The Tribunal held that the adjudicating authority failed to properly analyse BIS guidance documents and the applicable Quality Control framework. The matter was remanded for fresh consideration through a reasoned order.
NSE released detailed FAQs to address practical issues in submitting Quarterly Integrated Filing – Governance reports through XBRL. The guidance aims to ensure uniform compliance with SEBI’s corporate governance framework.
RBI has updated FEMA regulations to modify payment modes, sale proceeds remittance, and reporting requirements for NRIs, OCIs, and other individual foreign investors. The amendment introduces designated repatriable accounts and revised LEC reporting obligations.
The 2026 amendment broadens investment eligibility under FEMA by allowing all individual persons resident outside India to invest in listed Indian companies. It replaces the earlier framework limited to NRIs and OCIs while retaining regulatory safeguards.
The Tribunal held that test reports from two live consignments could not be mechanically applied to past imports without separate evidence. Each Bill of Entry was treated as an independent assessment.
The Tribunal held that meetings of shareholders and creditors were unnecessary where the transferor was a wholly owned subsidiary, no new shares were to be issued, and no compromise with stakeholders was proposed. The first motion application was accordingly allowed.
The Tribunal held that whether acts of oppression or mismanagement are established can only be determined after a full adjudication on merits. Such issues cannot be decided at the threshold stage of dismissal proceedings.
The Tribunal held that equal shareholding coupled with non-cooperation had resulted in complete deadlock in the company’s affairs. To bring an end to the oppression, it directed the respondent to transfer her shares at nil value.
The Tribunal held that the proposed reduction would not adversely affect the company’s ability to meet its liabilities. It approved the scheme after finding that creditors’ interests remained protected.
The Tribunal held that the proposed Section 339 relief flowed directly from the SFIO investigation report forming the basis of the existing petition. The amendment was permitted to enable comprehensive adjudication of the alleged fraud.
