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For most successful business owners, franchising sounds like a natural next step. The business works, the brand has traction, and the margins look sound enough to share. What the growth plans rarely account for is that franchising is not simply an expansion strategy. It is a change in what you do for a living.

The April 2026 edition of Fox & Mandal's newsletter examines the Corporate Laws (Amendment) Bill, 2026; the Insolvency and Bankruptcy Code (Amendment) Act, 2026; refinement of the Minimum Public Shareholding framework; the Electricity (Amendment) Rules, 2026; and other changes in India's corporate, capital markets, infrastructure, and banking sectors.

The Central Electricity Regulatory Commission ("CERC"), vide its order dated March 31, 2026 ("CERC Order"), has determined the value of ‘X' for computation of deviation (in percentage) for Wind and Solar Sellers ("WS Sellers"), i.e., generating stations based on wind, solar or wind-solar hybrid resources, under the CERC (Deviation Settlement Mechanism and Related Matters) Regulations, 2024 ("DSM Regulations, 2024")