Legal Insights

Per-Company Legal Cap on Independent Director Pay Section 197 vs Schedule V Part II — with SEBI LODR overlay for listed entities Is the company profitable this year? Company has Managing Director / Whole-Time Director 1% of net profits Pooled across ALL non-executive directors · Section 197(1) Example: Net profit ₹500 cr → 1% pool […]

Last verified: May 2026 A weekday morning in April 2025. A chartered accountant in his late fifties, a former audit-committee member at an NSE-listed mid-cap clean-energy company, reads the SEBI interim order on his phone before he’s finished his second coffee. The order names the promoter group for routing roughly Rs 262 crore in lender

Last verified: 2026-05-15 It was a morning in late April 2023 on a Varanasi pavement. A rag-picker family woke to find their four-year-old son gone from the spot beside them where he had slept the night before. What looked like a single missing-child case unravelled, over the next twenty-three months, into an interstate trafficking network

Last verified: 13 May 2026 The AI Ethics and Accountability Bill 2025 was introduced in the Lok Sabha on 17 December 2025, two days before the Winter Session ended. Listed as Bill No. 59 of 2025, it is the first dedicated Bill on artificial intelligence ever tabled in either House of Parliament. A Bharatiya Janata

Last verified: 2026-05-13 The Transgender Persons (Protection of Rights) Amendment Act, 2026 went from introduction to law in seventeen days. On 13 March 2026, the Bill was tabled in the Lok Sabha. On 24 March, the lower house passed it by voice vote. The Rajya Sabha followed a day later. On 30 March, the President’s

Last verified: 13 May 2026 A cold morning in August 2024. Outside Tihar’s main gate, a small knot of lawyers waited with a discharge file in hand. Inside the Supreme Court that same morning, a two-judge bench read out a judgment that would reshape how trial courts treat Section 45 of the Prevention of Money

Last verified: 2026-05-11 On 21 August 2025, hours after the Rajya Sabha cleared the Promotion and Regulation of Online Gaming Bill, India’s largest fantasy-sports platform stopped all paid contests. Within days, a three-year ₹358-crore title-sponsorship deal between that platform and the Indian cricket board was terminated, leaving the men in blue without a chest sponsor

Last verified: May 2026 On 25 September 2025, a two-judge bench of the Supreme Court sat staring down numbers that have haunted India’s criminal justice system for almost two decades. As of 1 September 2025, the National Judicial Data Grid recorded 6,50,283 pending Section 138 Negotiable Instruments Act, 1881 cases in Delhi’s district courts alone,

Last verified: 8 May 2026 The PIB feed updated late on a Friday afternoon. It was 21 November 2025, the gazette notification number appeared on compliance feeds at around 4:30 pm, and within an hour the Ministry of Labour and Employment had notified the largest single-day repeal of central labour statutes in independent India’s history.

Last verified: 9 May 2026 On 7 April 2026, a single-judge bench of the Bombay High Court (Justice Somasekhar Sundaresan) closed the door on a Pune developer’s seven-year fight against a ₹1.35 crore RERA refund order. The buyer had booked a flat in 2014 and got nothing for years. She used the RERA complaint procedure