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COMPANY LAW UPDATE: ADDITIONAL COMPLIANCE REQUIREMENT FOR SHARE TRANSFER IN PRIVATE LIMITED COMPANIES

COMPANY LAW UPDATE: ADDITIONAL COMPLIANCE REQUIREMENT FOR SHARE TRANSFER IN PRIVATE LIMITED COMPANIES

by ilf.admin | Jul 10, 2025 | Publications

The National Securities Depository Limited (NSDL), vide Circular No. NSDL/POLICY/2025/0071 dated 3 June 2025, has brought about a significant procedural shift in the transfer of shares of private limited companies through the depository mode. The circular outlines the...
SEBI UPDATE | INTERIM ORDER AGAINST JANE STREET GROUP FOR ALLEGED INDEX MANIPULATION

SEBI UPDATE | INTERIM ORDER AGAINST JANE STREET GROUP FOR ALLEGED INDEX MANIPULATION

by ilf.admin | Jul 7, 2025 | Publications

The Securities and Exchange Board of India (SEBI), vide an ex-parte interim order dated 3 July 2025 (Order), issued under Sections 11(1), 11(4), 11B(1), and 11D of the SEBI Act, 1992, has restrained entities of the Jane Street Group, LLC (JS Group) from participating...
University Diploma Nullification: Legal Grounds and Recent Developments

University Diploma Nullification: Legal Grounds and Recent Developments

by ilf.admin | Jul 1, 2025 | Publications

The nullification of a university diploma is a serious legal matter with significant implications for individuals and institutions, particularly when it affects an individual’s eligibility for public office. Such decisions are often based on claims of irregularities...
Delhi High Court Upholds Voluntary Nature of Restaurant Service Charges

Delhi High Court Upholds Voluntary Nature of Restaurant Service Charges

by ilf.admin | Jul 1, 2025 | Publications

Background: On 28 March 2025, the Delhi High Court delivered a significant judgment in the matter of National Restaurant Association of India & Ors. v. Union of India & Anr addressing the legality of mandatory service charges levied by restaurants and hotels....
REAL ESTATE UPDATE I SUPREME COURT: PROPERTY REGISTRATION ALONE DOES NOT CONFER OWNERSHIP

REAL ESTATE UPDATE I SUPREME COURT: PROPERTY REGISTRATION ALONE DOES NOT CONFER OWNERSHIP

by ilf.admin | Jun 19, 2025 | Publications

In a landmark judgment, the Hon’ble Supreme Court of India in K. Gopi v. Sub-Registrar and Others (2025 SCC OnLine SC 740) has declared Rule 55A(i) of the Tamil Nadu Registration Rules, 1983 (“Rule 55A(i)”) ultra vires of the Registration Act, 1908. The judgment...
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