Sansa Law Desk

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

When an Indian company issues equity shares, compulsorily convertible debentures, or compulsorily convertible preference shares to a person resident outside India, the company must report that issuance to the Reserve Bank of India by filing Form FC-GPR (Foreign Currency, Gross Provisional Return). This reporting obligation arises under the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, read with the Foreign Exchange Management (Mode of Payment and Reporting o

In a landmark decision that strengthens India's pro-enforcement stance on foreign arbitral awards, the Supreme Court of India has formally recognised and applied the doctrine of transnational issue estoppel while interpreting Section 48 of the Arbitration and Conciliation Act, 1996. The judgment in Nagaraj V. Mylandla v. PI Opportunities Fund-I [2026 INSC 298], delivered on March 25, 2026, marks the first time the Supreme Court has engaged with this doctrine at the apex level

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

The Supreme Court of India has delivered a comprehensive exposition of the doctrine of ratification in administrative law, holding that once a competent authority ratifies an act initially performed without authority, the ratification relates back to the date of the original act, validating it as though prior authority had existed from the outset. In Delhi Technological University v. B.S. Rawat (2026 INSC 797), decided on August 4, 2026, a Bench of Justice Pamidighantam Sri N

In India, every birth must be reported to the local Registrar within 21 days of its occurrence under the Registration of Births and Deaths Act, 1969. However, many births go unregistered within this period due to lack of awareness, geographical remoteness, or administrative delays. A birth certificate is a critical document required for school admissions, passport applications, Aadhaar enrolment, and various government services. If you or your child's birth was not registered

The Supreme Court of India has clarified that the "washed-off theory," which treats adverse entries in an employee's record as wiped clean after a subsequent promotion, does not apply when the competent authority assesses an employee's fitness for continued retention in service under Fundamental Rules 56(j). In Sushil Sharma v. Union of India and Others (2026 INSC 809), decided on August 6, 2026, a Bench of Justice Prashant Kumar Mishra and Justice Shree Chandrashekhar upheld

The Payment of Bonus Act, 1965 is a key labour legislation in India that mandates employers to share a portion of their profits or productivity gains with eligible employees in the form of an annual bonus. Whether you work in a factory or a commercial establishment, understanding your bonus entitlement is essential for ensuring you receive the statutory compensation owed to you. This guide explains the eligibility criteria, calculation formula, step-by-step process for claimi

The Supreme Court of India has disposed of the Special Leave Petitions in the long-running dispute over PepsiCo India Holdings Pvt. Ltd.'s registration of the FL 2027 potato variety under the Protection of Plant Varieties and Farmers' Rights Act, 2001 (PPVFR Act). In Kavitha Kuruganti v. PepsiCo India Holdings Pvt. Ltd. (2026 INSC 811), decided on August 7, 2026, a Bench of Justice J.B. Pardiwala and Justice K. Vinod Chandran declined to interfere with the Delhi High Court Di

A Power of Attorney (POA) is a legal instrument through which one person (the principal) authorizes another person (the agent or attorney) to act on their behalf in legal, financial, or property matters. However, circumstances may arise where the principal needs to revoke or cancel the POA. Under Indian law, Sections 201 and 202 of the Indian Contract Act, 1872 govern the termination of agency relationships. This guide provides a complete walkthrough of how to revoke a POA in

In a landmark environmental governance order, the Supreme Court of India has directed the State of Rajasthan to constitute an Integrated Coordination Group and an independent River Commission for the restoration of the Jojari, Bandi, and Luni river ecosystem. The order, delivered on August 7, 2026, by a Bench of Justice Vikram Nath and Justice Sandeep Mehta in In Re: 2 Million Lives at Risk, Contamination in Jojari River, Rajasthan (2026 INSC 812), represents one of the most

India’s Protection of Plant Varieties and Farmers’ Rights (PPVFR) Act, 2001 provides intellectual property protection to plant breeders, researchers, and farmers who develop new or extant plant varieties. Similar to patent protection under Indian IP law, plant variety registration grants the breeder exclusive commercial rights over the registered variety. This guide explains the complete process of registering a plant variety with the PPV&FR Authority, including eligibility c

When a court order is wilfully disobeyed or when someone acts in a manner that scandalises or undermines the authority of a court, the affected party may file a contempt petition to enforce compliance or seek punishment for the contemnor. The law of contempt in India is governed by the Contempt of Courts Act, 1971, and the inherent powers of the Supreme Court and High Courts under Articles 129 and 215 of the Constitution. This article explains the distinction between civil an