SEBI has issued a series of circulars requiring regulated entities and market infrastructure institutions to ensure full digital accessibility across websites, mobile applications, KYC processes, and investor-facing platforms, in line with statutory obligations and the Supreme Court’s recognition of digital access as a fundamental right. Through defined accessibility standards, extended compliance timelines, structured audit and […]
In Alkem Laboratories Limited v. Prevego Healthcare and Research Pvt. Ltd. (2026:DHC:411), the Delhi High Court refused to grant an interim injunction restraining the use of “MULTIVEIN AZ”, rejecting Alkem’s claim of exclusivity over the letters “A” and “Z”. The Court held that individual alphabet letters and generic expressions such as “A TO Z”, particularly […]
The Reserve Bank of India has notified comprehensive amendment directions on lending to related parties by regulated entities, effective 1 April 2026, significantly strengthening governance, oversight, and disclosure standards. By expanding definitions, revising materiality thresholds, extending board-level oversight mechanisms, and strengthening monitoring and reporting requirements, RBI reinforces transparency, accountability, and prudential discipline in related party […]
In a significant ruling, the Bombay High Court (Nagpur Bench) has quashed a GST show cause notice issued on the assignment of long-term MIDC leasehold rights, holding that such transfer amounts to transfer of benefits arising out of immovable property and not a taxable supply of service under GST. The Court further clarified that the […]
We are pleased to share with you our latest Customs and GST Alert, covering recent judgments and regulatory updates. We trust that you will find the same useful. Looking forward to receiving your valuable feedback. For any clarification, please write to: Mr. Shammi Kapoor Senior Partner [email protected] Mr. Arnab Roy Partner [email protected]
Securities and Exchange Board of India, vide its circular dated December 30, 2025, has mandated the requirement of National Institute of Securities Market (“NISM”) certification for the compliance officers of the manager of Alternative Investment Funds (“AIFs”). From January 1, 2027 onwards, only those persons who have obtained the NISM Series-III-C: Securities Intermediaries Compliance (Fund) […]
