[ Kislay and Sakshi are students at National Law Institute University Bhopal. ] On 3 July 2025, the Securities and Exchange Board of India ( SEBI ) passed an interim order  under the Securities and Exchange Board of India Act 1992  against Jane Street, a prestigious American trading firm in the matter regarding index market manipulation  in the Indian options trading market by earning massive positions in derivatives amounting up to 4.3 billion dollars. While the SEBI order h

The proposed framework by the SEBI on an accreditation-based framework for AIFs reflects its broader vision to depart from a ‘minimum commitment’ threshold to ‘only accreditation’ status as a standard for risk assessment of an investor.

India’s import of the shadow director test, judicially narrowed by an unwarranted impropriety filter, undermines accountability.

The first part of the blog will establish the English jurisprudential benchmark, tracing the evolution of the shadow director test from the rigid “puppet master” standard in Re Hydrodam (Corby) Ltd to the more pragmatic “real influence” test in Secretary of State for Trade and Industry v. Deverell.

This blog argues that, in the age of AI, market definition must adapt, separating hype from structural reality and ensuring that claims of “nascency” do not become convenient cover for an anti-competitive market. 

The Shashoua judgment represents a watershed moment in the evolution of Section 48 public policy jurisprudence, particularly in its application to complex shareholders dispute arbitration. The court’s sophisticated analysis validates contractual deadlock resolution mechanisms while maintaining necessary boundaries between arbitral authority and statutory regulation.

Mandatory dematerialization prima facie appears to be a welcome step as far as reducing the vulnerabilities and risks of physical shares are concerned. However, it is important to consider that the transition is not without challenges.

Good faith is an omnipresent concept throughout contract law, not only permeating all its rules, but also acting as an ‘inspiration’ of those rules.

Unless patent illegality and perversity are confined to obvious, facial flaws, arbitral finality will remain illusory, and Section 34 will continue as a de facto appeal forum.

The balancing or “sliding scale” approach in Sequana is necessarily indeterminate, but such flexibility is preferable in the sphere of directors’ duties.

The payments revolution in India is not anywhere near finished, but the next stage is likely to play out at a steadier, almost cautious, pace under the regulator’s watchful eye.

Better clarity is required from the government and the courts regarding the anti-profiteering system.

It is time for tax laws to stop dragging MSMEs back into the quicksand if insolvency is supposed to provide them with a new beginning.

SEBI’s proposals for LVFs aim to unveil more capital and relax compliance requirements which are in line with global fund regimes.

The regulatory ambiguity surrounding buy-back transactions by FOCCs exposes significant gaps in India’s capital market governance.

The consultation paper shifts the regulations from a rigid uniformity towards proportional oversight.

The IBC amendment marks a significant step in India’s insolvency law. By introducing CIIRP, Parliament has signaled a shift towards even greater creditor empowerment and flexibility. CIIRP’s shorter timelines and creditor-led design mirror global best practices (akin to pre-packaged restructurings), potentially speeding up resolutions and preserving value.

This blog examines the introduced amendments and analyses how they will accelerate corporate restructuring and create a more predictable environment for foreign and domestic investors. The blog further identifies the potential challenges and considerations that need to be addressed for the amendments to be beneficial for India’s market economy.

The lighter touch approach adopted by the SEBI in regulating the AIF market reflects the proactive attempt to balance the ease of doing business with investor protection.

India’s existing competition framework, functioning on a reactive, case-by-case approach, is not suitable for tackling structural and collective dominance in rapidly changing cloud markets.

[ Vidhanshu and Raman are students at National Forensic Sciences University, Gandhinagar, and Dr Ram Manohar Lohiya National Law University, respectively. ] The Hon’ble Supreme Court’s recent ruling in Kamal Gupta and Another v. LR Builders Private Limited and Another   ( Kamal Gupta ) is an important precedent that defends the procedural sanctity of an arbitration proceeding against interference from non-signatory parties. Kamal Gupta  sets a clear and straightforward rule

Zombie companies drain capital from healthy firms and undermine policy tools. India's shift toward strict enforcement is beginning to bear fruit, but ongoing vigilance, strict identification of NPs, strong insolvency procedures, and a strong banking culture are required to prevent credit from pushing zombies rather than innovation.

SEBI’s consultation paper provides a forward-looking approach to ease compliance, maintain uniform standards, and reduce redundant disclosure norms within which the RPTs operate.

The split in ACIT v. Shelf Drilling Ron exposes a deeper fault line in Indian tax adjudication: whether courts should privilege the literal boundaries of statutory text or stretch interpretation to preserve the functional life of specialized procedures.