Ruchika Chitravanshi

Wanted, a fit and proper director: Bill proposes tighter governance norms

Lighter criminal touch, heavier governance burden for independent directors proposed in corporate law Bill

IBBI wants debt resolution professionals to guard against IBC abuse

IBBI directs Insolvency Professionals to conduct due diligence and report misuse of the IBC framework following a disciplinary crackdown on non-compliant administrators

CCI invites public comments on PVR INOX proposal to discontinue VPF charges

PVR INOX proposes ending upfront VPF payments and offering producers a choice between a per-show exhibition service charge and a revised revenue-sharing arrangement

CCI rejects interim relief plea against Mrs India Inc in competition case

The competition regulator said granting the relief while the matter was under investigation by the Director General would have the effect of prejudging the issues

NFRA sets up advisory panel on audit quality, AI and technology risks

Nine-member committee will advise NFRA on AI, automation and cybersecurity risks, audit standards, technology environments and areas warranting sectoral focus

CCI asks three debenture trustees and association not to cartelise

CCI has ordered the Trustees' Association of India and three debenture trustees to cease alleged cartelisation and fee fixing for trusteeship services

Recovery for lenders from personal guarantors picks up: IBBI data

However, the dues recouped still remain minimal

MCA likely to ease three-year cooling-off period for auditors

That means, during the cooling-off period between statutory audits, the auditor can offer permissible non-audit services to the same client

Sebi seeks inclusion of fractional shares in Companies Amendment Bill

Sebi has asked the Ministry of Corporate Affairs to recognise the issuance and holding of fractional shares, which could widen investment options for retail investors

CCI eases commitment norms; Google, IndiGo pleas await approval

The competition regulator has also increased the overall timeline for considering commitment applications to 180 days as it seeks to address procedural and administrative issues

Govt to examine litigation funding for PUFE deals under insolvency regime

The MCA will study third-party litigation funding for PUFE transactions as funds worth over Rs 4.38 lakh crore remain locked in avoidance proceedings under the insolvency regime

CCI faces quorum crunch as MCA moves to fill two member vacancies

The competition watchdog could be left with only two members, potentially affecting antitrust proceedings even as merger clearances may continue under the doctrine of necessity

Chandrasekaran's exit brings 158-yr-old empire at a governance crossroads

While many business groups in India follow a trust structure, experts said it works as long as the promoter, the board and professional management are on the same page

Parliamentary panel seeks time-bound action plan for PM Internship Scheme

The PMIS was announced in the Budget 2024-25 with a total outlay of Rs 63,000 crore over five years for the main scheme, which is yet to commence

Explained: Is the Insolvency and Bankruptcy Code losing its relevance?

Realisations through the IBC declined from around 190 per cent of liquidation value in the early years to 167 per cent in FY26

House panel seeks curbs on NFRA powers, softer audit rules in Bill

Panel recommends a risk-based approach to restrictions on non-audit services and cooling-off norms, while cautioning against expanding NFRA's powers at the cost of ICAI's autonomy

AI cannot replace auditor judgement, flags automation bias in audits: NFRA

The audit regulator's first technology guidance says AI can support audit quality but cannot substitute professional judgement, scepticism or auditor accountability

IndiGo offers commitments in abuse-of-dominance case; CCI seeks comments

The airline has proposed a crisis management framework, fare safeguards and faster refunds to address concerns raised in the CCI's abuse-of-dominance investigation

CCI rejects antitrust complaint against Jindal Stainless over supply deals

The Competition Commission of India found no evidence that Jindal Stainless abused its dominant position or entered into anti-competitive supply arrangements

Tighten norms on repeat violations, protect MSMEs: House panel to CCI

A parliamentary panel has urged the CCI to periodically review its regulations, improve transparency in penalty calculations and strengthen safeguards for MSMEs and startups