Legal Insights

Sebi proposes to reintroduce open market buyback of shares through stock exchange mechanism, ETLegalWorld

Sebi proposes to reintroduce open market buyback of shares through stock exchange mechanism New Delhi, Markets regulator Sebi on Thursday proposed reintroducing buyback of shares from the open market through stock exchanges as an additional method for companies to repurchase shares, following changes in the taxation framework. This mechanism was discontinued effective April 1, 2025, […]

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Sohan Lal Commodity Management (SLCM) Takes Step Toward IPO with Confidential Filing to SEBI, ETLegalWorld

Illustrative image New Delhi, Agri-warehousing company Sohan Lal Commodity Management (SLCM) has filed preliminary papers with markets regulator Sebi through the confidential route for an Initial Public Offering (IPO). In a public notice on Thursday, SLCM said it has filed “the pre-filed draft red herring prospectus with Sebi and the stock exchanges…in relation to the

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RBL Bank gets RBI nod for Emirates NBD stake buy; Sebi approval awaited, ETLegalWorld

Mumbai: Private sector lender RBL Bank has received the Reserve Bank of India’s approval for its proposed deal with Emirates NBD Bank, according to sources familiar with the matter. Approval from markregulator Sebi is also expected shortly. The clearance is likely to trigger a mandatory open offer as early as next week. RBL Bank did

RBL Bank gets RBI nod for Emirates NBD stake buy; Sebi approval awaited, ETLegalWorld Read More »

CCI directs probe into poultry group on complaint by Maneka Gandhi’s NGO, ETLegalWorld

New Delhi: The antitrust regulator has directed a probe into Venkateshwara Hatcheries Group and its affiliates for alleged abuse of markdominance and other anti-competitive practices in the poultry sector on a complaint filed by People for Animals (PFA), a non-governmental organisation founded by Maneka Gandhi. In an order on Wednesday, the Competition Commission of India

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NCLAT Overturns NCLT Decision, Orders Fresh Hearing in Belgotex Insolvency Case, ETLegalWorld

NCLAT directs lower tribunal to hear Belgotex insolvency plea afresh New Delhi, The National Company Law Appellate Tribunal (NCLAT) has set aside an NCLT order rejecting Belgotex India‘s insolvency plea against Puneet India on the ground of a pre-existing dispute. Allowing the Belgotex India appeal, a two-member NCLAT bench has remanded the matter back to

NCLAT Overturns NCLT Decision, Orders Fresh Hearing in Belgotex Insolvency Case, ETLegalWorld Read More »

CBI Takes Action Against Anil Ambani and Reliance Communications for ₹3750 Crore Fraud, ETLegalWorld

CBI registers fresh case against Reliance Communications, Anil Ambani New Delhi, The CBI on Wednesday registered a fresh case against industrialist Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to Life Insurance Corporation (LIC) of India, officials said. The CBI has filed the case for the alleged offences

CBI Takes Action Against Anil Ambani and Reliance Communications for ₹3750 Crore Fraud, ETLegalWorld Read More »

Trilegal elevates six counsels to partnership, expands Equity Partner cohort to 157, ETLegalWorld

Trilegal_New Partner Promotions_April 2026 Trilegal has announced the elevation of six counsels to the equity-partnership, further strengthening the firm’s leadership across key practice areas. The newly appointed partners are Abhishek Kumar, Arnav Nagalia, Maitreya Rajurkar, Shashwat Sharma, Shreya Kundu, and Thomas. J. Vallianeth. These additions enhance Trilegal’s capabilities across Corporate, Real Estate, Dispute Resolution, Capital

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SKV Law Offices Announces Annual Promotions, ETLegalWorld

As part of SKV Law Offices’ annual promotions this year, Priya Dhankar has been elevated to the position of Associate Partner and Akash Lamba and Mohit Mansharamani have been promoted to the role of Counsel. SKV Law Offices announces annual promotions The firm has also announced the promotion of Ashirwad Sapre, Tanishka Khatana, Nikunj Bhatnagar,

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Bank of Baroda Faces INR 806 Crore Tax Demand from Income Tax Department, ETLegalWorld

Bank of Baroda Bank of Baroda has received a demand notice of INR 806.18 crores from the Faceless Assessment Unit (FAU) of the Income Tax Department for AY 2020-21, with the demand order received on March 30, 2026. “Pursuant to Para A(20) of Part A of Schedule III of LODR, this is to inform that

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