Judgement

Madras High Court partly allows petitions under Section 34, sets aside forfeiture of security deposit of Rs.75,75,480 and reduces interest from 24% to 12% per annum; upholds balance arbitral award.

Madras High Court: Forfeiture of Security Deposit Unsustainable, Interest Slashed from 24% to 12%

Notifications

The Ministry of Finance (Department of Revenue) recently shared a notification on October 16, 2025 regarding prevention of Money-laundering Act 2002.

MoF Notification: Applicability of PMLA KYC Provisions to SEBI Intermediaries

Articles

The new rules will be known as Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2025.

IBBI Amends the Liquidation Process of Insolvency and Bankruptcy Board of India Regulations 2025

Govt. declares computer resources regarding the Public Financial Management System Application comprising various Modules, web portals and more.

Govt Locks Down PFMS, Only Authorized Users Allowed [Read Notification]

These regulations will now be known as the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Sixth Amendment) Regulations, 2025 and are applicable on the date of their publication in their Official Gazette.

IBBI Notifies Amendments to Insolvency Resolution Process for Corporate Persons

The Government has notified an income tax exemption to the Chennai Metropolitan Water Supply and Sewerage Board under Section 10(46A) of the Income Tax Act.

CBDT gives Income Tax Exemption to Chennai Metropolitan Water Supply and Sewerage Board

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