Supreme Court Reaffirms the Irrelevance of Motive Under the 2015 PIT Regulations

September 16, 2026

1. Introduction: A New Paradigm in Insider Trading Jurisprudence

The Supreme Court’s judgment dated August 11, 2026 in Securities and Exchange Board of India (SEBI) v. Rajeev Vasant Sheth (2026) represents a watershed moment in Indian securities law, marking a definitive legislative closing of loopholes that previously allowed insiders to escape liability via subjective justifications. This ruling clarifies the rigorous “conduct-based” liability framework of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations 2015), effectively shifting the burden of proof to the accused once possession of Unpublished Price Sensitive Information (UPSI) is established.

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Draft SEBI Settlement Regulations, 2026 – What is Changing from the 2018 Framework?

30 August, 2026

The Securities and Exchange Board of India (“SEBI”) has proposed a significant overhaul of its settlement framework by issuing a Consultation Paper on Review of the SEBI (Settlement Proceedings) Regulations, 2018 on 14 August 2026.

The Consultation Paper contains a draft of the proposed Securities and Exchange Board of India (Settlement of Proceedings) Regulations, 2026 (“Proposed Settlement Regulations, 2026”), which are intended to replace the existing SEBI (Settlement Proceedings) Regulations, 2018.

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AI and the Professional: Transforming the Way CS, CA and Advocates Work

August 20, 2026

Artificial Intelligence (“AI”) is no longer a futuristic concept confined to technology companies. It is rapidly becoming a practical working tool across professional services. Company Secretaries (CS), Chartered Accountants (CA), Advocates and other professionals are increasingly using AI to research, analyse, draft, review and organise information.

The important question, therefore, is no longer whether professionals should use AI, but how they should use it responsibly and effectively.

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Digital Personal Data Protection Act, 2023: Key Provisions, Implications and Practical Takeaways for Professionals

Introduction

Data has become one of the most valuable assets of modern businesses. Companies routinely collect and process personal information relating to customers, employees, directors, shareholders, vendors and other stakeholders. Protecting such information is therefore not merely an IT responsibility—it is increasingly a corporate governance, legal and compliance responsibility.

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Deciphering the Corporate Laws (Amendment) Bill, 2026: Key Reforms and Current Status

The Indian corporate regulatory landscape is on the cusp of a major legislative shift. Introduced to modernize framework mechanics, the Corporate Laws (Amendment) Bill, 2026 represents a significant step in India’s legislative evolution. The bill aims to transition the country from a rigid, form-heavy compliance model to a risk-aligned, practical ecosystem.

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Companies (Incorporation) Fifth Amendment Rules, 2021

Ministry of Corporate Affairs (MCA) has issued Companies (Incorporation) Fifth Amendment Rules, 2021 which will be effective from 1st Sept, 2021. Vide this amendment, in the Companies (Incorporation) Rules, 2014, a new rule 33A has been inserted, which provides for allotment of a new name to the existing company under section 16(3) of the Companies Act, 2013.

This situation arises in case of rectification of name of company u/s 16 of the act, if through inadvertance a company is registered with a name which is identical with existing company.

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Recognition to CS under IFSCA

International Financial Services Centres Authority (IFSCA) has recognized the Company Secretary as ‘Compliance Officer’ to be appointed under Regulation 130 of IFSCA (Issuance and Listing of Securities) Regulations, 2021 issued vide gazette notification dated 16th July, 2021.

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