India: Compliance

In the recent case of Dr. Bais Surgical and Medical Institute Private Limited and Ors. vs. Dhananjay Pande1, the Hon’ble Supreme Court of India (“Supreme Court”) ruled that formal entry in a company’s register of members is not an absolute prerequisite for seeking relief in respect of oppression and mismanagement under Sections 3972 and 3983 of the Companies Act, 1956 (“1956 Act”) (that are in pari materia with Sections 241 and 242 of the Companies Act, 2013 (“CA 2013”)).

As discussed in our previous article, the Consultation Paper addressed a structural gap in the existing aircraft leasing ecosystem in GIFT City. While aircraft leasing entities could already be established in the IFSC, aircraft ownership, primary financing, transaction structuring and related professional services could continue to remain outside the IFSC.

A company approaching an initial public offering, or even a serious pre-IPO fundraise, enters a different legal and governance environment. Growth, brand visibility and investor appetite are no longer sufficient. The company must demonstrate that its financial reporting, statutory compliance, internal controls, risk governance, related-party discipline, employment practices, licensing architecture and disclosure culture can withstand institutional, regulatory and market scrutiny.

In arbitration, when two parties fall into a dispute, they go back to their agreement. That agreement usually names a place where the arbitration will happen. Sometimes it names two places, one where the proceedings...

In April 2026, India witnessed significant developments in competition law across enforcement, appellate review, and merger control. On the regulatory front, an amendment to the Insolvency and Bankruptcy Code...

The National Biodiversity Authority (NBA) has issued a notification on February 04, 2026 to clarify the obligation to submit a Declaration in Form-10 by any person intending to use any biological resource or associated traditional knowledge, obtained from a foreign country in India. This article provides an overview of the new requirement and its implications for businesses and research institutions.

On March 13, 2026, the Ministry of Power notified the Electricity (Amendment) Rules, 2026 ("Amended Rules") amending Rule 3 of the Electricity Rules, 20052 governing Captive Generating Plants ("CGPs"). The amendments clarify ownership and consumption criteria and significantly ease compliance requirements for group CGPs.

On 29 April 2026, the Reserve Bank of India (RBI) issued the Reserve Bank of India (Non-Banking Financial Companies-Registration, Exemptions and Framework for Scale Based Regulation) Amendment Directions, 2026 (Amendment Directions), amending the Reserve Banking of India (Non-Banking Financial Companies-Registration, Exemptions and Framework for Scale Based Regulation) Directions, 2025.

Argus Partners presents its office locations and legal disclaimer, outlining the Bar Council of India's restrictions on advocate solicitation and advertising.