Legal Insights

Jindal Poly Films In a landmark ruling under the Companies Act, 2013, the National Company Law Tribunal (NCLT), New Delhi Principal Bench, has admitted what is being regarded as India’s first substantive shareholder class action against Jindal Poly Films Limited and its promoter-linked entities. By its order dated February 5, 2026, the tribunal dismissed an […]

Coming clean may be less taxing: Taxpayers could get away with paying significantly less on unexplained local income Mumbai: A hidden, quasi-amnesty window for tax on local income has crept into the fine print of the Finance Bill, perhaps unwittingly. A close reading of the budget documents shows that a person can slip away by

NSE board approves IPO via OFS, reconstitutes committee to oversee listing New Delhi, The board of the National Stock Exchange (NSE) on Friday cleared the decks for its long-awaited initial public offering, approving the launch of its issue that will consist entirely of an offer-for-sale, with no fresh issue component. The decision comes shortly after

The Delhi High Court on Friday said the “safe harbour” given to social media platform X, formerly called Twitter, under the law does not exempt it from joining the Sahyog portal. A bench of Justices Prathiba M Singh and Amit Sharma was hearing X Corp‘s application seeking discharge from an ongoing proceedings on the “lag”