Securities and Exchange Board of India
SEBI : The SAT's ruling in Alpesh Vasanji Furiya v. SEBI is a significant clarification of the relationship between securities enforcem...
SEBI : SEBI flagged alleged revenue misrepresentation, undisclosed fund transfers, and accounting irregularities, raising concerns over d...
CA, CS, CMA : A comprehensive review of significant developments across Income Tax, GST, Customs, DGFT, SEBI, MCA, IBBI, and RBI. The update hig...
Corporate Law : The document compiles 85 recent developments across financial regulation, anti-corruption enforcement, corporate investigations, a...
CA, CS, CMA : The weekly roundup covers important Supreme Court rulings, GST advisories, RBI amendments, SEBI consultation papers, and insolvenc...
SEBI : Following representations from the Bharat InvITs Association, SEBI has proposed amendments to NDCF computation rules. The draft in...
SEBI : SEBI has proposed a framework for managing strike prices of options contracts to address issues arising from sharp intraday market...
SEBI : SEBI has proposed major reforms to the Pre-open Call Auction mechanism after concerns over artificially suppressed prices in IPO a...
SEBI : SEBI revised the methodology for computing household savings through the securities market by incorporating actual granular data a...
SEBI : SEBI issued a draft consultation paper proposing limited relaxation of third-party payment restrictions in mutual funds for specif...
SEBI : The Supreme Court held that SEBI failed to establish fraud and market manipulation in RPL futures transactions. While disgorgement...
SEBI : SEBI overturned an earlier order that had exonerated the company, holding that key transactions allegedly created a misleading pic...
SEBI : The issue was whether failure to refund investor funds is time-barred. The Court held it is a continuing offence, rejecting the li...
Company Law : Supreme Court held that diversion of funds raised through preferential allotment for purposes other than those stated in offer doc...
SEBI : Calcutta High Court directs SEBI to accept Priya Ranjan Sah's payment, citing a one-day delay as not warranting prolonged litigati...
SEBI : SEBIs investigation found that a substantial portion of reported consolidated revenues was unsupported by verifiable subsidiary re...
SEBI : SEBI has consolidated all AIF-related circulars issued up to May 31, 2026 into a single Master Circular. The key takeaway is a uni...
SEBI : SEBI clarified that a cousin does not fall within the statutory definition of a relative under the Companies Act and LODR Regulati...
SEBI : SEBI modified nomination norms for demat accounts and mutual fund folios after receiving stakeholder feedback on implementation is...
SEBI : SEBI clarified that renewable energy projects awarded through tariff-based competitive bidding by government entities qualify as P...
The SAT’s ruling in Alpesh Vasanji Furiya v. SEBI is a significant clarification of the relationship between securities enforcement and tax law in India. By holding that income tax paid on unlawful gains cannot be offset against SEBI-ordered disgorgement, the tribunal has maintained the purity and effectiveness of disgorgement as an equitable remedy — ensuring that tax compliance cannot be deployed as a device to dilute the amount recoverable by SEBI in enforcement proceedings.
SEBI flagged alleged revenue misrepresentation, undisclosed fund transfers, and accounting irregularities, raising concerns over disclosures and audits.
SEBIs investigation found that a substantial portion of reported consolidated revenues was unsupported by verifiable subsidiary records. The interim order records a prima facie finding that the absence of underlying financial data and documentation raised concerns about the accuracy of disclosures.
SEBI has consolidated all AIF-related circulars issued up to May 31, 2026 into a single Master Circular. The key takeaway is a unified compliance framework replacing the earlier fragmented regulatory structure.
A comprehensive review of significant developments across Income Tax, GST, Customs, DGFT, SEBI, MCA, IBBI, and RBI. The update highlights important judicial decisions and regulatory changes issued during 25–31 May 2026.
SEBI clarified that a cousin does not fall within the statutory definition of a relative under the Companies Act and LODR Regulations. Therefore, a cousin of a promoter-group member may be eligible for appointment as an Independent Director, subject to other conditions.
The Supreme Court held that SEBI failed to establish fraud and market manipulation in RPL futures transactions. While disgorgement was quashed, penalties for violation of position-limit disclosure requirements were upheld.
Following representations from the Bharat InvITs Association, SEBI has proposed amendments to NDCF computation rules. The draft includes safeguards such as unitholder approval and enhanced disclosures.
SEBI overturned an earlier order that had exonerated the company, holding that key transactions allegedly created a misleading picture of its financial position. The ruling emphasizes that approvals and disclosures cannot override scrutiny of the economic substance of transactions affecting investors.
The document compiles 85 recent developments across financial regulation, anti-corruption enforcement, corporate investigations, anti-smuggling actions, and national security probes. It highlights increasing scrutiny, regulatory reforms, and inter-agency coordination.
