₹452 Crore Smart World Divestment Shows L&T Technology Reshaping Its Engineering Portfolio
L&T Technology Services divests Smart World unit for ₹452 crore to AMI Paradigm, reshaping portfolio focus toward higher-margin engineering services
Stock Options Return to Meta After Twelve-Year Absence
Meta introduces stock options for executives after 12-year absence, linking compensation to stock price milestones amid AI talent competition and retention chal
Infosys’ $560 Million Acquisition Spree Raises Board Oversight Questions
Infosys' record $560M acquisition spree in healthcare tech raises governance questions about board oversight of concentrated M&A strategy and accelerated deal t
Penalty Imposed for Failure to Conduct Board Meetings Under Companies Act
ROC imposed penalty due to non-conduct of mandatory board meetings during FY 2019–20. The ruling confirms strict compliance requirements under Section 173 of the Companies Act. The post Penalty Impose
IBBI Study Highlights Need for Stronger MSME Insolvency Framework Due to Pre-Admission Settlements
The study found that most MSME insolvency cases are resolved before admission, highlighting gaps in data and process efficiency. It recommends reforms to improve transparency, recovery, and early sett
Insolvency and Bankruptcy Code (Amendment) Act, 2026
The amendment allows financial creditors to directly initiate insolvency with prior approvals, reducing delays. It ensures faster resolution and greater creditor control in insolvency proceedings. The
Director Removal under Section 169 of Companies Act, 2013
Director removal requires complete adherence to Section 169 procedures. Any procedural lapse can render the removal invalid and expose the company to litigation. The post Director Removal under Sectio
GST Cancellation Order Quashed Due to Lack of Reasons for Retrospective Effect
The Court ruled that cancellation cannot be applied retrospectively without proper application of mind. The order was quashed for lack of objective reasoning. The post GST Cancellation Order Quashed D
Adani Moves US Court Seeking Dismissal Of SEC Fraud Case, Says Lawsuit Lacks Jurisdiction
Adanis argued that the court lacks personal jurisdiction, saying neither had sufficient contacts with the US or direct involvement in the bond offering.
NCLT Admitted Insolvency Due to Proven Loan Default Despite Unstamped Agreement
The tribunal held that insufficient stamping of a loan agreement does not invalidate insolvency proceedings. Default was established through other documentary evidence. The ruling emphasizes substance