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Mandatory Admission of Section 7 Application: A Step in the Wrong Direction?
(Tejbeer Singh and Ryan Bang are fourth-year students at National Law Institute University, Bhopal) Introduction The Parliament has recently proposed an amendment to the Insolvency and Bankruptcy Code, 2016 ( IBC ) through its Insolvency and Bankruptcy (Amendment) Bill, 2025 . Clause 4 of the Bill aims to make sure that all the applications filed by financial creditors to start the Corporate Insolvency Resolution Process ( CIRP ) must be mandatorily admitted. This was done by

The Competition and Commercial Law Review
Dec 13, 20256 min read


A Whiff of India’s First Olfactory Trademark
[Agastya Shukla is a Fifth Year law student at Panjab University, Chandigarh] Introduction On 21 November 2025 , the Trade Marks Registry (Registry) , India accepted the first Indian application for an olfactory trademark. The Controller General of Patents, Designs and Trade Marks, directed that application No. 5860303 filed by Sumitomo Rubber Industries Ltd. (Sumitomo), for a “floral fragrance/smell reminiscent of roses as applied to tyres” in Class 12, be advertised in t

The Competition and Commercial Law Review
Dec 10, 20256 min read


From Blanket Ban to Responsible Capital: Decoding RBI’s AIF Mandate
[Somya Sharma and Harshit Sharma are 2nd year students at Hidayatullah National Law University, Raipur] INTRODUCTION Recently, the Reserve Bank of India ( RBI ) issued the Reserve Bank of India (Investment in AIF) Directions, 2025 ( Directions ), set to take effect from 1 January 2026. These directions aim to reshape the way banks, Non-Banking Financial Companies ( NBFCs ), and other Regulated Entities ( REs ) interact with India’s Alternative Investment Fund ( AIF ) ecosyste

The Competition and Commercial Law Review
Dec 5, 20256 min read


Family Deeds and Market Needs: The Pitfalls of SEBI’s Sweeping Disclosure Mandates
[ Malvika Chandra and Mansi Awasthi are both third-year law students at Hidayatullah National Law University, Raipur. ] Introduction In a recent affidavit filed in response to writ petitions by five Kirloskar group companies, the Securities and Exchange Board of India ( SEBI ), on the 3 rd of September 2025, contended that shareholders’ right to information takes precedence over the principles of privity and promoters’ claims of privacy in the context of disclosing privat

The Competition and Commercial Law Review
Nov 16, 20257 min read


SEBI’S ESG Ratings Circular: A Step Forward, But Is It Far Enough?
[ Om Chandak is a 4th Year and Arjun Kapur is a 5th Year at Maharashtra National Law University, Mumbai] Introduction In recent years , the importance of sustainability in the economy and governance has changed how global capital flows, decisions are made, and corporate performance is evaluated. Environmental, Social, and Governance ( ESG ) factors, which were once seen as optional corporate social responsibility disclosures, now shape investment strategies, shareholder acti

The Competition and Commercial Law Review
Oct 23, 20257 min read
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