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Indian companies transitioning from founder-driven private enterprises to publicly listed entities face a fundamental governance challenge: distinguishing between founder-led vision and founder-controlled power structures. As SEBI's regulatory framework demands transparency in board composition, related party transactions, and decision-making processes, pre-IPO companies must dismantle informal governance practices and build institutional counterweights that protect minority shareholders while preserving st

The Supreme Court has drawn a critical distinction in insolvency proceedings between appeals that are merely defective and those that are fundamentally incompetent from inception. When a suspended director files an appeal in the name of a corporate debtor after commencement of CIRP, can such a filing be cured through amendment, or does it represent a void proceeding that cannot be salvaged even within the limitation period?

The Ministry of Corporate Affairs has issued a one-time relaxation allowing companies to file Form DPT-3 for the financial year 2025-26 until 31 July 2026 without additional fees. This relief measure comes in response to a fire incident at the MCA Data Centre that necessitated system restoration activities. Companies can now take advantage of this extended deadline to comply with their deposit return filing obligations without incurring late payment penalties.