Legal Insights

Former CJI D.Y. Chandrachud calls for law to anchor trust in an age of technological disruption “Technology is reshaping decision-making, commerce, and governance at a pace that is forcing legal systems to confront new forms of opacity, power, and risk,” said Former CJI D.Y. Chandrachud, in his inaugural keynote address at the ETLegalWorld’s Global Legal […]

Technology must assist, not replace judicial conscience: Justice Ravindra V. Ghuge The rapid integration of technology into the justice system is reshaping how courts function, but the core principles of judicial reasoning and human empathy must remain central, said Justice Ravindra Vithalrao Ghuge, Judge, Bombay High Court, during his inaugural keynote address at the ET

SEBI New Delhi, Markets regulator Sebi on Thursday proposed simplifying the documentation process for the transmission of securities following the death of an investor to make it easier for nominees and legal heirs to claim financial assets. The regulator has also suggested revising the monetary thresholds for simplified documentation and introducing a straight-through processing (STP)

New Delhi, The Reserve Bank of India (RBI) issued a compounding order, on February 10, under the Foreign Exchange Management Act, 1999 (FEMA), in the case of Metrocorp Infrastructure Limited, which has resulted in termination of adjudication proceedings against the company for contraventions of provisions of the law, according to an official statement issued on

India’s market regulator Sebi has introduced a simplified certification requirement for certain employees associated with research services, in a move aimed at improving ease of doing business in the securities market. The regulator said on Wednesday that staff involved in sales and other non-core activities related to research services will now be allowed to obtain

RBI issues new rules on how banks can distribute dividends, links payouts to capital strength The Reserve Bank of India (RBI) on Tuesday issued updated prudential norms governing dividend declaration and profit remittance by banks, tightening the framework to ensure payouts remain aligned with capital strength and asset quality. The new directions apply to commercial

Cabinet gives nod for amendments to Insolvency and Bankruptcy Code New Delhi, The Union Cabinet has given its approval for amendments to the Insolvency and Bankruptcy Code, potentially clearing the way to introduce the IBC Amendment Bill in the ongoing parliamentary session, according to sources. The proposed legislative updates are based on the recommendations of

ED set to expedite proceedings against P Chidambaram New Delhi: Having secured prosecution sanction orders against P Chidambaram, the then Union finance minister, in connection with the alleged offence of money laundering in the Aircel-Maxis deal and INX Media cases, the Enforcement Directorate (ED) will now push to expedite legal proceedings hanging fire in lower

Nayara Energy lawsuit against SAP over software service halt in Delhi HC next week The Delhi High Court will next week hear Nayara Energy‘s lawsuit against German software company SAP’s India unit suspending software services critical to its operations. Nayara had approached the Delhi High Court in September last year after SAP India Pvt Ltd