IBC Amendment Bill Shifts Resolution Timeline Arithmetic for Boards
IBC amendment bill reduces resolution timelines to 240 days while changing creditor voting thresholds and introducing new disclosure requirements for boards.
Legal Firms Get Access to HDFC Bank Board Minutes in Chakraborty Review
HDFC Bank engages law firms to examine board meeting minutes following Atanu Chakraborty's resignation as independent director, highlighting governance review p
Lenders Get Voice in ₹14,543 Crore JAL Resolution After NCLAT Hearing
NCLAT allows Adani's ₹14,543 crore JAL resolution to proceed while requiring lender consultation, creating new precedent for post-approval creditor engagement.
TRAI Caps False Financial Reporting Penalty at ₹5 Crore After Industry Pushback
TRAI abandons percentage-based penalties for telco financial misreporting, capping fines at ₹5 crore. What this regulatory shift means for board-level complianc
IRDAI’s Public Insurance Registry Shifts Record-Keeping Liability to Insurers
IRDAI's Public Insurance Registry shifts record-keeping responsibility to insurers, creating new compliance obligations and liability frameworks for insurance c
IT Department’s Buyback Surcharge Clarification Changes Nothing About Disclosure Risk
IT Department's social media clarification on buyback surcharge creates new compliance burdens for boards without resolving core verification challenges.
When the CBI Knocks: Former Directors Face Fraud Allegations in ₹114.98 Crore Case
CBI searches target former Reliance Telecom directors in ₹114.98 crore fraud case, highlighting continuing criminal liability exposure after resignation.
GAIL’s 49% Acquisition Caps Equity Below FEMA Threshold
GAIL acquires 49% stake in Leafiniti Bioenergy, raising questions about minority equity control and multi-state regulatory compliance for CBG projects.
Fino Payments Bank’s Gupta Granted Bail But Board Questions Remain Unanswered
Fino Payments Bank CEO Rishi Gupta granted bail, but board governance questions around executive fitness and regulatory risk assessment remain unaddressed.
HDFC Bank’s Board Re-appointment: Three Years More for Maheshwari
HDFC Bank re-appoints Sunita Maheshwari as Independent Director for three years, balancing board continuity with strategic flexibility in governance planning.