Legal Insights

Last verified: June 2026 The cheque was for Rs 4.2 lakh, and it was supposed to clear a job a small fabrication unit had finished three months earlier. It came back stamped “funds insufficient.” The owner did what most people do first: he called the buyer, who apologised, blamed a “temporary cash flow issue,” and […]

Last verified: 2026-06-12 In early 2024, a Bengaluru SaaS founder needed Rs 1.5 crore to reach his next set of metrics. A priced round meant fixing a valuation he couldn’t defend with eight months of revenue. So he did what hundreds of early-stage founders do: he raised the money on a convertible note, agreed to

Last verified: 2026-06-12 In 2022, an Indian edtech company was worth twenty-two billion dollars. By the middle of 2024 one of its largest institutional backers, BlackRock, had marked the same stake down to zero. Nothing about the company’s classrooms, code, or customers changed that fast. What changed was the number two parties were willing to

Last verified: May 2026 The money was gone in eleven minutes. A retired schoolteacher had clicked one link in a message that looked like it came from her bank, entered an OTP, and watched her savings move out in three quick transfers. By the time she understood what had happened, the first hour, the only

On 1 July 2024, India quietly changed how every criminal case is run. The Code of Criminal Procedure, 1973, the procedural rulebook that had governed police investigations and criminal trials for more than five decades, was repealed. In its place came the Bharatiya Nagarik Suraksha Sanhita, 2023, the BNSS. Overnight, the familiar landmarks of a

FY25 was the year India Inc.’s independent directors started walking. According to reported figures, roughly 549 independent directors resigned across the year, the overwhelming majority of them mid-term, premature exits well before their five-year terms ended. The exits clustered in the technology and startup space, part of the FY25 surge in independent-director resignations. Boards were

India had roughly 7.7 million gig and platform workers in 2020-21. NITI Aayog projects that number will nearly triple to about 23.5 million (2.35 crore) by 2029-30, with the Indian freelance-platform market tracking from around $187.5 million in 2023 toward $775.6 million by 2030. That’s a serious economy. And almost all of it runs on

A tier-one Indian engineering company once tried to enforce a carefully negotiated non-disclosure agreement against a departing senior employee. It went to the Bombay High Court to get an arbitrator appointed. And there it stalled, not because the confidentiality covenant was weak, not because the employee had a clever defence, but because nobody had stamped

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