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Archive: April, 2026

Posts in April, 2026

CCI Finds Bid Rigging in Police Tenders via Common IP & Sequential DDs

April 9, 2026 399 Views 0 comment Print

The Commission held that bidders colluded by quoting identical and patterned prices across multiple tenders. It found that such conduct indicated pre-determined outcomes and violated competition law.

NPS Swasthya PoC 2 Introduced Due to Need for Greater Flexibility & Product Testing

April 9, 2026 303 Views 0 comment Print

The issue involved enhancing the existing NPS Swasthya scheme. The circular introduces PoC 2 with revised features to improve flexibility and evaluate the scheme under varied conditions.

RVO Suspension Upheld Due to Grant of Provisional Membership to Ineligible Candidate

April 9, 2026 150 Views 0 comment Print

The issue was whether an RVO could grant conditional enrolment to an unqualified applicant. The authority held that such enrolment violates valuation rules. The key takeaway is that only fully eligible candidates can be admitted.

IRDAI Information and Cyber Security Guidelines, 2026

April 9, 2026 1917 Views 0 comment Print

The issue was the need to address increasing cyber risks in the insurance sector. IRDAI introduced updated guidelines with enhanced governance and security standards. The key takeaway is mandatory compliance for all regulated entities.

IRDA Introduced Annual Fee Requirement for SLAs Due to Section 42D Amendment

April 9, 2026 249 Views 0 comment Print

The circular shifts SLAs from a renewal-based licensing system to a registration regime with annual fees. This ensures continuity of registration subject to compliance.

SEBI Extended Observation Letter Validity Due to Geopolitical Tensions

April 9, 2026 225 Views 0 comment Print

The circular responds to reduced investor activity affecting public issue timelines. SEBI extended observation validity subject to compliance confirmation. The measure supports issuers while ensuring adherence to disclosure norms.

SEBI Introduces Non-Transferable Tag for Pledged Shares

April 9, 2026 3195 Views 0 comment Print

The issue was the absence of a mechanism to enforce lock-in on pledged shares. SEBI introduced a “non-transferable” tagging system through depositories. 

Empanelment of CA firms & Retired Officers of IDBI Bank as Concurrent Auditor

April 9, 2026 16482 Views 0 comment Print

IDBI Bank invites applications for concurrent auditors but clarifies that empanelment does not ensure assignment. The decision remains entirely discretionary, emphasizing compliance with eligibility and documentation requirements.

RBI Assigns Lead Bank for New District Kushavati in Goa

April 9, 2026 108 Views 0 comment Print

RBI designated a Lead Bank for the newly formed district to ensure banking coordination. The key takeaway is structured implementation of the Lead Bank Scheme.

Inter-play between Input Tax Credit and IBC

April 9, 2026 2013 Views 0 comment Print

This piece examines how restrictive provisions under GST law limit refund of unutilised ITC during insolvency, despite broader enabling clauses. It highlights judicial divergence and the resulting uncertainty for creditors and liquidators under IBC.

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