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DGFT Sets New Rules for Wheat Export Allocation & Application Process

April 30, 2026 1023 Views 0 comment Print

The government has introduced clear procedures for applying and allocating wheat export quotas. Strict eligibility, timelines, and reporting requirements must be followed.

RBI (Non-Banking Financial Companies – Responsible Business Conduct) Amendment Directions, 2026

April 29, 2026 531 Views 0 comment Print

RBI has permitted NBFCs to waive or reduce charges for customers in disaster-affected areas. The key takeaway is that relief can be granted for up to one year.

RBI (Relief Measures by Banks in Areas affected by Natural Calamities) Directions 2018 – SCBs Repeal Directions, 2026

April 29, 2026 474 Views 0 comment Print

RBI has replaced the 2018 framework with updated regulatory directions for banks. The key takeaway is that relief norms are now integrated into broader banking regulations.

RBI (Rural Cooperative Banks – Resolution of Stressed Assets) Amendment Directions, 2026

April 29, 2026 309 Views 0 comment Print

RBI has introduced structured guidelines for resolving loans affected by natural calamities. The key takeaway is faster, coordinated relief with defined timelines and eligibility.

RBI (Local Area Banks – Credit Risk Management) Second Amendment Directions, 2026

April 29, 2026 414 Views 0 comment Print

RBI now requires banks to consider disaster risks while evaluating borrowers. The key takeaway is improved risk-sensitive lending practices.

RBI (Urban Cooperative Banks – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026

April 29, 2026 372 Views 0 comment Print

RBI allows restructured accounts to remain or be upgraded to standard status post calamity relief. The takeaway is improved borrower support with prudential safeguards.

Justice Deferred, Freedom Denied: A Critique of Preventive Detention Systems

April 29, 2026 339 Views 1 comment Print

Preventive detention laws allow incarceration without trial based on suspicion, raising serious concerns about violation of personal liberty. The analysis highlights how weak procedural safeguards enable misuse and arbitrary detention.

FSSAI Updates Lab Accreditation List to Strengthen Food Testing Network

April 28, 2026 363 Views 0 comment Print

FSSAI amended its 2016 notification to revise and add accredited food testing laboratories across regions. The update enhances testing capacity and ensures stronger food safety compliance nationwide.

Duplicate DIN Attracts ₹50,000 Penalty Despite Unintentional Error

April 28, 2026 291 Views 0 comment Print

A director was penalized for holding two DINs in violation of statutory provisions. The key takeaway is that even inadvertent non-compliance attracts strict penalties under company law.

Delay in Board Meetings Beyond 120 Days Attracts Penalty Despite Disclosure

April 28, 2026 672 Views 0 comment Print

The company failed to conduct the required number of board meetings and exceeded statutory time gaps. The key takeaway is that strict compliance with board meeting norms is mandatory.

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