Entries by Staff

Understanding “Undertaking” in the Context of Investment Demergers

– Barsha Dikshit and Sourish Kundu | corplaw@vinodkothari.com The meaning of “undertaking” has been one of the most debated issues under Indian company law and tax law, particularly when it comes to shares/investments to be treated as an “undertaking”. While the term intuitively refers to a business or division carried on as a going concern, […]

Online money gaming: Financial Institutions to stay away

– Saloni Khant | finserv@vinodkothari.com The Promotion and Regulation of Online Gaming Bill, 2025, passed by the Parliament, received the assent of the President on Friday, 22nd August, 2025. The law will come into force on its publication in the Official Gazette. As soon as it becomes effective, the immediate implication of the Bill will […]

Rights for wrongs: Potential deprivation of shareholders property rights using mandatory demat rule

– Vinod Kothari and Payal Agarwal | corplaw@vinodkothari.com The mandatory dematerialisation provisions under the Companies Act, 2013 requires companies to issue their securities and facilitate transfer requests in dematerialised form only. For private companies, the mandate has become effective since 30th June 2025, hence, every private company (barring a small company) is now required to […]

Supreme Court Mandates Digital Accessibility: Action Points for Banks and NBFCs

– Harshita Malik | finserv@vinodkothari.com Introduction On April 30, 2025, the Supreme Court of India delivered a landmark judgment in Pragya Prasun & Ors. v. Union of India, declaring digital access as an intrinsic component of the fundamental right to life under Article 21. The Court issued comprehensive directions to make digital KYC processes accessible […]

Presentation on IBC Amendment Bill, 2025

YouTube Recording of Discussion on Bill: https://youtube.com/live/jAvKP7U5qKY Read More: IBC for a makeover: bold and beautiful! Quick highlights of the IBC Amendment Bill, 2025 Done, dented, damaged: The IBC edifice, even before it’s 10 Supreme Court’s Judgment in Bhushan Power and Steel Ltd.: a wake up call for the Resolution Professionals and Committee of Creditors