent Company Law Cases
S
(2025) TaxCorp(CL) 30561 (SEBI)
Pritam Prabodh Deuskar, In re
23 Apr 2025

SEBI Slaps Rs. 1 Lakh Penalty on Research Analyst for Delayed Annual Audit under RA Regulations: Upholds Accountability...

Key Takeaway

Firms should proactively schedule and complete annual audits and ensure timely submission to SEBI to mitigate enforcement risks..

S
(2025) TaxCorp(CL) 30560 (SAT)
Rajeshkumar Champaklal Gandhi v. Securities and Exchange Board of India
23 Apr 2025

SAT Upholds SEBI’s Decision: Recovery Proceeds from IL&FS Default to be Equally Distributed Among All Investors Post Sch...

Key Takeaway

The action of Motilal AMC in reopening the scheme and accepting new investments was found to be in compliance with the law and industry practice..

S
(2025) TaxCorp(CL) 30559 (SC)
Anoop Jain v. CRB Capital Markets Ltd.
05 Aug 2024

Supreme Court Sets Aside Remand in Disputed Share Transfer Amidst Winding Up; Orders High Court to Decide Appeal Maintai...

Key Takeaway

The High Court has thus been mandated to first decide whether the respondents’ appeals are maintainable before considering the factual disputes on share ownership and payment..

31 Dec 2024

SEBI Slaps ₹5 Lakh Penalty on Entity for Engaging in Reversal Trades Creating Artificial Volumes in BSE Stock Options -...

Key Takeaway

Entities facing similar allegations should ensure active and timely participation in regulatory proceedings to present their defense, failing which adverse inferences are likely to be drawn..

S
(2025) TaxCorp(CL) 30557 (SEBI)
Patel Wealth Advisors (P.) Ltd., In re
28 Apr 2025

SEBI Cracks Down on Broker’s Spoofing Tactics; Directors Found Vicariously Liable for Market Manipulation Under PFUTP Re...

Key Takeaway

The interim order was warranted to prevent further market distortion and to protect the interests of the investing public by insulating the market from manipulative actors..

FEMA Updates
NOTIFICATION No. S.O. 2311(E)
23 May 2025

Amendment in Notification No. S.O. 372(E), dated the 5th February, 2016

A.P. (DIR Series) Circular No. 06
23 May 2025

Reporting on FIRMS portal – Issuance of Partly Paid Units by Investment Vehicles

FCRA - Order/Circular Guidelines No. II/21022/58(10)/12/2025/FCRA(MU)
14 May 2025

Payment of compounding and fees from the FCRA bank account of the FCRA association whose validity has been expired

A.P. (DIR Series) Circular No. 05/2025-26
16 May 2025

Exim Bank’s GOI-supported Line of Credit (LOC) for USD 700 million to the Govt. of Mongolia (GO-MNG), for financing cons...

NOTIFICATION No. S.O. 2012(E)
05 May 2025

Reserve Bank of India has permits authorization to four additional entities to perform authentication under the Aadhaar...