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The Securities and Exchange Board of India (SEBI) issued a consultation paper on 23 July 2026 (Consultation Paper). The Consultation Paper proposes a comprehensive review of the SEBI (Portfolio Managers) Regulations, 2020 (PMS Regulations).

The Court held that mere subsistence of the underlying contract in cases where the debt had already matured would not lend a new lease of life to such debts in case they already stood time-barred.

In a significant ruling that underscores the importance of correctly aligning the choice of statute with the nature of the grievance, the Hon’ble Bombay High Court in Sandip S/O Ramashankar Dube vs The State of Maharashtra, quashed a First Information Report and consequent criminal proceedings that had been registered under the Copyright Act, 1957, in a matter involving the sale of counterfeit branded apparel.