REGULATIONS


Moneylife Digital Team 15 July 2026
Reserve Bank of India (RBI) has cancelled the registrations of 192 non-banking finance companies (NBFCs), with as many as 159 based in West Bengal, 22 from Maharashtra, four from Delhi, two from Gujarat and one each from Madhya Pradesh, Uttar Pradesh, Chhattisgarh, Jharkhand and Bihar....

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In a judgement delivered on Monday, the top court in the country distilled a legal principle that sets a premium on compliance with regulations and contractual commitments and cuts no slack for overstepping them even if there was commercial wisdom in doing it.   Though rendered in the context...

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Debayan Roy (Bar  and   Bench) 14 July 2026
The Supreme Court on Monday came down heavily on the alleged failure to enforce orders passed by the Haryana Real Estate Regulatory Authority (HRERA) while hearing a plea by homebuyers of the Parsvnath Exotica project in Sector 53, Gurugram.   A Bench of Chief Justice of India Surya Kant,...

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Moneylife Digital Team 14 July 2026
The National Stock Exchange of India Ltd (NSE) has cautioned investors against dealing with Telegram channels 'Crude Oil Commodity MCX Trade' and 'NIFTY Desk', as well as the Facebook group 'Dabba Trading', which are allegedly being used to offer unauthorised account-handling and illegal dabba...

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KBS Sidhu 14 July 2026
Regular readers of this series — Don’t Wait for the BLO to Knock Twice, SIR Process Creates a Stir, and most recently Who’s Afraid of the SIR?, in which ? urged every voter left off the BLO’s list to walk into a voter service centre and file Form 6 themselves — will recall that I have...

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Moneylife Digital Team 14 July 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹44.80 lakh on five cooperative banks for non-compliance with the directions issued by the banking regulator. The highest penalty of ₹13.30 lakh has been imposed on Gujarat-based Surat People’s Cooperative Bank Ltd.   Other banks penalised...

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Moneylife Digital Team 13 July 2026
In a landmark judgement reinforcing the primacy of regulatory compliance over commercial expediency, the Supreme Court of India on Monday dismissed a batch of civil appeals filed by Kotak Mahindra Asset Management Company Limited (Kotak AMC), Kotak Mahindra Trustee Company Limited (Kotak...

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Sixteen years. That is how long the National Stock Exchange (NSE) has fought to avoid being held directly accountable under the Right to Information (RTI) Act. Last week, the Delhi High Court finally dealt a decisive blow to that resistance, dismissing the Exchange's appeal and affirming that...

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Moneylife Digital Team 10 July 2026
Market regulator Securities and Exchange Board of India (SEBI) has passed an ex-parte interim order restraining Osiajee Texfab Ltd's managing director (MD) Reema Saroya, her husband Akashdeep Jain, stock broker Shreni Shares Ltd (SSL), Navraav Electro Ltd and 15 other connected individuals from...

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Moneylife Digital Team 10 July 2026
The Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level expert committee, named ASCEND (accelerated scaling of global capital ecosystem and NPS development), to prepare a strategic roadmap for attracting long-term global pension capital into India through...

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Moneylife Digital Team 09 July 2026
Market regulator Securities and Exchange Board of India (SEBI) has ordered Zara Portal proprietor Anurag Jaiswal to refund ₹47.05 lakh collected from investors through unregistered investment advisory activities, imposed a penalty of ₹7 lakh and barred him from accessing the securities market...

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Moneylife Digital Team 09 July 2026
Market regulator Securities and Exchange Board of India (SEBI) has ordered Zara Portal proprietor Anurag Jaiswal to refund ₹47.05 lakh collected from investors through unregistered investment advisory activities, imposed a penalty of ₹7 lakh and barred him from accessing the securities market...

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Moneylife Digital Team 09 July 2026
Market regulator Securities and Exchange Board of India (SEBI) has cancelled the certificates of registration of 12 research analysts (RAs) after they failed to pay the mandatory renewal fees required to keep their registrations valid under the SEBI (Research Analysts) Regulations,...

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Moneylife Digital Team 09 July 2026
Market regulator Securities and Exchange Board of India (SEBI) has cancelled the certificates of registration of 12 research analysts (RAs) after they failed to pay the mandatory renewal fees required to keep their registrations valid under the SEBI (Research Analysts) Regulations,...

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Moneylife Digital Team 09 July 2026
In a significant ruling reinforcing the Telecom Regulatory Authority of India's (TRAI) powers over television broadcasting, the Delhi High Court has upheld the constitutional validity of the regulator's 12-minute per clock hour cap on television advertisements, ruling that the measure is a...

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Prashant Jha (Bar  and   Bench) 09 July 2026
The Delhi High Court on Thursday rejected the plea filed by Chitra Ramkrishna, the former Chief Executive Officer (CEO) of the National Stock Exchange (NSE), challenging the definitions of ‘public duty’ and ‘public servant’ under the Prevention of Corruption Act (PC Act).    A Division Bench...

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Moneylife Digital Team 07 July 2026
Market regulator Securities and Exchange Board of India (SEBI) has notified amendments to its buyback regulations, restoring open-market share buybacks for listed companies through stock exchanges from 1 August 2026. The revised framework also shortens timelines, strengthens investor safeguards...

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Moneylife Digital Team 06 July 2026
Nearly two years after introducing a separate legal framework for cooperative housing societies through Chapter XIII-B of the Maharashtra Cooperative Societies Act, the Maharashtra government has now notified a dedicated chapter in the Maharashtra Cooperative Societies Rules, 1961, exclusively...

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Moneylife Digital Team 06 July 2026
Reserve Bank of India (RBI) has imposed penalties totalling ₹66.70 lakh on Bank of Baroda and GIC Housing Finance Ltd, a housing finance company (HFC), for non-compliance with directions issued by the banking regulator.  The highest penalty of ₹63.60 lakh was imposed on Bank of Baroda. GIC...

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Moneylife Digital Team 06 July 2026
Market regulator Securities and Exchange Board of India (SEBI) has cancelled the registration of ISF Special Opportunity Fund, an alternative investment fund (AIF), for repeatedly failing to file mandatory quarterly activity reports (QARs) despite repeated opportunities to comply. The regulator...

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