Regulatory & Compliance

Filing Form 11, the Annual Return for a Limited Liability Partnership (LLP), is a mandatory statutory compliance under Section 35 of the LLP Act, 2008, read with Rule 25 of the LLP Rules, 2009. Every LLP registered in India must file Form 11 with the Registrar of Companies within 60 days of the close of the financial year, making 30 May the annual deadline. The form provides the Ministry of Corporate Affairs with a snapshot of the LLP's partner composition, capital contributi

India's stock market education industry has expanded rapidly, with numerous platforms selling paid courses on technical analysis, options trading, and market strategies. Many operators have assumed that labelling content as "educational" places them outside SEBI's regulatory perimeter. Enforcement orders issued in late 2024 and 2025 have decisively challenged that assumption. SEBI has established that if a course delivers buy or sell recommendations, price targets, or trading

The Bombay High Court, in a judgment dated 18 June 2026, has reaffirmed that the right of homebuyers to claim interest for delayed possession under Section 18 of the Real Estate (Regulation and Development) Act, 2016 (RERA) is independent, indefeasible, and absolute. In CCI Projects Private Limited v. Allottees (Second Appeal), Justice Sharmila U. Deshmukh held that this statutory right cannot be curtailed by the provisions of the Indian Contract Act, 1872, and that RERA, bei

Corporate fraud can devastate companies financially and reputationally. When irregularities surface, conducting a thorough and legally sound internal investigation is critical, both to protect the company's interests and to comply with statutory obligations under the Companies Act, 2013. This step-by-step guide walks you through the process of investigating corporate fraud under Section 447, from the initial board resolution through evidence preservation, forensic auditing, a

Indian companies exporting goods to the European Union face a rapidly evolving regulatory landscape. The EU Carbon Border Adjustment Mechanism (CBAM), which entered its definitive phase on January 1, 2026, imposes carbon pricing obligations on imported goods across six carbon-intensive sectors. The Corporate Sustainability Due Diligence Directive (CSDDD), though its first application has been postponed to July 2029 following the Omnibus I amendments, will require comprehensiv

On 5 August 2026, the Competition Commission of India (CCI) granted unconditional approval for a proposed combination involving the merger of six hospitality entities into InterGlobe Hotels Private Limited (IGH). The CCI approved the transaction under Section 31(1) of the Competition Act 2002, concluding that the proposed combination is not likely to have an appreciable adverse effect on competition in India. This approval marks one of the very few hospitality sector combinat

On February 23, 2026, the Delhi High Court delivered a landmark ruling in International Flavours and Fragrances Inc. v Competition Commission of India (WP(C) 2527/2026), dismissing a writ petition that challenged the Competition Commission of India's (CCI) decision to investigate alleged labour market coordination among three global fragrance manufacturers. The case, which represents India's first formal examination of labour market practices under competition law, centres on

The Ministry of Corporate Affairs (MCA) released the operational guidelines for the Corporate Mitra Scheme on June 24, 2026, marking a significant step toward formalising compliance support for micro, small, and medium enterprises (MSMEs) across India. First announced as part of Union Budget 2026-27 by Finance Minister Nirmala Sitharaman, the scheme aims to train a new cadre of paraprofessionals, known as Corporate Mitras, who will function as MSME compliance facilitators. By

Introduction The Securities and Exchange Board of India (SEBI) has progressively strengthened the environmental, social, and governance (ESG) disclosure framework for listed entities in India. Beginning with the Business Responsibility Report (BRR) and transitioning to the comprehensive Business Responsibility and Sustainability Report (BRSR), SEBI has systematically expanded the scope and depth of sustainability disclosures required of India's largest corporations. With FY 2

Introduction The Bar Council of India (BCI) published the Draft Advocates (Amendment) Bill, 2026, on 18 July 2026, proposing comprehensive amendments to the Advocates Act, 1961. The draft bill, released for public consultation with a deadline of 31 July 2026 for stakeholder submissions, introduces several significant reforms including the first-ever statutory recognition of law firms, a framework for the registration and regulation of foreign lawyers and foreign law firms pra

Introduction The Ministry of Corporate Affairs (MCA), through Notification S.O. 698(E) dated 10 February 2026, has appointed Registrars of Companies (RoCs) as adjudicating officers under Section 454 of the Companies Act, 2013, read with the Companies (Adjudication of Penalties) Rules, 2014, and by a companion Notification S.O. 696(E) of the same date has made a parallel appointment under Section 76A of the Limited Liability Partnership Act, 2008. Both notifications, which cam

The Insolvency and Bankruptcy Board of India (IBBI) has issued the Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2026 (the "Guidelines"), effective from July 1 to December 31, 2026. These Guidelines establish a structured framework for preparing advance panels of eligible Insolvency Professionals (IPs) for appointment by the National Company Law Tribunal (NCLT) an

On July 21, 2026, the Reserve Bank of India (RBI) released a draft Notification proposing the Foreign Exchange Management (Foreign Investment) Rules, 2026, under Press Release No. 2026-2027/726. These proposed rules, if finalised, would entirely supersede the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (the NDI Rules) in their entirety. The draft represents a ground-up replacement of the existing regulatory framework governing foreign investment into India,

If you manufacture, pack, or import pre-packaged commodities in India, you are legally required to register under the Legal Metrology (Packaged Commodities) Rules, 2011, framed under the Legal Metrology Act, 2009. This registration, commonly referred to as the LMPC (Legal Metrology Packaged Commodities) license, ensures that all packaged goods sold in India comply with mandatory labelling and weight or measure declarations. Non-compliance can result in penalties, seizure of g

The Securities and Exchange Board of India (SEBI) has notified the SEBI (Buy-Back of Securities) (Amendment) Regulations, 2026 vide Notification No. SEBI/LAD-NRO/GN/2026/306, dated July 1, 2026, published in the Gazette of India (Part III, Section 4). These amendments, effective from August 1, 2026, mark the reintroduction of the open market buyback route through stock exchanges after its complete phase-out in April 2025. The amendment introduces a comprehensive regulatory fr