BY PRIYAL BANSAL, FOURTH – YEAR STUDENT AT DR. RAM MANOHAR LOHIYA NATIONAL LAW UNIVERSITY, LUCKNOW I. ABSTRACT The Fast-Track Merger (‘FTM’) regime under Section 233 of the Companies Act, 2013, was designed to enable quicker mergers without the National Company Law Tribunal’s (‘NCLT’) approval. The introduction of a deemed approval mechanism under Section 233,… Read more: THE ILLUSION OF LEGAL COMPLETION IN INDIA’S FAST TRACK MERGERS
BY MUSKAN JAIN, QAZI AHMAD MASOOD, FOURTH – YEAR STUDENTS AT RAJIV GANDHI NATIONAL UNIVERSITY OF LAW, PUNJAB INTRODUCTION Consider an example of a defective product in which a consumer seeks a refund before a store shuts, but the defect is detected after closing, and the refund is not given. This seems unjust since the… Read more: RETHINKING REJECTION OF POST-LCD ADJUDICATED CLAIMS IN LIQUIDATION UNDER THE IBC
BY KHUSHI JAIN AND UJJWAL GUPTA, SECOND – YEAR STUDENT AT DR. RAM MANOHAR LOHIYA NATIONAL LAW UNIVERSITY, LUCKNOW INTRODUCTION On 5 December 2025, the Securities and Exchange Board of India (‘SEBI’) issued a Consultation Paper on Review of Master Circular for Foreign Portfolio Investors (‘FPIs’) and Designated Depository Participants (‘DDPs’) (‘Consultation Paper’) proposing the… Read more: Consolidation Without Safeguards: Analyzing the SEBI FPI Master Circular
BY AADIT SHARMA, SECOND – YEAR STUDENT AT DR. RAM MANOHAR LOHIYA NATIONAL LAW UNIVERSITY, LUCKNOW INTRODUCTION India’s startup ecosystem plays a crucial role in economic growth, with angel funds providing essential early-stage investment and mentorship bridging the gap between early seed financing and seed financing. angel investors typically commit between USD 10,000 which can… Read more: Balancing Act: Sebi’s Angel Fund Reforms For Inclusive Startup Growth
BY CHEENAR SHAH, VANSHIKA BANSAL, THIRD- YEAR STUDENT AT GUJARAT NATIONAL LAW UNIVERSITY The Supreme Court (‘the Court’) on January 15, 2026, delivered a landmark judgment in the case of The Authority for Advance Rulings (Income Tax) and Others v. Tiger Global International II Holdings (‘Tiger Global case’). The Court determined that the General Anti-Avoidance Rule (‘GAAR’) can supersede… Read more: Judicial Shift in Treaty Taxation: The Tiger Global Judgment
BY KEERTANA R MENON, THIRD YEAR STUDENT AT NUALS, KOCHI INTRODUCTION The concept of “systemic risk” has traditionally been synonymous with the banking sector, the giant lenders and financial intermediaries whose collapse could send shockwaves across the economy. The assumption here is that capital market infrastructure is mainly operational in nature. When we refer to… Read more: Are Depositories Becoming Systemic Risk Guardians? SEBI’s Quiet Shift in 2025
AYUSH RAJ AND TANMAY YADAV, FOURTH AND THIRD-YEAR STUDENTS AT GUJARAT NATIONAL LAW UNIVERSITY, GANDHINAGAR INTRODUCTION Securities and Exchange Board of India’s (‘SEBI’) February 2025 amendments (Intermediaries (Amendment) Regulations, 2025) inserted Regulation 16C, making any SEBI-regulated entity solely liable for AI/ML tools it uses, whether developed in-house or procured externally. This “sole responsibility” covers data… Read more: SEBI’s AI Liability Regulation: Accountability and Auditability Concerns