![SEBI Issues Technical Clarifications on Cybersecurity and Cyber Resilience Framework for Regulated Entities [Read Circular]](https://images.taxscan.in/h-upload/2025/08/29/500x300_2081960-sebi-cybersecurity-taxscan.webp "SEBI Issues Technical Clarifications on Cybersecurity and Cyber Resilience Framework for Regulated Entities [Read Circular]")
SEBI Issues Technical Clarifications on Cybersecurity and Cyber Resilience Framework for Regulated Entities [Read Circular]
The Securities and Exchange Board of India (SEBI) issued a circular dated August 28, 2025, announcing detailed technical clarifications to its...
![Relief for UBI: NCLT Declares Former DHFL Chairman Bankrupt Over Rs. 4,546 Crore DHFL Debt [Read Order]](https://images.taxscan.in/h-upload/2025/08/28/250x150_2081311-2059368-union-bank-india-taxscan.webp "Relief for UBI: NCLT Declares Former DHFL Chairman Bankrupt Over Rs. 4,546 Crore DHFL Debt [Read Order]")
![Liquidation under IBC can be ordered in Absence of Pending CIRP: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/27/250x150_2081002-liquidation-under-ibc-ibc-absence-of-pending-cirp-taxscan.webp "Liquidation under IBC can be ordered in Absence of Pending CIRP: NCLAT [Read Order]")
![Financial assistance given by Adhunik Corporation ltd can be treated as Financial Debt citing Element of Commercial Effect of Borrowing: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/27/250x150_2080930-financial-assistance-adhunik-corporation-ltd-financial-debt-nclt-taxscan.webp "Financial assistance given by Adhunik Corporation ltd can be treated as Financial Debt citing Element of Commercial Effect of Borrowing: NCLT [Read Order]")
SEBI Relaxes Timeline for Stock Brokers to Submit Net Worth Certificate for Offering Margin Trading Facility [Read Circular]
The Securities and Exchange Board of India (SEBI) has promulgated a new circular, relaxing the timelines for submission of net worth certificates by stock brokers who offer margin trading facilities...
![SEBI Relaxes Timeline for Stock Brokers to Submit Net Worth Certificate for Offering Margin Trading Facility [Read Circular]](https://images.taxscan.in/h-upload/2025/08/27/500x300_2080891-2054872-taxscan-sebi.webp "SEBI Relaxes Timeline for Stock Brokers to Submit Net Worth Certificate for Offering Margin Trading Facility [Read Circular]")
NCLT Member Refuses to Hear Petition after being Approached by "Most Revered member of Higher Judiciary” to Favour a Party [Read Order]
In a recent order, the Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) has recorded that one of its members was approached by a senior figure from the higher judiciary seeking a...
![NCLT Member Refuses to Hear Petition after being Approached by Most Revered member of Higher Judiciary” to Favour a Party [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/500x300_2080653-nclat-case-digest-on-nclat-under-ibc-nclat-case-digest-taxscan.webp "NCLT Member Refuses to Hear Petition after being Approached by Most Revered member of Higher Judiciary” to Favour a Party [Read Order]")
LIC to continue as Public Shareholder during Privatization of IDBI Bank: SEBI Gives Nod Subject to Restrictions
The Securities and Exchange Board of India (SEBI) has approved the reclassification of Life Insurance Corporation of India (LIC) as a public shareholder in IDBI Bank, paving the way for the...
Vague Allegations of Defective Goods Not a Pre-Existing Dispute: NCLT Accepts Insolvency Petition and CIRP Initiated [Read Order]
The Mumbai Bench of the National Company LawTribunal (NCLT) admitted a Section 9 application after finding that vague allegations of defective goods did not amount to a pre-existing dispute and the ...
![Vague Allegations of Defective Goods Not a Pre-Existing Dispute: NCLT Accepts Insolvency Petition and CIRP Initiated [Read Order]](https://images.taxscan.in/h-upload/2025/08/24/500x300_2080152-vague-allegations-defective-goods-pre-existing-dispute-nclt-insolvency-petition-cirp-initiated-taxscan.webp "Vague Allegations of Defective Goods Not a Pre-Existing Dispute: NCLT Accepts Insolvency Petition and CIRP Initiated [Read Order]")
Documentary Evidence like Court of Board Nominees Order, Bank statements Other than IU Records Sufficient to Establish Default Date: NCLT [Read Order]
The Ahmedabad Bench of the National CompanyLaw Tribunal (NCLT) clarified that the date of default can be established by placing reliance on documentary evidence other than a record of default with an...
![Documentary Evidence like Court of Board Nominees Order, Bank statements Other than IU Records Sufficient to Establish Default Date: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/24/500x300_2080145-documentary-evidence-board-nominees-order-bank-statements-iu-nclt-taxscan.webp "Documentary Evidence like Court of Board Nominees Order, Bank statements Other than IU Records Sufficient to Establish Default Date: NCLT [Read Order]")
Delay in Obtaining Documents Not Sufficient Reason: NCLAT Refuses to Condone 248 days Delay in Recall Plea [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) refused to condone a delay of 248 days in filing a recall application by Mr. Raju Rangadhamaiah and his wife, Smt. M....
![Delay in Obtaining Documents Not Sufficient Reason: NCLAT Refuses to Condone 248 days Delay in Recall Plea [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079282-condone-delay-nclat-documents-taxscan.webp "Delay in Obtaining Documents Not Sufficient Reason: NCLAT Refuses to Condone 248 days Delay in Recall Plea [Read Order]")
90-Day Time Limit under Regulation 2B for Completing Section 230 Scheme of Arrangement is Directory: NCLAT grants 90 More Days [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) ruled that the 90-day time limit under Regulation 2B of the IBBI (Liquidation Process) Regulations, 2016 for completing a...
![90-Day Time Limit under Regulation 2B for Completing Section 230 Scheme of Arrangement is Directory: NCLAT grants 90 More Days [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079168-2062469-nclat-fraud-finding-former-director-orders-contribution-sham-transactions-taxscan.webp "90-Day Time Limit under Regulation 2B for Completing Section 230 Scheme of Arrangement is Directory: NCLAT grants 90 More Days [Read Order]")