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RBI Defers Phase 2 of Continuous Cheque Clearing

December 24, 2025 1137 Views 0 comment Print

The issue concerns the rollout of Phase 2 of continuous cheque clearing under CTS. RBI postponed implementation to give banks more time to prepare operationally.

Unified Pension Scheme Rules Amended to Add One-Time Switch to NPS

December 23, 2025 792 Views 0 comment Print

The amendment introduces a one-time option for UPS subscribers to revert to NPS within defined service timelines. The key takeaway is added flexibility, with clear conditions on contributions and loss of assured UPS benefits after switching.

Mandatory Beneficial Ownership Disclosure Added to Resolution Plans

December 22, 2025 891 Views 0 comment Print

The amendment requires every resolution plan to disclose ultimate beneficial owners and ownership structures. The key takeaway is enhanced transparency in insolvency resolution proceedings.

SBER Bank Added to Authorized Gold Import Banks List Under HBP 2023: DGFT

December 22, 2025 465 Views 0 comment Print

The update formally amends the Handbook of Procedures to include an additional bank for gold imports, specifying validity, scope, and consumption limits.

Anti-Dumping Duty Imposed Due to Dumped Steel Imports Hurting Domestic Industry

December 22, 2025 1680 Views 0 comment Print

Description: Authorities found dumped CRNO steel imports causing material injury and future threat, leading to definitive anti-dumping duty for five years to restore fair competition.

SEBI Allows Zero-Coupon Debt Securities at Reduced ₹10,000 Denomination

December 22, 2025 690 Views 0 comment Print

SEBI has amended its rules to permit zero-coupon debt securities to be issued at a reduced face value. The move expands investor access while retaining safeguards against structured obligations.

DGFT imposes Import Restrictions Due to Low-Priced Potassium Clavulanate Imports

December 22, 2025 678 Views 0 comment Print

Authorities addressed concerns over cheap chemical imports. The ruling introduces minimum CIF thresholds while exempting export-focused units from the restriction.

IRDAI Proposes Easier Investment Norms for Insurers in Infrastructure SPVs

December 22, 2025 453 Views 0 comment Print

IRDAI has proposed relaxing rules to allow insurers to invest in infrastructure SPVs with stable cash flows. The move aims to support long-term infrastructure financing without parent guarantees.

IBBI Introduces Form Modification Facility and Late Filing Fees

December 22, 2025 543 Views 0 comment Print

IBBI has enabled modification of CIRP forms through its portal and announced fees for delayed filings. The late fee applies to forms submitted after 31 December 2025.

RTI Appeal Rejected as Status Change Was Based on NCLAT Stay Order

December 22, 2025 246 Views 0 comment Print

The Appellate Authority held that the change in corporate status was made to implement a subsisting NCLAT stay. Since the relevant Change Request Form was already disclosed, no further information was required under the RTI Act.

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